Published at Sunday, June 03rd 2018. by leonda avril in Cruise Ship Cabins.
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.
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.
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.
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.
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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