Operating a cruise ship is expensive. The expenses include the cost of fuel labor maintenance repairs spares food port charges insurance technical management shore management registration and the other costs of operating the ship. At first glance these costs may seem expensive but in reality
Before becoming a joint owner it would be imperative to find other people who have similar goals. I would suggest composing a preliminary DCCR (DECLARATION OF COVENANTS CONDITIONS AND RESTRICTIONS). You can do this before you even shop for a ship. Write your version of
If there are many other co-owners of the ship to split the operating expenses of the ship it can be affordable for those with a moderate level of income such as a retirement check. I do have specific operating cost figures but I won`t bore
On paper it seems to make good sense to man the ship with a Philippine crew. I love the Philippines. I have been there several times. English is still widely spoken and usually spoken quite well. The people are usually friendly and happy to see
Unlike fractional ownership of aircraft and houseboats fractional owners of a cruise ship can all use the ship simultaneously. There is plenty of room for you and the other owners to live on the ship any time you want or all the time. You can
While onboard one of NCL`s executives asked me what I thought of the ship and what type of client it would be best suited for. Without hesitation I responded that the Epic would be most appreciated by the client who has been on many cruise
Location of the cabin regardless the size is very important. How close do you want to be to the upper deck? Do you have children who will be hard to travel up and down flights of stairs with every day? Where is the cabin in
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
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