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Published at Wednesday, June 06th 2018. by in Cruise Ship Cabins.

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.

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.

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harmony of the sea activities

SOLAS 2010 also offers a tremendous opportunity for those who may prefer to have a very large houseboat instead of a commercial ship. Ships that are not in compliance with SOLAS 2010 are now selling for a song (inexpensively). A cruise ship can easily be converted into a megayacht with the stroke of a pen. Privately owned yachts not in commercial service and not carrying passengers or cargo for hire are exempt from many of the SOLAS requirements. Operating costs are also lower for a private yacht. It cost less to register flag and insure a private yacht. Megayachts can be flagged and classified for unlimited service. That means that a megayacht can go practically anywhere you want it to go. There is one major drawback to registering a cruise ship as a private yacht. You cannot use the yacht commercially. This cuts off a potential revenue source.

Ship fuel is cheaper than automobile fuel for a few reasons. There are no road taxes on ship fuel of course and also it is different fuel. Ships main engines usually run on IFO180 or IFO380. Generator engines tend to be more finicky and commonly require diesel (MDO) which is still cheaper than automotive diesel. IFO 180 and 380 costs much less than MDO usually about half the price. Ships consume a lot of fuel. So fuel cost is a major concern. I have some suggestions. If I were a co-owner of a ship I would be willing to invest a little more in the ship to increase fuel efficiency and thus lower operating costs. There are many things that can be done to increase fuel efficiency. I would start with hull resistance. There is a new silicone-based paint from International Paints that when applied to the hull reduces amount of resistance in the water sufficiently to result in a 3 to 5% decrease in fuel consumption. A similar coating for the propellers also has been proven to increase fuel efficiency.

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.

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