The yachting industry has long held to the belief that a successful luxury yacht charter vessel can expect 12 weeks of charter business a year. This expectation included both Caribbean yacht charter and Mediterranean yacht charter business.
Excluding the small sail boat charters that dominate the Caribbean market, in the world of megayacht and superyacht vessels, there are about 830 yachts 80 feet and larger available for a luxury yacht charter worldwide. What might be surprising to many is this fact: some 600 of these vessels do no more than 3 or 4 weeks of chartering each year.
Thus, the upcoming Mediterranean yacht charter summer season has a lot riding on it for boat owners and captains who have — perhaps ill-fatedly from the start — factored 12 weeks of megayacht charter business into their calculations.
So what does a 52 week year in the life of a superyacht look like? A recent industry survey breaks it down like this:
*Owner’s personal use – 6 weeks.
*Yard time (for repair and maintenance) and crossing time to reposition (Caribbean to the Mediterranean, etc.) – 26 weeks.
*Undesirable charter dates – 14 weeks
*Actual Possible Charter Time: 14 weeks.
Charter fleet managers believe there is a a realistic goal. In specific, a luxury mega yacht charter vessel is no more than 8 weeks per year…
This entry was posted in Yacht Charter Frequently Asked Questions Educational and tagged Superyacht, Megayacht, yacht owners, How many weeks of charter should a superyacht do per year?, life of a superyacht, year of a superyacht, yard time
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A spectacular superyacht has a last-minute cancellation. We at 1-800 Yacht Charters are pleased to announce a special opportunity. This is your time to discover Antarctica this January on the world’s largest ice-breaking yacht. She is 77 meter (254 ft) motor yacht LEGEND.
We first introduced our readers to expedition yacht charter vessel LEGEND. We also discussed her upcoming schedule for Antarctica in a blog in October. Owner Jan Verkerk gave the green light to accept reservations in Antarctica through mid February, 2017. The ship is a commercial vessel from 1973. She was then purchased by Verkerk. He outfitted her in 2015-2016 as the ultimate luxury ice-breaker. This enabled charter clients the unique opportunity to explore one of the last great frontiers on the planet earth. This is from the comfort of a luxury yacht charter vessel.
The yacht is packed full of features. For instance, a helicopter and a 3-man submarine. Super yacht LEGEND allows her guests to explore the rare frozen world. She has an entirely new angle. Think of the early explorers who trekked across the frozen tundra in snowshoes and slept in tents!
Intimate gatherings and relaxation can be found in the cinema, the Balinese-themed spa, or bubbling away on deck in the heated Jacuzzi. There’s even a real fireplace in the saloon where you can cozy up and enjoy a good book.
Active guests can get their hearts pumping with a workout in the gym, exploring the ice packs on snow scooters, or hiking and coming face-to-face with the wildlife.
The weekly rate for up to 26 guests is $460,000 plus running expenses, for example, food, fuel, dockage, bar, etc. (In addition, commercial passenger ship local taxes only when applicable). The charter fee includes personal laundry, normal communication costs, hotel supplies and basic internet. In addition, the speed is 248/512 internet speed. Higher internet speed is possible, but not included in the charter fee.
Further details of seasonal rates:
After spending time in Antarctica, equally important, the yacht will head to South America and the Caribbean, then on to the Mediterranean for the summer. Here are her current, confirmed expedition yacht charter vacations, and her schedule.
This entry was posted in Yacht Charter News and tagged yacht charter Caribbean, Mediterranean yacht charter, Swimming pool, yacht charter South America, expedition yacht, Legend, wellness, yacht owners, ice breaker, Antarctica, Antarctica yacht charter, Cinema, Snow scooters, Balinese spa, Helipad, Commercial Passenger Ship
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Moscow, Russia
This entry was posted in Yacht Charter Destinations Educational and tagged Laws, yacht owners, yacht owner, Russia yacht charter, yacht charter rules, legalities, Who owns superyachts, Can I charter a yacht in Russia?
Posted onThere are many production 100-foot motoryachts in the Bahamas yacht charters market, but owners Dr. and Mrs. Emmons of luxury charter yacht SEAFARER didn’t want a cookie-cutter boat, particularly one costing $6 million. They wanted something that they could personalize to reflect their taste, their love of literature and the arts.
As a result, you will see throughout the boat bookcases built specifically for the Emmons, and nooks created especially to fit their fine collection of marine artwork.
Luxury charter yacht SEAFARER motor yacht is a 30-meter megayacht available for a Bahamas yacht charter vacation. Yacht SEAFARER has accommodations for eight (8) guests in four (4) cabins. This new mega yacht was built by superyacht builder Hargrave and was launched in 2008.
Bahama yacht charters are all about outdoor adventure in the sun, so a large inventory of waytertoys are important. This mega yacht charter vessel carries a 15′ widebody Nautica tender with 90hp Yamaha engine, two 2-person kayaks, snorkel gear, towable toys and tubes such as Boogie Boards, plus beach toys such as volley ball, Frisbees, and 4 bicycles.
Click to view luxury motor yacht SEAFARER’s online brochure.
You, your family, and friends can enjoy a week-long odyssey in the Bahamas onboard this yacht for only $42,500 for 8 guests. Running expenses (items such as food, fuel, and dockage) are extra. For more information, contact Jana Sheeder, CEO of 1-800-YACHTCHARTERS at jsheeder@1800yachtcharters.com
1-800-YACHTCHARTERS – Delivering The Superyacht Experience™ Since 1976
This entry was posted in Destinations Yacht of the Week and tagged megayacht charter, yacht charter Bahamas, Bahamas, motoryacht charter, Hargrave, Bahamas yacht charter, Jana Sheeder, 1800yachtcharters, president of 1-800 Yacht Charters, Seafarer, yacht owners
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A weak US dollar could keep summer tourists away. Superyacht owners of charterboats in the Mediterranean are offering deep discounts.
Yacht owners offer 10% to 25% discounts on weekly rentals in June. Hopes are that price beaks will lure charterers to the med. Specifically, the Côte d’Azur and Italy’s Amalfi Coast.
Check out these great June summer-savers:
Take advantage of these and other super summer rates in Europe, the Bahamas, and even New England, USA. Contact our destination experts HERE to book right now.
This entry was posted in Yacht Charter Special Offers and tagged Heesen, yacht charter specials, yacht owners, JEMS, Victoria Del Mar, travel discounts, discounted travel, discounted yachts, reduced prices, sail on sale
Posted onIf you owned the massive motor yacht SHERAKHAN, the answer is — BOTH!
Originally built in 1965, the current owner bought the commercial vessel in 2005 and undertook a massive refit – basically gutting the entire ship from bow to stern and rebuilt her into a yacht charter vessel with accommodations for 26 guests (most yachts are limited to 12 or fewer). The full rebuild featured all new plumbingelectrical systems, air conditioning, and generators.It also included a beautiful new paint job – a deep blue hull, with a white superstructure.
Fast forward to 2017, and the owner decided it was time for another refit. All new decks were installed, along with new soft fabrics throughout the guests areas and cabins, and a complete overhaul of all major equipment in the engine room.
As he did in 2005, the owner completely repainted the superyacht charter vessel – this time a clean, crisp white, with subtle grey accents.
The expedition style yacht is available in the Caribbean and will remain there through April. In the summer, the yacht will relocate to the Mediterranean (e.g. Monaco yacht charter or Grand Prix formula 1 races, etc.) for the summer.
So what do you think? Do you think she looks better in blue or in white?
To check availability or get more information about SHERAKHAN, visit https://www.1800yachtcharters.com/explore-our-yachts/sherakhan/book-now/
This entry was posted in News Yacht of the Week Educational and tagged Superyacht Trends, private luxury yacht charter, Frequently Asked Questions, motoryacht charter, Mediterranean yacht charter, Refit, Monaco yacht charter, Superyacht, Formula 1, caribbean yacht charter, yacht owners, Sherakhan, Grand Prix yacht charter, paint, which color is best?, blue or white?
Posted onCLIENT QUESTION
“Hey, 1-800 Yacht Charters. I saw ‘Serene’ while i (sic) was vacationing in France last summer. Beautiful yacht! Who owns her?”
Bill C. Atlanta, GA
Thanks for asking, Bill. There’s an old saying, “I could tell you, but then I’d have to kill you!” LOL
All kidding aside, one of the alluring benefits of luxury yacht charters is the element of privacy. We carefully guard the identity of our charter clients and their guests – both for reasons of safety and discretion.
The same discipline applies to the owners of the yachts we offer for charter, as most prefer to remain anonymous.
That being said, certain details were recently released to the public, so now we CAN share that information with you:
In an article on October 15th, 2016, the New York Times ran a story entitled, “Rise of Saudi Prince Shatters Decades of Royal Tradition.” The story disclosed last year, Mohammed bin Salman, Saudi Arabia’s deputy crown prince, “…saw a yacht he couldn’t resist.”
That yacht is the 440 foot motor yacht SERENE…
The article reads,
“While vacationing in the south of France, Prince bin Salman spotted a 440-foot yacht floating off the coast. He dispatched an aide to buy the ship, the Serene, which was owned by Yuri Shefler, a Russian vodka tycoon. The deal was done within hours, at a price of approximately 500 million euros (roughly $550 million today), according to an associate of Mr. Shefler and a Saudi close to the royal family. The Russian moved off the yacht the same day.”
Built in 2011, Fincantieri yacht SERENE is the largest yacht ever launched in Italy and features more than 4,000 square meters of interior space spread across seven decks, plus two helipads and a hangar. At the time of her launch, she was the 9th largest yacht in the world and the largest yacht available for charter.
Each year, the newest yachts get bigger and bigger. As of mid-2016, the yacht had “dropped” to #13 on the list world’s largest yachts.
So there you have it, Bill – now you know the names of BOTH the former and current owner of superyacht SERENE!
See the world’s newest yachts for charter, offered by 1-800 Yacht Charters.
This entry was posted in News Frequently Asked Questions Educational and tagged Frequently Asked Questions, Serene, Ask The Pro's, yacht owners, motoryacht, who owns, privacy, confidentiality
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Can sale of yacht affect vacation?
Did you know? Your fully-executed yacht charter agreement is not guaranteed. It’s not guaranteed that your yacht will be delivered to your desired port of embarkation on the start date of your vacation. Many charterers understand about mechanical problems or acts of nature, like hurricanes. These things can force the cancellation or the delay of a planned yachting holiday. Few realize the sale of the yacht can also result in a cancelled charter. Unfortunately, there is minimal recourse for the customer.
This is similar to many segments of the receding global economy. Sales of the largest yachts are in a major slump. Financial woes push increasing numbers of yacht owners to put their vessels up for sale. The result is a glut of yachts for sale with prices dropping each month.
“The fact that owners are actively marketing their yachts for sale, means charter clients must be keenly aware of whether or not their chosen yacht for their vacation is for sale,” states Jana Sheeder, President of 1-800 Yacht Charters and The SailAway Group. “Most charter contracts have an escape clause for owners if they sell their yachts before the charter. Of course funds are returned to the customer, but there is no guarantee a suitable replacement yacht can be provided for the same price and the same desired charter dates.”
To hedge the odds in favor of the charterer, Sheeder and her team try to promote newer-model yachts to their prospective clients. “Statically, owners will want to enjoy their new yachts for a year or two before considering their sale. We try to take advantage of this situation and promote newer yachts to our clients, to minimize the exposure to the potential sale of a yacht.”
Sheeder encourages charterers to ask their charter brokers about the sales status of any yacht that they consider renting. Ideally, they should seek a yacht that is not listed for sale. Says Sheeder, “If considering a yacht that is for sale, ask your broker for an analysis of how actively the owner is trying to sell, and see if there have been numerous or recent price reductions. Try to avoid any charter yacht that is actively for sale – or you could end up high and dry for your vacation.”
This entry was posted in Yacht Charter Frequently Asked Questions Educational and tagged largest yachts, Jana Sheeder, president of 1-800 Yacht Charters, yacht owners, yacht sales, The SailAway Group, guarantees in yacht charter industry, newest yachts for charter
Posted onSardinia Luxury Tax on Mediterranean Yacht Charter Vessels Abolished
LUXURY TAX ABOLISHED The recent Mediterranean Yacht Charter show in Genoa, Italy, learned that the 3 year old Sardinia Luxury Tax is no more. ABOUT THE TAX The repeal of the Sardinia Luxury Tax is especially good news to charter enthusiasts. Anyone considering a yachting vacation in the Mediterranean is fortunate. The law […] read morePosted by admin
Ferretti Yacht SEA STREAM brings Luxury Charter to Seychelles
The world of luxury yacht charter has finally arrived in the Seychelles. Motor yacht SEA STREAM, a 76 foot Ferretti with room for 8 guests, is now available for Caribbean yacht charter enthusiasts looking for a new destination. Ferretti yacht SEA STREAM is now available as the only high quality, luxury crewed motor yacht available […] read morePosted by admin
What to Pack for a Sailboat Vacation
PLAN AND PACK Yikes! What to pack? In just over three weeks, you leave on a week-long Bahama yacht charter vacation. You choose a sleek, performance, basic sailing yacht with crew. Your menu provided to your yacht through your charter broker, and your crew is ready to welcome you aboard. Seriously, what do you pack? […] read morePosted by admin
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