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Published at Tuesday, June 12th 2018. by in Cruise Ship Cabins.

There are many decent cruise ships for sale at prices of less than one million dollars that would make good private megayachts. For example take the `VERGINA SKY` is a ship that I have personally inspected and so I can talk first hand about it. The asking price was $750000. Here are the specifics of the ship in a nutshell.

There is a company called Kiteship that has developed and produces kites for racing sailboats. These sailing kites do not require a mast. The kites fly high above the vessel attached by cable and controlled from the vessel. Dave Culp of Kiteship has done a technical feasibility study on fitting a very large kite onto a conventional cruise ship. This would dramatically reduce fuel consumption. It would convert a fuel guzzler to a green machine. This is tantamount to converting a powerboat into a sail boat. The design of a cruise ship limits the amount of sail that a conventional ship can safely accommodate. A cruise ship lacks the ballast of a sail boat. If used in addition to the main engine(s) the kite will increase fuel efficiency. If the kite is used to pull the ship with the main engines shut down the ship`s speed will be reduced substantially. However in this case not only would the ship save IFO (main engine fuel) but also save MDO (generator engine fuel). If the kite were pulling the ship unassisted by the ship`s engines then the propellers could be used to propel the ship`s generators without firing up the diesel generator engines. Even if the ship were traveling very slowly in the water the propellers would turn in reverse if freed from the main engines. This is a very simple and easy task for the ship`s engineer to accomplish. In other words the ship can be pulled by the kite and that motion will push the ship`s propellers providing power to produce electricity and power the air-conditioning without using any fuel. The trade-off is a loss of speed and also some tacking is required further reducing actual speed. What`s the rush? Why not go for maximum fuel savings? The salient point is that a high flying large kite can pull a cruise ship. If I were a co-owner of a cruise ship I would hope to find like minded co-owners who would be receptive to using such state-of-the-art technologies to save fuel.

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bahamas cruise inside
bahamas cruise inside

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 ship`s cabins and would have five votes on operations and management of the ship such as itinerary planning.

The healing therapies include a variety of massages reflexology facials firming and many other body treatments. Plus a wide variety of services and wellness programs specially designed to meet the individual`s needs and desires. A full service salon offers all manner of hair treatments (including a certified colorist) as well as a variety of manicures pedicures and `facelifts` for your hands. Extensive skin care includes: Age Management Therapies including Glycolic Facial Anti-Aging Facial Peel Microdermabrasion; Facials including: Aromaplasty Facial Teen Facial Gentleman`s Facial Nutrisource Facial Regulating Acne Facial Vitamin C Skin Renewal Facial; Body Treatments including: Decleor Sauna Mask French Hydrotherapy Massage Andromeda Salt Glow Mummy Mud Mask Seaweed Body Wrap Safe Sun Treatment Herbal Wrap; as well as various hair and nail treatments.

The asking price for this ship is less than the price for one large apartment on The Magellan. The asking price and selling price are two different prices. This ship could probably be bought for about 11 million dollars. It would be foolish to finish this ship in a Greek union shipyard. It can be economically towed over to the nearby shipyards in Tuzla Turkey. The ship can be finished there quicker and for about half the price and with better craftsmanship. This ship could be bought and finished to a high standard equal to The Orphalese for a total cost of much less than 100 million dollars (maybe even as low as 60 million). It can be finished to order with each residential unit customized to suit its owner(s). The finished product would be a brand new completely modern ship with luxury homes onboard which would be at least as good or better than any on the market. That still seems like a big chunk of change. But this is a big ship and it would easily accommodate 200 luxury residential units and an additional 200 or so conventional cruise cabins like The Orphalese. The average cost of the residential units would be less than $500000. That would mean that the smaller residential units would cost much less than the average price. Also with an additional two hundred (plus) conventional cruise cabins the cabin owners could recoup much of the operating costs and thus virtually eliminate the maintenance fees for themselves. The expense to owners can be less than 10% of the going rates if the buyers did not need to pay some slick promoters and salesmen but just bought the ship directly themselves sharing the actual costs by dividing the ship ownership among the buyers. Why would anyone want to pay ten times as much money to buy and much higher maintenance fees for a similar shipboard residential unit? The only reason I can think of is to impress others with how much money they can afford to throw away. Again the asking price is subject to negotiation. Used ships can be refurbished to look practically new and can be brought up to international safety standards (SOLAS). There are shipyards around the world that can do good quality work at even lower cost than the shipyards in Tuzla Turkey. If a ship is currently lying in Greece (as many are) then Tuzla is the best place to tow it for major shipyard work. The SE shipyards in the Black Sea port of Nikolaev Ukraine offers the best value for the money in that part of the world. The bottom line is that smart shoppers can get good deals even on lavish purchases such as a luxury residential home aboard a cruise ship. I maintain a list of those who have expressed an interest. The list is confidential and will not be shared for any marketing purposes. The purpose of maintaining the list is to facilitate joint ownership directly between buyers without any middlemen or promoters involved.

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