In full preparation for the high season, we received a phone call that communicated us that the only former demo Morgan Yacht 33 feet is ready for the summer for a new owner. Completely off-market for now The Morgan Yacht 33 for sale is  powered by 2 Yanmar 240hp is capable of 40 kn0ts max speed and well over 30knots in cruising speed.

Morgan yacht 33

 

We had tested this vessel extensively in the past during its research and development stage. The Morgan 33 proved a very agile boat featuring a very dry cockpit even at over 30 knots with winds exceeding 15 knots and waves to match.

It’s genuinely the perfect weekend vessel and thanks to a double cabin and a marine toilet andMorgan Yachts 33 aft
shower is suitable for overnight stays and perfect for island hopping anywhere one pleases. It is also very suitable as a superyacht tender for very large vessels that have enough storage capacity.

Morgan Yachts 33

It is a centre consolle vessel inspired by the american fast commuters but entirely built and finished in Italy. 

Morgan Yachts 33 interior

The following are the measurements of the Morgan Yacht 33 and its fuel and water capacities:

LENGTH:9,87 m
BEAM: 2,9 m
DRAFT: 0,49 m
DISPLACEMENT: 3,5 t
FUEL: 900 lit.
WATER: 280 lit

 

 

 

 

 

Morgan Yachts 33 Layout

 

The Morgan Yacht 33 for sale is currently unregistered with only 68 hours of use on the two Yanmar engines and is currently is available for viewing and test for serious buyers only.

The Morgan Yacht 33 is also very suitable for hotels and resorts as a day-charter vessel for guests. If you would like to check the return on investment for your hotel or other day-charter business have a look at our Yacht Charter Business Plan model on this page.

Offers in the region  €165k-170k are welcome the Morgan Yacht 33 ready to sail with all the equipment and electronics available on this vessel was priced at €330k (RRP)

Please contact us using the form, Livechat or call +44 7445 30 8622

The yachting industry is changing significantly in the past 20-30 years. Boats and yachting holidays were predominantly something that was mostly considered by people who were exposed to a yachting culture of some kind. The internet, clearly changed this game and it keeps changing it at speed.

We recently wrote an article on the topic of how the ‘the airbnbs of yachting’ are going to chance and improve boat ownership, however, the game is changing for yacht charters and even smaller and local boat rentals (those hiring boats by the hour or day rather than the more standard charter week).

For over 15 years we have produced market research and analysis on the yachting industry observing how the demographic and the phsycographic of the yachting market was changing. On top of that we were always strongly involved in the more topographic analysis of users behaviour on a variety of websites and companies selling yachts, yacht charters, boat rentals, marine supplies etc..

The experience of these two combined analytical points of view enabled us to get to the point and write a simple list of the most common and most widespread mistakes done in the yacht charter business.

(The ones that follow are in no particular order of priority)

1) Underestimating the importance of the web

This is a common mistake for yacht charter companies that has been done and it is still done countless times. It goes from slow loading websites (See How to make it faster), to horrific user experience, all the way to terrible spelling or amateurish photography. Yachts and Yachting related services unlike many other products are simply not as easy to find in a physical shop the highest the internet penetration becomes and with the generational change this because a make or break element of a lot of yachting or boating related businesses both operating in B2C and in B2B. I can’t even being to tell you how many times we have heard the sentence, “my clients don’t buy a boat because they see it on the web“.  While this statement might have been somewhat true some time ago, it’s also true that when it comes to high ticket purchases no single source of information is the only one that makes a client purchase decision exclusively.

2) Assuming a certain degree of sailing knowledge for granted

Another very common mistake in the yacht charter business, we have made ourselves, is to assume that people that take an interest in yachting or boating have a certain degree of sailing or marine knowledge.  Everybody starts somewhere and in many countries more than others the last thing that you want to do is make a client feel dumb for not knowing something or worse assume and he/she/they will behave based on your assumption they know something that they might not. Simple example: You charter a big boat you can load 50 people on them.  No you don’t if it is a private yacht most likely you’ll be limited to 12 guests not matter how big it actually is. If you have worked with yacht charter I am sure you have answered this question hundreds of times.

Oyster Yachts in troubled waters

3) Selling the asset(boat) rental time instead of the experience of boating in the specific navigation area.

This is probably the most common mistake to date. Leisure boats are not cars people do not rent them to go from A to B and yet, there still are lots of sites out there that feature a list of boat and no mention of itinerary and the experience on board. Especially in the most commercial segment of the market.

4) Asking for large deposits

Nowadays insurance companies are very sophisticated and there is no reason why a deposit can’t be substituted by an insurance product. (Needless to say this point does not apply to crewed charter that won’t need a deposit bu only to bareboat charters). It surely will add to the overall cost but it will lower the barrier to purchase a week worth of charter especially in the mid/lower segment of the market of weekly charters in the £800-4500/week range.

Yacht Charter contract

5) Relying on non-digitalised legal contracts

Again we are in 2018 and a lot of yacht charter companies and operators already have this process in place. Digital legal charter contracts that is, it easier it is faster and it is very efficient if your clients are not sitting at their desk most of the time.

Yacht Charter Credit Card

6) Not accepting credit cards or using advanced consumer financing options

Accepting credit cards has a cost attached to it but it also makes it faster and easier for a client to book and deposit initial sums. Nowadays, credit card processing devices are mobile and incredibly inexpensive to acquire and set-up, and yet a lot of charter operators still do not accept them and make their sale process much longer and more difficult.

7) Choosing the wrong crew or skipper

On a crewed charter the crew makes a very significant part of the experience. Regardless, of whether it is only 1 skipper or a crew of 3 or more even the most discreet crew will always interact with the guests a great deal during any given charter period. The captain/skipper and his/her crew have a very delicate job as they have to reassure the guests about navigation even when the seas are rough but at the same time provide for all reasonable (and sometimes unconventional) requests. Languages are a big plus because a good knowledge of the guest language will assure nothing is lost in translation, but character is even more important especially for the crew members that are in charge and might have to take unpopular decision to avoid unnecessary risks when needed.

Boat Inspection

8) Little attention to details

It can be about things as small as a car charger (12 Volt lighter plug) for the iPhones to be available onboard so that guests don’t have to run the engine or the generator to charge their phones/mobile devices which costs virtually nothing but says a lot about the company’s attention to details. It can also be about the smaller maintenance issue like making sure the show filters are cleaned between a charter and the other, or even a first (food) provision that takes care of the vegetarian dietary needs of the guests. Small things add up like little gold coins to gain great feedback and happy guests which are without a doubt the best way to grow your yacht charter business.

Yacht Charter Guests

9) Not establishing guests priorities and preferences

The same navigation area can offer completely different experiences depending on what your preferences are. You can prefer to lay in the sun and swim to clubbing and fancy dining, or you might be more interested in discovering historical treasures and hidden spots. A yacht charter should always be a personalised experience (unless of course the route is pre-set) and the crew and the charter company should always take into consideration the specific interests of the people on board, all of them, not just the one signing the checks.

Yachting Images and Video production

10) Underestimating the power of videos

One specific yacht charter company’s marketing success is almost entirely based on videos and it proves this point exactly. The Yacht Week’s indeed is one

 

As every year we are preparing a 40 page comprehensive Yacht Market Analysis document on current status of the yachting industry as a whole and its outlook for the years to come.

The scope of this yacht market research paper is to enable companies operating in this industry, investors and entrepreneurs to have a comprehensive and detailed view of the industry and its trends.

The Yacht Market Analysis 2017-2018

Click on the image to go to pre-order

 

A brief outline of this Yacht Market Analysis and Report:

  1. ) Yachting Industry International Market Analysis 

1.1.) Introduction and general points

1.2) Current status of the global market

1.3) Composition of the value chain of global yachting industry

1.4) The top luxury industry and its trends, outlook and results

1.5) The market of large and super yachts

1.6) The refit and repair industry

2. ) Special Focus on: The U.S. market, and the northern European Market 

2.1) The growth of the U.S. market its drivers and its segmentation

2.2) An outlook of Europe vs the U.S. and their future trends

2.3) Market trends: Explorer Yachts and Large Sailing Yachts

3 ) Special Focus: Small Boats Industry in Italy

3.1) Definition of the value chain of the small yachts industry

3.2) The value chain and its structure

3.3) The main characteristics of the small yachts and small boats industry players

3.4) The geographic distribution of the players of the small boats industry

4) Special Focus: Flags, Brexit on Yachts, The Mediterranean Sea Economy, Legal Aspects of the yachting industry


Who is this document for:

This yacht market analysis is particularly useful to yacht builders, yacht brokers, design and engineering firms and service companies  component manufacturers and financial investors. 


We will be making this document ready for purchase and download in the next 3 weeks. However we are offering to the first 20 customers and only through a pre-order a discount of 40% off the full price of £900 – discounted to £540  so if you would like to pre-order all we you need to do is use the product below and complete a £102 pre-order payment for the pre-order please click on the image below. An email will notify you when your copy will be ready for download. PLEASE NOTE: To give a further advantage to all pre-order clients we will only make the document available for download to the general public 2 months later.

If you would like to contact us and receive a customised Yacht Market Analysis tailored to your business segment of interest or with a focus on your geographical area please contact us for a quote writing at Market@RodriquezConsulting.com or by calling

If you are considering investment in the yacht charter market you might be interested in this analytical article 

Pre-order The Yacht Market Analysis 2017-2018

We always get quite excited about a new foiling boat being presented for the first time.

We all know how successful the Moths have been in introducing a relatively large number of sailors to foil-sailing (or foiling). What it was missing was a vessel that made it easier to start your foiling career because the flying months aren’t exactly the easiest boats to start with.

So here it is a new foiling boat called the Flying Mantis built entirely in the UK. In our opinion a great learning boat for novice foilers.  (Watch the video Below)

As a matter of fact, if we were to imagine a foiling school for those who want to learn foiling/foil-sailing, it would be hard to imagine a more suitable boat than this new foiling boat.  It is also important to mention that the Flying Mantis can actually be used as a trimaran without the foils for a slower sailing session (maybe with your 5-year old child onboard). It is indeed somewhat of a dual purpose vessel. You could say the same about a foiling catamaran by taking the foils off of it, however, I would personally find a foiling catamaran as safe as the flying mantis if I were to bring 5 year old nephews aboard for a slower sailing session.

We had a long chat with the owner and founder of the company that designed and built this new foiling boat. While chatting with Simon, not surprisingly, we did notice the enthusiasm and accuracy needed to build and sell these types of vessels.

Variable Pitch Foiling boat

The Foil variable pitch (flaps) mechanism is very similar to those you’ll find on a moth

 

The central foil has flaps that dynamically regulate the pitch of the foil itself using a sensor stick at bow, that is very similar to those use on flying moths.

Foiling Boat - The Flying Mantis

The central foil of The Flying Mantis

The shape of the foils is particularly interesting from an hydrodynamic point of view and seems to be very well designed and solidly built with a masterful use of carbon fibre. We did particularly like the water piercing edge to it which would serve the foil well to reduce the load and increasing the foil lifespan.

Flying Mantis at London Boat Show 2018

A smart small feature to keep the till in place and avoid sudden movements for increased safety while foiling

It might look like a trivial little detail but it is a very very crucial one. The elastic the keeps the tiller centred is crucial to avoid sudden movements at high speed while foiling which could cause harmful unwanted capsizing of the boat. Very well thought. We have no doubt this comes from several tests that were carried out with the boat before presenting it at London Boat Show 2018. 

 

The Royal Yachting Association has already tried the boat do have a look at the video they have produced.

The price and opportunity

Currently priced slightly below £40,000 we believe it is very well worth looking at.  We also see potential for a Foiling/Sailing School with this new foiling boat, maybe the first of its kind. If you would like to build a fast business plan go ahead and download our excel business plan model tailored for boat rentals.

If you would like to know more or explore the a business opportunities with new foiling boats like the flying mantis in your area don’t hesitate to contact us  

The Flying Mantis will also be showcased on the 10th – 12th May at the  http://londononwater.com/

 

 

There are quite a few hybrid boats out there that are aiming towards a more eco-friendly way to propel a vessel forward. However, pairing an electric engine with a diesel engine is old-tech building a true hybrid requires more than just an electric engine.

What should hybrid boats really be?

In our professional opinion, the concept of “hybrid boats” should be paired with the concept of versatility of a vessel or even a boat building platform that is adaptable to multiple types of users.  Water taxi, diving schools, touristic or scientific marine tours, research and marine life orientated navigation, sports fishing tours etc… It is not by chance that out of 13 units produced of the Ethos Ec 30 hybrid boat series, the majority are employed in one or more of the above mentioned activities.

Hybrid Boats - Ethos EC 30

Where is the opportunity?

The grey vessel portrayed in the picture below is for sale at a significant discount. The vessel is equipped with e new generation 270hp Hyundai engine. Should you wish to receive more information please contact us through the contact us page making sure your full contact information are available or call +44 744 530 86 22

Ethos Hybrid Boats

Flexible Layout and Modular Panels

All panels in the cockpit allow the owner and/or operator to re-purpose the vessel moving all the seating modules and storage units, on the sides (port and starboard) each of those square units can serve all utilities such as water or electricity or be used as storage.

ETHOS EC 30 allow the owner to choose among Open, Cabin and the Lounge Cabin version. Through an innovative fixing system the side bulwarks can be installed by the ship owner in any moment and without any difficulty. Therefore the boat can be converted either from open to closed cockpit. Have you ever experienced a nine meters boat, whose main deck can be transformed by moving the furnishings (sundeck, benches, table, icebox, mobile fridge / cooker, etc.).

We believe this vessel is truly one-of-a-kind.


 Hybrid Boats

Some Technical Highlights


Who are the perfect users for these hybrid boats for ?

This vessel is particularly suitable for professional daily use within diving schools, eco-tours, water taxi between islands as it seats up to 20 people. (depending on the type of registration and cost guard regulations).  It is also useful for those owners who want to also operate the vessel for water sports or simply as a pleasure boat with a lot of efficiency with a broader market for resale. 

Ethos Ec 30 Hybrid Boat

The technical specifications of these hybrid boats

Lenght over all31’3” (9,53 m)
Beam9’8” (2,98 m)
Draft2’8” (0,87 m)
Dry weight8,818 lbs (4,0 ton)
Berths2+2
Persons capacity12
Endothermic engine standardHyundai 250 hp
Endothermic engine optionalHyundai s270 (270 hp)
Electric engine (Optional)13Kw
Solar Panel (Optional)3×350 watt
Max speed with 250 hp engine25 knots
Cruise speed20 knots
Max speed with electric engine7 knots
Cruise speed with electric engine4 knots
Fuel capacity153 US gal (580 lt)
Electric battery capacity (LiFePo4 72 cell )9,2 kw/h
Freshwater capacity31 US gal (117 lt)
Waste capacity15 US gal (56 lt)
Endothermic autonomy at cruise speed360 n/m
Endothermic autonomy at low speed1440 n/m
Hybrid autonomy (with solar panel) at low speed7200 n/m
Electric autonomy (with solar panel) at low speed32 n/m
Construction MaterialsVTR/GRP
HullV-shape with 13° deadrise at transom
Project “CE”categoryB

For more information on Ethos EC 30 Hybrid boat series go to EthosBoats.com

Tallship Eldorado Auction Started.

This Dutch build modern classic (2017)  tallship is finally on auction with a starting bid of €250,000 this is a truly unique yacht charter business opportunity

The ship was valued at €950k. It is a very interesting charter market investment at the right price and being a recent steel construction with moderate installed power it is an inexpensive vessel to operate.

It is allowed 50 pax aboard fro daily excursions and features 7 cabins for guests overnight.

The ship has its own Trip advisor account for its activities in St Marteen in the Caribbeans (click here to view) with very good reviews from its guests http://www.sailingship-eldorado.com. 

She is very well maintained, under Dutch flag, with running certificates for 50 pax day sail and 16 long voyages. With a strong main engine, silent generators, bow thruster, air-condition, water-maker and high int. safety standards you can sail all over the world.

At present the schooner is used for day sail excursions in St. Maarten/BVI`s/Bahamas for passengers of the most renowned cruise lines.

The general specifications of the ship:

Model Schooner Eldorado
Land Netherlands
Year 2007
Hull material Steel
Length (m) 38.00 m
Width (m)6.50 m
Draft max (m) 3.00 m

It’s rare to see ships like this coming to the market with such attractive financial and structural condition

 

 

 

If you would like to receive the full technical specs please use the form below or contact us at +44 7445 30 86 22

Email requests without full contact informations WILL BE IGNORED

 

Please use this form to register your interest

(Please check your inbox and spam folder when completed to verify your email)


Do you want to start Yacht Charter operations with your boat?

A new wave of technology in the financial industry (fintech) could truly bring a breath of fresh air to the yachting industry in segment under the £50.000 price mark.

It sounds like a small price tag for a boat purchase but it’s not if you take into account the number of transactions or look at the yacht charter market and in yacht supplies/components. On the contrary it is a very large segment of the yachting industry in terms of number of transactions and many traditional Marine finance companies barely look at anything below £25.000-50.000 not to mention oftentimes they don’t look at vessels that are older than 30 years.

What does £50K buys these days in the boating and yachting industry ?

  1. Jet skies and personal water-crafts
  2. Ribs with outboards up to 6-7 meters
  3. Sailing Dinghies
  4. Sport Catamarans
  5. Yacht Charter Holidays with vessels up to 25-35 meters (depending on the vessels sail or motor)
  6. Outboard engines
  7. Superyacht toys (Sea Bobs, Jetsurf)
  8. Sails and rigging
  9. Small-medium inboard engines
  10. Generators
  11. Electronics (Radars, Chart plotters, SSBs , Sat phones etc..)

What is it and how does it work ?

It’s a fintech solution called DIVIDO we have partnered with that operates on websites that have enabled ecommerce modules. It allows a prospective client (user) that is –  for example –  interested in buying a dinghy or a yacht charter holiday costing £5000 to finance that payment and pay instalments instead of the full amount on their credit card right from the website. This process is enabled by multiple lenders competing for that client in real time and right through the website of the seller itself (the Dinghy seller or the Yacht Charter company in our example).

What are the benefits ?

Web users can spread the costs of for example yacht charter holiday through the year, or a high ticket purchase, get better offers booking in advance or during sales even if they don’t have the full amount in cash available. Ultimately, it is also a great way to attract new generations who are accustomed to use online tools to complete the purchases instead of going through a lengthy financing process which in most cases would actually contribute to a lost sale.

It also goes without saying that a Yacht charter holiday or any other a small boat becomes much more affordable if the client is able to spread that cost in time and yet have an immediate response on whether he can get that very purchase financed or not and at what rate.

What companies (sellers ) qualify for this solution ?

Sellers (Companies) that can benefit from this solution will need to meet some basic requirements.

  • At least £250.000 or other currency equivalent in yearly turnover
  • At least 1 year of trading/business history
  • A minimum online cart/purchase value of £250

Geographic Reach

This solutions is available currently in

  • Denmark
  • Finland
  • Germany
  • Norway
  • Sweden
  • United Kingdom

It will be soon available in the following countries so please sign-up and get notified when it will be available in your country.

  • Austria
  • Belgium
  • Canada
  • France
  • Ireland
  • Italy
  • Netherlands
  • Poland
  • Spain
  • United States

How much does it cost ?

The set-up fee to install and test the multi-lender financed payment solution provided by DIVIDO can vary from merchant to merchant. However, plug-ins are available for the most common Content Management Systems such as WordPress, Shopify, Magento and Open Cart. Please Enquire and let us know your website set-up so that an accurate quote can be proposed.

Divido charges a small transaction fee for every purchase made with their finance solution

furthermore a monthly maintenance fee is required for their technical support and to make sure that your website Trust Pilot rating keeps as high as possible with smooth transactions and outstanding customer service.

How much more business can I expect to generate ?

A survey carried out by DIVIDO itself on a variety of industries shows that 39% of prospective clients would have NOT gone through with a purchase if a financed payment option was not available and they had to pay in one single transaction for the full amount. Although it is hard to estimate how much more business you can generate, many of Divido‘s merchants have seen a sales increase of 30% to 40% since offering Divido to their customers.

We really look forward to see what this solution could do in the industry of yachting as we believe it has truly great potential.


What companies are already using it?

Nobody in the yachting industry yet. We are the first to propose it to the industry. However brands like BMW, HTC and BNP Paribas have already adopted this technology.



Who are the investors behind this fintech company?

The same investors of Skype, TrasferWise and WordlPay. Their last round of financing was £2.9M. It is one of the ‘hottest’ tech companies in Europe.

How do I get a quote and check if my company qualifies for Divido payment solution?

click this botton below or get in touch with us.


Have you heard of Bitcoins and the cryptocurrencies hype?

If you haven’t, you have been sailing solo with no means of communication for too long, so we are happy you are back (if you are reading this that is).

Markets go up and down just like waves, then it comes a storm, then maybe rain and back to calm seas. Ultimately, most sailors do experience the same at sea and those that don’t get hurt are those that don’t panic and pay the oceans some due respect.  When it comes to market data in the yachting industry these are mostly driven by  motor yachts with roughly a 1 – 7 ratio vs sail yachts globally. 

We enjoy looking at the world as a whole as all good sailors do and a fact, we should not forget, is that the world is mostly made by oceans. While discussing some crucial points of our recent Yacht Market Analysis forecasts we pushed macro-economic scenarios to extremes. In doing so, we have elaborated a scenario (admittedly somewhat catastrophic) whereby sail yachts could actually play a vital role in the survival of humanity as they did in ancient times.

What is “real tangible value” for human beings? Can it be destroyed or created?

It’s not necessarily a scene from the movie Waterworld with Kevin Kostner we inspired ourselves to but a brief logical dissertation and some macro economic considerations on what is real value on how it can be destroyed or created.Waterworld Kevin Kostner

When we say value we mean satisfying real human needs like those for shelter, food and transport where boats are very well placed.

Let’s make it clear: In our opinion, Cryptocurrencies such as Bitcoins, Litecoins, Ethereum and all of the others that are by nature de-centralised and NOT controlled or backed by any government are just symptoms of the state in which the world populations really is. 

Symptoms for what you may ask?

The focal point of Bitcoins as with many other non-government backed crypto currencies is that the owner of such currency is the ultimate and only custodian of its value. Even though the concept of value here is less “primitive” and refers to currency-based economies. Cryptocurrencies value is theoretically non inflationary as the number of Bitcoin is supposed to be finite in 2040 and is entirely based on confidence and trust. However, the confidence and trust is somewhat peer-to-peer rather than state-to-citizens (banks to account holders) or state-to-state central banks and treasury bonds).

As result we believe that the Bitcoin phenomenon is actually a symptom of the mistrust and lack of confidence the world has started to breed towards banks and central governments and if you were raised in Greece or Argentina or many other countries that have experienced serious financial meltdowns, it’s hard to blame you for such growing mistrust.

The major banks are calling it a bubble and governments are starting to ban crypto currencies, especially those governments that have the security of gold such as China that stands in pole position as the U.S. biggest foreign creditor. (See: https://www.thebalance.com/who-owns-the-u-s-national-debt-3306124).

Bitcoin and Sailboats


How will the banks and governments react to crypto currencies in the mid-long term and in the short term?

Scenario a) They’ll let them run, trying not to interfere and potentially risk to have a sizeable amount of their current accounts moved outside of the traditional banking system

Scenario b)They’ll try to fight back, buy as much as they can and engage in a massive pump and dump action/plan which would initially increase the value of all of these (or all the major cryptocurrencies) to harm the confidence in the market, cause panic and destroy any residual credibility of cryptocurrency in the attenpt to force people to take a complete loss and abandon the non-government-backed currency in favour of centralised government-backed currency.

Scenario c) The crypto currencies don’t gain enough traction to subtract significant value from the traditional banking system and therefore do not constitute a threat per-se but only in the potential illegal implication of the anonymity they provide, thus governments built exchanges in an attempt to regulate cryptocurrencies and exercise sufficient control to be able to ‘handle them’ via banks.

What other scenarios do you see?

(it’s not a rhetorical question au contrarie we are very interested to hear your opinion.)


When a bank gets in trouble as happened in Greece in 2015, it may resort to drastic action to deter the population from ‘assaulting’ their ATMs/cash machines and bank branches and withdraw the whole or most of their liquidity.

Why is that ?

Because over 90% of the circulating currencies at the global level never physcially existed in the first place, in other words, bills/notes, or coins have never been physically created. It is indeed estimated that only between 3%-8% of currencies actually has a ‘touchableform (note/bill or coin).

To make the long story short and simplify the matter at hand if 10% of the world currency holders (or even only the 1% Ultra High Net worth individuals) were to ask for all of their money (assuming 10% of the total circulating)  in cash these could not be possible and it probably would cause the crash of several major banks or alternatively it would call for several major bailouts financed by governments which ultimately (again) would reflect on inflation and national debt once again.

How does bitcoin fit in the picture and how do sailboats fit in this catastrophic scenario ?

A bank can try to reduce or make it more difficult for their clients to withdraw all of their cash and also make it very inconvenient to do so, but it cannot prevent people in the digital age to transfer (BUY) a valuable that is outside the banking system (in our case Bitcoin). Effectively, banks can’t prevent people from moving their money outside their accounts and into NO other bank through the use of a cryptocurrency. Thus, a bank would effectively lose its main role if the owner of the valuable becomes de-facto the custodian as in the case of Bitcoin (the modern version of the cash in the mattress).

Banks Shut DOWN in Greece

People assaulting a bank in Greece during the recent financial crisis.

When entire national economies have a liquidity problems the housing market has a problem too.

Think of the subprime mortgage crisis that sent Lehman Brothers belly up, which was the natural explosion of a bubble created by excessive/predatory lending, insanely leveraged debts and a typical (READ: post gold standard) thin-air money creation process perpetrated by several banks and ultimately (willingly or unwillingly) backed by the Federal Reserve.

Bottom line: People lost their homes, their wealth, and some unfortunately took their lives too.

What if a sailboat could actually be the ultimate safety net ?

Boats are typically considered a depreciating asset as opposed to real estate BUT they have a few very major advantages even compared with those that are considered the most secure forms of investment such as gold, houses and land.

Sail boats can be moved and thanks to the winds and the generosity of the oceans they are not much dependent on fuel (if at all) and are themselves means to provide humans with food (through fishing).

Ergo: in a slightly primitive sense of value, sailboats represent a safer value than homes, cash or even gold in terms of being instrumental to humans’ survival (think independent shelter, fishing, transport).

Lastly, boat ownership in some jurisdictions ( SEE: http://nomadcapitalist.com/2017/07/17/ultimate-guide-yacht-registration/)  is not even taxed.

Please take into account that this article is merely a dissertation and we are not suggesting that a financial doomsday of global proportion is actually going to manifests soon. We are using such hypothetical scenario to prove a point and incentive critical thinking in these interesting times of change.

Budget Sailboat

A long range 37 feet classic sailboat sold recently for less than £2800

How does bitcoin and crypto fit in the picture and how do sailboats fit in this catastrophic scenario ?

Our point is that sailboats if bought at a reasonable price, well maintained and used properly can actually represent a valid way to keep a certain “value” safe from world’s events and, theoretically safe from any government or tax authority. A sailing yacht can, indeed, be re-registered under a different flag much more easily than you can sell some property and land and buy it somewhere else. A sailing yacht travels on its own hull almost limitlessly and unlike gold or other precious materials or stones is not subject to regulatory limits on planes (E.g.: Declaring valuables in excess of €10K to travel outside the EU).

In the unlikely financial doomsday event where the peoples of the world would have lost all trust in their currencies and their governments, the ability to move, fish and have shelter that is not directly controlled and directly at the mercy of any given ‘rule maker’ would actually be the ultimate safety net.

Interesting Yachting Industry Insight: 

When Greece experienced the financial problems and turmoil,we were conducting a research on yacht paints. While speaking with several marina managers and operators we were told they were oddly receiving more frequent calls from their yacht owners asking about the ‘well being’ of their vessels. 

Are we biased and would like to see more happy sailors around the world than stressed Cryptocurrency traders ? Oh YES !

We are 100% biased! We surely are not hiding our passion for boats and we’ll keep dealing with boats till will have to use them to survive. Maybe in those days we’ll get bored of sailing and try to invent something new to move around the world over water. We are always up for a technical challenge.

1950s Hydrofoil with Carlo Rodriquez

Carlo Rodriquez and Baron Von Shertel 1950s trying a prototype of hydrofoil

Share this article and let’s see how wild can your friends’ imagination run!

Sailing sustainably has become quite the thing. No surprise then when Sir Ben Ainslie’s America’s Cup team, LandRover BAR, selected Aethic as its official sunscreen supplier.

Here is a company that tested candidate ingredients on coral and having rejected those that were harmful, only used those that left coral intact. It then made a product and tested this again in its entirety; The very first Eco-compatible sunscreen to protect your skin while sparing marine life.

This scientific work, carried out by one of the world’s leading marine scientists (who discovered the problem to start with), was submitted for a patent. The European Patent Office approved it.

Did you know most sunscreens we use accidentally kill corals ?


Volvo Ocean Race Contender
Vestas Vendee Globe


Meanwhile, other sailing teams soon selected this product too. Artemis Racing, Conrad Colman taking part in the Vendée Globe and now Vestas 11th Hour Racing in the Volvo Ocean Race all use Aethic Sôvée. They all prize it for its great protective qualities which three sun filters and the fact that it has Vitamin E and only food grade preservatives.

Aethic Eco-compatible Sunscreen 50 SPF

Aethic Eco-compatible Sunscreen 50 SPF

So that’s a great start in protecting skin properly and combating the damage wrought by most sunscreens on coral and marine life.

It is estimated that 14,000 tons of sunscreen hit the ocean annually and that they account for 10% of annual coral decimation.

And biodegradable, while sounding nice, is irrelevant. Just because ingredients degrade, dissolve or dilute, doesn’t mean that they do no harm. It takes only one particle to set off a viral epidemic in coral which can kill an entire reef.

Coral reef

Problem: Coral reef gets damaged by most sunscreen we use

Did you know that Zinc Oxide and Titanium Dioxide have been found to damage phyto-plankton, which is another life-supporting pillar of marine life?

So-called Mineral, natural and organic ingredients, notably Zinc Oxide and Titanium Dioxide,  aren’t necessarily the answer either. Firstly, let’s be clear, all sun filters are still man made. So calling these natural or organic is a stretch. Secondly, Zinc Oxide and Titanium Dioxide have been found to damage phyto-plankton, which is another life-supporting pillar of marine life – alongside coral. When it comes to ‘organic’, well, crude oil is organic – when left under hundreds of metres of bedrock it does no harm. Pour millions of gallons into the Mexican Gulf and….. Come to mention it, Arsenic is organic….

The real point is compatibility. As is the case of so many things in life. Sunscreen ingredients need to be compatible with marine life. That’s the point.

So maybe when Aethic scientifically proved that their short, simple, ingredient list was ecocompatible, and had this evidence confirmed by peer scientific review, and had the patent approved, it proved too much for one major competitor.

The Nivea-giant Beiersdorf opposed the patent a few days short of the nine month opposition deadline. And Aethic now has to fend it off by countering their opposition at the European Patent Office.

It’s gotten nasty out there in the fight to protect skin and save the ocean. And one large company is not making it easier for Aethic to continue in its mission.

We decided to support Aethic in raising the legal fees to fend off Beiersdorf. If you believe that good products should not be crashed by other companies simply because they have the financial resources to do it, take action now and donate. www.fundaethic.com

The fight is on and you can make a great difference. Fund Aethic or choose Aethic as your skincare product of choice when you go at sea.

 

THE FOLLOWING IS THE CONTENT OF AN OFFICIAL PRESS RELEASE

If ever there was a brand that could justifiably claim to be the Rolls Royce of powerboats, it would be Riva. Designed and built with a fanatical dedication to perfection, and with a heritage that goes back over a century, nothing else has quite the status, allure, dignity and glamour of Riva.

This year’s London Boat Show sees the UK debut of Riva’s latest and most glamourous addition to their dayboat/weekender line-up, the 39ft Rivamare.

Every inch the modern day re-imagining of the legendary mahogany Rivas of 50 years ago, the Rivamare is a glorious combination of exquisite design, meticulous quality, flawless finish and impeccable performance.

The Rivamare’s sublimely elegant lines, voluptuous sweeping stern and gleaming wooden deck are all classic Riva hallmarks. As an open-top dayboat, the Rivamare is sheer perfection. Her cockpit and deck areas are not just beautifully designed, they are also brilliantly practical and superbly comfortable. The cockpit is where people will spend most of their time, and they’ll be happy to find it fitted out like a luxury limousine, but with the added attractions of sun loungers and steps down.

to the sea. The main centre section of the transom opens out to form a bathing platform, revealing a garage with plenty of space inside for a Seabob, skis and other watersports gear.

The interior of the Rivamare is something to behold. Surprisingly spacious, the detailing is simply stunning. It is trimmed in beautifully hand-stitched leather, with gleaming woodwork and polished steel that sparkles like precious metal. It makes the perfect day cabin, but also provides genuine overnight accommodation when required. The v-berth, which converts to a double, also serves as a seating and dining area. And there’s a fully fitted bathroom with shower and wc, plus a galley.

And yet, with all this style, design, glamour and luxury, the Rivamare is a powerboat, and an exceptional one at that. The best part of owning one of these wonderful machines is undoubtedly getting behind the wheel and opening the throttles. The helm station has the sort of look you might expect if Gucci designed a console for a racing powerboat – you just know that what you are about to experience is going to be something very special. And indeed it is: smooth, powerful, astonishingly responsive, the Rivamare handles like a dream. Nestling unobtrusively below the sunbeds are twin 400hp Volvo sterndrives, ample power to accelerate the Rivamare smoothly and gracefully onto the plane, and on to a top speed of 40 knots (46mph/74kph).

This is not a boat for the shy and retiring. The Rivamare will demand and attract attention, not to mention admiration and even adoration. When it comes into view, onlookers will inevitably stand and stare, such is its presence and poise. Fashionable trends may come and go, but the timeless elegance of the Rivamare will turn heads for years to come.