Published at Thursday, June 07th 2018. by noah seihan in Cruise Ship Cabins.
For comparison purposes it is noteworthy that you have expenses in land based housing too. Those expenses include property taxes homeowners insurance maintenance and repairs yard care and utilities. Additionally you have transportation costs and of course food costs. Most people also spend money on entertainment too. When these expenses are added up the maintenance fees for living aboard a ship are comparable.
At 153000 tons with a passenger capacity of 4100 (based on double occupancy) the Norwegian Epic is by far the largest ship in the NCL fleet. In fact with the exception of Royal Caribbean`s Oasis of the Seas (which was launched in December 2009) NCL`s Epic is among the largest cruise ships at sea. It is also one of the most uniquely designed cruise ships that I have ever been on (... and I`ve been on quite a few). In most cases that uniqueness is a very positive attribute which reflects the thoughtfulness and attention that the Epic`s designers must have paid to maximizing the use of space to achieve a much bigger wide-open feel to all of the ship`s public areas. And the way that one area just seemed to flow into the next (without the cookie-cutter rigidity sometimes found on cruise ships) was truly remarkable. But in a few areas I did not perceive the unique design of the ship to be an advantage. For instance the exterior shape of the ship seemed a bit odd to me. The bow is somewhat stubby-looking and the stern is squared-off so that the ship does not have a sleek appearance from the outside. Adding to the irregular look is a massive 3-deck appendage that was seemingly plopped on top of the front section as an afterthought (or more likely to further maximize the ship`s interior space). Obviously the ship`s designers had to make some trade-off`s to accomplish everything they did inside the ship and after all from a passenger`s perspective the interior design is far more important.
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.
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.
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.
Any content, trademark’s, or other material that might be found on the tntperformancedyno website that is not tntperformancedyno’s property remains the copyright of its respective owner/s. In no way does tntperformancedyno claim ownership or responsibility for such items, and you should seek legal consent for any use of such materials from its owner.
Copyright © 2018 tntperformancedyno. All Rights Reserved.