Sponsored by Bespoke Yacht Charter
‘How long is a piece of string?’ is the quick answer to this question. The variation in charter yacht pricing and facilities is simply breathtaking, with crewed motor yacht charters on the French Riviera beginning at around €20,000 per week for smaller yachts, and soaring stratospherically upwards to over €1 million per week for the finest megayachts - complete with helipads, elevators, beach clubs, and infinity pools.
It’s fair, then, to say there are some gaps in pricing and facilities. And in those gaps lies your opportunity to join the superyacht set. You may have to sacrifice the infinity pool, but you don’t have to sacrifice the dream.
With more superyachts joining the charter fleet every year, yacht charters are more affordable than ever before. And once you factor in sharing the cost of your charter with a group of family and friends, yacht charter at the small to medium motor-yacht range becomes financially comparable to other luxury holiday options on the French Riviera such as high-end hotels, villas, and cruise ships. And when it comes to experiences…well, luxury yachts win that contest hands-down.
Yet there’s still a great deal to know before booking your first charter yacht. Yacht charter costing is not as simple as paying the weekly charter fee and cruising off into the sunset. Just like other holiday options, there are extras to pay such as food and beverage costs, as well as yachting-specific costs such as fuel and berthing fees.
There are also some great free inclusions, and ways to save yourself money— if you’re clever about it. Your charter broker will be able to take you through all this in greater detail, but it's nice to have an idea beforehand about average pricing and what you get for your money.
So it's time to ask yourself what's an entry level yacht, what you will get at difference price points, what's included, what are the hidden costs and how you can reduce your outlay. Thankfully Bespoke Yacht Charter has answers to all of these questions.
A superyacht, by most definitions, is any crewed leisure yacht over 24m, or 78 feet. But don’t get too hung up on length, as there are some luxurious and attractively-priced yachts in the 18-24m range too, and this is where many first-time charterers choose to start their yachting journey.
Size and price ranges: What can you expect?
The descriptions and prices below are guidelines only, and modelled on motoryachts rather than sailing vessels, which tend to be cheaper.
18-24m: In this size range you’ll usually get 3 luxury cabins sleeping 6 people, although some have 4 cabins sleeping 8. Many of the yachts in this sector are sporty yachts with modern interiors which can streak down the Riviera coastline in a blur of speed and fun, but there are also a few older displacement yachts in this fleet too, with bigger interior volumes, two decks, and a more classic luxury yachting feel.
What you prefer is entirely up to you. Where the sport yachts have the speed, displacement yachts have stability. Yachts in this size range will normally have 2 to 3 crew, including a captain, chef and/or stewardess. This range of yachts normally charters out in the €18,000-32,000 per week range, although this figure can be higher for newer yachts with certain facilities or a particularly strong brand name.
24-30m: In this size range you'll generally have 4 cabins accommodating 8 guests, although some yachts will also have a fifth cabin. Again, there is a mix of sport yachts and displacement yachts in this sector, although the displacement, two-deck yachts become more common in this range.
Expect larger deck and interior spaces, as well as the appearance of special features on the newer yachts, such as drop-down balconies and swim platforms. These yachts normally run with 2-4 crew. Yachts in this size range can vary quite dramatically in price based on their size, age and facilities, but an average estimate runs between €30,000 and €60,000 per week.
31-40m: This size range has an incredible amount of variation. As the yachts move towards 40m, you''ll find the first tri-deck yachts, with onboard Jacuzzis, an upper and lower salon and swim platforms. There are also quite a lot of older superyachts in this range, so you may get some fantastic bargains on classic motoryachts which have been refitted.
In the 30-40m range you'll often have 5 cabins for 10 guests, and 'cabins' become 'staterooms', with more space and amenities. Generally yachts in this range have all of their guest accommodation on the lower deck, sometimes with split-stairwells to give privacy to the master cabin or for shared family charters. Some yachts will have the master stateroom on the main deck- an extremely attractive feature.
You can generally expect 4-7 crew, and a much larger selection of water-toys and onboard equipment, due to larger storage space. As you can imagine, pricing varies hugely in this sector, beginning at around €35,000 per week and ranging up to €150,000.
41-50m: We've talked about price variation before, but in this sector there's the biggest range of all. For many years, the richest people on earth had yachts in this size range- and many still do, despite being able to afford much larger yachts.
The 40-50m size range is extremely attractive, as you'll find main deck master suites which stretch the full beam of the yacht, often complete with offices and huge bathrooms. At the upper end of the range, you'll frequently find a VIP stateroom on the upper deck, as well as four staterooms on the lower deck, bringing guest capacity to 12.
Sundeck Jacuzzis are fairly standard at this level, and the tri-deck yachts will offer three or more exterior dining and entertaining spaces. There are also classic yachts in this size range that can present good charter opportunities. 40-50m yachts will generally run with 7-12 crew, providing an exceptional level of service, and charter out from anywhere from €75,000 to the high 200,000s.
50m+ In this range you take all the wonderful features of the 50m yacht, and start adding to them. A private owner's deck is relatively common, as are tender garages with a wealth of watertoys and boats. Gyms are a popular addition, and elevators start becoming a feature too.
Over 65m is where you generally start to see helipads, beach clubs and cinemas, as well as the occasional onboard spa. Yachts over 70m take things even further, with all of the above, plus infinity pools, split-level master suites, and dance floors. We can dream, can't we?
100m+ enters the realm of the small ship, with swimming pools, huge suites, and sporting courts. Crew numbers start at around 12 for over 50m, rising to around 20 in the 65-70m range, and can go as high as 50 crew for the 100m+ yachts. As for the cost? If you have to ask, you probably can’t afford it. On average, 60m+ will be around €400,00 per week, rising up to around a million.
Things to consider
One important thing worth noting is that large yachts normally also only accommodate 12 guests, as this is the general passenger license for luxury yachts. The exceptions to this rule are those rare yachts which have a commercial passenger license, such as the very large megayachts or, more affordably, expedition yachts which were converted into luxury superyachts from commercial vessels. There are some good bargains to be had on these large expedition yachts if you have a larger group, so ask your broker for recommendations.
You may also find that there are some huge differences in charter prices that can’t be easily explained by the age of the yacht or even the onboard facilities. This is where your charter broker’s expert industry knowledge comes in, as these pricing discrepancies may come down to different brands of yachts or the names of certain designers. Your broker will be able to explain why a yacht commands a certain price.
What's included in the charter fee?
Quite understandably, many first-time charterers think that their charter fee covers all costs, but unfortunately that’s not the case. Your charter fee includes the use of the yacht and its facilities and watersports for the week, the professional crew, including captain, and chef/stew for the smallest yachts, ranging up to large crews with specialist skills such as watersport instructors and masseuses.
Your charter fee covers crew salaries and their food, but not tips, which will be covered in the next section. These days, almost all charter yachts have Wi-Fi and advanced entertainment systems with movies, music, and games onboard. As far as value goes, you have a luxury hotel to yourself, with a private staff entirely dedicated to your group and no-one else, free watersport usage and instruction, and your ‘hotel’ takes you wherever you need to go. No need for spending time in summer traffic or moving hotels from one end of the Riviera to another!
What's not included in your charter fee?
Just as you’d pay for food and other extras on a hotel or villa holiday, a charter yacht vacation comes with extra costs. None of these expenses are hidden as they’re very clearly stated in the charter contract, and your charter broker will explain them to you in detail before booking.
At Bespoke Yacht Charter, we’re not in the business of luring you in with a low price and then signing you up for a vacation that will pressure your finances. We want you to remember your first yacht charter forever - for all the right reasons.
Charter agreements can vary, but the following items are normally not included in your charter fee: fuel costs, including fuel for the generator, yacht tender and watertoys such as jetskis, berthing fees, as well as any shore power or water you use in the marina. French Riviera charters have 20% VAT applied to the charter fee. This can be reduced by entering international waters, a cruise to Portofino, Corsica or Sardinia for example.
Food and drink. All meals, snacks, alcohol and soft drinks are charged. Water on yachts is not drinkable, so bottled water is also extra. Other consumables. Some yachts charge for consumables such as sunscreen and toiletries.
While tipping is not compulsory, it is industry standard, with a recommended rate of 5-15% of the charter fee, which is given to the captain and shared between the crew evenly. (You may never see the yacht’s engineer, but you may not get far without them…)
Most contracts will include a provision to say that if damage is caused to the yacht where the client is at fault, the charterer will be liable. A common issue on yachts is damage of teak decking and furniture due to unsuitable suntan oils, and cleaning or replacement fees of linen due to heavy waterproof makeup that the crew cannot launder successfully onboard.
Communication costs such as the use of satellite phone and sometimes internet. Any other incidental costs, such as getting masseuses to the yacht on your request, newspapers and magazines, or buying fresh lobster from the fishermen who come to the back of the yacht.
Delivery fee. If you are not chartering in the yacht’s normal cruising ground, you may have to pay delivery costs for the yacht to arrive in the area for your charter. This would be uncommon in the case of French Riviera charter yachts.
How does the money work?
When you sign a charter contract, you’ll be asked to give a 25-30% deposit to the broker called an Advance Provisioning Allowance (APA), which will be forwarded to the yacht so that the captain and crew can stock the yacht with food, drink, and fuel before your arrival, as well as pay for berthing fees and other up-front costs.
The captain keeps the APA for the duration of the charter, and will present an extremely detailed account at the end of the charter, and refund any monies not used. You are also able to get daily updates on your spending. Overall, the average cost of extras on your yachting holiday is between 25 and 50% of the charter fee, depending on how much you’re pushing the boat out (or what kind of bargain you found on the base charter rate!).
How to reduce the cost of your yacht charter holiday?
Looking at the list of extras may seem daunting, but there are many ways you can reduce your spending on a charter yacht holiday if you need to.
A sailing yacht can slash your fuel bills (for obvious reasons), while a fast, sporty motoryacht expends a great deal of fuel, but covers a lot of ground fast. If you’re looking to economise on fuel costs but want a motoryacht charter, look for a full-displacement yacht with a cruising speed of around 10 knots, which is a wonderful speed to float along the Riviera: you’ll easily be able to make it from Cannes to Saint Tropez for lunch at this speed.
Also remember that the yacht’s electricity will run on generator fuel at anchor, and on shore power if tied up to the dock. Bigger yachts cost more to run. And don’t forget to factor in the fuel for the tenders and motorised watertoys. Sometimes a slightly bigger yacht will work out more economically because it has an extra cabin, so you can increase your group numbers and push down your spend per head.
If you want a fabulous yacht with all the trimmings but are loathe to pay high season rates, consider chartering on the French Riviera in May, June, September or October, when charter rates drop dramatically and there are some splendid deals to be had. Weather-wise, June and September can be particularly lovely, while May and October weather is more variable but often still superb.
Marina fees on the Riviera can be expensive in the summer, but again, there are ways to minimise or even totally avoid this expenditure. There are stunning anchorages along the Riviera from Cap Ferrat along to Saint Tropez, so unless you are determined to go into port for the night, you can really reduce the cost of your yachting vacation by anchoring off. There are also lesser-known marinas that don’t charge quite as much for berths, so speak to your broker about planning your itinerary around reducing berthing costs. Also, remember that berthing rates are calculated on yacht length, so smaller yachts cost less.
If you leave your requests for food and drink until the last minute or don’t fill it out at all, the chef will almost certainly have to depend on a specialist yacht provisioner to source and deliver the supplies to your yacht when you make requests. If on the other hand you send your provision sheet in with plenty of time to spare, the chef should have time to provision at major supermarkets, wine merchants, fishmongers and markets, thus taking out the middleman and reducing your bill significantly.
Also, filling out your preference sheet gives you some control over how much the chef spends - ie, if you say your favourite foods are lobster and caviar and vintage champagne, expect to see a hefty bill at the end of your trip. Eating onboard the yacht is still far cheaper than eating in restaurants as you would on a conventional holiday (and you have a private chef creating exactly what you want!) But don’t fall into the trap of thinking the food is free- there’s no such thing as a free lunch, on yachts or anywhere else!
So, can luxury yachting be a cheap vacation option?
Well, no. If superyacht charter becomes dirt-cheap, it simply stops being super. The luxury is what you pay for. But as more yachts join the charter fleet, superyacht charters become more affordable than ever before, and compare favourably with other luxury travel options on the French Riviera.
A Cote d'Azur yacht charter doesn’t have to cost as much as you fear, as long as you make the right choices. Get in touch, and we’ll help you do just that. We know not everyone’s made of money, but we believe that chartering a yacht on the French Riviera is one of the great experiences of life, and not as expensive as you might think.
Dutch builder Moonen Yachts has announced successful joining of the hull and superstructure of the latest Moonen Martinique superyacht. Currently under construction in the Netherlands, the 36-metre YN199 is available for sale, and is on track for a Summer 2020 delivery.The 36-metre motor yacht YN199 is the second yacht built on the semi-custom Martinique platform. She features exterior design from René van der Velden, with naval architecture undertaken by the Dutch experts at Diana Yacht Design in collaboration with René van der Velden. The London-based Studio Indigo is responsible for her sophisticated interior design.Following the keel laying on 14th December 2018, the second hull in Moonen’s Martinique line, the 36-metre motor yacht follows the delivery of her award-winning sistership, Brigadoon, in summer 2018.YN199’s Project Manager, Nicky van Zon, comments on the latest construction milestone: It’s no secret that Moonen has faced a challenging period over the past few months. Regardless, we’ve worked hard to ensure that project delays have been kept to a bare minimum. We’re all extremely proud that we have been able to reduce the delay in the construction of YN199.On-board, the yacht accommodates up to 12 guests across a six cabins, as well as a crew of seven. Her interior design concept remains flexible to allow prospective owners to customise it to personal style and taste. Still, special consideration has been already given to maximising internal areas to enhance a sense of space and ease of movement.Regarding her technical features, the yacht has a high-tensile steel hull and an aluminium superstructure. Reduced construction weight results in a maximum speed of up to 16.5 knots, lower fuel consumption and low noise and vibration levels for comfortable cruising around the world.Following delivery next summer, YN199 will be on display at the 2020 editions of the Cannes Yachting Festival and Monaco Yacht Show. At the moment, Moonen also has one more 36-metre steel and aluminium yacht under construction. Noteworthy, the yard filed for bankruptcy protection with the Dutch court this summer. Later, it has entered into a new ownership under an Australian couple, Matthew and Louise Baxter.
November 15, 2019
Brokerage company SuperYachtsMonaco has presented a new futuristic superyacht concept Project L by French designer Thierry Gaugain. Known for collaborations with Philippe Starck on several yachts including M/Y A, S/Y A and Venus, he is now presenting his solo 120-metre project. Project L will accommodate an indoor and outdoor cinema, nemo room, beach club, spa, gym, live performance area, dive centre, polar gear room, pools and a tender drive-in garage. Designer Thierry Gaugain, working on this project, did not limit himself to established frameworks. For example, it seems that the ship is generally devoid of windows, but this is not so. The area of glazing is actually large, just glass with one-sided visibility.Project L has a focus on sustainable yachting and will be powered by a diesel-electric hybrid propulsion system with azimuthing thrusters fore and aft. She will have an impressive 10,000 nm range at 12 knots and a high capacity waste management system to support her autonomy.She is also designed to be silent on the water. Her original naval architecture allows stable gliding through the water. Her low drag and seamless lines are to ensure best levels of low noise and vibration.Furthermore, Project L will feature a retractable ballast – like a sailboat keel – to adjust stiffness, roll time, feel and stability according to conditions, swell and wind direction when at anchor.Guest capacity of Project L is flexible, depending on her owner's needs. She can accommodate 12 guests with 40 crew plus staff, but it’s possible to expand this up to a maximum of 36 guests and 50 crew.The yacht's interiors will be well-lit, as lots of natural light can flood in. Her lighting system will mirror the hue of natural light as the day passes, promoting wellness and calm on board.The exteriors of Project L will be linked to the interiors by one-way glass which reflects the seascape. Her only exterior light will run the length of the yacht, which can change colour to transform the reflections or her nighttime silhouette. A futuristic concept is now exclusively for sale with SuperYachtsMonaco.
November 15, 2019
At the recent Monaco Yacht Show, a leading British yacht builder Sunseeker has revealed new Sunseeker 133 model. It will operate on a hybrid propulsion system developed jointly with Germany-based engines manufacturer MTU. Yacht Harbour discussed the future of hybrid propulsion engines with Darren Barnett, Marine Manager with MTU UK.Sunseeker 133Where does MTU decision to focus on hybrid systems for yachts come from?MTU has been an engine supplier for many years. The company is around 110 years old. Over that time, we have specialised in manufacturing and supplying light-weight and high-speed diesel engines.Now the time has come, when we have to be more than just an engine supplier, since the power requirements on-board yachts are getting greater. Owners of yachts want to operate them in a different way. They do not want to travel fast - they want to travel comfortably, economically and efficiently.Therefore, the best solution to that is to offer the system that can power the vessel in different ways. Thus, it would provide both propulsion and supply of all the consumes on-board, such as air conditioning, stabilisers and other hotel loads.Is that right, that speed is not the major concern anymore?Yes, that is what we say. So it is not all about having the largest, most powerful engines. It is about being able to offer better experience on-board, whilst the customers spend their leisure time there.Sunseeker CEO Andrea Frabetti and Darren BarnettWhat makes hybrid propulsion different from other engine systems?Diesel engines will remain the core of propulsion systems for boats in the future. Nonetheless, what we are doing is offering systems that can power a vessel using batteries, for example. We also deploy generators to provide power for not only propulsion, but also for conventional power needs on-board.Actually, the way all of that is linked together is a clever part, because the hybrid system itself is greater than the sum of all the components. You cannot just select components and install them into the yacht. Apparently, they need to be integrated together, so that they operate seamlessly. We believe, that there is a great future in yachting for hybrid systems.Our approach is that we will deliver the whole scope of supply. It means, not just the engine, not just a part of it but the whole system. Thus, we are also taking full responsibility for it. Customers want to have the knowledge that the complete system will be taken care of, because with complicated systems such as this one it can get difficult.Currently, we are developing a hybrid system jointly with Sunseeker for the Sunseeker 133 yacht. And we are looking into a modular and serialised system, since we want to have a portfolio of components to select from, such as different diesel engines and several types of batteries and generators. Sunseeker 133Do you think the hybrid propulsion system you are working on could be installed on other yacht models?The ideas is, with Sunseeker we have the first or pilot installation. Therefore, at the moment we are working on the scope of supply for the Sunseeker 133. In the future, the basis we have developed with Sunseeker will be available for other yacht builders with different diesel engines, different batteries and different generators. It will be possible to customise the system for any particular yacht.But is the system ready for installation yet?We are still in the development phase, but we are close to finalizing the total scope of supply. Hopefully, Sunseeker soon will be able to begin construction of the 133 yacht with the hybrid system.Then in the future, what do you think could be the largest size of a yacht to operate on hybrid propulsion?The serialized system we are developing with Sunseeker is aimed more at the production yacht market. Naturally, much larger yachts have much more specific requirements. However, we have done it in the past and that is what we will continue to do in the future.Operating as a custom service, we would develop a system to meet the customer’s requirements. That could be any size of yachts, up to the very largest ones. For instance, Sailing Yacht A operates on a kind of hybrid system, where MTU have supplied gensets.Many builders now opt for more eco-friendly engines in general. Have you noticed raising environmental awareness among yachting clients?Yes, definitely. Owners of yachts have realised that they probably could do something to more environmentally friendly. All the large yachts are the big consumers of power. What they could do, is raising awareness of where they can be more efficient. And it is obvious, that vessels running on diesels create emissions.Alternatively, with a hybrid system, all those large vessels could operate in harbours using batteries. It is a great benefit, that it is emission-free and completely clean. The only problem with hybrid is that for the moment people do not understand what hybrid is. It is a long process, and we are trying to educate people, what the capabilities of that system are.What is more, when a yacht is at anchor in a small bay and the owner of the yacht wants to swim around with family, they would not want a generator running with exhaust emissions coming on to the water. The environment would much nicer if there are no diesel engines running. We see it is a great benefit.
November 14, 2019
Delivered this summer, the 90-metre Oceanco superyacht DreAMBoat made a splash at the Monaco Yacht Show 2019 with her international debut. Yesterday, the famous vessel was photographed at the shores of Gibraltar.Photo: @DannyWheelz on Instagram via Dutch YachtingAccording to social media sources, DreAMBoat was built for US billionaire and owner of the Atlanta Falcons NFL team Arthur Blank, who is valued at $5.5 billion by Forbes. Meanwhile, Forbes valued the team at $2.6 billion as of September, 2018.DreAMBoat at the MYS 2019. Photo via Dutch YachtingThe yacht of aluminium superstructure on a steel hull features a 14.2-metre beam. Sleek exteriors by Espen Oeino come trademarked with generous overhangs from the superstructure and cut outs in the bulwarks lending her classic and strong appearance.DreAMBoat at the MYS 2019. Photo via Dutch YachtingThe vessel’s exterior also features numerous large windows offering panoramic views. Swimming pool aft at the main deck, a partially closed sundeck with Jacuzzi and plenty of seating and entertainment zones and a private Jacuzzi at the owner’s deck.DreAMBoat at the MYS 2019. Photo via Dutch YachtingDreAMBoat's interior carries bespoke surfaces and limestone floors, all decorated with sophisticated natural materials including wood, semi-precious stone, leather and mother-of-pearl all designed by Terence Disdale. Her impressive interior volume of 2,950 GT allows accommodation for 23 guests on-board, along with up to 33 crew members.Her propulsion package consists of two MTU 4,828 HP engines, with reported top speed of 18.5 knots.DreAMBoat at the MYS 2019. Photo via Dutch YachtingThe superyacht belongs on the list of the largest superyachts, ever built for sports teams owners.
November 14, 2019
Italian engineering startup company iSpace2O has offered an interesting 'craft', with no analogues as of today. Named DeepSeaker DS1, it can dwell both above and below water. DeepSeaker is a multipurpose craft. The vessel can be deployed for leisure, tourism, search and rescue, research and other utilities.DeepSeaker DS1 is capable of diving to a depth of 50 - 100 meters, depending on the mode. To go underwater, it is necessary to fill the inflatable tank that plays the role of a ballast tank.Oxygen cylinders that allow people inside to breathe are not needed, since the Oxygen for the passengers will be extracted from sea water.According to the developers, this process requires minimum energy, which is important, since DeepSeaker DS1 is a 100% electric device.On the surface, equipped with water jets and foils, the DS1 is capable of speeds up to 30 knots under the most powerful performance. With two electric motors of 40 kW each, which are included in the basic package, the maximum speed capabilities are limited to 23–25 knots.Lithium-ion batteries guarantee six to eight hours of battery life. A full recharge of batteries takes eight hours, but there is also a quick charging system that allows you to manage in no more than an hour.The small size of the four-sear Deepseaker DS1 enables her to fit easily in a garage of any superyacht or support vessel. The owner is also entitled to personalise his model opting for a colour scheme in the style of a mothership.The standard equipment on-board the vessel includes a digital dashboard, connectors for iPad, GoPro cameras and even such peculiar devices as hydrophones, with which one can listen to marine inhabitants.According to Giuseppe Carusi, co-founder at iSpace2O, the project has existed for five years, but only now they received financing. The first prototype of DS1 is planning to attend the Dubai Expo in October 2020, while the final version of the prototype will be ready by early 2021.The price of DeepSeaker DS1, according to preliminary data, will vary from € 950 thousand to € 1.2 million, depending on the version. In the future, it is planned to develop a larger and more spacious version, based on the platform.
November 13, 2019