Published at Monday, May 14th 2018. by leonda avril in Cruise Ship Cabins.
Operating a cruise ship is expensive. The expenses include the cost of fuel labor maintenance repairs spares food port charges insurance technical management shore management registration and the other costs of operating the ship. At first glance these costs may seem expensive but in reality the cost of living at sea is actually a bargain considering what you get based upon what you pay. The best value does not always translate to the cheapest price. If the ship is well managed the management will seek the highest quality goods services and labor at the very best global value. If the owners are dissatisfied with either technical or shore management they replace them.
There are some other figures that must be tabulated into the total cost of ownership. Acquisition cost is first and foremost. The next figure is the cost to put the ship in service. On an older ship this cost may be higher than the acquisition cost. On the other hand the cost to put a ship into service can be much lower if you were to get a good deal on a ship that already meets the international standards for ship safety especially SOLAS (Safety of Life at Sea). Maintaining compliance with Chapter II SOLAS 74 amendments is cost prohibitive for some older ships and they are typically scrapped instead of being refurbished at great expense. There is a very important SOLAS implementation date coming up on January 10 2010. On that date all commercial international ships will be required to be in compliance with the new fire safety codes. The most important new codes deal with the use of combustible materials in the ship. It will be expensive to replace all combustible materials in ships with non-combustible or flame resistant SOLAS compliant materials that meet the new safety standards. This will result in many ships being sold for scrap metal.
It may be hard to believe but the show by the Blue Man Group actually exceeds NCL`s hype! It was the most unique (... yes I`m using that word again... ) and professional act I`ve seen on any cruise ship. Thoroughly funny and entertaining I would rather see that show night after night than to sit through some of the same old Broadway song-and-dance shows I`ve seen on so many other cruise ships. The Blue Man performance was in the ship`s main theatre which considering the size of the Epic was relatively small (with a seating capacity of under 600 people). However despite that fact the theatre was not packed because consistent with NCL`s concept of Freestyle Cruising the Epic was designed with multiple entertainment venues each offering a different show.
After acquiring the ship it will require some more investment to put it into service. At this point the joint owners will need to reach some agreements on many points. The cost of putting a cruise ship into service as a megayacht (very large private yacht) is much less than putting the ship into commercial service. However if you can afford to buy a ship can easily meet SOLAS 2010 requirements and can afford to flag and register it as a commercial ship then you can use the ship commercially to produce income and ROI (return on investment).
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.
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