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Expedition Yacht - Charter Market??

Discussion in 'General Yachting Discussion' started by vwDavid, Mar 19, 2013.

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  1. vwDavid

    vwDavid New Member

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    Although I am relatively new here I have been keenly reading about hybrid yachts and expedition hybrid yachts as this style tickles my fancy the most. I can honestly say that the EP69 Horizon review really revved this up and it was nice to view their larger offerings.

    Given the proper luxury appointed expedition yacht (say 110-150 ft, ~4000 nm range, room for 10 guests and 6-8 crew and supplies for minimum 2 weeks, but preferably 2 months)

    Does anyone here think there might be an untapped market for around the world expedition cruising on a super yacht? The yacht would not typically be chartered for 1,2,or 4 weeks to a single party (like a Med charter, although it could be booked out by a party) it would more likely be chartered on a per person or couple rate of about $5000/pp/wk - most likely 2 weeks at a time. This pricing is about half of the typical Med charter (to open up the appeal and demand) as there would be a bit more 'rougin-it' - well as rougin' it as your can get on a super yacht.

    An around the world itinerary would be set at a fairly slow pace (~200 nm wk when coastal cruising) and chartee's would book in for weeks on legs of the tour they are interested in. Air travel would not be part of the deal and arranged by the chartees. Yes there would be a fair amount of background details to arrange.

    But in a general sense, I cannot find any operators doing this. Perhaps there is no demand, or perhaps there are no charter operators doing this.

    The port fees and cruising fees could be significant. I wonder how best to flag that sort of vessel.

    Any comments from the professionals here on this A-T-W idea?
  2. AlfredZ

    AlfredZ Senior Member

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    Hi there,

    There are mini-cruise-ships that operate such a service, mostly those working the Arctic or Antarctic. Many have the amenities and services of mega yachts, BUT, since it is a per passenger charge, it is cheaper than a mega yacht, because you are not paying for privacy or able to choose other passengers!

    Many charter yachts will go where you want them to go if you will pay the charge! People choose them over cruise ships just for the sake of privacy, open itinerary that changes according to their mood, seclusion as desired and so on. That your project, in my opinion, can not accomplish, and you can check the mini cruisers and compare them to private yacht charters.

    Cheers,

    Alf
  3. vwDavid

    vwDavid New Member

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    Thanks Alfred. I did some additional looking and so far the only charter poping for me is this one, and it looks pretty interesting (price vs. capability)

    VvS1 Luxury yacht - Alloy Yachts


    What do the experienced cruisers here think of my global cruise route?
  4. Capt J

    Capt J Senior Member

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    Generally the expedition yachts in most places don't do well as charters. They're not sexy looking like the large motoryachts, aren't fast enough since the charterers are only on board for a week. etc etc....
  5. Viceroy

    Viceroy Member

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    Without knowing the times of year of your suggested cruise, I feel you're missing out of one of world's greatest areas...the inside passage from the Seattle area then up through the San Juan and Canadian Gulf Islands, all the way up to Alaska. Even if you didn't do the whole route, the islands straddling the 49-th, and the "inside passage", as the name implies, is great for guests not comfortable with the action of ocean passages. Cheers, Richard.
  6. Opcn

    Opcn Senior Member

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    It is one of the most beautiful parts of the world, which is why you find a thriving charter market up here (well, actually that area is well south of me) I'm not sure how many make journeys up and down, rather than picking a hope port and poking around, but there are independent charter boats and some associated with hotels/resorts/travel packages. I think it's a less well known market in part because it's just a much smaller market (folks from down south are advised to bring their winter gear in the summer, even though I'm roasting in t-shirt and shorts there are people who need a down jacket). Also it's less sexy (rich men want their trophy wives to be next to naked, and trophy wives typically come from places where they can show of their stuff, being next to naked). An Alaskan harbor will have a handful of charter yachts, typically for sport fishing, and then a whole fleet of commercial fishing boats and working boats. Also it doesn't get a whole lot of space in the yachting press, who just pulled in the Ft. Lauderdale or Gibraltar is easy to cover and interesting, who just pulled into Sitka is going to be a pain to observe and report.
  7. Viceroy

    Viceroy Member

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    Well, OPCN...if you're in Alaska but seems haven't experienced the middle of the Inside Passage, it is there! The charter yachts, expedition and otherwise, frequent these waters, May thru Sept. (okay, July/August preferred), many based in Seattle and Vancouver, B.C. Given the right party and the right vessel, I could plan a month-long itinerary and never get beyond Prince Rupert with very few duplicate nautical miles in a round trip. Plus, include anchorages of sublime beauty, privacy and modestly warm/swimable waters. Let the fish killers do their sport(?)...I fish with (trading) a case of beer or bottle of spirits to local commercial fisher-folks. :) Cheers, Richard.
  8. Opcn

    Opcn Senior Member

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    I'm from Alaska, born and raised. I've never been down the inside passage though. I stick to the railbelt and kodiak.
  9. Marmot

    Marmot Senior Member

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    That might change the game from the current fiction of a "guest" on a charter yacht to that of a small passenger vessel owned by a company that sells tickets for a berth on a voyage. As soon as the "yacht" category is left behind the licensing, manning, and operating rules change dramatically. There aren't many areas a "yacht" carrying "guests" can operate and remain in compliance with the rules that allow commercial use.

    Maybe a legal expert who knows the charter laws can chime in but I don't think multiple independent entities (passengers) can each charter the same yacht at the same time.
  10. K1W1

    K1W1 Senior Member

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    Hi,

    While 6 -8 crew might be able to provide the top end care that "proper luxury" suggests at 110 ft that will certainly not be the case on a 150 ft vessel.
  11. vwDavid

    vwDavid New Member

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    Thanks for the comments gents. Very eye opening.

    Yes, the inside passage is in my neck of the woods, home turf as it were, so that is why it was left off the voyage.

    I was not aware of the charter and licensing nuances so thanks for jerking me into reality.

    And finally, i didn't think K1W1 would even venture into this post, but as always thanks for your wise but terse comments. I know nothing about how much crew is required.

    My hope was to live in the owners suite and participate as crew. This is akin to admitting this whole thing is a dream. But, thanks for the reality checks. Dreams have to start somewhere right?