Published at Tuesday, June 12th 2018. by daniel amoien in Cruise Ship Cabins.
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.
The first obvious benefit of shared ownership is acquisition cost. There are many cruise ships on the market in all price ranges sizes ages and conditions. There are many smaller and older cruise ships available for less than one million dollars. At the lower end some smaller cruise ships in fair condition can be acquired for about $250000. At the highest end the biggest new mega cruise ships now cost about $500 million to build.
I was able to negotiate with the owner John Kosmas and get some concessions. I got the price down to $500000. And at that price he agreed to bring the ship into compliance with SOLAS 2005 and also to include new paint topside. The ship was fairly well furnished even including bed linen but the ship had been laid up for years. Its most recent service was in the Mediterranean and Black Seas. Cruise ships that trade exclusively in the Mediterranean and Black Seas tend to have smaller cabins and fewer amenities than the typical cruise ships that frequent the Caribbean. The bottom line is that this ship was an economy model not a luxury model. When I was inspecting the engine room I asked for the engine log. When I opened it I noticed all the entries were in Greek. I was able to discern some dates and other data that told me when the ship was last in service but I could not read the Greek entries so I handed the engine log back to the ship owner and told him It`s all Greek to me. Being Greek Mr. Kosmas failed to find the humor in that.
Many cruise ships today have standard cabins of similar size and accoutrements with the price differential being the location. The least expensive inside standard cabins on a mainstream cruise ship run from about 120 square feet to 180 square feet. Since most cruise ships are relatively new or have been refurbished the cabins usually are tastefully decorated with twin beds that can be pushed together to make a queen-sized bed for couples. The cruise staterooms have wall-to-wall carpeting individually controlled air conditioning/heating dresser or storage space closet telephone and satellite television. The television usually has news sports local on-ship channels for broadcasting information on shore excursions or from guest lecturers and movies.
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.
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