Ownership Options – Costs and Income

A Radical Game-changing and Re-invention of Fractional Yacht Ownership…

“Price is what you pay. Value is what you get…”  – Warren Buffett

Green Explorers Society (GES) offers four standard ownership options:
(Click on table to enlarge)
As an example:
An EXCLUSIVE 4 ownership (10% of the shares in one of the private limited companies, which each owns 100% of one of the Green Explorer (GE) vessels), costs USD400K and gives you 2 x 2 weeks global usage of any of the vessels in the GES fleet.
This amount will be payable in 5 equal instalments – and the corresponding number of shares will be allocated to the owner – as construction of your vessel progresses.
Unlike the pricing policies of most yacht manufacturers, a GE vessel are delivered with all the “extras”, a fully equipped, fully functional luxury vessel for prolonged zero-emission expeditions.

Yearly Running Costs:
The annual running costs per vessel, which a.o. include crew, insurance, docking fees, class inspections, maintenance and repairs, accounts and management, are estimated at approx. US$40K per year for an EXCLUSIVE 4, 10% ownership. The yearly running cost is payable half-yearly in advance. However, it is anticipated that these costs can be fully covered or at least very significantly lowered and buffered by pooled charter income.
(See table above)

Pooled Charter Income:
After the owners have had exclusive use of the vessels for 40 weeks during any one year, 12 weeks will remain. Three of these weeks are earmarked for class inspections, possible maintenance  and crew vacation. During the remaining 9 weeks – incl. one to three weeks of relocation – the vessels will be chartered out by GES via a global network of trusted charter brokers. It is estimated that this pooled charter income will fully cover or significantly reduce and buffer the yearly running costs. (click here for further details).

Owners’ Charter Income:
If you, as an owner, decide to charter out one or more of your chosen and allocated sailing weeks, the generated income, supplemented by the pooled charter income, should fully cover the annual management costs and help to recuperate your initial purchase outlay for your vessel.
GES can assist with this charter activity via a global network of trusted charter brokers. (click here for more details).
(Click on table to enlarge)owners-charter-income-1

Direct User Costs:

Estimated costs for on-board consumables and services directly associated with an owner and his guests’ use of the vessels, must be deposited by the owner 6 weeks prior to departure. These costs will vary according to the detailed requirements and preferences of the individual owner.

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