Superyacht And Finance Essay

Improved Essays
Superyacht and Finance
One way to enjoy a luxury holiday with no across the ocean with destination boundary is in a superyacht. Today’s luxury motor yacht or crewed sailing yachts are floating palaces offering high speed internet connection, spa/fitness center, comfortable lounge for your entertainment lounge, chefs that cook to your specification and all the water toys you can imagine like water skiing, scuba gear, surfers and more.
What is a superyacht?
A superyatch is a professionally crewed commercially operated luxury yacht. It can be sailed powered or motor with a load-line length of 24m and above.
Some of these yachts are used exclusively by owners while others are operated as charter business full time or all year round. Due to the
…show more content…
To ensure the yacht is the best in the market, yacht owners offer employment packages with favorable terms to attract the best crew. Luxury yacht staff members are not only well paid but also well taken care with annual bonuses, health insurance, flight expenses and other offshore benefits. A luxury yacht crew includes officers, Deck crew, engineers, interior crew, galley crew, and subordinate staff. Here is a list of supertacht crew and estimated …show more content…
• Bosun – salary range is $3,000-$4,500 per month for 100-250ft yatch
Job responsibility
 Maintenance and cleanliness of yacht
 Assist in maintenance and repair
 To liaison guests for water sports

• Deck hand – salary range is $2,000-$3200 per month for 60-100ft yacht, $2,500-$3,500 per month for 100-160ft yacht and $2,500-$3,800 per month for 140-250ft yacht.
Job responsibilities
 Cleaning, polishing and waxing the yacht
 Assisting Mate and Bosun in maintenance of the yacht

• Chief engineer – salary range $5,000-$9,000 per month for 120-180ft yacht and $7,500-$14,000 per month for 180-250ft yacht.
Job responsibility
 Ensure ultimate safety for engine room operations
 Maintain entire engineering operations of the yacht
 Manage and supervise engine re-hauls and repairs
 Manage engineers and deck crew
 Planning maintenance for all major systems
 Engineering stock taking

• Chef- salary range is $5,000-$7,000 per month for 100-160ft yacht and $5,000-$10,000 per month for 150-250ft

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