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Published at Sunday, June 10th 2018. by in Cruise Ship Cabins.

Standard inside cabin. This type of cabin has no windows and is located on the inside corridor. It is usually carpeted and furnished with a telephone TV and air conditioning unit. The standard inside cabins of newer cruise liners includes a refrigerator small vault table loveseat and an Internet access. The bathroom has a shower but typically is small with no tub. It usually has a retractable clothesline for hanging wet garments to dry.

Since all restaurants offer a variety of culinary choices any evaluation of food is influenced not only by personal taste but also by what items are selected from the menu. For example on the first night my wife and I ate at the Manhattan Room one of the ship`s main dining areas. She had a chicken dish which she evaluated as OK while I had scallops which were very good. Like all public areas on the Epic the layout and décor of the Manhattan Room was a tribute to the ship`s designers. Wide open and airy the Manhattan Room had the look and feel of a fine dinner theater. In fact I was somewhat surprised when our dinner host (one of NCL`s executives) informed us that the Manhattan Room was not a specialty restaurant. The other main dining room appropriately called Taste was also extremely well laid-out and pleasing to the eye. At the center of Taste is a beautiful chandelier (claimed to be the largest at sea) that spirals down from the deck above. Although I did not eat in Taste I am told that the menu is the same as the Manhattan Room so I would assume our assessment of the food would have been about the same (i.e. OK to very good depending on the entre` selected and of course personal taste).

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There are actually some savings resulting from living aboard a ship. The ship`s executive chef buys food and kitchen supplies in bulk for the ship and can get better prices than the average shopper. Other savings result from the large freezers and the mobility of the ship giving the food service management the ability to stock up on supplies in countries where prices are low. Some crew and owners may choose to fish for leisure. This can supply some fresh food at even lower costs to the owners. Labor savings are realized when the crew is hired based upon the best global labor rates. The laws of supply and demand drive prices down in some places in the world. Proper ship management can capitalize on these disparities. All the savings would be passed on to the cabin owners resulting in an economical cost of living similar to what you could expect to spend with a conventional home. Ship management should have accounting transparency will all books (financial records) open and available for any owner to inspect. Also ship management should submit all financial records quarterly to an outside auditor for the peace of mind of the owners. Anybody in the chain who spends any of the ship`s operational funds should also be periodically audited. For example a good way to audit the executive chef would be for one or more of the live-aboard co-owners of the ship to go to the food market district of each port of call and they should try to haggle and get a better price for the same food than the price the executive chef was able to acquire. If the executive chef cannot find better deals than the ship`s co-owners then the executive chef should be given his walking papers. The executive chef position is a vital position on a cruise ship. This is a position of trust because he will bill the food he buys to the ship. He must never be tempted to accept bribes from vendors or suppliers. Therefore he should know that he will be routinely audited and any substandard performance will result in termination of his employment.

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.

Let`s look at the numbers on this ship. 100% of the acquisition cost would have been $500000. 1% thus = $5000. One hundred buyers could own one percent each. There are 120 cabins so each co-owner could have a private cabin with 20 cabins left over. However these cabins are a bit on the small side. Every cabin does have a bath and shower but the size is just too small to be comfortable for most people especially if the owners intend to live onboard full time. On a ship this size I would recommend that there be no more than 60 joint owners so each can have two cabins and will have the option of converting those two cabins into a two room suite. To keep the numbers simple lets say that this ship has 50 buyers who each buy 2% of the ship. Buy in cost per owner would then be $10000. If there were only ten buyers then the acquisition cost per buyer would be $50000. $50000 will not buy much of a house on land but on this ship it would buy 10% of a ship like the Vergina Sky and twelve cabins that could be converted into a fairly large home.

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