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Yacht Finance

Underwrite the hull, not the paperwork.

Location, usage and condition signals on every financed hull, read from recorded positions and dated for the credit file. The paper is in the file; the collateral is at sea.

Collateral overview ILLUSTRATIVE DATA Last 90 days ▾Export report
Portfolio
Map
Vessels
Alerts
Reports
SPAIN FRANCE ITALY Corsica Sardinia Balearic Islands Mediterranean Sea + − ◎ 100 NM
VesselObservationReview
SarelleWithin agreed areaRecorded ›
CallisteBeyond agreed cruising areaReview ›
VireoExtended dark period at berthReview ›
Covenant monitoring

Hold the voyage against the agreement.

Recorded movement, set against the position at signing. Where the cruising area, the jurisdictions or the pattern of use has drifted, the record shows it before the annual review does.

01 Cruising areas
02 Jurisdictions visited
03 Stationary periods
04 List standing

List standing is watched daily: a financed hull named on an OFAC, EU, UK or port-state detention list is impaired collateral, and the alert arrives the day the entry appears, matched by IMO and prior identity.

Agreement comparison ILLUSTRATIVE EXAMPLE
At signing
SPAIN FRANCE ITALY Balearic Is. Sardinia Mediterranean Sea AGREED AREA
Agreed area: West Mediterranean
Cruising limits from the security agreement.
Since signing
SPAIN FRANCE ITALY Balearic Is. Sardinia AGREED AREA
Observed since signing: Out-of-area cruising
Positions recorded outside the agreed area, each dated.
Observation period: 12 Oct 2025 – 31 Aug 2026  |  Source: AIS, satellite and port records
Condition signals

Read condition from movement.

A hull's movement record is a proxy for its physical state. Heavy seasons, missed lay-ups and long quiet spells each leave a measurable trace worth a closer look.

Movement as a condition proxy
UtilizationDays under way and distance run indicate wear on machinery and running gear.
Verified lay-upPosition records show whether a stated lay-up period was in fact stationary.
Yard timeExtended stays inside yard boundaries mark maintenance or repair the file may not yet reflect.
Weather exposureStorms crossed, lightning proximity and heavy-sea days, measured along the hull’s actual track rather than assumed from her home port.
Structure interactionsScreening signals where movement meets a charted bridge, pier or hazard: a possible damage event the file would otherwise learn about late.
ILLUSTRATIVE ALERT
Asset review flagged
FLORIDA THE BAHAMAS CUBA LAST FIX · 47 DAYS AGO 100 NM
Vessel:Vireo Trigger:Extended dark period at berth Status:Asset review flagged
View recorded positions → Screening signal; not a default event.
Usage history review ILLUSTRATIVE SCENARIO
SPAIN FRANCE ITALY Corsica Sardinia Balearic Islands MAY 25 JUL 25 SEP 25 JUN 26 AUG 26 100 NM
——  2025 season - -  2026 season ◯  Recorded position ●  Port call
Pre-close diligence

Underwrite the hull's measured life.

Before funding, review what the hull has actually done: seasons of use, silences in the record, changes of name and flag. Measured history gives the survey and the valuation something to stand on.

Every watch on this page runs as a pre-approval screen first: list standing checked before the term sheet, weather and incident history read from the hull’s own track, prior identities resolved before the name on the application is taken at face value. The same screens then carry the loan from closing to payoff.

Evidence

Evidence you
can inspect.

Dated observationsReview positions, port calls and events with exact dates and times.
Source recordsInspect the position records supporting each observation.
Observation limitsReview tracking gaps and the limits of available observations.
FAQ

Questions from Yacht Lenders

How can lenders monitor yacht collateral?

Traffik measures each financed hull's live movement (jurisdictions, usage intensity, extended silences) as dated screening signals for portfolio review, from a fleet of 11,400+ tracked yachts.

What is a Usage-Truth Dossier?

The measured biography of one hull: days under way by year, yard time, silences, identity changes. Evidence for valuations, surveys and credit files.

Is our collateral checked against sanctions and detention lists?

Yes. OFAC, EU and UK vessel designations and the Paris MoU current detention list are scanned daily and matched to each financed hull by IMO number, current name and prior identity. A listing is a same-day alert; a renamed hull never slips past the watch.

Can movement data flag jurisdiction risk?

Yes: a hull operating outside the file's stated basis, or re-flagging mid-term, is measurable the week it happens and surfaces as a review signal.

Watch the asset,
not just the amortization.

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