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A Reintroduction to the Superyacht Cost Calculator

In October 2018 Luxury Yacht Group launches the third major revision to our superyacht cost calculator. The newest version has been built using our experience as professional yacht accountants and financial advisors. Our yacht management team has over 100 combined years of experience working with real operating numbers for superyachts. Additionally, we took feedback from hundreds of owners, captains and yachting industry experts who have been among the 15,000 users of the previous versions of this tool to make some major changes.

Some of the big changes:

• Expanded chart of accounts. Six major categories divided into 20 sub categories and a further 70 detail categories, making for a very detailed report.
• Advanced option to manually enter specific details and override our defaults, making the report completely customizable.
• Ability to save multiple budget versions and share your report with colleagues and other interested parties.
• Reports can be generated in US dollars, euros or pounds sterling.
• Very quick basic mode with sliders to adjust budget categories within a range of practical numbers.
• Easy to read graphical design.

Our yacht budget algorithm has been built to give yacht owners a realistic and honest budget projection. We have not created a tool that presents unrealistically low numbers to support our brokerage team. We are in the business of operating yachts to a high standard and the numbers that this tool outputs are realistic to achieve that goal with prudent and sensible decision making.

When using the sliders, we make the following general recommendation for where to position them:

Low – 0 to 25%: Operating at these levels requires very careful planning and prudent decision making. To maintain budget levels in this zone requires compromises from the owner. Owner visits need to be planned well in advance and the captain must be an excellent trainer to bring up crew from lower pay grades to perform well. We generally only recommend a budget in this zone in very special circumstances.

Conservative – 25 to 40%: Yachts operating in this budget level are operated very efficiently. Ownership gives the crew a good amount of notice to plan trips that don't require significant travel between locations. Owner allows for some engineering deficiencies to carry through the cruising season so that they can be repaired efficiently during planned maintenance periods.

Sweet spot – 40 to 65%: Our yacht management team likes operating within this budget area. Owners are still good planners providing at least 21 days' notice before using the yacht, but there is budget available to make urgent repairs should something break during the cruising season. The yacht runs to a high standard and you are hiring great crew.

Generous – 65 to 85%: Standards and flexibility are high. You are operating a busy yacht with occasional last-minute visits. Crew are at the top of their game and delivering to a peak level. Due to heavy work load you may see the need to have extra crew available and possibly rotate some.

Perfection seeking – 85 to 100%: In this zone there are no excuses for the yacht to be anything but perfect at all times, and we would class the yacht as running with unlimited budget.

If you would like a budget expert to discuss your specific yacht and her operating costs, please email [email protected] .

Our price list for our accounting and all services is available on our website at: Price List

The Crew Hiring Process — A Captain’s Advice

Those familiar with the yachting industry understand that crew turnover is a constant. While the selection and hiring process is often seen as a necessary evil, a standardized hiring process can turn a distasteful task into something much simpler. The increased efficiency of a process can translate into identifying the best candidates faster and with less effort.

11 Nov 2015

British Virgin Islands Are Open For Yacht Cruising This Winter.

Category 5 hurricanes are very rare so when the North East Caribbean saw back to back direct hits from Irma and Maria in September of 2017 it was obvious that the upcoming cruising season was going to be drastically altered. 85% of yachts that had planned to cross the Atlantic remained in the Mediterranean and USA based yachts stayed well away. The question everyone is asking, “With the 2017/18 season a total loss can yachts once again sail the Virgin waters?”

17 Aug 2018

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The highest standard of service is rare and attainable for a privileged few. There is international demand for employees with traditional service training.

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Sailo's Boat Calculator

The Sailo Boat Calculator is a tool that allows you to explore, predict, and plan costs and revenues associated to boat ownership. The most important user inputs can be found on the left side of the Cost of Ownership tab. The calculator has built-in models that compute costs as a function of the information provided.

The calculator is organized in multiple tabs that show costs breakdown and allow for detailed customization. For example, the fuel cost tab computes fuel consumption based on the type and size of your boat, estimated HP, and average current gas prices. To make this calculation more accurate you can enter a more exact fuel consumption for your boat and more accurate local gas prices.

The last two tabs are probably the most interesting. The Charter Profit section estimates the income your boat can generate on a platform like Sailo based on charter rates and days rented. Of course we increase maintenance costs due to chartering based on the number of extra days on the water. The Rent vs Buy tab shows a comparison between renting and owning an identical boat to find which option is the most economical and by how much. Note: we assume identical fuel consumption and cost for both rental and personal use. Read more about it here .

• COST OF OWNERSHIP Click tabs below to see costs breakdown  
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• RENT vs. BUY Cost of renting a similar boat  

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Income from Chartering

Cost of renting a similar boat.

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The Real Costs of Owning a Superyacht [Complete Guide]

November 25, 2019 1:00 pm

Owning a  superyacht  is a status symbol available only to the world’s wealthiest individuals and corporations. Although there is no strict definition, the Red Ensign Group Yacht Code is applicable to “motor or sailing vessels of 24 meters in load line length and over…and which, at the time, is in commercial use for sport or pleasure and carries no cargo and no more than 12 passengers 1 .” There are currently just over 10,000 superyachts in the world with around 200-250 new builds delivered each year. The vast majority are  motor yachts , with sailing yachts counting for less than 20% of the total. The world’s largest private vessel, Khalifa bin Zayed Al Nahyan’s 180m (590-foot) AZZAM,  cost $600 million to build when it was delivered in 2013. Eight of the ten most expensive luxury acquisitions of all time were superyachts.

Purchase Cost

Buying a new or used superyacht will most likely cost the buyer several million dollars. Pricing varies widely based on the yacht size, age, and other factors such as builder, guest capacity, speed, range, and more. The market is worldwide and extensive. Any potential buyer would be well-advised to engage a professional, certified broker to guide them in the selection of their dream yacht and through the myriad of complications in making the purchase.

• • Financing the Purchase
• • Immediate Post Purchase Costs

Operating Costs

In years past, owners and their brokers would work on 10% of the purchase price as an estimate of annual operating costs, but the vast range of yacht size, operating location, and usage profile makes this approach less useful without giving the question more thought. Building a budget for a yacht requires consideration of the following elements:

Crew – Salary, payroll taxes, recruitment fees, uniform, health insurance, food, and travel for vacation and repatriation are all crew-related costs. A good guide for salary costs is published by Dockwalk magazine every year based on an extensive survey of the crew and placement agents. Using their most recent article as a guide, a crew of eight full-time crew on a 150-foot yacht will cost over $650,000 per year in salary alone. Get a complete crew cost breakdown.

Dockage – Unless the owner plans to spend the year at anchor, then keeping the yacht in a marina incurs a significant cost. Dockage is normally sold per foot of the yacht’s full length and per night, although contract rates for longer periods may be available. High-quality marinas in peak seasons are currently running in the $6-8 per foot per night range. Electricity, fresh water, and waste removal are all additional costs to be considered.

Fuel – The captain or engineer should be able to provide the fuel consumption per hour at any given speed, so if a yacht owner knows roughly how much he wants the boat to travel, then he can estimate the total fuel consumption and budget the fuel cost. There is also the fuel cost for generators, particularly at anchor. A typical 150-foot motor yacht cruising at 12 knots will consume in the region of 150 U.S. gallons per hour. At today’s fuel prices, that’s going to be close to $500 per hour. 500 hours per year will give us the main engine fuel budget of around $250,000. To this, we must also add the generators’ fuel consumption at anchor plus any additional cost for tenders.

Communications – Everyone onboard, crew and guests, want to remain connected to their social media, streaming services, and email. The technology available in this area moves fast and with 5G coming online, near-shore costs will likely come down. For those who want broadband speed while offshore, costs are high and depend on the upload/download speeds required. Start with an estimate of $4-5,000 per month and work from there. Additional communications costs include satellite TV subscriptions, crew cell phone costs, mail, freight, and more. Get a complete communication cost breakdown.

Maintenance, Consumables, and Other Operating Costs – Having considered crew payroll, marina costs, fuel, and internet, the budget will start to materialize. One must take all other costs into account, such as hull insurance, liability insurance, maintenance and consumables, warehousing, safety and survey costs, upkeep of the navigation outfit, computing support, car rental, and more.   

Looking for more details?

Receive the complete Cost of Yacht Ownership Guide including:

• • Offsetting Expenses With Charter
• • Superyacht Financing
• • Budget Development + More

This should not be considered a financial guide. For a more accurate estimate, contact Clive McCartney .

1 Red Ensign Group Yacht Code Section A 1.2(1) 

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Can I Afford a Super Yacht?

They’re the preferred luxury vacation transport of millionaires and billionaires from Bono to Stephen Spielberg to Jay Z, conjuring images of the mega-rich cavorting off some dazzling foreign coastline.

“Super yachting” is officially one of the world’s most extravagant hobbies. And there’s a very good reason for that: It costs a massive amount of money. Luxury yachts are among the most expensive asset purchases. And it’s not just that the initial capital , which can run tens to hundreds of millions of dollars, is high. Yachts also come with tremendous annual running costs that often soar over $1 million.

There is no legal definition of “super yacht.” The term generally applies to yachts that are 75 feet or more in length, have a full-time professional crew, and are enjoyed for pleasure or commercial operation. Of course, no two super yachts are the same, and no two super yacht owners have the same taste or yacht aspirations. So outlay and running costs can vary significantly.

Key Takeaways

• A super yacht describes a personal boat that is both larger and more extravagant than typical private yachts.
• These are a luxury item that belongs to those ultra-high-net-worth individuals who can afford them.
• Up-front purchase prices can be in the several millions of dollars, and then ongoing operating and maintenance costs could run another million dollars or more each year.

Post-purchase, an owner should expect to pay around 20% or more of a yacht’s initial purchase price annually to keep it running. So in theory, a $10 million yacht would set you back $2 million a year in operational costs. Fuel (lots of it), vessel insurance, dockage fees, maintenance and repairs, and crew salaries are typically the heftiest running costs.

Dockage fees can run about $350,000 and administration about $70,000. Maintenance and repairs can be in the millions, as can crew salaries. The upkeep of the 590-foot super yacht Azzam, owned by President Sheikh Khalifa bin Zayed Al Nahyan of the United Arab Emirates, is estimated at $60 million per year, although it does come with two helipads and a missile defense system.

Luxury Yacht Group provides salary guidelines for a standard boat crew. It prices the captain of a 100-to-170-foot vessel with more than five years of experience at anywhere up to $192,000 annually. And you’ve still got to factor in chefs, stewards, deckhands, engineers, and more. Just so new yacht owners don’t get hit with any rude cost surprises, Luxury Yacht Group has developed a handy crew costs calculator and another one for operating costs .

Prices vary from port to port around the world, but parking your boat at the most exclusive marinas in high season can set you back well over $4,000 per night. Berthing spots during prime-time events such as the Monaco Grand Prix can cost up to $85,000 or more for a five-day stay. Superyachts.com provides a global marina map with which to search the world’s marinas and their seasonal mooring fees.

Keep in mind the obligatory “ toys .” No floating playground is complete without resident fun machines like Jet Skis and submersibles, not to mention crucial, state-of-the-art leisure  amenities like an infinity pool cinema or floating beach club. Eclipse, owned by Russian businessman Roman Abramovich, features two helicopter pads, a three-man “leisure” submarine, and two swimming pools—one of which converts into a dance floor.

Several banks and marine lenders will finance the purchase of a super yacht , either via a leasing transaction or via a marine mortgage . And offering your super yacht for charter can fetch attractive returns. However, if you have to cost-rationalize the purchase, perhaps buying one of these vessels isn’t the best way to go. Instead, you could always charter one for the same floating luxury feeling without all of the ownership responsibilities. There are also fractional ownership schemes that share financial responsibility (and super yacht enjoyment) among a party of investors without the full capital outlay.

If you happen to be one of the world’s ultra-high-net-worth individuals (UHNWIs) , a lavish floating playground could be right for you. However, if you’re not in the billionaire ’s club, don’t despair. You can still charter, share in a fractional arrangement... or simply opt for a more affordable yacht—less “super,” that is. Still, there will always be a place for the opulent, and incredibly expensive, among the world's elite.

Luxury Yacht Group. " Superyacht Cost Calculator ."

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Industry Tap. " World’s Largest Superyacht Comes with a Bullet Proof Master Suite & Missile Defense System ."

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The Costs of Owning a Superyacht

One of the most common question I get asked about my time working aboard superyacht is “What are the costs associated with owning a superyacht?”  Since no two superyachts are the same and since no two superyacht owners request the same from their yacht and crew, the answer is often hard to give out.

If the superyacht is moved every day from one destination to the next, your annual fuel bill might brake the million dollar mark, but if you plan on keeping it docked in front of your villa to be taken out on weekends only, then fuel costs might not be an issue.

Since the question seems to be asked a lot by those who are simply curious or those who are seriously thinking about splurging on a shinny new white boat, the people at Luxury Yacht Group, an agency that provides  creative solutions for yacht management, crew placement, sales and charter, have put together the  Luxury Yacht Operating Cost Calculator . 

Using this great tool, I decided to calculate the average costs of a 150′ superyacht with 9 crew members and a 12 week charter season. Here are the results:

Obviously, the costs of owning a superyacht vary widely on the choices you make, but one think is sure, you can significantly offset the costs by chartering it out for a minimum of 12 weeks a year. One way to stand out from the fleet of superyacht available for charter is to brand your superyacht – build a website, publish a great blog and be social. Need an example, check our MY Starfire ‘s digital success.

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How much does a yacht cost | ultimate breakdown guide.

 October 14, 2019

Complete guide to “How much does a yacht cost?” including superyachts and megayachts. Includes the cost of owning and operating a yacht. Yachts and superyachts are symbols of success. They appeal to wealthy individuals but are also extremely useful business assets. In this article, we’ll explore how much does a yacht cost. Also, we’ll answer how much does a superyacht cost and how much does a mega yacht cost. Then we’ll identify additional yacht costs such as fees and taxes. Next, we’ll give example breakdowns of the price of yacht and the price of a superyacht. Finally, we’ll explain how Assets America ® can help fund your transaction, and then answer frequently asked questions regarding the cost of yacht. Note that we’ll devote a separate article to yacht operation and maintenance costs. This article focuses on how much does it cost to buy a yacht.

How Much Does a Yacht Cost?

To know the context for how much does a yacht cost, we define some important terms.

Yacht Terms

• Yacht: A sailing or powered watercraft between 39 and 78 feet in length, accommodating up to 6 guests.
• Superyacht: A luxury yacht ranging in size from 78 to 200 feet in length, accommodating 6 to 12 guests.
• Megayacht: A luxury yacht greater than 200 feet long holding more than a dozen guests.
• Cabin Cruiser : A luxury powered boat between 23 and 38 feet in length.
• Day Sailing Yacht: Small yachts, often with a retractable keel, daggerboard , or centerboard and no cabin.
• Weekender Yacht: Medium-sized yachts, typically up to 31-feet long. Usually, they have lifting keels or twin keels allowing shallow-water operation for two-to-three-day journeys. Normally, weekender yachts have a simple cabin sleeping two to four passengers along with a small galley.
• Cruising Yacht: The most common private yacht, with good handling, onboard comfort, sufficient interior space, and capable performance. Typically, they have a teardrop-planform hull with a deep single-fin keel.
• Luxury Sailing Yacht: Larger yachts powered by wind and engines, with many luxury features.       Typically, yacht makers construct these boats with fiberglass hulls and plenty of automation, lighting, navigation aids, hot water, and more.
• Racing Yachts: Yachts optimized for fast sailing, with heavy and deep bulb keels, tall masts, and large sails.

Average Cost of Yacht

New yachts over 100-feet long have an average price of a yacht equal to $1 million per 3.3 feet in length. In other words, a 100-foot yacht will, on average, cost more than $30 million. Older yachts below 85 feet are less expensive. For example, an 84-foot yacht originally built in 2002 and renovated in 2015 sold for $1.45 million.

The average price of a yacht that is preowned, entry-level, and in the 30 to 35 foot range, is about $100,000.

How Assets America ® Can Help

Whether you need to borrow $20 million or $1 billion to acquire your yacht, Assets America ® can most assuredly help.  We can arrange short-term or long-term financing for the purchase or refit of yachts, superyachts and megayachts. We can provide financing much more rapidly than most typical funding sources do, and we can arrange financing even if your bank declines.  Call us today at 206-622-3000 for a confidential consultation, or simply fill out the below form and expect and prompt response!

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How much does a superyacht cost.

Superyacht prices are high but variable. For example, the world’s most expensive superyacht (the History Supreme) has a price of $4.5 billion. And at only 100 feet, it is too small to qualify as a megayacht, even though it certainly has a mega-price! On the other hand, a world-famous golfer purchased a 155-foot superyacht for $20 million, a sweet deal. The average price of a superyacht is $275 million.

How Much Does a Megayacht Cost?

The most expensive megayacht, measuring in at 536 feet, cost $1.5 billion. A 1990, 344-foot megayacht can be yours for $210 million. So, the prices of megayachts can vary greatly. In other words, there is no clear answer to how much does a mega yacht cost.

Video:  Million Pound Mega Yachts for Sale – Documentary 2019

Additional Costs of a Yacht

A few states don’t have sales tax: Delaware, Montana, New Hampshire, Oregon — and to some extent Alaska. If you buy a yacht in any other state, you’ll owe state sales tax. On a $1 billion yacht purchase, a state like Texas with 6.25% sales tax will collect $62.5 million. You can buy a yacht in a state without sales tax and use it in another state. However, you will eventually have to pay a use tax. Florida caps yacht sales tax at $18,000, but California has no cap.

Municipalities that charge local sales tax could add a percentage point or two to your tax bill.

Most states also assess property taxes on yachts. Marinas may assess a tax on boat slips. Some states will refund fuel taxes on yachts since they don’t use roads.

Yachts with bathroom, eating, and sleeping facilities qualify as second homes. You can deduct the interest on the yacht’s mortgage, but national tax law caps the deduction at $750,000.

A yacht purchased for business purposes is a capital asset that you can depreciate. This would apply to a charter, rental, or fishing yacht that you use to generate income. If you buy a used business yacht for $1 million or less, it might qualify as Section 179 property. If so, you can deduct the full price in the year of purchase.

There are some minor fees you may have to pay when you acquire a boat. For example, you may have to register your yacht with the International Registry, which has fees of $550 to $1,500. Also, you may pay an annual tonnage tax, a ship radio station license fee, and certificate of insurance. Other fees include those for :

• An annual Maritime Security and Compliance fee
• Private Yacht Limited Charter Compliance Certificate
• Minimum Safe Manning Certificate
• Continuous Synopsis Record (CSR) Document
• Annual Yacht Service
• Intended Registration and Vessel Under Construction Registration

Cost Breakdown

When you want to know how much does a yacht cost, you need to know the cost factors. A yacht’s price directly ties to its construction costs, which include:

• Design: The design requires expertise in marine and mechanical engineering. For example, the designers must undertake many stability and hydrodynamic studies. Also, the design must be esthetically pleasing.
• Construction: It can take many months to construct a large yacht. You must factor in materials, equipment, and labor. Luxury-yacht buyers may want expensive and/or rare materials. One yacht, the infamous History Supreme, contains dinosaur fossils and meteorite stone! But less outlandish materials, such as fine woods and precious metals, still contribute to high construction costs.
• Engine: The number and power of yacht engines can greatly impact cost. Naturally, all things being equal, a sailing yacht should cost less than a comparable motor yacht. It requires huge power to propel a large megayacht, and an elaborate engine room to operate those engines.
• Interiors: Large yachts have many rooms, including galleys, heads, bedrooms, meeting rooms and more. In addition, electronics are important cost items.

FAQs — How Much Does a Yacht Cost?

How much does a 50-foot yacht cost.

A 50-foot yacht is a good candidate for weekend duty. A 2014 convertible sportfish costs just under $2 million. An example price of yacht (51-foot 2013 Azium Magellano 50) is $670,760. A 52-foot 2017 Carver C52 Command Bridge sells for $1,149,000.

What is the cost to build a yacht?

Mid-level yachts cost about $25 to $35 per pound to build. Higher-level-yachts have average construction costs pf $45 to $65 per pound. The top vessels built with exotic materials and hi-tech systems can cost $80/pound to build.

How much does a 60-foot yacht cost?

A 60-foot yacht is about the largest size that an owner operates. A new Hatteras M60 can easily cost around $3 million. However, you can get a 2007 60-foot Sunreef 62 for $735,000.

How much does a 100-foot yacht cost?

Superyachts in this range contain many amenities. You can buy a new 100-foot AB 100 for just over $8.8 million. But let’s face it, you can spend hundreds of millions on big yachts. Your only limits are your imagination and most importantly, of course, your wallet!

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Ronny was a pleasure to work with and is extremely knowledgeable. His hard work was never ending until the job was done. They handled a complex lease and guided us through entire process, including the paperwork. Not to mention a below market lease rate and more than all the features we needed in a site. We later used Assets America for a unique equipment financing deal where once again Ronny and team exceeded our expectations and our timeline. Thank you to Assets America for your highly professional service!

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Assets America guided us every step of the way in finding and leasing our large industrial building with attached offices. They handled all of the complex lease negotiations and contractual paperwork. Ultimately, we received exactly the space we needed along with a lower than market per square foot pricing, lease length and end of term options we requested. In addition to the real estate lease, Assets America utilized their decades-long financial expertise to negotiate fantastic rates and terms on our large and very unique multimillion dollar equipment purchase/lease. We were thankful for how promptly and consistently they kept us informed and up to date on each step of our journey. They were always available to answer each and every one of our questions. Overall, they provided my team with a fantastic and highly professional service!

Assets America was responsible for arranging financing for two of my multi million dollar commercial projects. At the time of financing, it was extremely difficult to obtain bank financing for commercial real estate. Not only was Assets America successful, they were able to obtain an interest rate lower than going rates. The company is very capable, I would recommend Assets America to any company requiring commercial financing.

Assets America was incredibly helpful and professional in assisting us in purchasing our property. It was great to have such knowledgeable and super-experienced, licensed pros in our corner, pros upon which we could fully rely. They helped and successfully guided us to beat out 9 other competing offers! They were excellent at communicating with us at all times and they were extremely responsive. Having them on our team meant that we could always receive truthful, timely and accurate answers to our questions. We would most definitely utilize their services again and again for all of our real estate needs.

Assets America is a great company to work with. No hassles. Recommend them to everyone. Professional, fast response time and definitely gets the job done.

Ronny at Assets America has been invaluable to us and definitely is tops in his field. Great experience. Would refer them to all our business associates.

We were very pleased with Assets America’s expertise and prompt response to our inquiry. They were very straight forward with us and helped a great deal. We referred them to all our business associates.

I’ve worked with this company for decades. They are reputable, knowledgeable, and ethical with proven results. I highly recommend them to anyone needing commercial financing.

Ronny was incredibly adept and responsive – top-notch professional who arranged impressive term sheets.

Assets America helped us survive a very difficult time and we most definitely give them 5 stars!

Ronny was very friendly and though we were unable to make something happen at the moment he gave me some direction to go.

My business partner and I were looking to purchase a retail shopping center in southern California.  We sought out the services of Ronny, CFO of Assets America.  Ronny found us several commercial properties which met our desired needs.  We chose the property we liked best, and Ronny went to work. He negotiated very aggressively on our behalf. We came to terms with the Seller, entered into a purchase agreement and opened escrow.  Additionally, we needed 80 percent financing on our multimillion-dollar purchase.  Assets America also handled the commercial loan for us.  They were our One-Stop-Shop. They obtained fantastic, low, fixed rate insurance money for us.  So, Assets America handled both the sale and the loan for us and successfully closed our escrow within the time frame stated in the purchase agreement.  Ronny did and performed exactly as he said he would. Ronny and his company are true professionals.  In this day and age, it’s especially rare and wonderful to work with a person who actually does what he says he will do.  We recommend them to anyone needing any type of commercial real estate transaction and we further highly recommend them for any type of commercial financing.  They were diligent and forthright on both accounts and brought our deal to a successful closing.

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Do you operate a yacht? Our app is perfect for you

Yacht fuel cost calculator - how to estimate the costs.

Yacht captains have many responsibilities when it comes to the management of their vessel. One of them is keeping track of expenses, which is why it is important to familiarize yourself with the vessel’s operational costs. Keeping a luxury superyacht afloat isn’t cheap, and many claim that the average annual cost ranks up to 10% of the vessel’s price.

From these expenses, a significant portion goes to fuel. Filling up the tank of your boat is quite pricey, which is why a growing number of boat owners want to know exactly how much they are looking to spend for their upcoming voyage. This is also important for people who want to charter a boat for their holiday.

If you’re wondering how to best estimate the costs involved, you’re in the right place. This article will help you calculate your vessel’s yacht fuel cost while giving an overview of all the criteria used as variables. To make the process even easier, we link to a yacht fuel cost calculator to help you get an indication of the expenses you’ll need to cover. Let’s delve in!

Yacht fuel cost calculator

How to estimate yacht fuel costs, how much fuel does a yacht use.

• Price of boat fuel per gallon?

Yacht fuel formula

The easiest way to calculate your fuel costs is by using a yacht fuel cost calculator. There is a great calculator available here in case you want to save time and get an approximate estimation.

As you can see, the yacht fuel cost calculator has many variables which you need to be aware of before you set out to calculate the approximate price. This is what we will be dealing with in the next few chapters.

To help you get a better understanding of the calculation process we will do things manually while giving you the exact formulas used to calculate your vessel’s fuel needs. Therefore, make sure you keep on reading.

There are several things you need to keep in mind when you first set out to estimate the total fuel cost for your next voyage. These are summarised in the following points:

• Distance of journey - The total amount of nautical miles (or km)
• Cruising speed - The (average) speed of your vessel (in knots or km/hr)
• Fuel consumption - Understanding how many gallons (or liters) of fuel are consumed per hour
• Yacht fuel price - Understanding the average market price per gallon of fuel

The first two points depend solely on your needs and personal preference, which means that they are more flexible on a subjective basis. The latter two points may require a bit of research, especially if you’re not familiar with the engine of the vessel.

In the following sections, we will delve deeper into each of the points mentioned above, and offer the required formulas to help you calculate yacht fuel cost.

Calculating distance and speed

To understand the exact distance you are looking to cover in your next voyage, you can simply use Google Maps to plan your route. The following video explains the process in detail.

As soon as your route is planned out, you can measure the distance as well, selecting the preferred method of calculation. In our case, it is best to measure in nautical miles (1nm=1,85km), as this metric is more commonly used among sea men. The yacht fuel cost calculator above has an embedded map that helps you pinpoint the journey you want to make.

Next comes the cruising speed. The number is mostly calculated in knots (nautical miles/hr). The speed with which the vessel will cruise depends on the captain onboard, but is often influenced by the owner and guests onboard. You can make a rough estimation of this number based on previous trips.

Next, we need to calculate the amount of fuel that you will likely need. To do this we need to understand the engine type, its horsepower, and several other factors.

Let’s take a marine diesel engine for example. These engines are very common on motor yachts and consume approximately 0.4 pounds of fuel per hour for each unit of horsepower. You can find fuel consumption info for your specific engine by looking it up on the web or by calling the service number.

Once you know the fuel burn rate, it’s best to add a relative error margin of 10% based on minor factors. These include weather conditions, vessel size, and drag, all of which can increase the fuel burn.

How much fuel does a yacht use per hour?

Now that you know all the variables you can go ahead and calculate the amount of fuel that your yacht will need.

• Start by calculating the fuel burn per hour based on the horsepower of the engine.
• Add a multiplier based on the cruising speed of your vessel.

A vessel with a diesel engine of 300 horsepower will most likely burn 16-17 gallons per hour, which you can then use as a guideline when calculating the travel time based on the nautical miles you are looking to cover.

Superyachts are consuming much more fuel. An average 70-meter luxury yacht will burn around 130 gallons per hour with the engines running, while the amount increases significantly when the ship is moving. On average, you are looking at ±€2000 per hour (±1000 gallons) to achieve a speed of 20 knots. Of course, the higher the cruising speed, the more fuel you will be burning per hour, which in turn makes each hour at sea more expensive.

How much does boat fuel cost per gallon?

The exact price you are looking to pay per gallon depends on the marina you find yourself in. By looking at several price points of marinas, we get the following:

• Average diesel prices range from $3.2-$3.9 per gallon
• Average petrol prices range from $7.2-$7.8 per gallon

Note that discounts usually apply whenever you choose to purchase large quantities of fuel.

Why is boat fuel so expensive?

Marine fuel pricing is heavily inflated due to low supply and high demand. In short, the limited number of fuel stations at marinas have to service all the yachts that dock, which leads to a no-choice monopoly.

That said, yacht owners are usually not that concerned about the small price spike that marinas charge as an extra. If anything, they are happy to pay due to the convenience of the service.

How much fuel does a yacht hold?

Once again, the answer to this question depends on the size of the vessel. Smaller yachts can hold around 1300 gallons of fuel, while the bigger vessels can store up to 100,000 gallons. The ship’s engineers should be able to provide this number for the vessel you command.

Now that we have a better understanding of all the variables that determine the cost of fuel, we can go ahead and take you through the calculation process step by step.

First, know the total duration of your cruise. To obtain this information, divide the number of nautical miles by the cruising speed of your vessel (knots). For example, if you want to make a journey that totals 150 nautical miles while traveling at 20 knots, the yacht fuel formula looks as follows:

Total duration = 150 nm / 20kn

Total duration = 7,5 hrs

Note that the amount of fuel consumption may end up higher than expected if:

• Sea and weather conditions are not favourable
• You plan to make short stops along the way while the engine keeps running

Next, what you want to do multiply the number of hours by the number of gallons that your engine burns on an hourly basis while moving at the speed you previously indicated. If we take, as an example, the superyacht mentioned in the previous examples, we would make the calculation as follows:

7,5 hrs x 1000 gph = 7500 gallons

Now assume that you will also make two stops along the way, an hour and a half each, in order to let the guests enjoy their time; maybe ride a jet ski.

You then multiply the added number of hours with the consumption rate of a running engine. In this case:

3 hrs x 130 gph = 390 gallons

All that is left to do now is add up the total amount of fuel needed and multiply the number with the price per gallon.

(7500+390) x $3,5 = $27615

In this example, the final cost of your will set you back a little bit more than 27 thousand dollars. Just to be safe, calculate the additional 10% (margin of error) to be prepared against unexpected mistakes. This added amount is not necessarily an ad-on when you consider chartering. Private yacht owners, however, should add the amount to their final cost.

And that's it! You should now have a better idea on the steps you need to follow to calculate the fuel costs for your yacht. While there is quite a bit of information you should keep in mind, it is best to plan out everything with detail to avoid unforeseen costs. If you enjoyed this article, check out our blog post on yacht electrical systems as well.

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How much does it cost to own a yacht?

By Rob Bowman | Posted On Oct 28, 2019 Updated On Dec 12, 2023

Since we opened our doors in 2002, United Yacht Sales has worked with thousands of boaters who hold aspirations of owning a yacht. A yacht can mean different things to different people, especially when discussing the difference between intended use such as fishing, day boating, entertaining, and long-distance cruising. Just as there are many applications for how you plan to use your boat, there are also many boat builders working to design the perfect yacht to meet a specific niche in the marketplace. With nearly 1,000 transactions completed each year, United brokers commonly hear the same questions asked as new boaters begin their research into finding the perfect vessel. The yacht's purchase cost isn't the only expense though and other factors need to be considered.

What does it cost to own a yacht? "The cost of ownership for a 60-foot, $1 million yacht is going to be about 10% of its value, or $100,000 per year if it's over ten years old," said Peter Schmidt , Founder of United Yacht Sales. "You can pretty well estimate that for a later model boat of this size, in the Florida market, your general costs are going to be in that range. This would include things like routine maintenance, repairs, dockage, additional supplies, and the cost of either a professional captain or a yacht manager. If it's a newer boat, the annual costs will be less, however preventative maintenance is still very important."

If you're new to boating and this is your first yacht purchase, it makes sense to discuss these questions with your yacht broker:

• Where do you plan to keep your yacht?
• Are you going to run the boat yourself or will you need a captain?

How much does it cost to maintain a yacht?

• How much does it cost to fuel your yacht?
• Is buying a yacht a good investment?

The answers to these questions vary with many factors influencing the cost of each. Simply the location of where you plan to keep and use your yacht can raise or lower your monthly spend to keep your boat maintained in the best possible condition.

( Seen below: The below 2009 Viking 50 is an example of a sportfishing boat recently sold for approximately $1 million. Boat prices have continued to increase since 2020 and are just now beginning to stabilize. )

How much does it cost to store a yacht at a marina?

One of the first and most important questions to answer before you buy a yacht revolves around storage. If you own a water-front home with a dock big enough to safely store your yacht, the savings are substantial. However, if you plan on keeping your vessel at a marina, those costs need to be included in your annual budget. United Yacht broker Christopher Cooke  owns his own yacht management company and often helps his clients find a space at a marina. "The cost of keeping your yacht at a marina really varies by location," said Chris. "You are charged per foot, but that cost can change not only depending on what county you're in, but also how many amenities are at the marina."

"In Florida, the marinas in Martin County for example, can be half the cost of Miami-Dade," continued Christopher. "It really all depends on your boating plans, where you live, and how far you're willing to travel to be at your boat."

Sailfish Marina of Stuart is a popular yacht storage facility in Martin county that is the closest marina to the St. Lucie Inlet also with accommodations for a 60-foot and over boat. There is a fuel dock at the marina as well as a tackle shop.  If you purchase a slip for a full year on an annual contract, the cost is $20-$22 per foot of your "Length Overall" . This is important, because while some boats might be called a "60", they may very well be 62 feet in length and cost more. Additionally, if you want electricity, water, and waste removal, it can cost you an extra $175 per month for one 50amp line.

Just 40 miles to the south, in the heart of Palm Beach County, sits Palm Harbor Marina. With over 200 slips, some of which can accommodate a 250-foot superyacht and state-of-the-art Marinetek concrete floating docks, the cost is much higher. Using the same example of a 60-foot cruising yacht, the cost of storage is approximately $5,760 per month, along with a $500 per month utilities fee. "With a place like Palm Harbor Marina, boaters are paying for the amenities and the location," continued Chris. Palm Harbor Marina features a yacht club with a hospitality bar and media center, a complete fitness center, game room, deli, concierge, as well as being right next to the best restaurants and nightlife in Palm Beach.

(Seen below: A yacht is welcomed by the professional staff that includes golf cart service. Photo credit: Palm Harbor Marina website.)

"For a yacht that's 60-feet, later model year, and with average usage, you can expect to pay $60,000 per year in preventative maintenance costs ," said Cooke. "And by average use I mean 150-200 hours per year. But that's assuming nothing goes wrong and has to be replaced. Typically you're looking at $4 per foot to have someone dive it, another $4 per foot to have it washed regularly, and then another $1,000 or so to go through and do a full systems check. These costs can definitely vary though depending on the boat and location. Because of inflation with the price of materials and labor, these costs have really gone up over the last 2 years." 

The best advice Christopher has for boat owners of this size is to hire a yacht management company. Yacht Management companies often oversee anywhere from 10 to 50 boats at any one time, Christopher currently has 30. The yacht manager will ensure the boat is clean, all systems checked like transmission and generators, the running gear checked, oil changes are done, and that nothing is starting to fail. Preventative maintenance can save thousands of dollars in the long run of yacht ownership and will end up paying for itself. Many yacht owners have work or other hobbies that take their time away from being able to devote to the proper maintaining of their vessel. The result can be negligence in the upkeep of the boat, causing systems to fail, and end in more costly repair bills. If you're going to spend the money on a nice yacht, a yacht management company is a smart choice.

How much does it cost to insure a yacht?

Joshua Giordano of Global Marine Insurance Agency is no stranger to insuring boats from New York to Florida. In fact, In fact, with over 20 years in the marine industry Joshua offers a unique understanding of marine insurance as it pertains to personal watercraft, boats, and yachts. This knowledge and experience allows him to find the best boat & yacht insurance at the best price.

"We get asked all of the time how much it costs to insure a yacht and the answer is it really depends on where you live and keep the yacht," says Joshua. "For a 60-foot yacht in the Northeast, you're looking at between $6,000 and $8,000 per year for insurance. Come down to Florida and that same boat is going to be $10,000 to $12,000 to insure assuming it's for private use only. If you plan to put your vessel into a yacht charter program in Florida, then costs go up $14,000 per year."

(Seen below: A 62' Azimut Yacht in Florida, if kept at a marina, will likely cost about $10,000 per year in insurance.)

How much does it cost to fill a yacht with fuel?

Trying to budget your annual expense for fuel can be difficult. Not only do some yachts have larger fuel capacities, but their fuel burn and range can also vary. This also then dependent upon how much you use your boat and how hard you will be running the engines. Cruising at lower rpm's at around an 8-10 knot speed can mean better fuel efficiency with longer running times between trips to get more fuel.

Assuming your 60-foot yacht has a fuel capacity 1,200 gallons and with an average fuel price of $5.50, and it will cost $6,600 to fill up. For new boaters, it's really difficult to gauge how much fuel you might use in a year and only personal experience and time on the water can help narrow down that annual cost.

Fuel costs per location also can change depending on where you are boating. The Waterway Guide offers up-to-date pricing on fuel at major marinas through the United States. For example, diesel fuel in Jacksonville, Florida is currently ranging from $5.40 to $5.90 depending on which marina you stop at. In comparison, stopping for diesel in the Florida Keys will start at $4.90 and could be as high as $5.30 per gallon.

Can you finance a yacht?

Finacing a yacht is very common," says Shana White with OceanPoint Marine Lending. "There are many attractive programs out there that can be tailored to fit the bueyer's needs. The boat loan approval process usually takes between 24 and 48 hours to receive an answer." Things like your income-to-debt ratio, credit score, credit history, and asset verification all go into whether or not a bank will loan you the money for a yacht. A favorable rate for a yacht loan could be 4% in the current market with other possible discounts available. Check out our Boat Loan FAQ's page for more information.

Is owning a yacht a good investment?

Why Are Yachts So Expensive?

Can I Sell My Yacht Without A Broker?

What To Know When Buying A Boat

What is the best sport fishing boat?

How Much Should I Pay For A Yacht?

Owning a yacht is an investment in yourself, not a financial one. Boats depreciate in value, they cost money to maintain, and you will almost never sell it for more than what you paid for it. The memories you create with your friends and family on a yacht, however, are worth more than words can describe.  Peter Schmidt talks about why to own a yacht after more than 40 years in the business, "Owning a yacht is a good thing, one of the joys of life. Don't let anyone tell you otherwise. A yacht allows you to make memories you never dreamed possible!" Peter is also a current boat owner and has owned several throughout his life. His kids now own their boats and are teaching Peter's grandchildren the joys of being on the water. "I love boating and my kids love boating. It gets in your blood and gets passed down through the generations. There simply is no greater pastime than owning a boat. Yes, there are some inconveniences along the way with repairs, but the good far outweighs any temporary inconveniences." 

Peter suggests "speaking to a knowledgeable, professional, and experienced yacht broker near you about the costs of yacht ownership. If you don't have a relationship currently with a United Yacht broker, please give our main office a call at (772) 463-3131 and we will connect you with the best broker to service you based on your location and boating needs.

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How Much Does It Cost to Go on a Superyacht?

Posted June 27, 2022 in Charter by Janine St.Denis

Yacht charters have become popular in recent years because they offer all the same amenities of renting a gorgeous luxury villa without the crowds and impersonal vibe of cruise travel. You have ownership of the yacht for the duration of your trip, which adds a layer of freedom that appeals to adventure seekers around the world. A yacht charter is the ultimate luxury experience. 

Depending on the size, amenities, and condition of the yacht, superyachts can cost anywhere from $4,000 /week to over $2 million /week plus expenses.

In this article, we’ll detail the differences between a yacht and a superyacht and explore how much it is to go on a superyacht . 

What’s the Difference Between Yachts and Superyachts?

Yachts come in several classifications, which means you have a variety to choose from.

What Is a Yacht?

A yacht is a recreational sea vessel used for entertainment, like cruising, water sports, or fishing . At a minimum, a yacht includes sleeping quarters, a kitchen, and a bathroom. There is no set standard definition, but the term applies to a ship with amenities that can accommodate overnight use.

What Is a Superyacht?

Superyachts are the gold standard in luxury yachting. They can accommodate six passengers at a minimum, but often host more than 10 passengers and a robust crew. Many superyachts have a variety of deluxe amenities like: 

• Swimming pools
• Tennis courts
• Outdoor cinemas
• Helicopter pads 

What Is Included in the Price of a Superyacht Charter ?

Superyacht charter prices are typically quoted at weekly rates. This will account for about 60–70% of the total cost. For a superyacht, expect to pay $100,000 or more per week. 

Charter prices include: 

• Yacht rental
• All equipment and amenities 
• Crew salary
• Additional services

The more extravagant your vessel, the more you can expect to pay. 

What Is Not Included in the Price of a Yacht Charter?

Yacht charters are generally “all-inclusive,” but this doesn’t include things like tips and taxes. Here is a list of a few things that are not included when you rent a superyacht: 

• Advance Provisioning Allowance (APA). APA covers provisions while onboard, including any specific requests you may have and several variable costs (including port fees, excursions, etc.). It’s a standard system managed by your captain. The crew uses this allowance to purchase products of your choosing and for taxis, communication fees, port fees, and other expenses that are difficult to budget for ahead of time.
• Taxes and VAT rates. Taxes are not included in superyacht charter prices. You will also be subject to VAT rates when chartering a yacht in Europe. 
• Crew gratuity. Your superyacht will come with an expansive and experienced crew. You’ll want to factor their gratuity into your overall costs. They’re at your service nearly 24/7, so it’s customary to leave them a tip at the end of your charter.

Yacht Charter Costs To Consider

Here are a few other factors that may influence how much your yacht charter is :

• The size of the yacht. You’ll pay a weekly rate of $100,000 or more for a superyacht charter rental. If you want something smaller, the price varies between $20,000 and $80,000. For a megayacht rental (much bigger than a superyacht), you can expect to pay upwards of a million dollars. The larger the yacht, the higher the cost.
• Seasonal influences. Depending on the destination, certain times of year are more expensive than others. For example, the Caribbean costs more during the winter, whereas in the Mediterranean, the summer months are pricier. 
• Exotic destinations. Exotic destinations cost more. The Galápagos Archipelago is a great example. Since yacht fleets are limited there, prices are higher. The Mediterranean is easier to access and thus less expensive.

Book Your Superyacht Charter with Northrop & Johnson Today

There’s nothing quite like sitting on the deck of a superyacht with a glass of bubbly and the sun and sea spray on your skin. It’s an experience you’ll cherish for a lifetime. 

Northrop & Johnson is committed to making your dream superyacht vacation come to life. Our staff will tailor every aspect of your trip to your specific needs and desires. You choose the destination and the menu, and we’ll handle the rest. With Northrop & Johnson, you can handpick your lifeguard, massage therapist, bartender, and more, and we’ll accommodate any cleaning or hygiene requests you may have. 

Contact Northrop & Johnson today to book your superyacht charter vacation . Our experienced team will walk you through the booking process and help you design a personalized yachting experience you’ll love. 

Looking for more than a luxurious vacation? Check out superyachts for sale and say hello to a new, adventurous life!

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Superyacht refit guide: How much does a refit cost?

Repainting a hull.

Want to know exactly how much a superyacht refit costs? Daan Balk, CEO of Balk Shipyard , and Fortunato Di Marco, sales manager of Lusben , explain what goes into four of the most common refit requests and how much they will cost a superyacht owner.*

Repainting a hull

A new paint job might seem straightforward enough, but owners are often surprised by how quickly costs can escalate. “Painting is 70 per cent preparation – fairing, sanding and treating corrosion – but it’s absolutely worth doing a proper job,” Balk says. “If you take care with all that, your paint will last much longer.”

And don’t forget that before any painting can happen, “you have to take off all the hardware, stainless-steel railings, hand grips, grids and doors, and the caulking will need to be cut away and window seals removed”, Balk says. “There are some cases of ‘scratch and shoot’ but in general there’s a lot of additional work that people don’t realise – plus the cost of having the boat in a shed with heating, lighting and extractors.”

*All costs are estimates, based on a 60-metre yacht in fairly good condition. Image courtesy of Billy Black.

Installing an LED Lighting System

Swapping harsh halogen lights for warmer, more subtle LEDs is a relatively simple way to update your yacht. Costs vary hugely depending on whether you’re copying your original lighting plan and placing lights in the same position – in which case “you could do that quite easily in a couple of weeks”, Balk says – or if you’re planning on redesigning your whole system, which owners often want to do. The age of the boat has a bearing on rewiring, Di Marco notes, and costs will change depending on whether you go for simple LEDs, RGB or RGB white systems.

LEDs are a wise investment, in Balk’s opinion, because they’ll save on electric power consumption too. “Normally a light produces 80 per cent heat and only 20 per cent light, but LEDs are completely different,” he says. Unlike some projects, owners have the choice of whether to keep changes to the lighting minimal, and therefore keep the costs down, or to run with a more extensive overhaul. Either way, it’s a savvy investment.

Image courtesy of Jeff Brown.

Replacing Superyacht Furniture

Swapping out built-in, dark, carved wooden furniture for free-standing items in lighter woods is one of the most popular refit trends today. “It’s something you can do on a reasonable budget to make a magnificent difference,” Balk says. Free-standing items are also easier to replace in the future, giving you more flexibility to refresh your boat on a regular basis. “The process can be complicated by the fact that some fixed furniture is used to cover cables, piping and fan coils,” Di Marco adds.

But, “it’s something that makes people feel they get value for money,” adds Balk. “You can come on board and think, wow, this is a totally different ship!”

Image courtesy of Mark Sims.

Installing a Spa Pool

When it comes to installing a hot tub , many owners are lured by a seemingly straightforward, off-the-shelf option. But, explains Balk, if you haven’t thought about access properly, “the whole thing will be torn apart so that we can position filters and pumps in different positions. The same hot tub can cost you twice as much”.

A detailed spec is crucial when looking into installation – what regulations your yacht has to comply with is a major factor, and “the availability of power in relation to how quickly water can be heated up is key too”, Di Marco says. What deck you choose to have your spa pool on is also important. “Most people like to have it on the highest deck, in the sun, but from a naval architecture point of view that’s the most difficult point because it’s directly related to the stability of the yacht,” Balk notes. He recommends building a tub that fits in with the power and water systems you already have on board – and don’t forget, even though space is at a premium, you’ll still need to get access to maintain it.

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How much does a superyacht really cost.

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What do Google Chairman Eric Schmidt , the Prime Minister of the United Arab Emirates and Steven Spielberg  have in common? Besides being fabulously wealthy, they're also on an elite list of the world's few superyacht owners.

It's no secret that superyachts are, well, expensive. The world's largest private vessel, Khalifa bin Zayed Al Nahyan's Azzam , reaches an astounding 180 meters (590 feet) and cost $600 million to build. In fact, eight of the ten most expensive luxury acquisitions of all time fall under the superyacht category.

And while a superyacht alone can cost tens -- or sometimes, as in the case of the Azzam , hundreds -- of millions of dollars, the annual upkeep costs can also reach into the seven figures, according to a report by Towergate Insurance .

So just how much does a superyacht cost? The reports finds that on average, a 100-meter superyacht with a top speed of 25 knots and 50 crew members should cost around $275 million. Considering the 30 largest superyachts are all longer than 100 meters, they can often cost significantly more.

Lazzara 80 Alchemist (Photo D Ramey Logan/Wiki Commons)

Gas prices, general maintenance, taxes and crew salaries are typically the biggest sources of added expenditure for owners. Towergate estimates that annual dockage fees run for $350,000, insurance averages $240,000 and maintenance and repairs can be in the millions, as can crew salaries. Overall, the owner should expect to spend about 10% of the yacht's initial cost on annual upkeep.

Captains report making anywhere from $70,000 a year on smaller vessels to $180,00 a year on larger vessels, while other members report significantly lower incomes. But considering the  Azzam employs some 50 people, that's quite a payout. Smaller vessels, including the 88.12-meter  Maltese Falcon and the 79.25-meter Venus  reportedly employ between 18 and 22 people. The  Al Said , owned by the Sultan of Oman, employs 154 crew members.

Gas prices may be decreasing on land, but it's a completely different story on the open water. A 71-meter yacht using 500 liters of diesel few per hour, which brings the annual gas costs to around $400,000.

The Katara, a 124 meter superyacht owned by the emir of Qatar, docked in Nice's harbor. (Valery ... [+] Hache/AFP Photo/Getty)

What else does the report tell us about these impressive vessels? A lot about their owners, for one. Towergate found that of the nationalities of 125 owners it was able to identify, 14% were American, followed by Russians. But like most other luxury sectors, the biggest gains year-to-year were Asian owners, who purchased 11% of the superyachts delivered in 2014 as compared to just 3% in 2011.

In 2013, 355 superyachts were sold, totaling $3.4 billion. Ten-percent of yacht purchases are paid in-full immediately, and owners typically own their vessels for no more than three years before flipping them.

And price and length aren't the only features worth bragging about. Many come equipped with bomb-proof windows, motion sensors, biometric fingerprint entry and escape pods. Venus , owned by Steve Jobs ’ family, has a large pane of special glass around the side to resemble an Apple store. The  Eclipse,  owned by Russian businessman Roman Abramovich, boasts two swimming pools and two helicopter pads, and a three-man "leisure" submarine.

Other notable superyacht owners mentioned in the report include director Steven Spielberg, America business magnate David Geffen and Greek hedgefund owner  Elena Ambrosiadou .

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FLANICK New Member

My wife and I are thinking about buying our first yacht. We have owned bay boats/center consoles in the past so we have somewhat of an idea on some of the costs associated with ownership. That being said we are now looking in the 80-100 foot range so I know there will be a lot more that goes into general maintenance, running the yacht, etc. I've searched online but I haven't been able to find much reliable information. If anyone has an excel sheet (or similar) that they would be open to sharing with me I would greatly appreciate it. Thank you!

Ken Bracewell Senior Member

I have generic numbers for a bit larger boat that I can share with you. Send me your email in a private message and I will send across. FLANICK said: ↑ My wife and I are thinking about buying our first yacht. We have owned bay boats/center consoles in the past so we have somewhat of an idea on some of the costs associated with ownership. That being said we are now looking in the 80-100 foot range so I know there will be a lot more that goes into general maintenance, running the yacht, etc. I've searched online but I haven't been able to find much reliable information. If anyone has an excel sheet (or similar) that they would be open to sharing with me I would greatly appreciate it. Thank you! Click to expand...

Ken Bracewell said: ↑ I have generic numbers for a bit larger boat that I can share with you. Send me your email in a private message and I will send across. Click to expand...

Pascal Senior Member

It s very hard to answer as a lot depends on the age of the boat, its location (affects dockage and insurance) and your usage. on the 2009 Lazzara 84 I ran for 5 years we average $80k in annual maintenance cost. Dockage ran about $36k a year and insurance $15k now, maintenance was fairly low because the bias was in good shape and we didn’t have many significant issues. Biggest ones over the year was rebuilding one chiller, replacing both cracked shafts and a few other things. No engine issues in 5 years / 2000 hours. Another reason why maintenance was low is because I did a lot of it myself which some captains may not be able or want to do. I also know a lot of reasonable contractors when needed, saving quite quite a bit dockage and insurance were well below average considering we re in Miami. crew costs depends on your expectations. Captain plus mate? Do you also want a full time stew? fast forward to the 2003 Lazzara 110 the owners have upgraded to and insurance is over 50k... plus a full time third crew. Dockage has remained the same as we were paying for 115 feet anyway. of you give us more details, I m sure some of us can get you better answers

Pascal said: ↑ It s very hard to answer as a lot depends on the age of the boat, its location (affects dockage and insurance) and your usage. on the 2009 Lazzara 84 I ran for 5 years we average $80k in annual maintenance cost. Dockage ran about $36k a year and insurance $15k now, maintenance was fairly low because the bias was in good shape and we didn’t have many significant issues. Biggest ones over the year was rebuilding one chiller, replacing both cracked shafts and a few other things. No engine issues in 5 years / 2000 hours. Another reason why maintenance was low is because I did a lot of it myself which some captains may not be able or want to do. I also know a lot of reasonable contractors when needed, saving quite quite a bit dockage and insurance were well below average considering we re in Miami. crew costs depends on your expectations. Captain plus mate? Do you also want a full time stew? fast forward to the 2003 Lazzara 110 the owners have upgraded to and insurance is over 50k... plus a full time third crew. Dockage has remained the same as we were paying for 115 feet anyway. of you give us more details, I m sure some of us can get you better answers Click to expand...

olderboater Senior Member

Here are some other threads I'd suggest you also look at. Cost of a crew for an 80 foot yacht - General Yachting Discussion | YachtForums: We Know Big Boats! What's an average yacht program look like? - General Yachting Discussion | YachtForums: We Know Big Boats! Buying First Motor Yacht - What's your #1 tip? - General Yachting Discussion | YachtForums: We Know Big Boats! Crew, Payment, Food Cost, HELP! - Yacht Crews | YachtForums: We Know Big Boats!

Here also is a link to a cost calculator. While it's not gospel, by any means, you can use this as an outline of the items you need to budget. Drill down into each category of costs to see the details. Then think of your situation. It will indicate at first what you may feel are outrageous numbers. However, expand all so you can see the detail and then determine which line items are reasonable and which are not. https://luxyachts.com/yacht-cost-calculator A few factors that will really influence your numbers are: 1. Crew. You say keep as low as possible. Does that mean no full time crew or what to you? Normal for a boat that size having full time crew would be 2 to 3 persons, and that alone would make your $200k per year unreasonable. 2. Your use of the boat. Will you run it 1000 hours a year or 100? When cruising, will you anchor or use marinas? Don't overlook all the little things. For instance, one line in the budget is towing and diving. Not huge, but people overlook those type costs. You'll have some form of tow membership, only a couple of hundred a year. Or perhaps you'll go for both. Then you'll have divers. In South Florida that's monthly during winter and every three weeks during summer. It's a bit less in Long Island. When you say live on it full time, does that mean moving regularly or stationary for long periods of time.

A boat that size will take about 4000 gallons of fuel each way between SoFl and LIS doing most of the trip at hull speed. Double that if running on plane. Dockage will be significantly higher in Florida if seasonal instead of annual. Probably $5000 a month usually plus electrical which can run $600-800 a month on a boat that size. You can search for marinas online to get an idea of dockage costs both in SoFl and LIS. Dockage up there isn’t cheap especially in the upscale areas on the other hand being up north in summer should result in some insurance savings. I don’t think it will be feasible to run a boat that size without a captain and mate. even without crew, considering the traveling and seasonal dockage and the age of the boat I don’t think your $200k operating expenses target is feasible. $250k plus crew is probably closer to reality.

motoryachtlover Senior Member

A significant amount of the cost of the “maintaining” the boat will be determined by what shape it is when you buy it and how you like to keep the boat. I quoted maintaining because I am not sure if that covers updating systems. I have put approximately 150K per year in 3 of the last 5 years. My boat is a 1995 54’. A lot of that money went to replacing major components. I had a transmission that cracked a case and ZF no longer made it so I elected to put in 2 new ZFs, which lead to replacing the shower heads, and replacing the generator while we were in there. One year we painted the boat and put on a new davit, etc. Next year was replacing 3 new AC systems and other miscellaneous things. Maybe I am overboard but I don’t wait for a component to fail before I replace it. A like my boat to be ready to roll and I like it to look clean and tidy. There is no judgement from me for others that don’t care if their boat is dirty and don’t get frustrated when they go down there and 1 AC is out. I just went to look at a 2014 boat for sale and it is an expensive boat and if I was to buy it, it would go straight to the yard for some things that I don’t want to take a chance with. Not at all trying to discourage you but you and your spouse have to love boats and boating because it is an expensive hobby. Thankfully my wife likes it almost as much as me. You didn’t ask this but if you like learning a new skill and don’t mind a challenge maybe think about a 60’ boat first and see what you think about the cruising life after a year or so. Good luck on your adventure.

Adopo Member

I have been googling a bit on this, and have come across various software programs, just a surface search right now. Looking for something that will track cost, schedule, etc. What is the best all in one web based software do you or your managers use? https://deepbluesw.com/modules/ https://seahubsoftware.com https://quartermaster.me

Adopo said: ↑ I have been googling a bit on this, and have come across various software programs, just a surface search right now. Looking for something that will track cost, schedule, etc. What is the best all in one web based software do you or your managers use? https://deepbluesw.com/modules/ https://seahubsoftware.com https://quartermaster.me Click to expand...

HTMO9 Senior Member

I can only speak for the costs of larger yachts here in Europe, especially in the Mediteranean. Talking about the different types of costs over the year and looking at my own boats, I would show the following list: - Costs of Crew and Yacht management. As said before, my boats have double crew and the yacht management is integrated into one of my shipping companies. This is always the biggest part of the anual coasts. If You want top crews, You have to pay and treat them accordingly. - Costs of mooring and service by the yacht harbours. We have permanent moorings which will remain empty, when the boat is in voyage. This has become much more expensive during the last years on the Balearic Islands and the French Riviera / Monaco. This includes tow, pilots and divers. Plus the costs of the external cleaning below and above the waterline and the polishing services. Anything besides the usual rinsing and washing, this is not done by my crew. - Fuel, oil and supply of consumables and waste disposal plus all comestibles. Btw. my crews eat the same type, quality and quantity (per adult person) of food like their ownership (I do not want any mutiny on my boats ). One might wonder, that costs of fuel are only Nr. 3 on my listing but this figure depends largely on the miles travelled. The biggest fuel eater is the 165 ft quad engine fast boat, which may use its 40.000 Litres of fuel twice a day, when my sons are shutteling between Mallorca and the Island of Ibiza at 30 Kts+. On the other hand, when the boats are Med moored in harbour, the gen sets are not running at all, as all boats have a complete shore power supply setup. - Maintenance: Daily maintenance is done by the crew, any deeper service or reapair is done by contractors, i.e. the yards, in my case only German or Dutch yards, which have either branches in the Med or will send specialists within 24 hours, plus suppliers like MTU, Volvo Penta, etc. As the boats are all of highest quality and very well looked after and even more important, only driven by handpicked professionals, we do not have many repairs. My shadow is not included in this listing, as it is a commercial ship with commercial crew. Only the crews of the onboard yacht tenders, which partially live on this shadow, are included in this listing. The helicopter and its crew is detached from my flying service and also not included in the listing above.The exact listing of this year might be different, as Corona has changed our usage of the boats largely. And the list does not include any Depreciation, Taxes or reserves, as we do not charter away our boats and most of all, yachting is our private family hobby.

ranger58sb Senior member

FLANICK said: ↑ That being said we are now looking in the 80-100 foot range so I know there will be a lot more that goes into general maintenance, running the yacht, etc. Click to expand...

Danvilletim Senior Member

We are 92 and I’d guess we are around $300k -$400k a year. It’s hard to determine what’s maintenance and what’s upgrades. If a chiller dies it’s getting replaced. We put off new teak until this year and that will be $80k. I think the concerning part of your post is getting a 80-100 for 1-2m. Even at $2m I doubt you will get a boat newer than 2005. And thus your maintenance may me considerable.

rtrafford Senior Member

I don't ever want to look at what it costs.

Pascal said: ↑ A boat that size will take about 4000 gallons of fuel each way between SoFl and LIS doing most of the trip at hull speed. Double that if running on plane. Dockage will be significantly higher in Florida if seasonal instead of annual. Probably $5000 a month usually plus electrical which can run $600-800 a month on a boat that size. You can search for marinas online to get an idea of dockage costs both in SoFl and LIS. Dockage up there isn’t cheap especially in the upscale areas on the other hand being up north in summer should result in some insurance savings. I don’t think it will be feasible to run a boat that size without a captain and mate. even without crew, considering the traveling and seasonal dockage and the age of the boat I don’t think your $200k operating expenses target is feasible. $250k plus crew is probably closer to reality. Click to expand...

Gulfer Member

It’s hard to determine what’s maintenance and what’s upgrades. Click to expand...

Upgrading an appliance is often tantamount to investing in deferred maintenance on the depreciating value of the original appliance. Write the check or not, you’re still paying. You’re just deferring the actual cost.

Gulfer said: ↑ It's funny you say that... We have a similar situation. I'll say the program is running $X, and the Captain will say... Actually, it's less because X,Y,and Z were upgrades. It doesn't matter very much in the scheme of things, it was money that was spent. Just more of a budget problem. Either way, the money had to be spent. Our examples (this year). Frig had to be replaced with New Frig. Is that an Upgrade? Or Repair and maintenance. I say Repair, as if it didn't break. We wouldn't have "upgraded" it. Washer/Dryer - same situation. New Toys - Upgrade. New Tender - Upgrade Click to expand...

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Cost of Buying & Owning a Small Yacht (Detailed Breakdown)

While some people may prioritize a slower, more eco-friendly, and more hands-on experience that they get from a sailing yacht, others may prefer a faster, more luxurious, but less hands-on experience from operating a motor yacht. However, the tiebreaker comes down to the costs of owning and maintaining them. With that, let's explore how much you'll need to buy and own either a small sailing yacht or a motor yacht, and see which one is more affordable.

A new 30-foot sailing yacht can cost anywhere from $50,000 to $200,000, while a used one in good condition can range from $20,000 to $100,000. On the other hand, a new 30-foot motor yacht can cost between $100,000 and $500,000, while a used one can range from $50,000 to $300,000.

The ongoing costs of owning a yacht include maintenance and repair costs, fuel costs, insurance, docking fees, and more. Let's take a closer look at each of these costs and how they can impact your budget.

• The initial purchase price and ongoing costs of owning a motor yacht are higher than those of a sailing yacht.
• A sailing yacht relies mostly on wind power, while motor yachts require more complex mechanical systems and need more fuel.
• Purchasing older yachts may require more maintenance and repairs.
• Additional initial expenses when purchasing a used yacht include hiring a surveyor, buying bottom paint, looking for upgrades, and purchasing safety equipment.
• Insurance costs for motor yachts are higher due to their faster speeds and increased risk of accidents.

Cost of Buying And Owning A Small Yacht

1. the average cost of owning a new 30-foot sailing yacht.

On average, a small brand-new sailing yacht can cost anywhere from $50,000 to $200,000 or more. This price range typically includes basic features like a cabin, galley, and bathroom, as well as a mast, sails, and rigging. However, the price may not include additional amenities like a generator, air conditioning, or advanced navigation systems.

In addition to the initial purchase price, there are also ongoing costs associated with owning a sailing yacht, such as mooring fees, maintenance and repairs, insurance, and fuel costs. These expenses can add up quickly, and you may need to factor them into your budget when considering buying a sailing yacht.

One advantage of owning a sailing yacht is that it can be less expensive to operate than a power yacht, as it relies on wind power rather than fuel. However, sailing yachts also require more maintenance and upkeep, particularly for the rigging and sails .

Initial expenses for a new 30-foot sailing yacht

Recurring expenses for a new 30-foot sailing yacht, 2. the average cost of owning a used 30-foot sailing yacht.

In general, you can expect to pay anywhere from $20,000 to $100,000 for a used 30-foot sailing yacht. This cost will typically include the purchase price of the boat itself, as well as any necessary upgrades or repairs that may be required.

Once you have purchased the boat, there are a number of ongoing costs associated with owning and maintaining it. These can include mooring or slip fees, insurance, registration and licensing fees, and regular maintenance and repairs.

Although used sailing yachts can be much more affordable than new ones, they may require more maintenance and repairs which can be costly and time-consuming. There may be hidden issues or problems with a used boat that are not immediately apparent, which can lead to unexpected expenses down the line.

Initial expenses for a used 30-foot sailing yacht

Recurring expenses for a used 30-foot sailing yacht, 3. the average cost of owning a new 30-foot motor yacht.

The cost of a new 30-foot motor yacht can range from around $100,000 to over $500,000, with some luxury models costing even more. Although operating a motor yacht requires less skill and experience than operating a sailing yacht, the initial purchase price and ongoing costs are higher than that of a sailing yacht.

This is because motor yachts require more complex mechanical systems, such as engines, generators, and other electrical and plumbing systems, which can be expensive to install and maintain. They also need more fuel than sailing yachts, which can result in higher ongoing costs for fuel and maintenance.

Initial expenses for a new 30-foot motor yacht

Recurring expenses for a new 30-foot motor yacht, 4. the average cost of owning a used 30-foot motor yacht.

A used 30-foot motor yacht can cost anywhere from $50,000 to $300,000 or more. However, you'll need to note that older yachts may require more maintenance and repairs, which can add to the overall cost of ownership.

It can be difficult to know how these yachts were used and maintained by their previous owner, which can lead to unexpected issues and repairs. They may also have less fuel-efficient engines, which can lead to higher fuel costs over time.

Initial expenses for a used 30-foot motor yacht

Recurring expenses for a used 30-foot motor yacht, expenses involved in buying and owning a small yacht.

Initial expenses in buying a small yacht

Boat purchase is not cheap.

The first cost you'll encounter when buying a yacht is the purchase price which can range from tens of thousands of dollars to millions of dollars. When setting a budget for your yacht purchase, try to consider not only the purchase price but also the ongoing costs of ownership.

You need to register your yacht

Before you can legally operate your small yacht, you need to register it with the relevant authorities. The registration process depends on your location and the size of your yacht. In Oregon, for example, all boats with motors must be titled and registered with the Oregon State Marine Board. The registration fee is based on the length of the vessel.

To register your yacht, you will need to provide proof of ownership, such as a bill of sale, and complete the necessary paperwork. You may also need to provide proof of insurance and pay any applicable taxes.

Factor in payment for taxes

Each state has its own tax laws, and some states may have additional taxes or fees that apply to yacht owners. In Florida, there is a 6% sales tax on boats, while in Texas, the sales tax is 6.25%. In addition to state taxes, some municipalities or counties may also charge a local sales tax.

Set aside payment for the title fee

The title fee is the cost of transferring the ownership of the yacht from the seller to the buyer. The title fee for a small yacht can range from a few hundred dollars to a few thousand dollars.

Budget for hiring a surveyor

A survey is particularly important when buying a used boat, as it can help uncover any hidden problems that may not be immediately apparent to the buyer. Used boats can have a range of issues, from minor cosmetic defects to serious structural damage, and a survey can help to identify these issues before the sale is completed.

During the survey, the marine surveyor will thoroughly inspect the boat's hull, deck, and superstructure, as well as its mechanical systems, electrical systems, and safety equipment. The surveyor will also test the boat's performance on the water, including its handling, speed, and maneuverability.

After the survey is complete, the surveyor will provide the buyer with a detailed report of their findings, including any defects or deficiencies that were identified. This report can be used by the buyer to negotiate the purchase price or to request that any necessary repairs be made before the sale is completed.

Used small yachts need upgrades and customizations

One of the joys of yacht ownership is the ability to customize your vessel to suit your needs and preferences. Some common upgrades and customizations include:

• Deck hardware: Installing new hardware such as cleats, winches, and blocks can improve the functionality of your yacht, but can also be expensive.
• Communications: Upgrading your communication systems, such as radios and satellite phones, can improve safety and convenience, but can also be costly.
• Vinyls: Adding vinyl graphics to your yacht can be a fun way to personalize your vessel, but can also be expensive.
• Anti-fouling paint: Applying anti-fouling paint to the bottom of your yacht can help prevent the growth of marine organisms, but can also be a recurring expense.

Consider the costs of buying safety equipment

Safety should always be a top priority when operating a yacht. Some essential safety equipment includes:

• Life jackets: Having enough properly fitting life jackets for all passengers is essential for safety.
• Fire extinguishers: Having properly functioning fire extinguishers on board can help prevent a disaster.
• First aid kit: Having a well-stocked first aid kit on board can help in case of injury or illness.
• Emergency signaling devices: Having emergency signaling devices such as flares or an EPIRB can help alert others in case of emergency.

For a more detailed list of the safety equipment you need for your newly purchased small yacht, here's an article you can refer to.

Recurring costs for owning a small yacht

In addition to the initial expenses, there are also ongoing costs associated with owning a yacht such as the following:

Avail an insurance policy for your yacht

Shop around for insurance agencies that specialize in yachts, as there are many clauses and catchphrases that are unfamiliar to the average insurance agent. Insurance companies that specialize in boats often provide surprising discounts for both your own skills and the equipment on your boat.

A specialized insurance policy is generally estimated at between 0.8% and 1.2% of the boat's purchase price per year. It should also cover these 10 basic things included in this article.

Sailing yachts may be more expensive to insure due to their increased risk of damage from weather and other environmental factors, while motor yachts may be more expensive due to their higher speeds and increased risk of accidents.

Keep in mind dockage and mooring fees

You can save money on docking fees by anchoring in free anchorages or finding marinas that offer discounts for long-term stays. Some marinas charge by the foot, while others charge a flat rate. You can try to research different marinas in your area to find the best deal.

In addition to the basic fee, some marinas charge extra for amenities such as electricity, water, and Wi-Fi. You may also want to consider the location of the marina since marinas in popular tourist destinations tend to be more expensive than those in less popular locations.

If you're in California, here are 7 places where you can dock your yacht at the cheapest price.

Consider costs for maintenance and repairs

Maintaining and repairing your small yacht is an important part of yacht ownership. Regular maintenance ensures that your yacht is safe to operate, and it can prevent costly repairs down the line.

Routine maintenance is the regular upkeep of your yacht, which includes things like cleaning, oil changes, and checking the engine and other systems. Consider following the manufacturer's guidelines for routine maintenance, as this will help prevent breakdowns and keep your yacht in good condition.

Now, even with regular maintenance, repairs may be necessary from time to time. Repairs can range from minor fixes like replacing a lightbulb to major repairs like fixing a damaged hull. Address repairs as soon as possible to prevent further damage.

For bottom paint, you can read this article on How Much Does it Cost to Antifoul a Boat? (Bottom Paint)

Account for fuel costs

The type of yacht you own will determine the fuel you use. For example, a motor yacht will require more fuel than a sailing yacht. Fuel costs are usually calculated per gallon. You can use a yacht fuel cost calculator to estimate how much fuel you will need for your trip and the approximate cost.

You can save money on fuel costs by filling up at a marina that offers fuel at a lower price. You might also want to consider using fuel additives that can improve your yacht's fuel efficiency and reduce fuel consumption.

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Boat Building Cost Calculator

Boat building costs vary widely depending on boat type, size, materials, and features. Small dinghies can range from $500 to $5,000, while larger yachts can cost from $100,000 to over $20 million. Labor costs, material choices, and customization play significant roles in determining the final cost. Accurate estimates require detailed specifications and professional consultation.

Estimating boat building costs can be quite complex and depends on various factors, including the type and size of the boat, materials used, labor costs, and additional features. Here’s a simplified table with rough cost estimates for different types of boats:

These cost estimates are very rough and can vary significantly based on your location, the boat’s design, and the specific features and materials you choose. Additionally, labor costs can be a substantial factor, especially if you hire professionals for construction. Always consult with boatbuilders or experts for accurate, detailed estimates.

How much does it cost to build a wooden boat? The cost to build a wooden boat can vary significantly depending on the size, design, and materials used. It can range from a few thousand dollars for a small boat to hundreds of thousands for a larger, more complex vessel.

What is the process of making boat building? The boat building process involves various stages such as design, lofting (drawing the boat’s full-size lines), constructing the hull and deck, installing systems and equipment, finishing, and launching.

How much does it cost to build a sailing yacht? The cost to build a sailing yacht can vary widely based on its size, materials, and level of customization. It can range from hundreds of thousands to several million dollars.

What is the best wood to build a boat? Commonly used woods for boat building include mahogany, oak, cedar, and teak. Each wood has its strengths and characteristics, and the choice depends on factors like the boat’s purpose and budget.

What is the lifespan of a wooden boat? The lifespan of a wooden boat depends on the quality of construction, maintenance, and usage. Well-maintained wooden boats can last for decades or even centuries.

What is the best material to build a boat? The best material to build a boat depends on factors such as the boat’s purpose, design, and budget. Common materials include fiberglass, aluminum, steel, and wood.

What is the easiest boat building method? For beginners, stitch-and-glue or plywood construction is often considered the easiest boat building method due to its simplicity and minimal use of specialized tools.

What is marine plywood called? Marine plywood is sometimes referred to as “marine-grade plywood” or “marine-grade exterior plywood.” It is a high-quality plywood specifically designed for marine and boat-building applications.

Is it cheaper to buy or build a yacht? Building a yacht can sometimes be cheaper than buying a ready-made one, especially if you have the skills and time to do it yourself. However, it depends on the yacht’s size and complexity.

Does owning a yacht make money? Owning a yacht is generally considered a significant expense. While some yacht owners may charter their boats to offset costs, it is not typically a profitable venture.

How much does it cost to run a yacht per year? The annual operating costs of a yacht can vary greatly depending on its size, maintenance needs, crew salaries, insurance, mooring fees, and other factors. It can range from tens of thousands to millions of dollars per year.

Is wood or fiberglass better for a boat? Wood and fiberglass each have their advantages and disadvantages. Fiberglass is more durable and requires less maintenance, while wood provides a classic look and can be easier to repair.

Do you need marine grade plywood to build a boat? Using marine-grade plywood is recommended for boat building as it is specifically designed to resist moisture and is more durable than standard plywood.

What makes a wooden boat waterproof? A wooden boat is made waterproof through proper construction techniques, including sealing seams, using marine-grade sealants, and applying protective coatings such as epoxy or varnish.

What type of hull lasts the longest? A properly maintained fiberglass hull can last for decades, making it one of the longest-lasting hull materials.

Are wooden boats expensive to maintain? Wooden boats can be more expensive to maintain compared to some other materials, as they require regular varnishing, painting, and sealing to protect against moisture.

How long should a boat engine last? The lifespan of a boat engine varies depending on factors like usage, maintenance, and the type of engine. Well-maintained engines can last for thousands of hours or more.

What is the best shape of a boat? There is no one “best” shape for a boat, as it depends on the boat’s intended use and performance requirements. Different hull shapes are designed for various conditions and purposes.

What is the best block to build a boat? The best block in “Build a Boat for Treasure” (a popular Roblox game) can vary depending on individual preferences and strategies in the game.

What kind of plywood should I use to build a boat? For boat building, marine-grade plywood is recommended due to its resistance to moisture and durability.

What is a good first boat to build? A good first boat to build for beginners is often a small, simple boat using plywood construction, such as a rowboat or kayak.

What is the best code in build a boat? As “Build a Boat for Treasure” is a game on the Roblox platform, the best code can vary, as new codes are often released by the developers.

How many days does it take to build a boat? The time it takes to build a boat can vary significantly depending on the size, complexity, and building method. It can range from a few days for a small boat to several months or more for larger vessels.

Is marine plywood worth the money? Marine plywood is worth the money for boat building and other applications where resistance to moisture and durability are essential.

What are the disadvantages of marine plywood? Marine plywood can be more expensive than standard plywood, and its availability may be limited in some areas.

How do you waterproof plywood for a boat floor? To waterproof plywood for a boat floor, use marine-grade sealants or epoxy coatings to protect it from moisture and water penetration.

Why do the rich buy yachts? Yachts are often seen as symbols of wealth, luxury, and status. They offer a private and exclusive way to travel and enjoy leisure time on the water.

How much is a 100-foot yacht? The cost of a 100-foot yacht can vary significantly based on the brand, features, and customization options. It can range from several million to tens of millions of dollars.

Why have boats become so expensive? Boats can be expensive due to the costs of materials, labor, and specialized engineering required for marine applications. Additionally, luxury features and high demand can drive up prices.

What is the average yacht salary? The average salary for yacht crew members can vary based on their roles and experience. It can range from a few thousand to tens of thousands of dollars per month.

At what point does a boat become a yacht? The term “yacht” is often used loosely and can vary depending on regional and cultural differences. Generally, larger and more luxurious boats are often referred to as yachts.

Do yacht crews get paid besides tips? Yes, yacht crew members typically receive salaries in addition to any tips they may receive from guests.

How many crew for a 100-foot yacht? The number of crew members on a 100-foot yacht can vary depending on its operations and guest requirements. It can range from a few to several crew members.

Is it expensive to maintain a yacht? Yes, maintaining a yacht can be expensive due to ongoing costs such as crew salaries, fuel, maintenance, insurance, and mooring fees.

How many miles does a yacht last? The lifespan of a yacht can vary depending on its maintenance and usage. Well-maintained yachts can last for several decades.

How long does fiberglass last on a boat? Fiberglass on a boat can last for many years, especially if it is well-maintained and protected from exposure to harsh conditions.

What is the best metal for boat building? Aluminum is a popular metal for boat building due to its lightweight, corrosion-resistant properties, and durability.

Do fiberglass boats crack easily? Fiberglass boats are generally durable and not prone to cracking under normal usage and conditions.

How thick should marine plywood be for boat floor? The thickness of marine plywood for a boat floor can vary depending on the boat’s size and intended use. Typically, plywood thickness ranging from 3/8 inch to 3/4 inch is used for boat flooring.

How long will plywood last in a boat? The lifespan of plywood in a boat can vary depending on its quality, usage, and exposure to the elements. Well-maintained marine-grade plywood can last for many years.

What is the lifespan of marine plywood? Marine plywood, when properly maintained and protected from moisture, can last for decades.

Why don’t wooden boats sink? Wooden boats can float because of the principle of buoyancy, where the weight of the water displaced by the boat’s hull equals the boat’s weight.

Why do wooden boats not rot? Properly treated and maintained wooden boats are less likely to rot due to protective coatings and sealants that prevent water penetration and decay.

How did Vikings waterproof their boats? Vikings used a technique called “clinker” or “lapstrake” construction, where overlapping wooden planks were fastened together with iron rivets and caulked with materials like tar or animal hair to make their boats watertight.

What is the best hull for choppy water? A hull with a deep-V design is often considered the best for choppy water, as it can provide a smoother and more stable ride.

What is the longest-lasting boat flooring? Fiberglass or composite flooring can be among the longest-lasting boat flooring options due to their resistance to water and decay.

What hull shape holds the most weight? Hull shapes with a flatter bottom, such as flat-bottomed or pontoon boats, can generally carry more weight compared to other hull designs.

What are the disadvantages of a wooden boat? Disadvantages of wooden boats can include higher maintenance needs, susceptibility to rot if not properly cared for, and higher initial costs compared to some other boat materials.

What time of year are boats cheapest? Boat prices can vary throughout the year, but boats may be cheaper during the offseason or winter months when demand is lower.

What is the best wood to build a boat? Apologies, this question was repeated. Mahogany, oak, cedar, and teak are common choices for boat building, depending on the boat’s purpose and budget.

What is considered an old boat? The classification of an old boat can vary, but boats that are several decades old or more are often considered “old” in the boating community.

How long can a boat sit without running? A boat can sit idle for weeks or months without running, but it’s essential to properly maintain it during storage to prevent issues.

What is too many hours on a boat? The number of engine hours considered too many on a boat depends on the engine type, maintenance history, and how the boat was used. Properly maintained marine engines can last for thousands of hours.

What is the strongest part of a boat? The hull, particularly the keel or centerline, is generally considered the strongest part of a boat, providing structural support and stability.

What hull shape is fastest? The hull shape that is fastest depends on the boat’s intended use and design. Planing hulls are generally faster at higher speeds, while displacement hulls are more efficient at lower speeds.

What’s better flat-bottom or V-bottom boat? A V-bottom boat is generally better suited for rough water conditions, as it can provide a smoother ride and better handling compared to flat-bottom boats.

What is the hardest stage in build a boat? The difficulty of various stages in boat building can vary based on individual skills and experience. Some find the final finishing and detail work to be the most challenging.

What is the easiest boat to build? Simple boats like a stitch-and-glue kayak or rowboat are often considered the easiest to build for beginners.

What is the strongest boat building material? Aluminum and steel are strong boat building materials, offering durability and impact resistance.

Do I really need marine grade plywood? Marine-grade plywood is recommended for boat building due to its superior water resistance and durability.

Can I use pressure-treated plywood in my boat? Pressure-treated plywood is not recommended for boat building, as the chemicals used in the treatment may be harmful to marine environments.

Is marine plywood stronger than regular plywood? Marine plywood is generally stronger and more durable than regular plywood due to its construction and bonding methods.

What is the most stable boat in rough water? Boats with deep-V hulls are often more stable in rough water due to their ability to cut through waves and maintain better control.

What is the most stable boat design? Catamarans and pontoon boats are known for their stability due to their wide and stable hull designs.

What is the rarest thing in build a boat? As “Build a Boat for Treasure” is a dynamic online game, rare items can vary over time based on updates and events.

What are the rarest Build a Boat items? As an online game, the rarity of items in “Build a Boat for Treasure” can change, and different players may value different items differently.

How long should a boat be for the ocean? Boats intended for ocean travel should generally be at least 30 feet in length to handle the challenges of offshore conditions.

How long is a boat before it becomes a ship? The distinction between a boat and a ship is not solely based on length, but generally, a vessel becomes a ship when it reaches around 197 feet (60 meters) in length.

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