Question 1

Are Ocean Alexander yachts good

Accepted Answer

Ocean Alexander, a name synonymous with opulence on the open waters, consistently sets high standards in the world of luxury yachts through impeccable craftsmanship, meticulous attention to detail, and unwavering commitment to innovation.

Question 2

Who makes Ocean Alexander yachts

Accepted Answer

Based in Kaohsiung, Taiwan, Ocean Alexander is a Taiwanese boat builder that manufactures motor yachts ranging from 21.9 to 30.5 meters and superyachts from 34.2 to 47.2 meters in aluminum, steel, and composite materials, with facilities operating in both Taiwan and the U.S.

Question 3

Who builds ocean yachts

Accepted Answer

Founded in 1977 by Jack Leek, Ocean Yachts is a family-owned boatbuilding company with a rich heritage dating back to 1721 when the Leek family first started building robust boats.

Question 4

How much is the Chillaxin yacht

Accepted Answer

The 90' (27.43m) Ocean Alexander yacht named CHILLAXIN is available for charter with Northrop & Johnson, offering luxury cruises in The Bahamas during the summer and in The Bahamas and the Caribbean during the winter, with charter rates starting at $85,000 per week, plus expenses.

Question 5

Do sailing yachts hold their value

Accepted Answer

Investing in a yacht is an excellent choice for sailing enthusiasts and world explorers, offering endless hours of adventure and enjoyment while also serving as a valuable asset with strong long-term value retention.

Question 6

Where are Ocean Alexanders built

Accepted Answer

Ocean Alexander, a Taiwanese boat builder headquartered in Kaohsiung, Taiwan, specializes in crafting motor yachts ranging from 21.9 to 30.5 meters and superyachts from 34.2 to 47.2 meters, utilizing materials such as aluminum, steel, and composite, with operational facilities located in both Taiwan and the United States.

Question 7

What is the history of Ocean Alexander

Accepted Answer

Founded in 1977 by Alex Chueh, Ocean Alexander has maintained a longstanding connection with American boat designer Ed Monk, Jr., the son of the legendary Ed Monk, Sr., and the company's current President is Alex's son, John Chueh.

Question 8

How much does a yacht cost to keep

Accepted Answer

After the initial purchase, yacht owners should anticipate annual operational costs amounting to approximately 20% or more of the yacht's original purchase price, meaning that a $10 million yacht, for example, would require an estimated $2 million per year for maintenance and upkeep.

Question 9

How much does it cost to pay a crew for a yacht

Accepted Answer

The costs for operating an 80' boat with a crew of 2 or 3 people typically include salaries ranging from $110,000 to $200,000, with an additional 15-20% allocated for fringe benefits encompassing taxes and insurance.

Question 10

Are sailing yachts cheaper to operate

Accepted Answer

When comparing boats of similar size, sailboats are generally more cost-effective to purchase and operate due to their lack of large motors, resulting in savings on maintenance and fuel expenses; however, it's worth noting that you may require a larger sailboat compared to a powerboat, which could potentially raise overall costs.

Question 11

Who owns the largest yacht in the world

Accepted Answer

Valued at $735 million, Dilbar, the largest superyacht globally, owned by Russian oligarch Alisher Usmanov, was impounded in Germany in April 2022.

Question 12

Who owns the most expensive yacht in the world

Accepted Answer

The History Supreme, valued at $4.8 billion and constructed entirely of solid gold, is recognized as the world's most expensive yacht, reportedly owned by Malaysia's wealthiest individual, Robert Knok.

Question 13

What is the 10% rule for yachts

Accepted Answer

Many of us are familiar with the "10% rule," which suggests that a boat typically costs approximately 10% of its purchase price to maintain annually, often applied to used boats, and there's another rule that suggests allocating "2% of the price when new" for maintenance.

Question 14

Do pirates target yachts

Accepted Answer

Understanding the heightened vulnerability of yachts to pirate attacks, it is crucial to identify the most susceptible areas on board and implement protective measures.

Question 15

Can yachts be written off

Accepted Answer

You can deduct the purchase price expenses for both new and pre-owned yachts, including equipment upgrades within the same year of the yacht's purchase.

Question 16

Who owns Dallas Cowboys boat

Accepted Answer

Following its transfer to Oceanco's Alblasserdam shipyard for outfitting, the yacht Bravo Eugenia, named in honor of owner Jerry Jones' wife, Gene, was successfully delivered on December 20, 2018, and in 2020, Jerry Jones conducted his NFL draft onboard the vessel.

Question 17

What is the biggest yacht in the world

Accepted Answer

The following table ranks the world's longest yachts, with Azzam topping the list at 179.7 meters (590 feet), followed by Fulk Al Salamah at 164.0 meters (538 feet), Eclipse at 162.5 meters (533 feet), and Dubai at 162.0 meters (531 feet), among others.

Question 18

Where are Kraken boats built

Accepted Answer

In Turkey, the launch of the first Kraken 50 built in the country marks the culmination of its construction, a process that has been featured in monthly updates in Ocean Sailor Magazine.

Question 19

Where are Riviera yachts built

Accepted Answer

Based in Coomera, Gold Coast, Australia, Riviera operates from its expansive 16.8-hectare facility, employing 600 craftspeople to manufacture over 100 yachts annually, with approximately 55% of its yearly production being exported worldwide to a dealer network spanning every continent.

Question 20

Where are Carver yachts built

Accepted Answer

Carver offers multiple yacht lines, including Mariner, Voyager, Nuvari, and Marquis, primarily manufactured at its extensive plant in Pulaski, Wisconsin, while a smaller quantity is built in Fano, Italy, as part of a collaboration with the Italian yacht-maker Dominator for sales in Europe.

Question 21

What is a Hinckley

Accepted Answer

Established in 1928, Hinckley Yachts, headquartered in Maine, United States, specializes in the manufacturing, servicing, and sale of luxury sail and powerboats, boasting a legacy of pioneering yacht technologies like JetStick, Dual Guard composite material, and early innovations in fiberglass hulls.

Question 22

What was the old name of the ocean race

Accepted Answer

The Ocean Race, formerly known as the Whitbread Round the World Race (1973–2001) and Volvo Ocean Race (2001–2019), sponsored by Volvo and partnered with Inmarsat, is an event that has been held since 1973, involving yachts like Volvo Ocean 65 and IMOCA 60 (since 2021).

Question 23

What is the oldest ocean race

Accepted Answer

The Volvo Ocean Race, a quadrennial event, holds the distinction of being the oldest regularly scheduled around-the-world sailing race, originating in 1973 under the name Whitbread Round the World race and retaining that title until the 2001/02 edition.

Question 24

What is the average income of a yacht owner

Accepted Answer

A significant majority of current boat owners, specifically 77 percent, have an average household income below $100,000, with 63 percent of them earning less than $75,000 per year.

Question 25

What is the average lifespan of a yacht

Accepted Answer

The average lifespan of a boat typically ranges from 20 to 30 years, but individual boat longevity can vary due to factors such as usage in saltwater versus freshwater environments.

Question 26

How long do yachts last

Accepted Answer

A boat's lifespan is notably affected by usage patterns, with exposure to saltwater and frequency of use playing significant roles; boats in saltwater typically have a lifespan of 10-25 years, while freshwater boats tend to endure for 15-30 years.

Question 27

Do yacht owners tip their crew

Accepted Answer

It is uncommon for private yacht owners to provide tips, but it is more common for their guests, friends, or family to stay for a few days without charge and then compensate the crew if they had an excellent experience, whereas, on the yachts we worked on, only charter guests typically offered tips.

Question 28

Do private yacht owners tip their crew

Accepted Answer

Gratuities, typically ranging from 10-20% of the charter price, can be a significant source of income for crew members on private yachts, as these yachts generally do not provide tips but may offer year-end bonuses to the crew in addition to their regular salaries.

Question 29

Do yacht owners tip their own crew

Accepted Answer

Yacht owners are typically not expected to provide tips when using their own yacht, as some owners emphasize generous salaries and benefits packages for the crew, especially when the yacht is used only 20% of the year with no guests onboard, to prevent any indirect expectation of tips.

Question 30

Is it better to charter or buy a yacht

Accepted Answer

The availability of more affordable chartering options enables individuals who may not have the means to purchase a yacht but harbor the dream of experiencing one to join forces with friends, share the cost of a yacht vacation, and collectively enjoy a luxurious experience without bearing the full expense individually.

Question 31

Is a yacht better than a cruise ship

Accepted Answer

Luxury yacht charters provide a heightened level of intimacy and personalized service when compared to traditional cruise lines and ships, boasting a crew-to-guest ratio that significantly exceeds that of typical cruise vessels, ensuring an unparalleled level of service.

Question 32

What is the best way to buy a sailing yacht

Accepted Answer

A prudent guideline is to allocate half of the boat budget for the sailboat purchase and the remaining half for necessary upgrades, as a common mistake when buying a boat is failing to budget adequately for renovations, and it is advisable to establish a realistic annual maintenance budget prior to the purchase.

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