Luxury yacht cruising on a bright blue sea near a mountain coast

Keep Your Build on Course

Proven. Reliable. Trusted.

$51M
projects managed
100%
satisfaction

Owners Representation & Build Captain Services

Don't let your dreams of a beautiful European build get lost in translation. Ten Ten Marine is here to get you the very best of European craftsmanship - conformed to American needs and waters and your specific program requirements.

  • Track every milestone and timeline to keep you thoroughly informed.
  • Act as a single point of contact demanding perfection from keel to mast.
  • Navigate build processes smoothly while actively mitigating construction risks.
  • Coordinate timelines through combined remote and local on-site supervision.
  • Advise on technical decisions using years of practical yachting experience.
  • Manage inspections, change-orders, budgets, surveying, and flag requirements.
  • Minimize surprises during the critical period from launch to delivery.
  • Ensure regulatory compliance for chartering or tax-offset programs upon delivery.
  • Oversee warranty periods, resolving post-launch issues with domestic US yards.
  • Eliminate time-zone barriers and translation errors using historical build knowledge acquired over years in the industry.
Captain Eli Olive standing on a yacht

Captain Eli Olive

"All of us have in our veins the exact same percentage of salt in our blood that exists in the ocean. And therefore, we have salt in our blood, in our sweat, in our tears. We are tied to the ocean. And when we go back to the sea—whether it is to sail or to watch it—we are going back from whence we came."

- John F. Kennedy, America's Cup 1962

CASE STUDY

The $27M Deadline: 40m M/Y Project Recovery

White luxury yacht graphic on a white background

The Crisis:

A 40-meter international new build was paralyzed by technical disputes with just months remaining in the tax year. If the vessel failed to be "Placed in Service" in the USA by the year-end deadline, the owner stood to lose millions in BBB (Bonus Depreciation) tax benefits.

The Hire:

Ten Ten Marine hired as owner’s representative & build captain

The Intervention:

  • Deadline-Driven Mediation: Stepped in to resolve a fractured relationship between the shipyard and the owner’s team, stripping away non-essential friction to focus exclusively on the "Critical Path to Launch."
  • The American Upfit: Simultaneously managed the technical transition for the US market, ensuring HVAC and electrical systems met the operational standards required for immediate US charter entry.
  • The 11th Hour Delivery: Coordinated the transatlantic logistics and final commissioning to ensure the vessel was physically in the USA, documented, and chartered in-service before the December 31 deadline.

The Result:

  • Tax Benefit Secured: Successfully triggered 100% Bonus Depreciation on a $27M asset.
  • Asset Optimization: Delivered a "US-Ready" vessel that outperformed Euro-spec expectations in the local market.
  • Dispute Resolution: Closed out the build without the need for multi-year litigation.

The Key Win:

  • Secured 100% Bonus Depreciation via BBB Act Compliance
Front view of a large ship in a dry dock with scaffolding around it
Large white yacht outside a shipyard building on a trailer, with people nearby

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