Еvery sail
is a story
Yachting as a Lifestyle
First part:
- Yachting as a lifestyle and what it gives to a person.
- How yachting works and its types.
- The yachtsman's journey - from guest to owner.
- Challenges of yacht ownership
Q&A session
Yachting as a Business
Second part:
- Yacht charter business-model
- Yacht ownership models
- Comparison of local and global yacht charter markets.
- Best yacht models for business in Koh Phangan.
- Prospects for the development of yachting in Koh Phangan.
Q&A session
- Seafarer in 5th generation
- Deep Sea Navigator (500 GRT & More)
- Marine & Aviation Radio Operator (GMDSS)
- Aviation Radio Operator (CAA UK)
- Quality Health & Safety Officer (NEBOSH UK)
- Yachtmaster (RYA UK)
- Merchant Maritime Industry
- Oil & Gas Seismic Research Industry
- Industrial Courses and Simulators Development
- CMMS Software Development for Marine Industry
- Risk Management & Occupational Safety
- Yachting Industry
Yachting Lifestyle
- Freedom to explore the world your way
- Escape from city life and everyday stress
- Life full of adventures and new experiences
- Physical and mental health
- Mindfulness and inner balance
- The luxury of being yourself
- Developing leadership skills, responsibility and self-confidence
- Yachting is a hi-end social club of like-minded people
Recreational Yachting
Recreational yachting is the main type of yachting focused on leisure and relaxation. A key condition for this type of yachting is the presence
of a well-developed infrastructure.
- Mediterranean: Italy, Spain, France, Greece, Turkey, Croatia, Montenegro
- Caribbean: Bahamas, British Virgin Islands
- Southeast Asia: Thailand, Indonesia
- North America: Florida, Mexican Coast
- Oceania: Australia, New Zealand
Expedition Yachting
Expedition yachting involves traveling to remote and extreme regions of the world, such as Antarctica, Alaska, or Greenland.
- Navigating in extreme conditions, including polar waters
- Designed for autonomous expeditions
- Installed stabilizers for comfortable sailing in the harshest conditions
- Ice-class hull, capable of breaking through multi-year ice
- Equipped with a diving system and two Zodiac boats for exploring remote shores and glaciers
Examples: M/Y Hanse Explorer, S/Y Qilak
Regattas
Regattas are competitions where both amateur and professional yachtsmen participate. Anyone interested can take part.
Regattas are an excellent way to test your skills on the water, spend time with like-minded people, and make new connections.
This format is very popular among corporate participants, as it promotes networking and teamwork.
Clipper Round the World Yacht Race
- Round-the-world regatta spanning 40,000+ nautical miles
- The majority of participants have no prior experience.
- Each crew is led by a professional skipper.
- The race takes place every 2 years and lasts around 11 months.
Clipper Round the World Yacht Race was founded by the legendary sailor
Sir Robin Knox-Johnston — the first person in the world to complete a non-stop solo circumnavigation during the Sunday Times Golden Globe in 1968-1969.
Professional Yacht Racing
Professional yacht racing consists of elite competitions that require the highest level of skill and preparation.
- America's Cup — oldest regatta and symbol of elite yachting (since 1851).
- The Ocean Race — a round-the-world race (every three years)
- Rolex Sydney to Hobart Yacht Race — one of the most challenging races.
- Vendee Globe — a solo non-stop round-the-world race, considered the toughest challenge for solo sailors. The "Everest" of sailing.
Life on board a Yacht
Life on a yacht is a unique lifestyle that combines freedom of movement and closeness to nature. Thanks to modern technology, living on a yacht today can be combined with online work while exploring the most remote corners of the world.
- The ability to change your place of residence as you wish.
- Technology allows you to combine life on a yacht with online work.
- Life on a yacht teaches you to live with fewer things and rely on yourself.
- Constant contact with the sea and nature.
Eco-Yachting
Eco-yachting is a new and rapidly growing trend focused on minimizing the ecological footprint of yachts.
- Hybrid and electric engines to reduce carbon emissions
- Energy-efficient technologies and renewable sources
- Minimal impact on nature
- Popularity among environmentally conscious travelers
Corporate Yachting
Corporate yachting involves renting yachts for business events, team-building activities, and networking in an informal setting while enjoying a unique experience.
- Team-building on the water developing teamwork and leadership skills
- Business meetings in a unique environment
- Corporate regattas promote development of business relationships.
- Informal setting creates an atmosphere that stimulates creative thinking
The
Yachtsman's
Journey
Guest on Board
- Lack of maritime experience
- Seasickness
- Limited space
- Safety on board
- Communication with the crew
- Adaptation to the schedule
- Environmental conditions
Client of a Charter Company
- Choosing a reliable company
- Trusting the hired captain
- Planning the route
- Managing the budget
- Understanding the contract
- Cultural differences
- Expectations vs. reality
Client of a Yachting School
- Choosing a school and instructor
- Studying theory & get a practical skills
- Passing exams
- Overcoming fears
- Time investment
- Financial investment
Novice Yacht Captain
- Lack of practice
- Decision-making
- Crew organization
- Route planning
- Responsibility for safety
- Self-development
- Stress and pressure
Experienced Captain
- Building a personal brand
- Promoting own tours
- Travel planning
- Customer service
- Financial management
- Legal requirements
- Logistics
- Risk management
Professional Captain (Yacht Delivery)
- Long passages
- Different types of yachts
- International regulations
- Weather conditions
- Technical maintenance
- Communication
- Safety
Yacht Owner
- Financial obligations
- Administrative tasks
- Technical maintenance
- Docking and storage
- Crew management
- Commercial use
- Personal use schedule
Yacht Business Owner
- Significant financial investments
- Legal compliance
- Fleet maintenance
- Marketing and client acquisition
- Personnel management
- Insurance and risk management
- Logistics and operational processes
Challenges of Yacht Ownership
- High maintenance costs
- Complexity of planning and organization
- Shortage of qualified professionals
- Need for constant monitoring
- Risk of unforeseen breakdowns
- Compliance with regulatory requirements
- Logistical challenges
- Technological obsolescence
Yacht Repair Cost Analysis
Annual maintenance and repair costs for a yacht typically range from 5% to 15% of its original purchase price.
Smaller yachts may require a higher percentage due to the relative cost of maintenance compared to the yacht’s purchase price.
Larger and more complex yachts may have higher absolute costs, but the percentage may be lower due to economies of scale.
Scheduled Maintenance
- Lower costs
- Prevention of breakdowns
- Minimal yacht downtime
- Flexibility in scheduling
- Increased reliability
Emergency Repairs
VS
- Significantly higher costs
- Unforeseen expenses
- Extended yacht downtime
- Uncertain timelines
- Reputational loss
Conclusions and Recommendations
- Investing in scheduled maintenance significantly reduces overall costs
- Emergency repairs not only cost more but can also lead to downtime
- Plan maintenance and allocate a budget of 5–15% of the yacht’s value
- Keep a maintenance log to help optimize future expenses
- Work with professionals to ensure the quality of work timely detection of potential issues
Q&A
Yacht Charter
Charter trips are a popular yacht rental format, suitable for short-term or long-term cruises, with or without a crew.
- Crewed charter: Ideal for those looking for luxury and full service onboard, including a personal crew and chef.
- Bareboat charter: Aimed at experienced sailors with a license who want to manage the yacht themselves.
Charter Benefits from Client's Perspective
- Variety of models: The ability to choose different yacht models and try the latest market offerings without buying them.
- Saving time and effort: No need to deal with repairs, maintenance, or yacht storage.
- Yacht insurance: Rented yachts are insured, reducing risks for the renter.
- Support from the charter company: In case of problems or breakdowns, the renter can rely on prompt support and assistance from the charter company
Bareboat Charter
Bareboat charter is renting a yacht without a crew — usually a week.
- Requirements for the renter: The renter must have a license (usually an ICC or equivalent) and experience in operating a yacht
- Freedom and flexibility: The renter can independently choose the routes, pace, and stops throughout the cruise
- Responsibility: The renter is responsible for the yacht during the rental period, including the safety of the crew, the technical condition of the yacht
Bareboat Charter
Pros:
- Complete autonomy and control over the voyage.
- More economical compared to renting a yacht with a crew.
Cons:
- Requires strong skills and experience in navigation and yacht management.
- The renter bears full responsibility for any incidents.
Routes
Examples
Crewed Charter
Crewed charter is the rental of a yacht with a crew, including a captain, engineer, deckhands, stewardess, and chef.
- Full service: The crew handles yacht operations, meal preparation, entertainment, and all services on board.
- Worry-free experience: The renter does not participate in managing the yacht and can focus entirely on relaxation and enjoying the cruise.
- Customized route: The route is developed based on the renter's preferences, but managed by professionals.
Crewed Charter
Pros:
- High level of comfort and service.
- No need to participate in managing the vessel.
- The opportunity to enjoy luxurious services on board.
Cons:
- Higher cost compared to a bareboat charter.
- Less flexibility in management, as the crew handles the yacht’s operations
Day Charter
Day charter is the rental of a yacht for a short period, usually for one day or a few hours. This format typically involves a crewed rental.
- Short-term rental: The renter uses the yacht for one day for excursions, leisure, or events.
- Types of yachts: Depending on the budget and requirements, it is possible to rent from small boats to motor yachts or sailing vessels.
- Purposes of rental: Day charter is used for various purposes, such as excursions, weddings, business meetings, or simply relaxing on the water
Day Charter
Pros:
- Accessibility for one-time events.
- Less expensive compared to longer charters.
- Opportunity to rent a yacht for special occasions.
Cons:
- Limited usage time, typically without overnight stays.
- Higher cost compared to bareboat and crewed charters.
Routes
Examples
Comparative Analysis of Charter Types
- Bareboat Charter: Attractive for renters who prefer independent sailing. It is beneficial for owners as it requires minimal crew expenses.
- Crewed Charter: More expensive for renters, but crewed yachts generate higher income and remain in better condition thanks to the crew's care.
- Day Charter: Less costly but limited by usage time. It is suitable for owners operating in tourist regions with a high turnover of short-term renters.
Private Ownership (Single Owner)
One person fully owns the yacht and has complete control over its usage, operation, and all related expenses.
- Full control over the yacht, its usage schedule, and routes.
- All expenses (purchase, maintenance, repairs, insurance) are borne by the owner.
- The option to rent out the yacht and generate income.
- Significant time and financial commitments for yacht upkeep.
Private Ownership (Single Owner)
Pros:
- Maximum flexibility and independence.
- Full control over the yacht’s condition and management.
- The ability to rent out the yacht to partially cover expenses.
Cons:
- High costs for purchasing and maintaining the yacht.
- All risks and expenses (repairs, insurance) fall on the owner.
- The yacht may remain idle during periods when it’s not being used.
Shared Ownership
The yacht is purchased by several owners who split the costs and usage time. This format usually operates on a schedule so that all owners get equal time to use the yacht.
- The costs of purchasing and maintaining the yacht are shared among multiple owners.
- The yacht’s usage schedule is agreed upon by the owners.
- The possibility of reducing the expenses of yacht ownership.
Shared Ownership
Pros:
- Significant savings on the purchase and maintenance of the yacht.
- Each owner uses the yacht during agreed-upon periods.
- The option to rent out the yacht to partially cover expenses.
Cons:
- The need to coordinate usage time with other owners.
- Potential conflicts over the schedule and yacht management.
- Less flexible opportunities for personal use.
Shared Ownership + Management Company
Several owners jointly own the yacht, but the management and operation are handled by a professional management company.
- The management company takes care of the yacht's operation, rental, and maintenance.
- Owners receive income from the rental as well as fixed time for personal use of the yacht.
- All technical tasks and coordination are handled by the management company.
Shared Ownership + Management Company
Pros:
- Minimal worries and responsibilities for the owners.
- Optimized yacht usage through rental and professional management.
- The company ensures regular maintenance and rental of the yacht.
Cons:
- Less flexibility in usage, as the management company controls the schedule.
- High management fees.
- Limited number of days for personal use of the yacht.
Yachting Development Prospects
Koh Phangan is actively growing as a premium tourism destination. Currently, there is a construction boom of luxury real estate, which will inevitably lead to the growth of associated services and infrastructure in the near future.
Alex Kozyr
- Consultations on all yacht-related matters
- Yacht selection and rental anywhere in the world
- Assistance in finding and purchasing a yacht
- Survey, technical preparation, and yacht delivery
- Development of navigation routes of any complexity
- Yacht management & maintenance
- Turnkey yacht business setup
- Yacht crew recruitment
- Training and certification
Q&A