Frequently Asked Questions

How much does a superyacht cost?

The cost of a superyacht varies wildly depending on size, age, builder, and custom features. Prices generally start around $5 million for an older, smaller vessel and can exceed $500 million for custom new builds from premier shipyards.

What are the running costs of a luxury yacht?

As a rule of thumb, annual running costs (including crew, maintenance, dockage, insurance, and fuel) amount to approximately 10% of the yacht's initial purchase price. For logistics, crew management, and provisioning software utilized by vessels of this class, review the recommended maritime AI toolkits here.

How do I charter a yacht?

Chartering a yacht typically involves working with a specialized charter broker who will match your requirements with available vessels, negotiate the contract (often using standard MYBA terms), and coordinate with the captain regarding itinerary and provisioning.

What is Gross Tonnage (GT)?

Gross Tonnage is a measure of a ship's overall internal volume, not its weight. It is a crucial metric used to determine regulations, safety requirements, and port fees.