Published at Monday, May 14th 2018. by beky audrey in Cruise Ship Cabins.
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.
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.
If there are many other co-owners of the ship to split the operating expenses of the ship it can be affordable for those with a moderate level of income such as a retirement check. I do have specific operating cost figures but I won`t bore you with that data. The bottom line is that it would not be prohibitively expensive for a middle-class average person to be able to afford to own a fraction of a cruise ship and be able to afford to live on the cruise ship full-time if they elect to do so.
The looming SOLAS 2010 implementation date offers both perils and opportunities. The biggest peril is the possibility that the expense to bring a ship into full compliance with international standards will be greater than the value of the ship. However there is a silver lining in this cloud. This pending SOLAS implementation date has already started to show up as a primary factor in the asking and selling prices of ships on the market today.
My wife and I were in a standard stateroom with a balcony (one of the Category B staterooms on the ship). Upon entering the stateroom we had two initial impressions. First of all the curved walls gave the room a very unique look (unlike typical cruise ship staterooms which are almost always rectangular with straight walls). The second thing we noticed is that the stateroom didn`t have a bathroom... well at least not in the traditional sense. You entered the stateroom through a door between a shower stall and a toilet stall (each with a heavily frosted enclosure). A curtain separated these areas from the main part of the stateroom which among other things included the bed a couch storage closets / cabinets and a sink. The advantage of having the sink outside of the toilet and shower area is that one occupant can use the sink while another is using the shower or toilet (a convenience that you don`t often find in traditional cruise ship staterooms). In addition the unique design of the stateroom provided much more storage space than is typically found in a conventional stateroom of similar dimensions. However despite that I found the stateroom to be very tight (particularly in the cabins that have the bed nearer to the entrance door than to the balcony door) and overall I must admit that I would have preferred a more conventionally designed stateroom configuration or one of the larger deluxe balcony (Category D) staterooms on the Epic).
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