how much fuel does a mega yacht use

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Yacht fuel cost calculator - how to estimate the costs.

Yacht captains have many responsibilities when it comes to the management of their vessel. One of them is keeping track of expenses, which is why it is important to familiarize yourself with the vessel’s operational costs. Keeping a luxury superyacht afloat isn’t cheap, and many claim that the average annual cost ranks up to 10% of the vessel’s price.

From these expenses, a significant portion goes to fuel. Filling up the tank of your boat is quite pricey, which is why a growing number of boat owners want to know exactly how much they are looking to spend for their upcoming voyage. This is also important for people who want to charter a boat for their holiday.

If you’re wondering how to best estimate the costs involved, you’re in the right place. This article will help you calculate your vessel’s yacht fuel cost while giving an overview of all the criteria used as variables. To make the process even easier, we link to a yacht fuel cost calculator to help you get an indication of the expenses you’ll need to cover. Let’s delve in!

Yacht fuel cost calculator

How to estimate yacht fuel costs, how much fuel does a yacht use.

• Price of boat fuel per gallon?

Yacht fuel formula

The easiest way to calculate your fuel costs is by using a yacht fuel cost calculator. There is a great calculator available here in case you want to save time and get an approximate estimation.

As you can see, the yacht fuel cost calculator has many variables which you need to be aware of before you set out to calculate the approximate price. This is what we will be dealing with in the next few chapters.

To help you get a better understanding of the calculation process we will do things manually while giving you the exact formulas used to calculate your vessel’s fuel needs. Therefore, make sure you keep on reading.

There are several things you need to keep in mind when you first set out to estimate the total fuel cost for your next voyage. These are summarised in the following points:

• Distance of journey - The total amount of nautical miles (or km)
• Cruising speed - The (average) speed of your vessel (in knots or km/hr)
• Fuel consumption - Understanding how many gallons (or liters) of fuel are consumed per hour
• Yacht fuel price - Understanding the average market price per gallon of fuel

The first two points depend solely on your needs and personal preference, which means that they are more flexible on a subjective basis. The latter two points may require a bit of research, especially if you’re not familiar with the engine of the vessel.

In the following sections, we will delve deeper into each of the points mentioned above, and offer the required formulas to help you calculate yacht fuel cost.

Calculating distance and speed

To understand the exact distance you are looking to cover in your next voyage, you can simply use Google Maps to plan your route. The following video explains the process in detail.

As soon as your route is planned out, you can measure the distance as well, selecting the preferred method of calculation. In our case, it is best to measure in nautical miles (1nm=1,85km), as this metric is more commonly used among sea men. The yacht fuel cost calculator above has an embedded map that helps you pinpoint the journey you want to make.

Next comes the cruising speed. The number is mostly calculated in knots (nautical miles/hr). The speed with which the vessel will cruise depends on the captain onboard, but is often influenced by the owner and guests onboard. You can make a rough estimation of this number based on previous trips.

Next, we need to calculate the amount of fuel that you will likely need. To do this we need to understand the engine type, its horsepower, and several other factors.

Let’s take a marine diesel engine for example. These engines are very common on motor yachts and consume approximately 0.4 pounds of fuel per hour for each unit of horsepower. You can find fuel consumption info for your specific engine by looking it up on the web or by calling the service number.

Once you know the fuel burn rate, it’s best to add a relative error margin of 10% based on minor factors. These include weather conditions, vessel size, and drag, all of which can increase the fuel burn.

How much fuel does a yacht use per hour?

Now that you know all the variables you can go ahead and calculate the amount of fuel that your yacht will need.

• Start by calculating the fuel burn per hour based on the horsepower of the engine.
• Add a multiplier based on the cruising speed of your vessel.

A vessel with a diesel engine of 300 horsepower will most likely burn 16-17 gallons per hour, which you can then use as a guideline when calculating the travel time based on the nautical miles you are looking to cover.

Superyachts are consuming much more fuel. An average 70-meter luxury yacht will burn around 130 gallons per hour with the engines running, while the amount increases significantly when the ship is moving. On average, you are looking at ±€2000 per hour (±1000 gallons) to achieve a speed of 20 knots. Of course, the higher the cruising speed, the more fuel you will be burning per hour, which in turn makes each hour at sea more expensive.

How much does boat fuel cost per gallon?

The exact price you are looking to pay per gallon depends on the marina you find yourself in. By looking at several price points of marinas, we get the following:

• Average diesel prices range from $3.2-$3.9 per gallon
• Average petrol prices range from $7.2-$7.8 per gallon

Note that discounts usually apply whenever you choose to purchase large quantities of fuel.

Why is boat fuel so expensive?

Marine fuel pricing is heavily inflated due to low supply and high demand. In short, the limited number of fuel stations at marinas have to service all the yachts that dock, which leads to a no-choice monopoly.

That said, yacht owners are usually not that concerned about the small price spike that marinas charge as an extra. If anything, they are happy to pay due to the convenience of the service.

How much fuel does a yacht hold?

Once again, the answer to this question depends on the size of the vessel. Smaller yachts can hold around 1300 gallons of fuel, while the bigger vessels can store up to 100,000 gallons. The ship’s engineers should be able to provide this number for the vessel you command.

Now that we have a better understanding of all the variables that determine the cost of fuel, we can go ahead and take you through the calculation process step by step.

First, know the total duration of your cruise. To obtain this information, divide the number of nautical miles by the cruising speed of your vessel (knots). For example, if you want to make a journey that totals 150 nautical miles while traveling at 20 knots, the yacht fuel formula looks as follows:

Total duration = 150 nm / 20kn

Total duration = 7,5 hrs

Note that the amount of fuel consumption may end up higher than expected if:

• Sea and weather conditions are not favourable
• You plan to make short stops along the way while the engine keeps running

Next, what you want to do multiply the number of hours by the number of gallons that your engine burns on an hourly basis while moving at the speed you previously indicated. If we take, as an example, the superyacht mentioned in the previous examples, we would make the calculation as follows:

7,5 hrs x 1000 gph = 7500 gallons

Now assume that you will also make two stops along the way, an hour and a half each, in order to let the guests enjoy their time; maybe ride a jet ski.

You then multiply the added number of hours with the consumption rate of a running engine. In this case:

3 hrs x 130 gph = 390 gallons

All that is left to do now is add up the total amount of fuel needed and multiply the number with the price per gallon.

(7500+390) x $3,5 = $27615

In this example, the final cost of your will set you back a little bit more than 27 thousand dollars. Just to be safe, calculate the additional 10% (margin of error) to be prepared against unexpected mistakes. This added amount is not necessarily an ad-on when you consider chartering. Private yacht owners, however, should add the amount to their final cost.

And that's it! You should now have a better idea on the steps you need to follow to calculate the fuel costs for your yacht. While there is quite a bit of information you should keep in mind, it is best to plan out everything with detail to avoid unforeseen costs. If you enjoyed this article, check out our blog post on yacht electrical systems as well.

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How Much It Costs To Refuel A $600 Million Superyacht

No E10 here...

Image: Romer Macapuno/DMARGE

There are a lot of things you could do with $1.5 million. You could donate it to UNICEF. You could buy a bunch of Porsches and Ferraris. You could even buy a house in Sydney. Though that might sound like a hefty chunk of money to some people, to others it’s just what you have to pay to refuel your $600,000,000 yacht.

Much like supercars, the costs of owning a superyacht go far beyond simply the ‘sticker price’. You’ve got mooring fees , the cost of employing enough staff to keep ’em running, not to mention the eye-watering amount of insurance you have to buy… There’s a reason that only the very wealthiest people in the world can own superyachts. You’ve also got to put fuel in them – and a superyacht sips a bit more fuel than a Bugatti…

But how much does it really cost to fuel up a superyacht? Enter the following video. Posted by The Yacht Mogul, an Instagrammer who claims to be the “world’s largest yachting profile,” the video shows Dilbar , the sixth-longest yacht in the world that’s worth $600 million, getting pumped with $1.5 million worth of fuel.

WATCH one of the world’s biggest and most expensive yachts being fuelled up below.

The video was shot in Italy, with a Vigili del Fuoco (Italy’s institutional agency for fire and rescue service) vehicle making an appearance at the start of the video.

A caption then flashes up on the screen claiming that the 500,000 litres of fuel cost $150,000 (though some social media users have questioned that, making such comments as “500,000l for 1.5 million? That makes it $3 a litre…)

So yes, according to The Yacht Mogul, Dilbar ‘s tank holds 500,000 litres, which – according to AutoEvolution’s calculations – if we assume that $3 a litre figure is accurate, would bring the total cost up to $1,500,000.

Dilbar is a particularly famous superyacht, owned by Russian oligarch Alisher Usmanov, one of Russia’s richest men (something which lends credence to some of the quips found in the Instagram comments section, like: “Bro they don‘t pay fuel… They f***ing sell it to us.”)

However, German police seized Dilbar (and allegedly confiscated m illions of dollars worth of art stored on the ship) last year in light of Russia’s invasion of Ukraine and sanctions levied against Usmanov. Usmanov has been described as “one of Vladimir Putin’s favourite oligarchs”.

Why is Dilbar so expensive?

Dilbar is the sixth-longest yacht in the world (and the third-largest when judging by gross tonnage). At one point, it was the biggest yacht in the world.

It can accommodate 100 crew members, has the largest ever swimming pool installed on a superyacht, has two helipads, its own onboard garden, boasts almost the same amount of cables as the total land borders of the country of Bhutan (to power all the amenities and facilities) and is powered by a 30,000kW electric diesel power plant.

This electric diesel design supposedly helps reduce  Dilbar’s  emissions while still providing a top speed of 22.5 knots.

Want one last fact? The interior features over 1,000 sofa cushions. It’s a cushy life for some…

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The Real Costs of Owning a Superyacht [Complete Guide]

November 25, 2019 1:00 pm

Owning a  superyacht  is a status symbol available only to the world’s wealthiest individuals and corporations. Although there is no strict definition, the Red Ensign Group Yacht Code is applicable to “motor or sailing vessels of 24 meters in load line length and over…and which, at the time, is in commercial use for sport or pleasure and carries no cargo and no more than 12 passengers 1 .” There are currently just over 10,000 superyachts in the world with around 200-250 new builds delivered each year. The vast majority are  motor yachts , with sailing yachts counting for less than 20% of the total. The world’s largest private vessel, Khalifa bin Zayed Al Nahyan’s 180m (590-foot) AZZAM,  cost $600 million to build when it was delivered in 2013. Eight of the ten most expensive luxury acquisitions of all time were superyachts.

Purchase Cost

Buying a new or used superyacht will most likely cost the buyer several million dollars. Pricing varies widely based on the yacht size, age, and other factors such as builder, guest capacity, speed, range, and more. The market is worldwide and extensive. Any potential buyer would be well-advised to engage a professional, certified broker to guide them in the selection of their dream yacht and through the myriad of complications in making the purchase.

• • Financing the Purchase
• • Immediate Post Purchase Costs

Operating Costs

In years past, owners and their brokers would work on 10% of the purchase price as an estimate of annual operating costs, but the vast range of yacht size, operating location, and usage profile makes this approach less useful without giving the question more thought. Building a budget for a yacht requires consideration of the following elements:

Crew – Salary, payroll taxes, recruitment fees, uniform, health insurance, food, and travel for vacation and repatriation are all crew-related costs. A good guide for salary costs is published by Dockwalk magazine every year based on an extensive survey of the crew and placement agents. Using their most recent article as a guide, a crew of eight full-time crew on a 150-foot yacht will cost over $650,000 per year in salary alone. Get a complete crew cost breakdown.

Dockage – Unless the owner plans to spend the year at anchor, then keeping the yacht in a marina incurs a significant cost. Dockage is normally sold per foot of the yacht’s full length and per night, although contract rates for longer periods may be available. High-quality marinas in peak seasons are currently running in the $6-8 per foot per night range. Electricity, fresh water, and waste removal are all additional costs to be considered.

Fuel – The captain or engineer should be able to provide the fuel consumption per hour at any given speed, so if a yacht owner knows roughly how much he wants the boat to travel, then he can estimate the total fuel consumption and budget the fuel cost. There is also the fuel cost for generators, particularly at anchor. A typical 150-foot motor yacht cruising at 12 knots will consume in the region of 150 U.S. gallons per hour. At today’s fuel prices, that’s going to be close to $500 per hour. 500 hours per year will give us the main engine fuel budget of around $250,000. To this, we must also add the generators’ fuel consumption at anchor plus any additional cost for tenders.

Communications – Everyone onboard, crew and guests, want to remain connected to their social media, streaming services, and email. The technology available in this area moves fast and with 5G coming online, near-shore costs will likely come down. For those who want broadband speed while offshore, costs are high and depend on the upload/download speeds required. Start with an estimate of $4-5,000 per month and work from there. Additional communications costs include satellite TV subscriptions, crew cell phone costs, mail, freight, and more. Get a complete communication cost breakdown.

Maintenance, Consumables, and Other Operating Costs – Having considered crew payroll, marina costs, fuel, and internet, the budget will start to materialize. One must take all other costs into account, such as hull insurance, liability insurance, maintenance and consumables, warehousing, safety and survey costs, upkeep of the navigation outfit, computing support, car rental, and more.   

Looking for more details?

Receive the complete Cost of Yacht Ownership Guide including:

• • Offsetting Expenses With Charter
• • Superyacht Financing
• • Budget Development + More

This should not be considered a financial guide. For a more accurate estimate, contact Clive McCartney .

1 Red Ensign Group Yacht Code Section A 1.2(1) 

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How Much Fuel Does a Superyacht Hold? Find Out Here

Ever wondered how much fuel a superyacht can hold? Have you been curious about the factors that determine a superyacht’s fuel capacity? Or maybe you’re interested in learning how to maximize fuel efficiency? Well, you’re in the right place! In this article, we’ll explore all of these topics and more.

We’ll dive into the different types of engines and fuel efficiency, the average fuel capacity of a superyacht, the largest fuel capacity for a superyacht, the benefits of having a larger fuel capacity, how to maximize fuel efficiency, and tips for conserving fuel.

So, let’s get started!

Table of Contents

Short Answer

The amount of fuel a superyacht holds varies greatly depending on the size and type of yacht.

Generally, a superyacht can hold anywhere from 5,000 to 30,000 gallons of fuel.

Larger vessels can hold up to 50,000 gallons or more.

Additionally, some superyachts are equipped with multiple fuel tanks to store more fuel for longer voyages.

Factors that Determine the Fuel Capacity of a Superyacht

When it comes to determining how much fuel a superyacht holds, there are a number of factors that come into play.

The size and type of the yacht are the two most important factors to consider.

Generally speaking, a superyacht typically holds anywhere from 15,000 to 50,000 gallons of fuel, though some larger vessels can hold upwards of 200,000 gallons.

The range and cruising speed of a superyacht, as well as the type of engines used on the yacht, are also key factors in determining the amount of fuel the yacht will need to store.

As a general rule, larger and faster yachts require more fuel to travel longer distances.

Additionally, the fuel efficiency of the yacht will also have an impact on the total fuel capacity.

The more efficient the yacht, the less fuel it will need to travel the same distance.

Finally, the purpose of the yacht will also play a role in determining the fuel capacity.

Yachts that are used for racing or long-distance cruising will need more fuel than ones that are used primarily for short-distance trips or pleasure cruising.

In addition, the fuel storage capacity of the yacht will be determined by the number of tanks installed and the size of the tanks.

Ultimately, the amount of fuel a superyacht holds will vary greatly depending on a variety of factors.

The size and type of the yacht, its range and cruising speed, the type of engines used, and the fuel efficiency of the yacht will all have an impact on the total fuel capacity.

Additionally, the purpose of the yacht and the size of the fuel tanks will also determine how much fuel a superyacht can hold.

Types of Engines and Fuel Efficiency

When considering the total fuel capacity of a superyacht, it is important to consider the type of engines and fuel efficiency of the vessel.

The type of engines used will impact the fuel efficiency and ultimately the amount of fuel the yacht will need to store.

Traditional diesel engines are typically more fuel efficient than gas-powered engines, and may require a smaller fuel capacity.

On the other hand, gas-powered engines may require a larger fuel capacity due to their lower efficiency.

Additionally, some superyachts feature hybrid propulsion systems, which combine diesel and electric power to achieve greater fuel efficiency.

In addition to the type of engine, the fuel efficiency of the vessel is determined by several other factors.

The yachts weight, hull shape, and speed all influence fuel efficiency, with lighter, more efficient hulls and slower cruising speeds allowing for greater fuel efficiency.

Additionally, the use of fuel-saving technologies such as advanced propellers and energy-saving sails can also improve fuel efficiency, allowing for a smaller fuel capacity.

Ultimately, the type of engines and fuel efficiency of a superyacht will have a significant impact on the total fuel capacity of the vessel.

By carefully considering these factors, it is possible to optimize a superyachts fuel efficiency and minimize the total fuel capacity required.

Average Fuel Capacity of a Superyacht

When it comes to the fuel capacity of a superyacht, the amount varies greatly depending on the size and type of the vessel.

Generally speaking, a superyacht typically holds anywhere from 15,000 to 50,000 gallons of fuel.

However, some larger vessels can hold upwards of 200,000 gallons.

The amount of fuel a superyacht holds is largely determined by the vessel’s range and cruising speed, as larger and faster yachts will require more fuel to travel longer distances.

In addition to the range and cruising speed of the vessel, other factors such as the type of engines, as well as the fuel efficiency of the yacht, can also have an impact on the total fuel capacity.

For instance, if the yacht has higher-performance engines, it may require more fuel to sustain the speed and range of the vessel.

On the other hand, if the yacht has more efficient engines, it may be able to cover more distance with less fuel.

In addition to the engine type and fuel efficiency, the type of fuel also plays a role in determining the fuel capacity of a superyacht.

Diesel-powered yachts typically have a higher fuel capacity than gasoline-powered yachts, as diesel engines are more fuel-efficient than their gasoline counterparts.

Additionally, some yachts may use a combination of diesel and gasoline engines, which can also affect the total fuel capacity of the vessel.

Finally, the fuel capacity of a superyacht can also be impacted by the design of the vessel.

Larger vessels may require more fuel tanks to hold the necessary amount of fuel, while smaller vessels may only need one or two tanks.

Additionally, the placement of the fuel tanks on the vessel can also affect the total fuel capacity, as some locations may be more efficient for storing fuel.

In conclusion, the amount of fuel a superyacht holds can vary greatly depending on a variety of factors, such as the size and type of the vessel, the range and cruising speed, the type of engines, the fuel efficiency, and the design of the vessel.

Ultimately, the total fuel capacity of a superyacht is determined by all these factors combined.

The Largest Fuel Capacity for a Superyacht

When it comes to fuel capacity, superyachts can hold anywhere from 15,000 to 200,000 gallons of fuel, depending on the size and type of yacht.

The largest and fastest yachts typically have the highest fuel capacity, as they are designed to travel longer distances and at higher speeds.

Larger vessels can hold up to 200,000 gallons of fuel, allowing them to travel thousands of miles without needing to refuel.

The type of engines and the fuel efficiency of the yacht can also have an impact on the total fuel capacity.

Many superyachts are equipped with high-performance engines, which are designed to be more fuel-efficient and to require less fuel to operate.

Additionally, some yachts are equipped with dual fuel engines, which are able to run on both diesel and gas, allowing them to switch between the two fuels depending on their needs.

Finally, the design of the yacht can also affect its fuel capacity.

Modern yachts are often created with a sleek and aerodynamic design, which helps them to reduce drag and increase fuel efficiency.

This means that the yacht can hold more fuel and travel farther on the same amount of fuel.

Additionally, these yachts often feature advanced fuel-saving technologies such as wind-powered generators and efficient propulsion systems, which help them to further increase their fuel efficiency.

Overall, the amount of fuel a superyacht holds can vary greatly, depending on several factors such as the size and type of yacht, the type of engines, the fuel efficiency of the yacht, and the design of the vessel.

Larger and faster yachts tend to have the highest fuel capacity, with some able to hold up to 200,000 gallons of fuel, while smaller and slower vessels typically have less fuel capacity.

Additionally, modern yachts are often designed to be more fuel-efficient, allowing them to hold more fuel and travel farther on the same amount of fuel.

The Benefits of Having a Larger Fuel Capacity

When it comes to superyachts, having a large fuel capacity can be incredibly beneficial.

For starters, having a larger fuel capacity means that the yacht can travel long distances without having to refuel.

This is especially important if the yacht is traveling in remote areas with limited access to fuel.

Additionally, having a larger fuel capacity allows the yacht to cruise at faster speeds, as more fuel provides greater power and acceleration.

Finally, having a larger fuel capacity can also reduce the yacht’s overall fuel costs, as more fuel means fewer refueling stops.

All of these benefits add up to make having a larger fuel capacity on a superyacht a worthwhile investment.

How to Maximize Fuel Efficiency

Making sure your superyacht is running optimally is the key to maximizing fuel efficiency and getting the most out of your fuel capacity.

First, make sure your engines are properly maintained and tuned, as regular service and repairs can help your boat run more efficiently and reduce fuel consumption.

Additionally, running your engines at the correct speed for the conditions can help you achieve better fuel economy.

If you are travelling at a lower speed, your engines will not need to run at full capacity, meaning you can save fuel.

It is also important to ensure that your yacht is properly loaded, as an overloaded vessel can be less fuel efficient.

If you are carrying more than the recommended load, it will take more fuel to propel the boat.

To maximize fuel efficiency, make sure you are only carrying the necessary items and are not overloading your yacht.

Finally, installing the latest technology and equipment can also help you maximize fuel efficiency.

Outfitting your vessel with the latest navigation systems, fuel-injection systems, and fuel-monitoring systems can help you track and monitor your fuel consumption and make sure you are running your engines optimally.

Additionally, investing in newer, more fuel-efficient engines can also help you get the most out of your fuel capacity.

Tips for Conserving Fuel

When it comes to conserving fuel on a superyacht, there are several important steps that can be taken to ensure maximum efficiency.

First, it is important to ensure that the engines are running optimally, as any issues with the engines can lead to an increase in fuel consumption.

This can be done by regularly inspecting the engines and checking the oil levels to keep them in good condition.

It may also be beneficial to install devices, such as fuel flow meters, that can help monitor fuel usage and ensure that the engines are running optimally.

Second, reducing drag and improving aerodynamics can help to reduce fuel consumption.

This can be done by making sure that all of the yacht’s systems, such as the propellers, rudders, and hulls, are in optimal condition.

Additionally, installing wind-catching devices, such as wind deflectors, can help to reduce drag and improve fuel efficiency.

Third, it is important to ensure that the yacht is properly loaded.

This means that the weight of the yacht should be evenly distributed and that all unnecessary items should be removed.

Additionally, it is important to ensure that the fuel tanks are not overfilled, as this can lead to fuel being wasted due to sloshing.

Finally, it is important to be mindful of the yacht’s route.

Taking a more direct route and avoiding areas with heavy currents, such as narrow straits and rivers, can help to reduce fuel usage.

Additionally, sailing during periods of favorable wind can help to reduce fuel consumption, as the yacht will be able to make use of the wind energy to help power the vessel.

Final Thoughts

It’s clear that the amount of fuel a superyacht holds can vary greatly depending on a variety of factors, from the size and type of yacht to the engine type and fuel efficiency.

The average superyacht holds anywhere from 15,000 to 50,000 gallons of fuel, and some of the largest vessels can hold up to 200,000 gallons.

Having a larger fuel capacity is beneficial for longer trips, but it’s important to consider how to maximize fuel efficiency and conserve fuel to make the most out of the fuel you have.

With the right knowledge and a few tips, you can ensure that your superyacht has the fuel capacity it needs to provide the best possible experience.

James Frami

At the age of 15, he and four other friends from his neighborhood constructed their first boat. He has been sailing for almost 30 years and has a wealth of knowledge that he wants to share with others.

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This is what it takes to fill up the world’s most pricey superyacht.

Russian billionaire Alisher Usmanov owns the largest superyacht in the world — and it will cost you the same as four supercars just to fill it up.

The plush 512-foot vessel — which has the largest indoor pool ever installed on a superyacht — is said to cost up to $60 million to run every year.

Dilbar, custom built for 68-year-old tycoon Usmanov, is the largest yacht in the world in terms of internal volume.

Although the details of the vessel have mostly been kept under wraps, the behemoth boasts an 82-foot pool, two helipads for VIP guests, a beach deck and a floating observation bay.

It reportedly has a vast 40,900 square feet of living space for 24 guests — and 1,000 cushions to keep them comfy.

According to Boat International, Dilbar is usually run by a crew of 80 to help maintain the vessel and wait on her guests.

But the crew can be ramped up to 96 members when needed – meaning Dilbar can carry as many as 120 people when sailing the seas at full capacity.

For guests missing dry land, the vessel also features a huge garden complete with a specially developed variety of grass that tolerates the salty sea air.

According to a video of the yacht being refueled on The Yacht Mogul Instagram account, a 500,000-liter refuel would cost up to $1.1 million with an average price of $2.20 per liter.

But social media users said the costs sounded too much and that final price could also include personnel, the dock price and transportation.

Yet taking into account the average price of fuel for yachts in the US, refueling would still reportedly cost nearly $588,000 to fill up — the same price as four supercars.

One user pointed out: “If you spent $600M for the ship you certainly don’t care how much fuel cost!”

The super-secretive yacht’s price is estimated between $600 million and $735 million based on its mammoth size.

The owner, Usmanov, has an estimated net worth of $13 billion.

The self-made billionaire made his fortune through investments in metals, media, telecommunications and sport, including a stake in Arsenal FC.

Usmanov ordered Dilbar to replace his other superyacht — a 377-foot vessel which was previously called Dilbar and now known as Ona.

German ship builder Lürssen said Dilbar was “one of the most complex and challenging yachts ever built, in terms of both dimensions and technology”.

According to reports, a massive 683 miles of cabling — almost the same length as the total land borders of the country of Bhutan — was laid to power all of the amenities and facilities on board.

Lürssen also claimed the 30,000kw electric-diesel hybrid power plant which Dilbar runs on is the most powerful to ever be fitted on a yacht.

The gigantic vessel has a cruising speed of 22.5 knots.

Dimitri Semenikhin, of Yacht Harbour, previously said: “Yacht projects of this scale never fail to impress, especially when Lurssen is involved.

“Dilbar is constructed in such a way that even through helicopter photo shoots, none of its features can actually be seen other than her two helipads.

“Although there are some outdoor spaces on the yacht, the majority of the living space is located indoors, which has led to Dilbar having the largest interior volume of any yacht ever built.”

This story originally appeared on  The Sun  and has been reproduced here with permission.

How Much Fuel Does a Yacht Use? An In-Depth Analysis

When it comes to luxury and adventure on the high seas, yachts are the epitome of both. Whether you’re a yacht owner or dreaming of chartering one for your next vacation, understanding the fuel consumption of these majestic vessels is crucial. Fuel usage not only impacts the cost of your journey but also has environmental implications. In this article, we dive into the factors affecting yacht fuel consumption and provide insights to help you estimate how much fuel a yacht uses.

Understanding Yacht Fuel Consumption

Fuel consumption in yachts is influenced by several factors, including the yacht’s size, engine type, cruising speed, and conditions at sea. Here, we break down these elements to give you a clearer picture.

Yacht Size and Engine Type

Yachts come in various sizes, from smaller 40-foot models to massive 100-foot plus luxury liners. Generally, the larger the yacht, the more fuel it consumes. Engine type also plays a significant role. Traditional diesel engines are common, but newer models may feature more efficient or hybrid engines that can impact fuel usage.

Cruising Speed

Speed is a significant factor in fuel consumption. Higher speeds increase resistance in the water, requiring more power and, consequently, more fuel. Cruising at a yacht’s optimal speed, often referred to as the “hull speed,” can help maximize fuel efficiency.

Conditions at Sea

Sea conditions can also affect fuel consumption. Smooth, calm waters allow for more efficient travel, while rough seas can increase fuel use due to the additional power needed to maintain speed and stability.

Estimating Yacht Fuel Consumption

While it’s challenging to provide a one-size-fits-all answer due to the variables involved, we can offer some general guidelines. On average, a yacht might use between 20 to 100 gallons of fuel per hour. Smaller yachts, such as those around 40 feet, tend to be on the lower end of the scale, consuming about 20 to 40 gallons per hour. Larger vessels, which are over 100 feet, can consume significantly more, sometimes exceeding 100 gallons per hour, especially at higher speeds.

Example Calculations

Let’s look at an example. For a 70-foot yacht cruising at a moderate speed of 20 knots, fuel consumption could be around 50 gallons per hour. If you’re planning a 100-mile journey, at 20 knots, it would take you approximately 5 hours. This means the total fuel consumption for the trip could be around 250 gallons.

Tips for Reducing Fuel Consumption

• Cruise at Efficient Speeds: Find and maintain your yacht’s hull speed for optimal fuel efficiency.
• Regular Maintenance: Keep the engine and hull in top condition to reduce drag and ensure the engine runs efficiently.
• Plan Your Route: Opt for the most direct route and consider current sea conditions to minimize unnecessary fuel use.
• Lighten Your Load: Only carry what you need for your journey, as extra weight can increase fuel consumption.

Understanding and managing fuel consumption is crucial for any yacht owner or enthusiast. By considering the factors outlined above and implementing fuel-saving strategies, you can enjoy the luxury of yachting more sustainably and cost-effectively. Whether planning a short excursion or a long voyage, a careful consideration of fuel use will enhance your experience on the water.

Remember, every yacht is unique, and so is its fuel consumption. For specific figures, consult your yacht’s manual or speak with a marine professional who can provide insights tailored to your vessel. Enjoy your time at sea, and sail smartly!

Listing your boat with Yachtlify provides several unique benefits, including:

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Costs of food provisions will vary dependent upon how eloborate food Preferenaces are

Location will play huge factor in food provisons and thing may have to be folws into remorte locations.

Crew is one of the largest expenses on a superyacht and critical to the owner’s enjoyment of their vessel. As the largest crew agency in the world, we know crew. Our cost calculator contains customized crew lists for yachts ranging from 80ft to 600ft with salary information based on our reference verified salary data.

Our users also have the ability to completely tailor the crew list to the specific needs, schedule and requirements of their vessel. Each yacht is unique and may have specific owner requests in addition to the yacht’s safe manning requirements.

Management of the supplemental crew costs and strategic budgeting can help avoid significant overspend on categories such as food and uniform. This tool contains default values based on our industry expertise and recommended budget for an efficiently and safely run superyacht.

To learn more about each crew position in detail, including salary ranges, please visit our yacht department directory .

Drag the sliders to modify your results. These are not linear scales and we expect most yachts to operate within the 20-80% window. Above 80% and below 20% costs increase or decrease at exaggerated levels and we only see numbers in these levels in very rare circumstances.

This sunburst diagram is interactive. You can click into each block to see the expense break down and mouse over each block for more details.

Our chart of accounts displays seven major categories, 20 sub-categories plus a further 80 detail categories for a total of 107.

Our yacht operating cost calculator is now on it’s third major revision. We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.

Our operating cost calculator is tuned for yachts from 80 to 600 feet. We find operating variables create the largest variances for yachts smaller than 100 feet and larger than 250 feet. We have tested the numbers the most in the range from 100 to 250 feet.

Our budget calculator factors in the fuel burn for a range of engine sizes typically seen installed on yachts by length. By dragging the green “fuel dockage” slider to the right you will increase the projected fuel burn rate and therefore the budget cost for fuel. Our default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.

Our default values produce a budget number that we believe is generous to run a yacht to a high standard. Perfect is a very expensive word to use in the yachting industry where standards are already high. Moving the crew and maintenance sliders to 80% will provide an “industry best” quality of crew and give them the maintenance budget to operate to a very high standard. If you need to go over the 80% area then you may have unusually labor intensive equipment on the yacht.

Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel movement but leave the essential base maintenance and insurance in place.

Lift on and float in yacht transport is a popular way to transport yachts across large ocean passage. The yachts that this service certainly applies to are ones that may not have the motoring range or structural integrity for blue ocean cruising. The cost of transporting a yacht twice per year is put into our budget once the “Fuel Dockage” slider hits 75%. If your yacht has the range we recommend self-sufficient ocean passages whenever possible. Whilst the transport companies sell their services based upon reportedly well oiled operated schedules the reality is that your yacht may stay waiting for pickup for a week or more with no compensation due. When factoring in all secondary factors of self-sufficient passages (increased fuel, maintenance, potential storm damage, crew time off, extra delivery crew) compared with transporting your yacht (insurance, potential loading / unloading damage, loss of schedule control, no work whilst underway, crew flights, crew accommodation) we believe that there is a 100% premium associated with float in transport and a 75% premium with lift on transport compared with self-powered.

Abandoned yachts crash in value. We recommend that even if you are trying to sell your yacht that you use the yacht for a minimum of two weeks per year so that systems are tested and working every six months. There is nothing worse for a yacht than not being used. If you truly are not going to use the yacht then you should sell it immediately for the first genuine offer as every dollar you put into maintenance will not be recovered at the time of the sale.

We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way. Similarly crew numbers don’t scale in the same manner that they do for motor yachts. If there is sufficient demand we may build a sailing selector switch into a future version of this tool.

We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. This over used saying is sadly right occasionally (particularly for newer yachts in the $20-30M range)… but just because a broken watch tells the right time twice a day you shouldn’t rely upon it to tell the time. As yachts get older their capital value decreases but their maintenance costs increase. There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker… we know some good ones. 😊

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Yacht Maintenance Cost. The Real Costs of Owning a Superyacht

23rd oct 2023 by samantha wilson.

The superyacht industry has seen an unprecedented boom. While superyachts were always highly sought after commodities, the idea of escaping the crowds, exploring off-the-beaten-path destinations, and having a private holiday have never been more popular. But superyacht holidays are one of the most extravagant luxuries there is, and left to a small percentage of UHNWIs. In fact, luxury yachts top the list of the 10 most expensive asset purchases ever recorded (see our Superyacht FAQs for the largest and most expensive superyachts in the world) . The cost of superyacht ownership is no small undertaking and, as for all boat owners, the purchase price is just the beginning.

Here we take a look at average superyacht operating costs : (for something a bit smaller, check out our guide to creating a boat buying budget .)

Yacht maintenance cost

As a general rule, superyacht owners can expect to spend roughly 10-12% of the initial purchase price on upkeep and running of their yacht. Of course superyachts come in all shapes and sizes ranging from 24 metres to well over 100 metres, and purchase prices will be reflected in the size, age and finish. The average sale price for a superyacht is around $8 million, however a 24 metre yacht could be around $1 million (or less for used superyachts), $11 million in the 40m-50m category, $24 million in the 50m-70m category and around $80 million for yachts of 70m or more. Some of the largest yachts in the world (those over 100 metres in length) can go for up to as $175 million. So a $50 million yacht is likely to cost around $5 million a year to run and maintain, while the largest yachts could run to over $50 million a year. So what is it that costs all the extra every year?

Yacht f uel costs

One of the biggest outgoings in the running of a superyacht is the cost of diesel . To put this into context, a 70 metre-long superyacht will use around 500 litres of diesel an hour just to run the generators. A moving yacht will be using approximately $2,000 per hour whilst underway at a speed of around 18 knots. A smaller yacht will obviously use much less, so a 45 metre yacht will use around 560 litres per hour whilst underway at a rough cost of around $500/hour. Based on around 500 hours of cruising time per year that is approximately $250,000, plus all the time spent at anchor and any fuel used for tenders. 

Berthing and mooring costs

As with all boats big and small, berthing costs are one of the highest expenditures. Marinas vary hugely in price, with the most sought after incurring the highest price tags. The most exclusive marinas can cost around $3,000 per night and be booked up long in advance. 

In general however, dockage is usually priced by the length of the yacht and per night, although long-term contracts are also possible. Berthing fees will not usually include electricity, water and waste removal, which need to be factored in too. When winter sets in, if the yacht isn’t travelling to warmer climes, some yachts opt for dry dock, especially if they’re looking to get maintenance and repairs done. This involves lifting the yacht out of the water with specially designed cranes. 

Owner-on-board costs

Of course the whole point of having a beautiful superyacht is to use it and enjoy it. Costs when the owner is on board go up as a full crew, food, alcohol, flowers and any other entertainment costs such as parties and events need to be accounted for. With most yachts able to accommodate up to 12 guests, a yacht in full cruising and entertaining mode could include everything from helicopters and land transfers, to  

Super yachts crew salaries

Superyacht crews vary in size from three or four members to in excess of 70 members on the largest yachts. When you consider that their salaries, taxes, recruitment fees, food and travel for holiday time and repatriation need to be taken into account, the superyacht crew costs are some of the highest expenditures. A captain’s salary alone can be in excess of $20,000, with some chief engineers on $10,000 and chefs around $5,000-$8,000. Crew wages can easily be around $100,000 per month for larger yachts, while a crew of 8 on a 45 metre yacht could be in the region of $600,000 per year. Add to that figure management agencies, shore based crew, specialist part-time crew such as helicopter pilots and food to feed them all and it’s easy to see why this figure is one of the highest outgoings.  

Super yacht repairs

Superyachts need constant upkeep and maintenance which could include everything from maintenance of the engines, to the thrusters, sails, swimming pool/hot tub, decks, electronics, safety equipment, hull, interior and much more. Superyacht maintenance costs are on-going, but winter is usually the time for major projects in shipyards, and costs can vary hugely depending on the level of work being done. Lifting the yacht out of the water, wrapping it for a re-paint or having a new interior refit are big undertakings. 

Super yachts taxes and insurances

Superyacht taxes and insurances must be factored into the cost of owning a superyacht, with import tax on new vessels up to 20% (see our article on VAT and Brexit ) and insurance policies around 0.8% and 1.2% of the boat’s purchase price each year. 

Communication Costs

An often under looked outgoing in the running of a superyacht is the communication costs. With the internet a must-have on board for both guests and crew, packages for satellite and broadband communications can start from around of $4,000 to $5,000 per month. 

Super yachts tenders and toys

One of the highlights of a superyacht charter or holiday are the amazing array of water toys. From classic Jet skis and scuba gear to new-fangled jet packs and sea bobs, the choice is incredible but not cheap. Tenders too are a must for allowing guests and crew to get to shore, for exploring and for water sports. Some of the custom built models can cost $1 million alone. Add to all this James Bond-style additions such as helicopters and submersibles and the sky is the limit when it comes to spending on amazing tenders and toys. 

Superyachts are some of the most incredible and prestigious machines on the planet, and owning one is an incomparable experience. Whether you’re in a position to buy a superyacht or looking to buy a boat of a smaller length, then Rightboat.com should be your first port of call. With thousands of boats and superyachts represented by the top brokers in the industry, you will be in safe, private and experienced hands. 

Written By: Samantha Wilson

Samantha Wilson has spent her entire life on and around boats, from tiny sailing dinghies all the way up to superyachts. She writes for many boating and yachting publications, top charter agencies, and some of the largest travel businesses in the industry, combining her knowledge and passion of boating, travel and writing to create topical, useful and engaging content.

More from: Samantha Wilson

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Mega Yachts: what they are, how much they cost, and how much it costs to maintain them

Mega yachts are luxury vessels that appeared on the market in the 1980s. The first in history was the yacht Nabila, launched in 1979 and owned by the oilman Kashoggi.

Their characteristic, as their name suggests, is that they have dimensions that far exceed the standards of traditional yachts.

In fact, the average length of a super yacht is around 40 metres, but they also go much further, as there are no limits to their size and tonnage other than those established by the wishes and possibilities of their owners.

At the moment, the longest of them all is the Azzam, which measures 180 metres and is also super because of its price (500 million euros) and the amount of fuel it can hold (one million litres).

Summing up.

What are mega yachts?

Mega yachts are yachts of 40 metres and more in length equipped with luxury fittings and options. Some famous mega yachts are:

the Eclipse, Abramovich’s yacht ousted by the Azzam for the record in length, still unsurpassed for its two helicopter landing pads and a missile launcher defence system. The Mirage, the invisible yacht built of glass when viewed from 50 metres away. The Ferretti Group’s Custom Line Navetta 37, capable of reaching a speed of 12 knots despite its large size. CRN Chopi Chopi, the largest mega yacht built in Ancona.

Other super yachts boast indoor swimming pools and beaches, and spaces to make luxury constructions built on land envious.

In the luxury yacht sector, these ‘private ships’ account for about 1/4 of the total market. A portion that is destined to grow and which, predictably soon, will reach 50% of the total.

Italy is one of the countries where the construction of these large luxury yachts will be strategic for the entire nautical sector, and interest in these extraordinary constructions is very high.

But what are the expense items for a potential owner to take into account? Let’s try to see them all.

Mega yacht cost: the complete overview

The cost of these super yachts, as is easy to imagine, varies with their size. If a luxury yacht between 30 and 40 metres, such as the Navetta Custom Line 42, has a list price of 18 million euros, the 100-metre models, on the other hand, come close to, and sometimes exceed, 100 million euros. All the way up to the 500 million of the aforementioned Azzam.

These are true monsters of the sea, such as those built by Blohm + Voss, or signed by designers such as Francesco Paszkowski and Lenard Nuvolari, which require almost unlimited availability if one considers all the expenses they entail.

Important items of expenditure concern the management of personnel, including extra salaries, and that for fittings and furnishings, which will inevitably be up to the quality standards of design and prestige that characterise any yacht or luxury mega-yacht down to the last detail.

Let’s take a look at what the most ordinary expenses related to the maintenance of a super yacht reach.

There is certainly no shortage of yachts for sale even when it comes to mega yachts, but it might be useful to know that prices drop a lot when you opt for second-hand.

The choice of models available is wide here as well.

Interested in our list of new yachts? Find out what your next luxury yacht will be. Click to link to the dedicated page.

Mega yachts: how much does it cost to maintain them

The total expected expenditure is about 10 per cent of the purchase value, to which hauling, parking and crew costs must be added.

Then there are ordinary maintenance costs that protect against humidity, sun and salt, and extraordinary maintenance costs that take into account other minor extraordinary incidents.

Indicatively, we can assume a cost of 12,000 euro for hauling and launching and another 10,000 for engine maintenance.

Finally, the purchase of accessories to improve the yacht’s condition will also affect the total expenditure.

Mooring costs are also very significant. The most expensive marina by far is Capri, where daily costs are even double those of Port de Saint Tropez: 2585 euro per day for a 40+ metre yacht in high season. The Italian leader is followed by the marinas of Porto Cervo and Portofino, where, however, the cost does not fall below 2,000 euros.

Here, too, costs rise as the size increases, provided, however, that mooring is allowed.

These include the Mirabello marina in La Spezia, which is certainly one of the most suitable marinas for mooring megayachts – it was chosen by Giorgio Armani for his M/Y Main.

Generally, however, as already mentioned, not all marinas allow large luxury yachts: and from 70 metres in length onwards the only option is to anchor offshore.

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This Fuel-Sipping Superyacht Can Travel More Than 6,000 Miles Between Fill-Ups

Feadship's new vitruvius-designed 190-foot najiba sets a new standard for superyacht efficiency., howard walker, howard walker's most recent stories.

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Think of it as the Prius of the seas. Najiba , the newly completed, 190-foot all-aluminum superyacht built by Dutch craftsmen at Feadship from a Vitruvius Yachts design, sips fuel like the hybrid Toyota. Well, almost.

During recent sea trials, Najiba reportedly delivered a truly astonishing fuel consumption best of just three gallons per nautical mile at its 12-knot cruising speed. That’s despite this sleek and slender motor yacht tipping the scales at 880 tons and having a couple of muscly 1,448 hp MTU 12-cylinder diesels providing the power.

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The secret, it seems, is down to the highly efficient hull design—that, and a single-minded focus on making the yacht slice through water like a hot knife through butter with minimal resistance.

The creative force behind Vitruvius , ace French designer Philippe Briand —one of his many fortes is drawing super-fast racing sailboats —penned the lines of Najiba’s lightweight alloy hull. He gave the yacht a wave-piercing plumb bow and maximum waterline, and closely worked with Feadship to reduce the effect of appendages like the propeller shafts, stabilizers and thrusters.

The real-world results that came out of the extensive sea trails included an increased top speed—from the original goal of 16 knots to 17—and a cruising-speed range of more than 6,000 nautical miles compared to the projected 5,000 miles. That’s Antibes to Miami with fuel to spare in the yacht’s 23,757-gallon fuel tanks.

The choice of using lightweight aluminum was also a major factor in increasing the yacht’s efficiency. The entire hull and superstructure were built using the alloy, while the yacht’s design called for a sleek, lower-than-usual wheelhouse to reduce wind resistance at speed.

“These results mean that despite the complexity of her development and build, we have outperformed all expectations with Najiba ,” explained Roderick de Vries, technical director of the Feadship yard in Aalsmeer, southwest of Amsterdam.

The entire hull and superstructure were built using lightweight aluminum.  Photo: Courtesy of Feadship

“It was a real ‘wow’ moment for everyone involved to see this level of efficiency achieved during sea trials. It is one thing to design such an efficient full-displacement motor yacht, but another to translate these lines and shapes into a stunning Feadship that is even faster and more fuel-efficient than we projected.”

Najiba is the fifth Vitruvius-designed yacht.  Photo: Courtesy of Feadship

Right now Najiba , which means “noble,” is with its new owner on a maiden voyage to Bergen in Norway. Chances are he won’t be looking to fill up any time soon.

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What is the average cost of fuel required to fill up a mega yacht?

The average cost of fuel required to fill up a mega yacht can vary depending on factors such as the size of the yacht, fuel consumption rate, and current fuel prices. However, based on what we found on the Internet, here is some information that can give you an idea of the costs involved:

• Alisher Usmanov's yacht, Dilbar, is considered the largest motor yacht in the world. It has an estimated fuel capacity of 1,000,049 liters (220,000 gallons) [1] .
• TheYachtMogul claims that Dilbar recently received a 500,000-liter refill, which, at an average price of $3 per liter, would bring the total cost up to $1,500,000 [1] .
• The average price for a gallon (3.9 liters) of fuel for yachts in the U.S. is around $3.2-$3.7, but it can vary depending on the location [1] .

Learn more:

• What It Costs to Fuel Alisher Usmanov's Yacht, Dilbar? Enough to Buy a Smaller Yacht - autoevolution
• Yacht Fuel Cost Calculator - How to Estimate the Costs
• Ever wondered how much it costs to fuel a $600 million superyacht? Hint - For that money, you can actually get an apartment in Manhattan and a Tesla Model S. - Luxurylaunches

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What Fuel Do Yachts Use? (All Types Explained in Detail)

Yachts, just like cars, require fuel to operate. However, unlike cars that run on gasoline or diesel, yachts can run on a variety of fuels, from traditional fossil fuels to more eco-friendly alternatives. In this article, we'll explore the different types of fuel used on yachts in full detail.

Some of the most common yacht fuels include diesel, gasoline, biofuels, natural gas, propane fuel, and electric or hybrid fuel systems that combine diesel and electric power. Using electricity produces no emissions or noise pollution, making it an eco-friendly option. However, they have a limited range and require frequent charging.

Sailing yachts typically use diesel, biodiesel, or electric propulsion systems, with diesel being the most commonly preferred. But what type of fuel is best for a specific type of yacht? Let's find out.

• Diesel fuel is highly efficient and widely available in most marinas; however, it produces more emissions than gasoline.
• Bio-diesel fuel can be used in any diesel engine with little to no modifications; however, it is not widely available and can be more expensive than diesel.
• Electric fuel sources are virtually silent and produce zero emissions, but you may need to recharge your batteries frequently.
• Converting your yacht to use natural gas can have significant upfront costs since you will need specialized refueling infrastructure.
• Propane is widely available at marinas, is less expensive than diesel or gasoline, and can be used in any gasoline engine.

On this page:

Types of fuel used in yachts, fuel for different types of yachts, factors to consider when choosing yacht fuel.

Below is a table showing the most common types of yacht fuel and their advantages and disadvantages:

Diesel fuel is the most common type of fuel used in yachts

Diesel fuel is a highly efficient fuel that provides excellent performance and fuel economy. It is also widely available and can be found at most marinas and fuel docks.

Advantages of diesel fuel

• Diesel fuel has a higher energy density than gasoline, which means you can get more power from a smaller amount of fuel.
• They are known for their torque and power making them ideal for larger yachts and long-range cruising.
• Diesel engines are more fuel-efficient than gasoline engines so you can save money on fuel costs in the long run.
• Diesel engines are built to last, and they require less maintenance than gasoline engines. For more information on the life expectancy of a marine diesel engine , you can read this article.

Disadvantages of diesel fuel

• Diesel fuel is generally more expensive than gasoline.
• Diesel engines are slower to accelerate than gasoline engines.
• Diesel fuel produces more emissions than gasoline, which can have a negative impact on the environment.

Gasoline is another fuel option for yachts

Small personal boats usually use regular gasoline with 10% ethanol or lower. However, larger boats like yachts usually use off-road diesel.

Advantages of gasoline

• Gasoline engines are known for their fast acceleration, which makes them ideal for water sports and other activities that require quick bursts of speed. They are also used to power smaller types of yachts.
• Gasoline is widely available so it is easy to refuel your yacht.

Disadvantages of gasoline

• Gasoline has a lower energy density than diesel fuel.
• Gasoline engines are less fuel-efficient than diesel engines, so you'll spend more money on fuel in the long run.
• Gasoline engines are generally less durable than diesel engines, so they require more maintenance and may need to be replaced more frequently.

Bio-diesel fuel is a renewable fuel source

Bio-diesel fuel is a renewable fuel source that is made from vegetable oils, animal fats, or recycled restaurant grease. It is a clean-burning fuel that produces fewer emissions than traditional diesel fuel. Bio-diesel fuel can be used in any diesel engine with little to no modifications.

Advantages of bio-diesel

• Bio-diesel is made from renewable sources and produces fewer emissions than diesel.
• Bio-diesel produces fewer emissions than diesel, which makes it a more environmentally friendly option.

Disadvantages of bio-diesel

• Bio-diesel is not widely available.
• Bio-diesel is generally more expensive than diesel.

Electric and hybrid fuel systems are becoming more common in yachts

These systems use electric motors and batteries to power the yacht, with a diesel or gasoline generator as a backup. Electric and hybrid systems are quiet, efficient, and environmentally friendly.

Advantages of electric motor fuels

• Electric motors are virtually silent, which makes for a more peaceful cruising experience.
• Electric motors produce zero emissions.
• Electric motors are very efficient, so you'll spend less money on fuel and maintenance in the long run.

Disadvantages of electric motor fuels

• Electric motors have a limited range so you'll need to recharge your batteries frequently.
• Electric motors are generally slower than gasoline and diesel engines.
• Electric propulsion systems are generally more expensive than traditional gasoline or diesel engines.

Natural gas fuel can also be an option for yachts

Natural gas is a clean-burning fuel that produces fewer emissions than diesel or gasoline. However, it is not widely available at marinas and fuel docks. If you plan on using natural gas as your yacht's primary fuel source, you might need to install a natural gas storage tank on board.

Advantages of natural gas

• Natural gas produces fewer emissions than diesel or gasoline, which makes it a more environmentally friendly option.
• Natural gas is generally less expensive than diesel or gasoline, which can help reduce your operating costs.

Disadvantages of natural gas

• Natural gas is not widely available so it's difficult to find refueling stations.
• Converting your yacht to use natural gas can be expensive
• Natural gas requires specialized refueling infrastructure

Propane is another clean-burning fuel option for yachts

Propane is widely available at marinas and fuel docks and is less expensive than diesel or gasoline. It can be used in any gasoline engine with little to no modifications.

Advantages of propane

• Propane produces fewer emissions
• It is generally less expensive, which can help reduce your operating costs.
• Propane is widely available, which makes it easy to refuel your yacht.

Disadvantages of propane

• Propane has a lower energy density than diesel or gasoline.
• Propane requires specialized refueling infrastructure, which can be difficult to find in some areas.
• Converting your yacht to use propane can be expensive.

Below is a table showing the different types of fuel used for different types of yachts:

Fuel for sailing yachts

Sailing yachts typically use diesel, biodiesel, or electric propulsion systems. Diesel engines are commonly used in larger sailing yachts that require a lot of power, while biodiesel is often used by eco-conscious yacht owners who want to reduce their environmental impact.

Electric propulsion systems are becoming increasingly popular in sailing yachts due to their quiet operation and zero emissions, making them an excellent choice for eco-conscious yacht owners.

If you want to know how much fuel a sailboat consumes , you can read this article.

Fuel for motor yachts

Motor yachts can use a variety of fuel types, including diesel, gasoline, biodiesel, and electric. Diesel engines are commonly used in larger motor yachts that require a lot of power, while gasoline engines are often used in smaller sporty yachts that are designed for speed and agility.

Biodiesel is often used by eco-conscious yacht owners who want to reduce their environmental impact. Electric motors are becoming more popular on motor yachts, particularly for smaller vessels. However, they may have a limited range and require frequent recharging, which can be a challenge on longer trips.

Fuel for catamarans

Generally, diesel fuel is the most common and preferred fuel for catamaran yachts because it provides better fuel efficiency, longer range, and greater power compared to gasoline. However, some catamaran yachts may also use alternative fuels such as biofuels or electric propulsion systems.

If you own a catamaran or plan to buy one , fuel costs are one of the recurring costs you might need to account for.

Fuel for trawlers

Traditionally, trawlers have used diesel as their primary fuel source because diesel engines are known for their efficiency and durability. Diesel fuel is also widely available and relatively inexpensive compared to other fuel options.

However, there are alternative fuel options that are becoming more popular in the marine industry, such as liquefied natural gas (LNG) and biodiesel. LNG is a cleaner-burning fuel that emits fewer greenhouse gases and pollutants than diesel, making it a more environmentally friendly option.

Biodiesel is a renewable fuel source made from vegetable oils or animal fats, which reduces dependence on fossil fuels and has lower emissions.

Fuel for superyacht

Diesel fuel is often the preferred choice for superyachts due to its high energy density and efficient combustion properties. Diesel fuel is also readily available at most ports around the world, making it a convenient choice for yacht owners and operators.

However, some superyachts may also use alternative fuels such as biodiesel or liquefied natural gas (LNG) for environmental or cost-saving reasons. Some superyachts also use gas turbines or electric propulsion systems as an alternative to traditional diesel engines.

Gas turbines are known for their high power output and efficiency, making them a popular choice for larger yachts that require high speeds or long-range cruising capabilities. Electric propulsion systems, on the other hand, are becoming increasingly popular due to their environmental benefits and quiet operation.

Electric propulsion systems can be powered by batteries, fuel cells, or a combination of both, and can provide a smooth and efficient ride for passengers. However, electric propulsion systems may not be suitable for all types of superyachts, as they typically require a significant amount of battery storage and charging infrastructure, which can be challenging to install and maintain on larger vessels.

When chartering a superyacht , fuel costs generally cost around $4,760 to $11,900 per day (depending on distance and speed).

Fuel for megayacht

In general, the most common fuels used for megayachts are diesel and gasoline. Diesel is the preferred fuel for larger yachts because it is more efficient and has a longer range than gasoline.

Diesel engines are also more durable and require less maintenance than gasoline engines. Additionally, it is more widely available in most parts of the world, making it easier to refuel during long voyages.

On the other hand, gasoline is preferred for smaller yachts because it is more affordable and easier to handle than diesel. Gasoline engines are also quieter and more responsive than diesel engines so they are ideal for high-speed cruising.

In recent years, there has been a growing interest in using alternative fuels such as biodiesel, hydrogen, and electric power for mega yachts. These fuels are more environmentally friendly and can help reduce the carbon footprint of yachting. However, they are still in the early stages of development and may not be suitable for all types of yachts.

Here are some of the most important factors to consider when choosing the right fuel for your yacht:

Consider the cost of fuel when choosing the right fuel for your yacht

Below is a table comparing the estimated pricing of alternative yacht fuels as compared to traditional fuel:

Propane, natural gas, and electric power can certainly be used as alternative fuels for yachts, and they can be cost-effective options in some cases. However, propane and natural gas may not be readily available in all locations, and electric power requires a significant amount of battery storage and charging infrastructure, which can be expensive and may not be practical for all yachts.

Availability is another important factor to consider

Some areas may have limited access to certain types of fuel due to a lack of infrastructure, regulations, or other factors. For example, biodiesel may not be readily available in some areas, while natural gas and propane may require additional storage equipment that may not be practical for all yachts.

Therefore, you might need to plan ahead and make sure you have enough fuel for your trip. This means considering the distance you will be traveling and the availability of fuel along your route. If you are traveling to remote areas or areas without access to the necessary infrastructure, it may be more practical to choose a fuel that is more widely available.

The environmental impact of fuel is a growing concern for many yacht owners

Some fuels are more environmentally friendly than others, so you can perhaps try to choose a fuel that minimizes your yacht's impact on the environment. Biofuels and electric power are becoming more popular options for yacht owners who want to reduce their carbon footprint.

The type of fuel you choose must be compatible with your yacht's engine

Some engines are designed to run on specific types of fuel, and using the wrong fuel can cause significant damage to the engine and even pose safety risks.

A gasoline engine is designed to run on gasoline fuel, while a diesel engine is designed to run on diesel fuel. If you mistakenly use gasoline in a diesel engine, the fuel injection system can be damaged, and the engine may not start or run properly.

The distance and duration of your yacht trips can also affect your choice of fuel

If you're planning a long trip, you might need to consider the range of your fuel. Some fuels have a longer range than others, meaning they can power your yacht for a longer distance and duration before needing to refuel.

Diesel fuel generally has a longer range than gasoline, making it a popular choice for long-range yacht trips. This is because diesel engines are generally more fuel-efficient than gasoline engines and can travel farther on a tank of fuel.

If you're only planning a short trip, you may be able to use less expensive fuel, such as regular gasoline. This can save you money on fuel costs, but ensure that the fuel you choose is still appropriate for your yacht's engine.

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What Types Of Fuel Do Superyachts Use?

If someone asked you what fuel is used to fill a superyacht, would you know? Are there certain superyacht fuels that are more sustainable than others? And what fuel do the professionals recommend? Let’s find out:

3 Examples of Superyacht Fuel:

Class A2 Gas Oil (10ppm)

• Meets current BS2869 and ISO 8217 standards
• Has maximum sulphur content of 10ppm (or 0.001 %)

You can get two different types of gas oil 10ppm which are:

• FAME FREE gas oil
• Gas oil with FAME content

The gas oil with the FAME content is biodiesel with a blend of Fatty Acid Methyl Ester (FAME) produced from plant oils.

Class D 1000ppm (1000ppm)

• Has a maximum sulfur content of 1000ppm
• Class D 1000ppm can be used in all marine applications
• Slightly cheaper than gas oil 10ppm

Green D+ HVO

• An enhancement of HVO (Hydrotreated vegetable oil)
• This fuel is renewable, biodegradable, and sustainable.
• Made from 100% renewable raw materials
• Low emission fossil-free fuel which significantly reduces NOx and CO2 levels
• Improves fuel efficiency
• More expensive than gas oil class A2 and class D … at the moment

Did You Know:

Many   superyacht  owners   do   not   realise   that  fuel  is   used to   power   the   vessel and the generator when out at sea. The generator provides guests and crew with essential services like e lectricity when   they   are on board . As a result , the  number   of   passengers   on   board   at any one  time will  impact  the overall fuel consumption . 

So which Superyacht fuel is the most sustainable?

The most sustainable fuel is Green D+ HVO fuel which is renewable, biodegradable, and made from renewable raw materials. We are now seeing more inquiries for Green D+ HVO with the increased pressure for yachts to be more sustainable. Whether or not your superyacht can use this type of fuel will depend on the vessel.

And what fuel do the professionals recommend?

Regarding which is the best fuel, there’s no favourite. It all depends on each vessel. The engineers on board each yacht are very particular about the types of fuel they prefer, and they base decisions on current specs. E ngineers  will request   quality   certificates   for  each grade and then   make   their   decisions   based on this information.

For the latest superyacht news, go  here.

Lucy Johnson

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How Much Does It Really Cost To Own & Run A Superyacht?

If you think it’s hard work maintaining your tinny for weekend fishing trips up the river just take a minute to think about the costs involved in owning your own superyacht. Over the past decade, these behemoths of the sea have become the pinnacles of wealth and success for those with only the deepest of pockets.

These luxurious floating mansions are reserved for Russian billionaires, Saudi Princes and Hollywood celebrities, but if you’re lucky enough to win the lotto you might be able to join the upper echelon of society and own your own superyacht also.

The general rule? On average, owners pay 10% of the yacht’s value in up-keep costs per year, not including crew wages.

Initial Cost Of A Superyacht: ~ $10 Million

The cost of a superyacht varies depending on the size and technology it comes with. Chelsea owner Roman Abramovich’s Eclipse is a 533-foot monster that cost the billionaire $500 million, while America business mastermind David Geffen spent a cool $200 million on his 454-foot superyacht.

Registering Your Yacht: ~ $2,500

Just like any normal vehicle you have to register your brand new superyacht. This is a very important first step as choosing the flag and country of origin you want to register your yacht in can give some great benefits, especially when it comes to tax cuts. The Cayman Islands is a favourite amongst the super rich due to its tax breaks and relatively cheap registration fee, especially when compared to the actual cost of the yacht.

Insurance: ~ $353,850

As well as registering your new nautical explorer you’re going to want to make sure it’s insured. As you can imagine, insuring something as expensive as a superyacht isn’t cheap, so expect to fork out a few hundred thousand every year to make sure you’re covered.

Dockage: – $942,000 (Purchase)

The price varies from port to port across the world, with some docks charging up to six grand a night for casual slots. This 100-foot slot in Antibes is going for a lazy 590,000€ ($942,000) if you’re in the market to buy.

If you want a spot in Port Hercules over Formula 1 weekend, you’ll be looking at $35,000 AUD for a Zone 1 spot from May 20th till May 27th for our yacht size in question, which really isn’t too outrageous.

Fuel: ~ $472,000

If you think everyday fuel prices for your automobile are expensive than you might want to turn away now. Using around 400 litres of fuel an hour, a 100-foot superyacht is going to set you back another half a million to make sure you don’t run out of gas in the middle of the ocean if in use for the majority of the year.

Maintenance & Repairs: ~ $400,000

Like anything mechanical, a superyacht is prone to suffering wear and tear over the years. From routine maintenance to fixing blown motors and electrical equipment, the annual cost can be extravagant but is part and parcel of owning such an expensive toy.

Crew: ~ $876,000

Unless you’re a trained captain steering your own yacht and making sure the day to day running goes smoothly, you’ll have to employ staff to over see operations. Captains cost roughly $1,400 per year per foot of boat – that’s $156,000 or so to command a mere 100-footer according to Forbes.

Deckhands and stewards are relatively cheap at $40,000 to $70,000 per year which is supplemented with you shouting them accommodation and food, but a good chef will cost you at least $100,000 a year. You’ll also need roughly one deckhand for each guest, and we’re assuming you can comfortably fit 8 amigos. And did we mention an engineer? Because hey, we all know boats break down all the time. That’ll set you back at least another $140,000.

Total: ~ $13 million

If you add up the initial cost of your 100-foot superyacht and your yearly expenses you’re looking at roughly $13 million for the first year, then around $2.1 million every year after to maintain it (assuming you pretty much live aboard and minus the purchase costs of the berth & yacht). So the short answer? A fuckload. Maybe in another life.

RELATED: The 750-foot Project Valkyrie will be the world’s largest superyacht

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Ever wondered how much it costs to fuel a $600 million superyacht? Hint – For that money, you can actually get an apartment in Manhattan and a Tesla Model S.

The things we associate with superyachts – size, grandeur, and billionaires; but never bills! If buying a megayacht is a big feat, then maintaining the behemoth deserves a trophy too. Many world-renowned superyachts cost hundreds of millions (Dilbar is worth $600 million), but have you ever wondered how much it costs to get these floating beasts of the seas from one point to another? Dilbar yacht is considered one of the largest yachts in the world in volume. It was record-breaking owing to its incredible technology and the sheer size and was launched by German shipyard Lürssen in 2016. The fourth-longest yacht in the world that can house a crew of a hundred people also flaunts a total fuel capacity of 1,000,049 liters. By comparison, the Airbus A380 which is the worlds largest commercial aircraft needs 372,800 liters of fuel to tank up.

View this post on Instagram A post shared by Denis S (@theyachtmogul)

Note – The price of a Tesla Model S is $89,000 and a 690 sq ft 1 bhk apartment in 25, Broad Street, NYC costs $760,000.

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Pics – With a movie room, hammam style spa, beach club, and a helipad – This ultra luxurious 300 feet superyacht will soon be available for charter at $2 million a week

Tech billionaire who is searching for Alien life has the aptly named ‘Multiverse’ superyacht. Specifically built for exploring remote locations in utmost comfort, the $275 million behemoth has a wine bar, swimming pool, helicopter hangar, and a movie theater.

Sanctioned billionaire Alisher Usmanov is suing the German government for violating his human dignity by raiding and seizing his $800 million megayacht Dilbar. According to the oligarch, the 512 feet long vessel also constitutes as his ‘protected home.’

While the US government is very keen to seize the lavish $325 million mega yacht Amadea. The lawyers of the sanctioned oligarch Suleiman Kerimov are saying that the authorities cannot capture the vessel as it belongs to a different billionaire.

Forget Jeff Bezos’ $500 million megayacht Koru, it is this sanctioned Russian billionaire who has the world’s largest and most expensive sailing yacht in the world. Seized by Italy, the $600 million vessel has an underwater viewing pod, multiple elevators, and a submarine

Microsoft billionaire’s $60 million superyacht is a warship on vacation. Known as the father of MS Word and Excel, Charles Simonyi once worked as a night watchman in a computer lab. His yacht has a helipad and when cruising the massive ship is quieter than a Rolls Royce Phantom.

Longer than a football field, Feadship’s new Project 710 is one of the greenest superyachts ever built.

A greek crypto-tycoon has purchased this stunning 236 feet long superyacht designed by Giorgio Armani

While Italy enthusiastically seized seven luxury superyachts from wealthy Russian oligarchs, its taxpayers were stuck paying the $35 million bills to maintain the floating palaces. Each vessel uses more than $11,000 of electricity for air-conditioning so mold does not spread through the boat.

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How Much Does it (Really) Cost to Own a Yacht?

The true cost to own a yacht is an area of concern for many prospects of yacht ownership. And it should be.

Maintenance costs, exploitation costs, total cost compared to yacht charter, we detail in this article the expenses (especially the hidden ones) you have to consider before buying your first yacht !

We also provide you several solutions to lighten your investment and reduce the cost to own your yacht. 

If you are looking for the price of a yacht charter (rental), please read this article instead .

How much is a yacht?

Before diving into the expenses that comes monthly, yearly or every decades once you own a yacht, let’s answer the elephant in the room: How much is a yacht (alone) in the first place? The short answer is… it depends, of course. But in most cases, the longer the yacht, the higher is her selling price.

Generally speaking, you can expect to find yachts for sale in the following price ranges:

• Below 50ft (15m): between 500K – 2,500,000 € / USD
• Between 50-70ft (15-21m): between 2 millions and 6 millions € / USD ( See our 9 catamarans for sale under 6 millions here )
• Between 70-100ft (20-30m): between 6 millions and 20 millions € / USD
• Superyachts over 100ft (30m): minimum 10 millions € / USD

You can always find exceptions to the rule and find cheaper or more expensive yachts for sale outside of these price brackets.

A lot of factors come into the selling price of a yacht: supply and demand, brand / model reputation, age and condition of the vessel, urgency or lack of for the sale and so on.

What are the main hidden costs that come with yacht ownership?

You probably already guessed it, the cost of owning a yacht doesn’t stop at its purchase price . In some cases, the price you bought your yacht at can seem like a bargain, but it really isn’t once you start adding all the hidden costs, and many of them come yearly.

Here are the main ones you should be wary of.

Yacht exploitation and running costs : always calculate them carefully before buying your yacht

It always cost you money to exploit your yacht.

When you are chartering a yacht, a part of these operation costs is included in your APA (Advanced Provisionning Allowance) .

When you own a yacht, these costs still apply , but you will have to pay directly for them.

Among the main operation costs, the most important are usually the following:

• The fuel: its cost will depend on the type of boat, her fuel consumption, the region, and the distances traveled;
• The mooring fees which depends on the area but also on the boat size;
• The crew, if you need it. The cost will depend on the frequency and the crew’s size;
• The communication fees;
• The food and beverages supplies;
• All the expenses related to your leisure activities.

Yachts maintenance: a cost that you should definitely not overlook

Even outside of its operating period, it still costs you money to own your yacht!

Maintenance of your boat isn’t an option and must be done on an ongoing basis. The price vary depending on the type of yacht you are owning (motor, sail, etc…), the size of the vessel, but also how old she is.

The maintenance costs include :

• The regular maintenance of certain equipment, like engines, thrusters, sails, rigging, safety equipment, hull(s) (fairing)…;
• The occasional maintenance operations in case of breakdown or damage;
• The painting;
• The cleaning and the specialized maintenance products (for teak, leather, …). 

The costs of maintenance and upkeep will obviously not be the same if you do it yourself or if you call in specialists. But regardless, you should have a budget buffer dedicated to maintenance costs when you plan on buying a yacht, especially if she already had a long sailing life.

The taxes and insurance premiums of a yacht: a cost that most forget

Consider the different taxes (at the purchase and annual) and the yearly yacht insurance that you have to pay. A specialized insurance policy is generally estimated at between 0.8% and 1.2% of the boat’s purchase price per year.

Must Read : Yacht Insurance : The Definitive Owner’s Guide

Yearly harbor fees : a very important hidden cost of yacht ownership

The port and/or winterization fees are also a big part of yacht ownership costs that you should carefuly estimate.

Depending on your region, you may need to consider “dry-docking” your boat, which involves handling, transport, and storage which can be really expensive. 

If you can leave your yacht in the water all year round, you will need to go for a harbor ring concession.

Depending on the marina and its infrastructure, the region, and your boat’s size, the costs may considerably vary from a few hundred dollars to thousands of dollars a month . However, it is easy to obtain this information from marinas once you have chosen which yacht to purchase.

The depreciation’s price of a yacht

A yacht, like a car, will depreciate . It is difficult to estimate the depreciation, as it depends on economic conditions, exchange rates, price inflation when new, the type of boat, and the shipyard. 

However, it is reasonable to estimate a minimum depreciation of 10% in the first year, then 7% in the following years. From the fifth year on, the depreciation tends to slow down. On the other hand, the operating costs increase.

Summary of the main operating and maintenance costs of owning a yacht

So, to sum up, how much does it cost to own a yacht? It largely depends on your type of yacht and your location.

But in general, owning a yacht will cost you between 10-25% of its value annualy . The longer the yacht, the likelier you are to be at the end of the spectrum.

Here are the reasonable costs you could consider:

• 10% of its value annually for a 60ft (18m) / 1 million USD yacht and below (=max 100K / year)
• 20% of its value annually for a 100ft (30m) / 10 millions USD yacht and above (=min 2 millions / year)

These brackets of total costs include everything: usual yacht maintenance, upkeep and operating costs that will be distribued as follow:

• Communication
• Maintenance
• Insurance premiums
• Harbour fees
• Cost of depreciation

Are you worried? Do not. Luckily, there are numerous ways to decrease the overall cost of yacht ownership and still enjoy yachting as it should be. Read the next paragraphs to know these valuable tricks.

If you liked this article you will also like : HOW MUCH DOES IT COST TO CHARTER A YACHT?

How to reduce the cost of yacht ownership?

A yacht keeps on costing money even when not in use, so the best way to make it a more profitable investment is to increase its exploitation.

Renting your own yacht : a good way to reduce the costs of owning a boat

When you are not using the boat, you can earn income by renting it out. The rental price depends on the type and size of the boat, but also its location. While making money from renting is possible, don’t expect to pay back all your expenses. Nevertheless, it will help you in avoiding your yacht becoming a financial burden. 

The easiest way to do this is to hire a professional charter company to help you. If you go for a reputable and experienced company, you will benefit from their expertise and contacts. It will also save you from legal, insurance, and withdrawal issues and avoid red tape.

On the topic : Yacht to Charter : Can It Be Profitable?

Fractional yacht ownership: share the cost of owning a yacht with co-owners

Another solution to own a yacht at lower cost is fractional ownership of a boat , which means that you own a fraction of it. It can be half, a quarter, or even less. For a long time, boaters have been opting for this option of partial ownership with friends or family. These days some companies create formalized fractional ownership arrangements for more guarantees. 

For example, in partnership with the Windward Islands, SAILING RESORT proposes fractional boat ownership on the fabulous trimaran, the LEEN 72’. So you can become a co-owner of the new hybrid-powered multihull which can accommodate up to 10 passengers and 4 crew members. You will enjoy private use of the trimaran (depending on the period) from 6 to 12 weeks during the first 5 years.

This program proposes a profitable commercial operation with 24/7 premium service. It is a tailor-made solution for all those who want to feel like owners of a prestigious yacht for a few days a year while limiting their investment and responsibilities. WI manages the operation of the yacht for you out of your personal use, like the charter’s organization, maintenance, insurance, annual mooring, and all other administrative tasks.

Once you have weighed the pros and cons and have the means to finance both the purchase and the annual costs (maintenance, operation, …) of your yacht, you should go for it! Indeed, if you can evaluate the hidden costs and expenses of owning a boat, the freedom and unforgettable memories are priceless. 

Yacht Charter remains a cheaper alternative than yacht ownership in many cases

If you can’t enjoy your yacht frequently or are still unsure about whether it’s worth the cost or not to own a yacht, you might consider chartering instead. This will allow you to try out different models , from various shipyards, and see which ones you prefer.

Therefore, the cost of renting a yacht will save you from having to worry about all those hidden costs of owning one. All you have to do is pay for your charter, your cancellation insurance and set your APA during your stay. This way, you only pay money, time, and effort when you use the boat.

What is the (true) cost of chartering the yacht you've seen? 💰⛵

The advertised prices of all charter companies do not include APA, VAT & other variable costs. 

Use our calculator to get a 100% FREE estimate of the REAL total cost of your next yacht charter! ⬇

Read also : SUSTAINABLE YACHTING: HOW IS THE BOAT INDUSTRY BECOMING MORE ECO-FRIENDLY?

Frequently asked question

For a 60-foot or million-dollar yacht, the cost per year will be about 10% of its value or $100,000 per year.

You should expect to pay about 20% or more of the original price of your boat to run it annually. So, for a $10 million yacht, the cost to operate will be about $2 million per year, including fuel, insurance, dock fees, maintenance and repairs, crew, etc.

A 180-foot superyacht and/or mega yacht costs a minimum of $4.75 million per year to operate and maintain. Kitty McGowan of the US Superyacht Association estimates an annual budget of $1 million for maintenance and repairs, $350,000 for dockage, $240,000 for insurance, $400,000 for fuel, and $1.4 million for the crew. Add another 15-25% of the vessel’s value for V.A.T.

Once you have weighed the pro and cons, if you can afford the purchase and all the hidden annual expenses, have found your dreamed yacht, and have time to enjoy it, you should go for yacht ownership!

It is not the best way to make money, but you can minimize your annual expenses by renting it or opting for fractional boat ownership.

It’s hard to tell. As long as you have the money and enough time to enjoy it, it is worth owning a yacht! Everything cannot be estimated. For example, it will bring you invaluable freedom and happiness.

One of the easiest way to reduce the maintenance cost of a yacht is to fractional yacht ownership. That way, the maintenance expenses are spread among co-owners according to their shares.

It varies greatly depending on the size of the yacht. For a yacht of 60ft (18m), you will likely spend around 10% of its purchase value each year in maintenance and exploitation costs.

Luxury yachts have maintenance and operation costs that are around 10% of their value yearly. So if a yacht value is 2 millions USD, its maintenance and operations costs should be around 200K / year.

Operating a sailboat is usually 20-40% cheaper than the same size motoryacht. Motoryachts tend to be more expensive to operate than sailboats as the fuel consumption can become an important expenditure fast.

A small yacht below 50ft is usually for sale between 500K and 2,5 millions USD / €. A mid-size yacht between 50ft and 100ft is usually for sale between 2-15 millions USD / €. Above 100ft, the selling price is rarely below 10 millions USD / €.

What is a Yacht Club? Benefits & Features Explained

Buying a yacht : the frequently asked questions, you might also like.

What differentiates a yacht from a superyacht or a mega yacht?

Chartering Requirements and Regulations: A Guide for Boat Owners

What are the Fastest Cruising Catamaran on the Market?

Superyachts are the most elite asset a person can own, your own private yacht to cruise the world’s most beautiful destinations. Some yachts cross the Atlantic Ocean twice a year between the Mediterranean and Caribbean while others embark on world cruises.

Fuel is one of many annual running costs of a yacht and not only does the yacht need fuel for cruising; the generators require fuel to keep the vessel running while at anchor and underway, as well as many of the water sports toys requiring fuel.

So how much do they really consume?

According to the Yachting Pages, the longest Superyacht in the world, 180m M/Y Azzam, holds 1,000,000 litres of fuel. To put it into perspective, that is the equivalent of filling a regular hatchback car 23,800 times or six Boeing 747 commercial airliners.

West Nautical’s Vessel Manager, Tony Hildrew, a former Yacht Chief Engineer said: “Fuel is the single biggest expense when it comes to yacht operations, it is estimated that the global spend on fuel is around $150bn annually however this shouldn’t put you off, there are a number of ways to ensure your fuel consumption doesn’t get out of hand. Implementing a Ships Energy Efficiency Management Plan or SEEMP for short is a great way to keep fuel costs down without compromising on your cruising experience.”

Each yacht will consume fuel differently for a number of reasons – the size and make of the engines, how often the yacht is using generators and the number of tenders and water sports toys on board that require fuel. For example, if the yacht is out at anchor and running on generators 90% of the time, the fuel consumption will be much higher than a yacht that is in a marina at night and connected to shore power and water.

Another factor that will affect fuel consumption is the yacht’s itinerary as the sea conditions will impact how much fuel the engines consume.

Fuel consumption is often measured in litres per hour, the best way to calculate the total fuel consumption for your itinerary is by using a fuel calculator like the one found here on the West Nautical website.

You will be able to input the start and ending points of your cruise on the map, this will automatically update the distance table. The next step is to enter the speed, fuel consumption and cost of fuel per litre to determine the cost of the trip.

Here is an example: A fast 30m yacht cruising at 20 knots will consume roughly 400 – 500 litres depending on the engine type, this would equate to the total consumption of 2500 litres for a distance of 100 nautical miles.

Another example is, a 70m yacht looking to travel 100 nautical miles with the engines burning 1000 litres per hour would add up to a total consumption of 8335L for that passage. Depending on where the yacht bunkered, the estimated cost with the price per litre being on the low end at €0.90 per litre would cost a total of €7501.50. An example of a 100 nautical mile passage would take you from Saint Tropez to The North Coast of Corsica.

Fuel prices fluctuate depending on which country you bunker in and some places you bunker offer tax free fuel such a Gibraltar and Montenegro. Fuel prices can vary but typically costs between €0.80 and €1.30 per litre.

Yacht charter, sales and management company West Nautical added; “Fuel costs should be at the top of any yacht owner and captain's minds for two reasons: to minimise costs as well as reduce the environmental impact of burning unnecessary fuel. The superyacht charter market, more than most other markets, relies on pristine waters for their guests to enjoy their holiday. If the oceans in popular charter destinations are not maintained, it will decrease the demand for yacht charter and therefore the revenue for owners.” “If you are looking for expertise in operational management and engineering in order to plan a SEEMP, West Nautical would be delighted to assist.”

CALL US TODAY Fort Lauderdale: 954-467-9010 Punta Gorda: 941-505-2400

Fort lauderdale: 954-467-9010 punta gorda: 941-505-2400.

Calculating Yacht Fuel Cost

by Marine Diesel Specialists | Aug 5, 2019 | Yacht Life , Yachting Travel | 0 comments

There are many costs associated with yacht ownership, and fuel is one of the biggest concerns for yacht owners and those who charter yachts as a source of business revenue. There are many different systems within your yacht that will require diesel fuel, and new versus used marine engines will bring different fuel efficiencies that are worth considering when trying to calculate your fuel costs. Everything from how many gallons are in a yacht’s tank to the specific mileage could come down to the quality of your engine and the size of your boat. This means that, without expert help, it could be hard to calculate. That’s why the team at Marine Diesel Specialists has created this quick overview that will explain yacht fuel capacity and yacht fuel cost through nautical miles, as well as how you can calculate these costs on your own.

Nautical Mile vs. Mile

The first key in calculating yacht fuel cost is to figure out how far you will be traveling. After all, these vessels are meant to transport, and like many modern transportation methods, yacht fuel capacity and use could change due to variables such as these. Mapping out your journey will help you see how many miles you’re traveling, and then you’ll convert this to nautical miles. When calculating nautical mile vs. mile consider that nautical miles are measured in two options, either 1/60th of a degree between latitude or longitude on a map or as 1.15 US miles. Knowing the distinction between nautical miles and US miles or kilometers is a must. Some boaters may find themselves confused by their fuel use and yacht fuel cost being different from what they have anticipated.

Finding the Cost of Marine Diesel Fuel With Nautical Miles

If you’re choosing your destination on a traditional map, each 1/60 th  of a degree on your map will calculate as a nautical mile. This is a fast and easy way to calculate fuel consumption using just a map and compass if you are not using a GPS when planning your nautical voyages. For those of us who are using GPS tools or digital maps, one nautical mile is about 1.15 miles or 1,852 meters. Traditionally, a knot is the speed of one nautical mile per hour. Many people use online mapping services as a way to get an accurate measurement of the distance they will be traveling on their journey. Using all the available resources when matching fuel cost to the yacht fuel capacity and how it relates to distance is always a good idea.

How to Calculate the Cost of Marine Diesel

Now that you know the nautical miles between your starting point and destination and have gotten an accurate measurement by using the tips and resources stated in this article, you can analyze your vessel’s average fuel consumption to figure out your yacht fuel costs. The exact rate of fuel cost per hour will vary from yacht to yacht, depending on engine type, age, upkeep, and more. Having more reliable and efficient engines, such as MAN diesel marine engines, will be a benefit due to their reliability and efficiency.

On average, a quality marine diesel engine will burn about 0.4 pounds of fuel per hour for each unit of horsepower. Other factors, such as water conditions, drag, and vessel weight, will also increase your fuel burn, so they are important to keep in mind during your voyage. In typical and relatively calm conditions, a 300-horsepower diesel engine would burn 16.6 gallons of diesel fuel per hour with variance based on the previously stated factors. You would then combine this fuel consumption per hour with the number of nautical miles to be traveled and the expected travel time to calculate your yacht fuel cost.

Knowing how to calculate marine fuel prices using nautical miles is a skill that every boater should be proud to have. It will come in handy many more times than they would think. Once you have mastered this form of preparation for a nautical adventure, you’re going to be able to get more accurate information in less time using just a few tools and a wealth of knowledge gained from experience.

Our Expert Marine Diesel Services Are Here to Help

Marine fuel is typically sold by the liter or gallon, and the prices vary depending on the time of year and other factors. Keep an eye out for any trends you may have noticed in previous years, and use that knowledge to plan out your purchases effectively. As stated before, yacht fuel cost can be affected by the quality of your marine diesel engine, which is why it is important to have the best engines available!

Get in touch with our Fort Lauderdale Marine Diesel Specialists experts or our Punta Gorda Gulf Coast Diesel Service professionals to learn all about the products we offer. We are certified vendors of MAN marine engines, along with a long list of other brands that are sure to be the perfect fit for you. If you are interested in boat servicing and repairs , which can be done by our marine rebuild specialists, you’ll also find yourself in luck with our team.

If you want to learn more about all things marine engines, be sure to take a look at some of our other articles and get insights from professionals in the industry who have years of experience dealing with marine diesel and MAN engines.

Related Readings

• Marine Diesel Fuel Explained
• When and Why to Change Oil in Your Boat Engines

Our Marine Diesel Specialists offer a variety of products and services to provide marine diesel solutions in Fort Lauderdale and Punta Gorda. Our authorized MAN Engine dealers can offer expert maintenance, repair, and survey services, as well as complete engine, transmission, and generator overhauls. If you are seeking top-quality marine diesel solutions, products, or services, don’t wait to contact our Marine Diesel Specialists and Gulf Coast Diesel Service.

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