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Dream Yacht Blog

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Wikipedia About Luxury Yacht

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History

This term began to appear at the beginning of the 20th century when wealthy individuals constructed large private yachts for personal pleasure. Examples of early luxury motor yachts include M/Y (motor yacht) Christina O and M/Y Savarona. Early luxury sailing yachts include Americas Cup classic J class racers like S/Y (sailing yacht) Endeavour and Sir Thomas Lipton's S/Y Shamrock. The New York Yacht Club hosted many early luxury sailing yacht events at Newport, Rhode Island, during the Gilded Age.

Today

More recently, over the last decade or two, there has been an increase in the number and popularity of large private luxury yachts. Luxury yachts are particularly bountiful in the Mediterranean and Caribbean Seas, although increasingly luxury yachts are cruising in more remote areas of the world. With the increase in demand for luxury yachts there has been an increase custom boat building companies and yacht charter brokers. Luxury boat building and yacht charter companies are predominantly based in the United States and Western Europe but are also increasingly found in Australia, Asia and Eastern Europe. European manufacturers such as Ferretti, Azimut, Azimut-Benetti, Feadship and Lürssen dominate the very top end of the yacht building market.

Charter

Some yachts are used exclusively by their private owners, others are operated all year round as charter businesses, and a large number are privately owned but available for charter part time. The weekly charter rate of luxury yachts around the world ranges from a high of Euro 661,500.00 (M/Y Annaliesse) to around Euro 20,000.00. Expenses of approximately 25-30%, such as food, fuel, and berthage are charged as an extra as well as a customary 15-20% crew gratuity for good service. The luxury yacht charter industry functions effectively because private yacht owners mitigate their running costs with charter income as well as keeping their yachts and crew in top running order. Conversely, private charterers charter yachts (rather than owning them) because it is generally considered to be less expensive, and less hassle, than owning a yacht and it also provides them with extra choice related to yacht type, location and crew.

Design & Layout

Yachts from 23 metres (82 feet) and up qualify for design awards from the Superyacht Society,

  • Lower deck: exterior swimming platform at the stern; four (sometimes five) guest cabins with en-suite bath or shower rooms aft; engine room amidships; crew quarters forward.
  • Main deck: sheltered exterior deck aft leading into the salon; dining room and galley; entrance amidships; owner's suite forward, usually includes either a study or a second twin stateroom.
  • Upper deck: exterior deck aft, often used for outdoor dining; second salon (often called the sky lounge); staffed bar inside or outside or both; sixth stateroom will be amidships if it is not on the lower deck or part of the owner's suite; gym (may also be on the lower deck or part of the owner's suite); captain's cabin; bridge.
  • Sun deck: on the roof of the upper deck, often features a jacuzzi.

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News about Luxury Yacht

Sultan Bin Tahnoon Opens Mega Million Abu Dhabi Yacht Show

Yachting and Boating WorldThe epitome of luxury afloat went on show in Abu the capital of the United Arab Emirates today, when His Highness Sheikh Sultan Bin Tahnoon Al Nahyan, Chairman of the Abu Dhabi Tourism Authority (ADTA) officially opened the first Abu Dhabi Yacht Show (ADYS) and toured its multi-million dollar marina flotilla of SuperYachts.http://www.ybw.com/auto/newsdesk/20090212141328syw.html

Madoff Reveals $823m Life Of Luxury

Sin Chew Jit PohNEW YORK: Court documents show that Bernard Madoff and his wife Ruth lived a life of high luxury, with exclusive homes, yachts and other assets worth $823 million.http://www.mysinchew.com/node/22208?tid=5

Madoff reveals $US823 million life of luxury

The West AustralianCourt documents released on Friday show that Bernard Madoff and his wife Ruth lived a life of high luxury, with exclusive homes, yachts and other assets worth $US823 million ($A1.26 billion). Thehttp://www.thewest.com.au/default.aspx?MenuId=3&ContentID=13...

Yacht Charter Croatia Magnum Nautica News

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Madoff reveals $823 million life of luxury

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Circle Line

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Developed countries push back vs. pirates

MSNBCEU defense officials say the best they can hope for is to deter the pirates, whose prey has included merchant ships, aid vessels and even a cruise ship and a luxury yacht. But with many in Somalia driven to desperation because of violence at home and ... http://www.msnbc.msn.com/id/27020327/

Is Bling Over?

Huffingtonpost.comFrancesco Trapani, chief executive of Bulgari Group, is cutting back on the fixed costs of his jet-setting lifestyle. The jewelry, luxury-goods and hotel magnate recently sold his 137-foot yacht, the "Christianne B," and he's holding off on buying ... http://www.huffingtonpost.com/2008/10/09/is-bling-over_n_133...

Pirates Seize Ship Off Somalia, Release Another

Post ChronicleSeveral have been released on payment of a ransom and one luxury yacht was liberated by French commandos. "A Panama-flagged ship, Wail, was hijacked Thursday night between Socotra Island and Bosasso," said Ali Abdi Aware, state minister for northern ... http://www.postchronicle.com/news/breakingnews/article_21217...

Pirates capture ship off Somalia

Al Arab OnlineSeveral have been released on payment of a ransom and one luxury yacht was liberated by French commandos. Ali Abdi Aware, state minister for northern Somalia's semi-autonomous Puntland region said a Panama-flagged ship, Wail, was hijacked on Thursday ... http://english.alarabonline.org/display.asp?fname=2008\10\10...

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Cocaine found on yachtA luxury yacht packed with around £572 million of cocaine has been seized off the Irish coast. The Dances With Waves yacht was towed ashore under armed guard and has been handed...Flash - Video

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Answers for Luxury Yacht

Christopher SWhat would I need to do to become a Captain for a luxury yacht?Christopher SIf you currently do not have a license and are interested in becoming a “Charter Boat Captain,” you can achieved this goal by obtaining a variety of licenses, as detailed below. General Require...Peter JWhere can I find a luxury yacht charter in Hawaii?Peter JHi There are absolutely loads of good charter companies on Oahu I have attached links below, You can also do good dinner cruises on some really spectacular boats which tend to leave from Aloha Tow...BernieI want to start up a luxury yacht charter company in Greece. Where can I get help?BernieYou have to have backing by wealthy people who will spend the $$$, let you do the leg work and you all share a legal contractual split of the profits. Given the right backing, company start up and ma...stevemdfwtxWhere are ship tracking units generally placed on a luxury yacht?stevemdfwtxIt's no secret they are mounted in the bridge alongside all the other electronic gear, and maze of wires and antenna. In today's world, it's almost impossible to get very far in a boat without someon...fasheehudeenTaking a 64 foot Luxury yacht Crusing around Palm Jumeirah to Palm Jebel Ali with 10 -15 friends, hows d idea?fasheehudeeni think its a amazing idea. you can have a vacation in dubai and its actually the best time of the year.. and btw your friends can help you pay a amount of money. Good Luck :)
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