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Mindy Abbott Cruise Ship February 18th, 2018 - 12:08:38
This pending SOLAS implementation date has already started to show up as a primary factor in the asking and selling prices of ships on the market today. SOLAS 2010 also offers a tremendous opportunity for those who may prefer to have a very large houseboat instead of a commercial ship. Ships that are not in compliance with SOLAS 2010 are now selling for a song (inexpensively). A cruise ship can easily be converted into a megayacht with the stroke of a pen. Privately owned yachts not in commercial service and not carrying passengers or cargo for hire are exempt from many of the SOLAS requirements. Operating costs are also lower for a private yacht. It cost less to register flag and insure a private yacht. Megayachts can be flagged and classified for unlimited service. That means that a megayacht can go practically anywhere you want it to go. There is one major drawback to registering a cruise ship as a private yacht.
The age groups as well as the themes catered for should also be looked at closely. There are cruise ships that do not allow children on board. Therefore individuals who would like to travel as a family will not be able to board such a ship. Furthermore certain ships have themes that are directed towards particular interests. Cruises that have sports themes with mini golf and swimming areas will not be enjoyable for individuals who are not sports enthusiasts.The environment in the cruise ship is also mentioned in a lot of cruise ship reviews. The individuals should always consider this in order to ensure that they are not bored during the trip. Some cruises have a very formal atmosphere while others have a party or carnival mood. The type of mood that the traveler would like should therefore be considered or they will definitely not enjoy themselves. It is a fact that cruises are very expensive and individuals who go on such trips always like to get their moneys worth. An individual who reads cruise ship reviews will be able to get a clear picture of what a certain cruise is like. This will help them to decide on the particular cruise before they swipe their card or open their wallet.
On a ship this size I would recommend that there be no more than 60 joint owners so each can have two cabins and will have the option of converting those two cabins into a two room suite. To keep the numbers simple lets say that this ship has 50 buyers who each buy 2% of the ship. Buy in cost per owner would then be $10000. If there were only ten buyers then the acquisition cost per buyer would be $50000. $50000 will not buy much of a house on land but on this ship it would buy 10% of a ship like the Vergina Sky and twelve cabins that could be converted into a fairly large home. At the economy end of the scale a co owner could buy 1% of an economical cruise ship for about $5000. However it is not necessary for all co owners to have equal shares in the ship. Ownership can easily be divided up into 1% increments. If one buyer wanted 5% then his cost of acquisition would be $25000. He would be entitled to 5% of the ships cabins and would have five votes on operations and management of the ship such as itinerary planning.
Unlike fractional ownership of aircraft and houseboats fractional owners of a cruise ship can all use the ship simultaneously. There is plenty of room for you and the other owners to live on the ship any time you want or all the time. You can use it as a full-time residence and so can the other co-owners. The first obvious benefit of shared ownership is acquisition cost. There are many cruise ships on the market in all price ranges sizes ages and conditions. There are many smaller and older cruise ships available for less than one million dollars. At the lower end some smaller cruise ships in fair condition can be acquired for about $250000. At the highest end the biggest new mega cruise ships now cost about $500 million to build.