Why Charter?

Conservative estimate annual expenses 100ft charter yacht

Above yacht has permanent crew members and is in full management.

The yacht has a dock rented year round, has a tender and a jet ski is well maintained and full ISM

Fixed annual expenses:

Insurance charter yacht over $1,000,000 annual/12= $14,000/12=$1,167 p/m

Dockage annual $30,000 annual/12= $2500 p/m

Crew permanent $120,000 annual/12=$10,000 p/m

Estimated maintenance costs $24,000 annual/12=$2,000 p/m

Total fixed annual expenses: $200,000 annual/12= $15,667 p/m

Flexible expenses per charter:

Fuel estimated at 50G included at a bulk average cost price of $3.80 p/g per charter $190

Extra crew for charter at $150 per day per charter $150

Total flexible expenses per charter: $340

Charter costs:

Total fixed annual expenses $100,000 divided by estimated 80 charters make $ 2,350

Total flexible expenses per charter $ 340

Total net charter price: $2,690