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Published at Thursday, June 07th 2018. by in Cruise Ship Cabins.

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.

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.

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harmony of the seas amenities
harmony of the seas amenities

Soothing massage therapies skin and body treatments drawing from European and Eastern principles expert hair and nail services and a full menu of therapeutic treatments utilizing a deep-cleansing facial at the start of the program as well as a series of detoxification and contouring wraps lypo-reduction wrap as well as marine mud and herb wraps. Massage Therapies including: Swedish Massage Shiatsu Massage Deep Tissue Treatment Maternity Massage Therapeutic Foot Massage (Reflexology) French Hydrotherapy Massage.

Do the math. If one hundred buyers pool resources in exchange for a percentage of ship ownership the acquisition cost will be divided by that same number. One percent ownership of a $250000 cruise ship would cost a mere $2500 for ship acquisition. At the other end of the scale one percent ownership of a brand new mega cruise ship would cost five million dollars.

All deck and engineering positions should be filled with an all Ukrainian crew. The ship will realize the most value for the money with Ukrainian deck and engineering staff. The Ukraine has a long maritime history and tradition. Maritime training and standards in the Ukraine are among the best in the world. Ukrainian deck and engineering staff are as good as or better than any other but the cost of their labor is a very good value. The labor for deck officer and engineering staff are governed by international agreements including STCW (Standards of Training Certification and Watchkeeping for Seafarers).

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