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GRADE I YACHT CHARTER

43.28m  /  142'   christensen   1995 / 2018.

• Previous Yacht

Cabin Configuration

Special Features:

• Benefits from $2million Refit
• Full-beam Master Suite
• Aft Deck Bar & Al Fresco Dining Area

Superyacht 'Lady Bee' offers an elegant, well-appointed setting for soaking up the Caribbean sunshine in style.

The 43.28m/142' 'Grade I' motor yacht built by shipyard Christensen is available for charter for up to 12 guests in 6 cabins. This yacht features interior styling by American designer Karen Lynn Interiors.

Boasting an array of sumptuous living areas laid out invitingly to create a warm and welcoming atmosphere onboard, motor yacht Grade I is the perfect luxury charter yacht for friends and family. She has sensational features such as an elevator and gym.

Guest Accommodation

Built in 1995, Grade I offers guest accommodation for up to 12 guests in 6 suites comprising a master suite, four double cabins and one twin cabin. There are 7 beds in total, including 1 king, 4 queen and 2 singles. She is also capable of carrying up to 8 crew onboard to ensure a relaxed luxury yacht charter experience.

Onboard Comfort & Entertainment

On your charter, you'll find plenty to keep you busy and entertained, particularly a gym with all the latest equipment to maintain your fitness routine. Soak up the bubbles in style in the deck jacuzzi.

Grade I benefits from some excellent features to improve your charter, particularly an elevator, making any part of the yacht quickly and easily accessible. With Wi-Fi connectivity you don't have to lose contact with the outside world, unless you want to and in addition you can stay comfortable on board whatever the weather, with air conditioning during your charter.

Performance & Range

Built with a GRP hull and GRP superstructure, she benefits from a semi-displacement hull to provide exceptional seakeeping and impressive speeds. Powered by twin Deutz engines, she comfortably cruises at 11 knots, reaches a maximum speed of 17 knots with a range of up to 3,455 nautical miles from her 32,172 litre fuel tanks at 12 knots. Her low draft of 2.04m/6'8" makes her primed for accessing shallow areas and cruising close to the shorelines.

When not cruising Grade I has onboard an incredible selection of water toys and accessories for you and your guests to connect with the waters around you. You'll be loving the huge adrenaline rush as you zip over the water on one of the three Sea Doo GTX WaveRunners. Also there are towable toys offering fun and adventure. Additionally, there are waterskis that are hugely entertaining whether you are a beginner or a seasoned pro. If that isn't enough Grade I also features scuba diving equipment, a seabob, fishing equipment and snorkelling equipment. Grade I features two tenders, but leading the pack is a 12.8m/42' Yellowfin Tender to transport you in style.

Book your next the Caribbean and Central America luxury yacht charter aboard Grade I this winter. She is already accepting bookings this summer for cruising in the Caribbean.

Motor yacht Grade I is an outstanding pedigree yacht that delivers on all fronts for superlative luxury yacht vacations.

TESTIMONIALS

There are currently no testimonials for Grade I, please provide .

Grade I Photos

Amenities & Entertainment

For your relaxation and entertainment Grade I has the following facilities, for more details please speak to your yacht charter broker.

Grade I is reported to be available to Charter with the following recreation facilities:

• 1 x 12.8m  /  42' Yellowfin Tender (towable)
• 1 x 5.79m  /  19' Novu-Bow Tender

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

• + shortlist

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

PADI CERTIFIED TRAINING CENTRE

Your family and friends could learn to scuba dive on your charter vacation onboard this luxury charter yacht. Motor Yacht Grade I is a certified PADI Dive Centre yacht so you could obtain your PADI diving card .

'Grade I' Charter Rates & Destinations

Summer Season

May - September

$140,000 p/week + expenses

High Season

Cruising Regions

Caribbean Bahamas

Winter Season

October - April

$155,000 p/week + expenses

Caribbean Antigua, Bahamas, Saint Martin, St Barts Central America Costa Rica

Charter Grade I

To charter this luxury yacht contact your charter broker , or we can help you.

To charter this luxury yacht contact your charter broker or

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NOTE to U.S. Customs & Border Protection

Specification

SEASONAL CHARTER RATES

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SIMILAR LUXURY CHARTER YACHTS

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Yachts in your shortlist

1995   Christensen    142ft  /  43.3m

GRADE I Yacht Charter

GRADE I currently registered in the Marshall Islands is actively available for charter.

The luxury motor yacht GRADE I, previously named LADY BEE, was built by Christensen and delivered to her owner in 1995, she later underwent a refit in 2018.

The exterior of GRADE I is designed by Setzer Design Group.

The 142ft / 43.3m GRADE I has been constructed with a grp hull and is powered by 2x Duetz/Manheim Marine 604V12 with a cruising speed of 12 knots and a top speed of 17 knots.

Charter guest accommodation

GRADE I has been designed to comfortably accommodate up to 12 charter guests in 6 suites.

The guest cabins comprise 4 cabins with a queen size bed and en-suite bathroom facilities, a primary suite with a king size bed and en-suite bathroom facilities and a cabin with a twin bed and en-suite bathroom facilities.

Your luxury charter crew

Your luxury charter on board motor yacht GRADE I will be managed by the crew of 9 including the captain.

The crew will ensure you have a relaxed and enjoyable charter experience with all of your needs catered for while on board.

The 9 crew have their own separate crew quarters allowing guests to enjoy increased levels of privacy.

Amenities & Entertainment

Amenities on board for the charter guests include Air Conditioning, Elevator, Exercise equipment, Light fishing gear, Gym, Jacuzzi on deck, Stabilizers, Swim platform and Wi-Fi.

An extensive list of further amenities and water toys can be seen under the features and amenities section.

Yacht charter destinations

GRADE I is Currently cruising in the Caribbean.

Sample itineraries for the cruising destinations can be supplied by your professional charter broker allowing you to plan your luxury yacht charter vacation in detail.

• Air Conditioning
• Exercise equipment
• Light fishing gear
• Jacuzzi on deck
• Stabilisers
• Swim platform
• Inflatable Trampoline
• Tube - towable
• Water skis - adult
• Waverunner (Sit Down)
• Snorkeling Gear
• 38ft/11.5m Jupiter
• 42ft Yellowfin Tender
• 19' Novu-Bow Down Tender

Destinations

Frequently Asked Questions

How much to charter grade i.

GRADE I has a weekly charter price starting at $140,000 and an estimated daily charter price of $23,300.

How many guests on board GRADE I?

GRADE I can accommodate 12 sleeping guests on board in 6 cabins, with the ability to cruise with up to 12 guests.

Legal Disclaimer

Motor Yacht GRADE I is displayed on this page for informational purposes and may not necessarily be available for charter. The yacht details are displayed in good faith and whilst believed to be correct are not guaranteed, please check with your charter broker. Charter Index does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information or images displayed as they may not be current. All yacht details and charter pricing are subject to change without prior notice and are without warranty.

U.S. Customs & Border Protection

The yachting industry has no global listing service to which all charter yachts must subscribe to, making it impossible to ascertain a truly up-to-date view of the market. Charter Index is a news and information service and not always informed when yachts leave the charter market, or when they are recently sold and renamed, it is not always clear if they are still for charter. Whilst we endeavour to maintain accurate information, the existence of a listing on Charter Index should in no way supersede official documentation supplied by the representatives of a yacht.

Specification

Popular related yachts.

GRADE I Christensen | From US$ 140,000/wk

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KATHLEEN ANNE | From EUR€ 140,000/wk

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GRADE I Christensen | From US$ 140,000 /wk

Motor yacht GRADE I (ex Lady Bee, Gotta Go, Xilonen, Big Play, Namoh) was designed and built by the well renowned Christiansen shipyard in 1995 and received her last refit in 2018. This 43.28m (142') luxury yacht offers accommodation for up to 12 guests in 6 deluxe staterooms.

NOTABLE FEATURES OF GRADE I: Jacuzzi ~ Gym ~ Indoor & alfresco dining options ~ Scuba diving equipment ~ Great selection of water toys ~ Vast spaces for sunning and relaxation

Motor yacht GRADE I has plenty of interior living to enjoy and features an elegant décor of soft cream furnishings, rich dark woods and intricate detailing. The main salon is generous and boasts the lounge aft, with a low island credenza separating the formal dining area forward. Thanks to the almost full-length vertical windows, the salon is light and airy, optional privacy blinds create an intimate ambience.

On the main deck forward is the master stateroom, featuring a full beam layout, king size bed, his and hers facilities and central shower.

This yacht boasts a spacious sky lounge with elongated vertical windows, ideal for entertaining and relaxing. A large L shaped sofa, coffee table, study desk and marble-topped wet bar invites both an elegant ambience and casual entertainment area.

GRADE I Specifications

Aboard, guests have ample exterior deck space to relax. The aft deck is generous and boasts comfortable seating with three outdoor sofas, an alfresco dining option, a wet bar and shade. For a more relaxed atmosphere, the sundeck is complete with alfresco dining, additional seating and a deluxe Spa Pool tub. The yacht has a wide array of water toys to choose from and features an extended swim platform, allowing for effortless water access.

She has a beam of 8.3m (27.5ft) and a draft of 2.06m (6.19ft), she is powered by 2 x Deutz/Manheim Marine 604V12 engines, capable of up to 17 knots. She is fitted with Naiad stabilizers for optimum comfort.

Yacht Charter Accommodation

Luxury yacht GRADE I offers accommodation for 12 charter guests, in 6 double and one twin cabin, all with private en-suite facilities and full entertainment systems. The master stateroom is on the main deck forward and full beam of the yacht, with a king size bed. Below decks are 4 guest cabins, each with queen size beds. A further guest cabin offers twin single beds. She has a dedicated crew of 8 and she is the ideal choice for families and groups of friends, offering ample interior and exterior amenities.

Charter Amenities and Extras

Tenders: ~ 42’ Yellow Fin with 3 x 350 Yamaha’s engines ~ 19’ Novurania Catamaran with a bow ramp and 15hp Yamaha engine ~ 3 x Sea Doo’s - 3 person GTX 260 hp ~ 2 x Seabobs ~ Fishing gear lots of trolling and deep drop fishing gear ~ Water skis ~ Towable water toys. ~ Snorkel gear ~ Beach set up – full with tent, table & 12 chairs ~ Dive gear for 8 guests ---all guests must be fully certified

Charter Yacht Disclaimer

This document is not contractual. The yacht charters and their particulars displayed in the results above are displayed in good faith and whilst believed to be correct are not guaranteed. CharterWorld Limited does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information and/or images displayed. All information is subject to change without notice and is without warrantee. A professional CharterWorld yacht charter consultant will discuss each charter during your charter selection process. Starting prices are shown in a range of currencies for a one-week charter, unless otherwise marked. Exact pricing and other details will be confirmed on the particular charter contract. Just follow the "reserve this yacht charter" link for your chosen yacht charter or contact us and someone from the CharterWorld team will be in touch shortly.

GRADE I Enquiry

“We’re boatbuilders, that’s what we love to do... We want our customers to have as much enjoyment during the process of construction as the exceptional artisans who create them.” - Christensen Yachts Owner Henry Luken

ACACIA | From US$ 140,000/wk

SERENGETI | From US$ 140,000/wk

NOROADER | From EUR€ 140,000/wk

The luxury boats owned by some of the wealthiest people in tech, from a yacht so big it has its own support boat to superyachts with swimming pools and basketball courts

• Many billionaires like Jeff Bezos and Richard Branson enjoy spending their time on luxurious yachts.
• The boats are decked out with amenities that many Americans can only dream of.
• Here are some of the billionaires in tech who own private yachts.

A regular Jane celebrating a personal renaissance after a long-term relationship might commemorate the new era with an ankle tattoo of a spiritual saying. When you're a billionaire, you could do it instead with a $500 million megayacht . 

Amazon founder Jeff Bezos made waves in May riding around the roughly 127-meter "Koru," a Māori term that may signify a fresh start, with his reported fiancée Lauren Sanchez. (In 2019, Bezos finalized his divorce from MacKenzie Scott, whom he was married to for 25 years).

Beyond the private planes occupying the hangars of billionaires, yachts have come to symbolize the highly private sites of leisure and networking reserved for the ultra-wealthy .   

Tech billionaires like Bezos, Oracle cofounder Larry Ellison, and Google cofounders Sergey Brin and Larry Page have all purchased their own mini vacation hubs at sea, decking their boats with amenities like gyms, spas, pools, nightclubs, and movie theaters.

For those wishing to experience life aboard these multi-million-dollar yachts, some are available to rent out for a few nights or weeks at a time. Late Microsoft cofounder Paul Allen's yacht can be booked for $2.2 million per week or more, according Bloomberg .

Chartering yachts owned by billionaires like Alphabet cofounder Sergey Brin has previously cost customers anywhere from $773,000 a week to $1.2 million .

It remains to be seen how these vessels will fare against the apparent Orca uprising.  

Take a look at some of the yachts that have been owned by tech billionaires.

A mystery buyer bought a 414-foot superyacht that was once owned by late Microsoft co-founder Paul Allen for $278 million. Allen had the boat, which was named "Octopus," built in 2003 for $200 million. Since the tech billionaire's death in 2018, the boat had been listed for as much as $325 million.

Source:  SuperYacht Times

The wealthy can book the yacht for a weekly rate of $2.2 million or more, through the luxury company Camper & Nicholsons, Bloomberg reported last year.

Sources: Bloomberg; Insider . 

Amazon founder Bezos' $500 million megayacht, the roughly 127-meter "Koru," sparked attention in May for its artistic decor. A sculpture of a woman on the boat appeared to observers to be the likeness of Bezos' reported fiancée Sanchez, who was also seen that month on the yacht sporting a large ring.

Sources: Insider ; People .

Even before its completion, "Koru" drew the ire of Dutch people vowing to hurl eggs at the boat if it would require a historic bridge in Rotterdam to be taken apart to let it through. An egg crisis was averted however, as the company making the ship found a less-irksome alternative.

Source: Insider . 

Bezos has long been interested in yachts. In 2019, he was spotted aboard entertainment mogul David Geffen's superyacht.

Oracle cofounder Larry Ellison owns a 288-foot yacht named Musashi that he acquired in 2013. The yacht has several amenities, including an elevator, swimming pool, movie theater, and both an indoor and outdoor gym.

Source: Yacht Bible

Ellison has owned several superyachts over the years, including the Katana, the Ronin, and the Rising Sun.

Source: Forbes .

The Oracle cofounder also has a knack for competitive yacht racing, and helped to found and back a racing team, called Oracle Team USA, in 2000. The team has found success and won several prestigious titles over the years.

Source: Telegraph

Ellison previously owned a bigger, 454-foot yacht called Rising Sun, which was designed specifically for the CEO in 2005. That yacht reportedly has 82 rooms, a movie theater, a wine cellar, and a basketball court. However, Ellison sold off the Rising Sun to Geffen for a reported $300 million.

Source: Forbes , Boat International

Ellison's boat, Musashi, is a sister ship to the yacht of another billionaire, former Sears CEO Eddie Lampert. However, the yacht, named Fountainhead, is often mistaken for belonging to billionaire investor Mark Cuban. "The guy who owns the boat tells everyone that it's mine," Cuban told Page Six in 2016. "It's so crazy ... I don't even own a boat."

Source: Page Six

Ellison's yacht reportedly influenced the decision of late Apple CEO Steve Jobs to get a boat himself. However, Jobs never set foot on the boat — the yacht was commissioned in 2008, but wasn't completed until 2012, a year after his death.

Source: Business Insider

When Jobs died in 2011, his yacht — along with his $14.1 billion fortune — was inherited by his wife, Laurene Powell Jobs, founder and president of a social-impact nonprofit called the Emerson Collective. The 256-foot yacht is named Venus, and is worth $130 million.

Google's billionaire cofounders, Larry Page and Sergey Brin, are known to splurge. An Insider feature in December documented some of the trappings of their luxury, including planes and yachts.

Source: Insider .

Page owned a yacht named Senses, a $45 million, 194-foot boat that he bought in 2011 from a New Zealand businessman. He's since sold the yacht, Insider reported in 2021, a vessel that had a private beach club with a Jacuzzi and sun beds, both indoor and outdoor dining areas, and a helicopter pad. It's unclear what other sea vessels he owns, though Insider has previously reported he might have another yacht.

Sources: Boat International; Insider . 

Brin meanwhile owns a number of yachts and vessels including the 73-meter Dragonfly, and the 40-meter Butterfly, Insider reported in January.

Dragonfly, the $80 million boat that has a movie-theater, shares a name with Google's once-secret project to launch a censored search engine in China. Google said in 2019 it had officially terminated the project.

Source: Insider , Forbes .

The former Google CEO picked up the Alfa Nero yacht for nearly $68 million in an auction in June, according to a Bloomberg report. The yacht had apparently been left amid Russia's war in Ukraine, according to the report.

Source: Bloomberg .

For Skype cofounder Niklas Zennstrom, his interest in yachts skews toward racing and competitive sailing. Zennstrom has gone through a succession of boats all named Ran.

Source: CNN

The Ran VII yacht is among the most advanced of Zennstrom's boats. The racing yacht uses electrical power, which Zennstrom has said makes it "lighter, less drag, quieter, and most importantly it is environmentally friendly."

The 40-foot yacht has been meant to compete in regattas through the racing team owned by Zennstrom and his wife, Catherine. The Ran racing team launched in 2008, and has won some prestigious regattas.

Barry Diller, chairman of digital media company IAC, co-owns a $70 million yacht with his wife, fashion designer Diane von Furstenberg.

The sailing yacht, named Eos, is 350 feet long with six bedrooms. The power couple has hosted many celebrities over the years — a few that have been spotted aboard Eos include model Karlie Kloss, actor Bradley Cooper, journalist Anderson Cooper, and singer Harry Styles.

Source: W Magazine

For Jim Clark, the cofounder of Netscape, one yacht hasn't been enough. Clark has owned boats for more than 30 years, and in 2012, he put up two of his sailing yachts for sale.

Clark listed the boats for a combined $113 million: the 136-foot Hanuman for $18 million, and the 295-foot Athena for $95 million. However, Clark has yet to offload Athena. Clark also previously owned a 155-foot yacht named Hyperion, and currently also owns a sloop called Hanuman.

Source: Boat International , Forbes

Charles Simonyi worked at Microsoft until 2002, and oversaw the creation of Microsoft Office software. A few years before he left, Simonyi decided to purchase a yacht. He told the designer that wanted his yacht to be "home away from [his] home in Seattle."

Source: Boat International

The product of that conversation in 1999 is Simonyi's yacht named Skat, meaning "treasure" in Danish. The yacht measures 233 feet long, and is unique with its nontraditional design and gray color. Skat features a matching gray helicopter, a gym, and motorcycles.

Source: Yacht Charter Fleet

Opulent British billionaire Richard Branson owned a yacht until he sold it in September 2018. The 105-foot catamaran sold for $3 million, significantly lower than the $9.6 million price Branson listed the boat for in 2014.

Branson, the founder of Virgin Group, bought the boat in 2009. He named it Necker Belle, a nod to his private Caribbean island, Necker Island.

Additional reporting by Paige Leskin.

• Main content

Who Owns Superyachts In 2023 —And What Does That Mean For You As Crew?

Where once oligarchs, oil tycoons, royals and old money ruled the roost in the yachting world, tech billionaires have increasingly dominated the superyacht market. Who are these people — and more importantly — what does their different style of ‘yachting’ mean for you as crew?

The list of tech billionaires (at least, the list we know of) is long and getting longer by the year. And as their wealth grows, so does the size of the boats they own!

Jeff Bezos, Larry Ellison (Musashi), Charles Simonyi (SKAT), Sergey Brin (Dragonfly), and Larry Page (Senses) are just some of the tech billionaires known to own a superyacht. Mark Zuckerberg, meanwhile, is rumoured to own Andromeda.

While we can only speculate on how these exact individuals use their yachts or what they are like onboard, some general traits might set the tech billionaire yacht owner out as using their yachts differently than generations of yacht owners before them.

Overall, tech billionaires are often younger, more adventurous and less hidebound regarding old rules and service styles. Here are a few general trends we can assume.

They want to eat well, but less fussily, and with a greater premium on health.

Where silver service, ultra-decadent meals, and mountains of wasted food were — and often still are— preferred by old-money yacht owners and charterers, the modern tech billionaire is more likely to be health-conscious and eat food that is plated rather than buffet style or silver service. Yacht chefs now need to be more skilled in special diets, such as plant-based or keto, and offer a broader range of cuisines.

They want to WORK.

Superyachts used to be for holidays only. This was partly by necessity —the lack of connectivity meant that work went on the back burner for summer months as guests swanned around the Mediterranean. Now, the extraordinary technological strides on board allow yacht owners to have offices where they can work anywhere in the world.

They want to go far beyond the milk run.

While anchoring off St Tropez or Cap Ferrat for weeks in August will always be in style, there has been an explosion in remote cruising, often fuelled by this younger, more adventurous set of yacht owners who can work from anywhere- Antarctica to Alaska and beyond.

This has fed into the next point…

A desire for adventure and exploration has changed yacht design.

As younger, more adventurous owners like tech billionaires have joined the superyacht market, the design of yachts and the toys they carry have changed markedly. New types of vessels have been created to meet this desire for off-the-beaten-track cruising, from support yachts to water toys to the massive growth in explorer yachts. Gone are the days when one yacht layout was almost identical to another. Now, we have winter gardens, submarines, ice rooms, ski rooms, large onboard offices, and helicopter hangars.

Not all of these changes have been driven by tech billionaires, granted. Still, their vision of what is possible has dramatically changed what yachts look like and how they operate as machines, with new types of propulsion, greater ranges, and a considerable amount more tech onboard.

Some things never change.

One thing hasn’t changed, though—a wealthy person’s desire for privacy. Discretion remains perhaps the most essential trait in any crew member, which you must keep in mind when working on yachts —even in the day of constant social media and shows like Below Deck.

A wealthy person’s desire for privacy and discretion is a constant that crew forget at their peril. Are you ensuring that you are a trusted asset? You may have signed that NDA, but do you let stories slip now and then at the bar? Are you careful about not taking photos onboard that give away anything about the boat or the owners? Do you make sure you don’t share the yacht’s cruising plans?

In a world where stories about tech billionaires will fly around the globe at light speed, you must be the gatekeeper. Stories cannot leave the passerelle.

Contact information

Sharon Rose

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Understanding Yacht Co-Ownership: Answers to the 8 most-asked questions.

Whether you want to buy a share of a yacht, sell a share of a yacht, or are completely new to the concept of yacht co-ownership, this article is for you. We’re sharing some of the most popular questions we get from clients, and our answers.

What is yacht co-ownership?

Yacht co-ownership  – also referred to as fractional yacht ownership or shared equity yacht ownership – describes an ownership structure that enables a designated number of co-owners to share all the benefits and costs associated with owning a yacht. 

Why choose co-ownership?

The immediate appeal of co-ownership, as opposed to conventional yacht ownership, is that you only pay for the time you spend on the yacht. If you were to own a yacht outright, you would be paying for the yacht even when it’s simply docked in the marina.

Plus, with shared ownership, your yachting budget can go a much longer way. The more people you have to share the cost with, the bigger your budget and your yacht options will be. Rather than having just one single budget to work within, you’ll have double or triple that depending on how many partners you share the yacht with.

Another major advantage to co-ownership is the hassle-free experience it offers. As part of AvYachts Co-ownership Plan, management and maintenance responsibilities can be taken care of for you. Rather than worry about planning yard times, hiring and managing crew, and the day-to-day challenges of yacht ownership, you’ll be able to spend more time enjoying your yacht and having fun.

How does co-ownership work?

With yacht co-ownership, each owner gets to use the yacht on a fair basis according to how large their share is. There is a round-robin system that rotates the most popular weeks of the year, such as high-season or school holidays, with the flexibility to swap weeks.

What is the right number of co-owners?

There is no one right number of owners. It is dependent on a variety of factors, including the size of the yacht, plus where and how often you plan on using it. Our expert matchmakers will work with you to find just the right ownership structure for you. 

Why do so few companies offer Co-Ownership services?

Co-ownership has long been a part of yachting culture – whether it’s family members buying together, business partners, or even friends. So why is it that so few companies offer co-ownership services? The honest answer is that it requires a lot more effort and dedication to put a shared deal together than a single ownership deal. In some cases, it can be twice to four times the work, so a company/broker needs to be passionate about the concept of finding the right fit for you and be experienced at successful yacht partner matchmaking.

Why consider selling a portion of your yacht?

The demand for yachting is growing.  Every yacht owner has weeks their yacht is sitting empty.  That is never good for the yacht, the crew, or the bottom line.  While some owners open their yacht for charter to defray the cost, another option is to sell ¼ or more of your yacht for a lump sum plus an annual rate for a guaranteed number of weeks a year.  As the seller, you set the rules of ownership.  It is a guaranteed flow of funds and will keep the yacht and crew moving. 

If you are looking to buy a share of a yacht, what factors should you consider when setting a budget?

Owning a yacht is expensive, no matter what your budget is. Here are some questions to consider when setting your budget:

-    Do you want a crew, or are you planning on being the captain and maintaining the yacht?  -      Usage weeks: How many times a year are you going to use the yacht?  -      Number of staterooms: How many people will you be traveling with? -      Destination: Where do you want to go on the yacht? -      Homeport: Where do you want to keep the yacht? -      How long do you want to own the yacht? -      Do you want to handle the maintenance and logistics of owning a yacht?  

Any additional considerations?

At the end of the day, it is not only the purchase price of the yacht that you should keep in mind.  The yearly maintenance and running budget are some of the most important numbers to consider when shopping for a yacht.

 As the expert in helping you buy or sell a share of a yacht, AvYachts matchmakers can connect you with the yachting experience you dream of, at a fraction of the price you imagine. Ready to get started? Contact us today. 

Class Notations on Yachts – Classification Guide

9 December 2016

INTRODUCTION TO YACHTS CLASSES

Classification.

Rules are developed to establish standards for the structural strength of the large yacht’s hull and its appendages, and the suitability of the propulsion and steering systems, power generation and those other features and auxiliary systems which have been built into the ship to assist in its operation, and even pollution protection systems. A yacht may be maintained in class provided that, in the opinion of the Society concerned, it remains in compliance with the relevant Rules, as ascertained by a periodic or non-periodic survey(s). Today a vessel either meets the relevant Class Society’s Rules or it does not. As a consequence, it is either “in” or “out” of “Class”.

In summary, Class Notations on Yachts will tell you a lot about the building quality and condition of each vessel and its components on an annual basis, according to the excellence of its construction and its adjudged continuing soundness. A yacht that has been designed and built to the appropriate Rules of a Society may apply for a Certificate of Class from that Society or for a periodical survey (generally required every 5 years) meant for the Renewal of Class Certificate . Class Societies have often developed two separate sets of Rules for Commercial and Private Yachts . They can be applied to New Construction as well as Existing Yachts .

Classification Societies

Classification Societies play a fundamental role in today’s marine industry. A Society will act on behalf of ship-owners and builders to ensure high build quality and the safety of a ship’s main structural parts . Classification also provides a point of reference with regard to those who were involved in the supply chain including builders, charterers and insurers.

As an independent, self-regulating, externally audited, body, a Classification Society has no commercial interests related to ship design, shipbuilding, ship ownership, ship operation, ship management, ship maintenance or repairs, insurance, or chartering.

The process begins with the design and construction phases, focussing on the implementation and manufacture of key components as well as technical specifications. The standards which must be adhered to are dictated by the regulations of the chosen society and are published as rules, evolving continuously to incorporate new technologies and client requests via the advice of highly competent engineers and architects.

All Classification Societies waive liability for future faults as a surveyor can only record a vessel’s quality at the time of inspection; it is then the responsibility of the yacht owner to maintain the vessel and inform the society in the event of damage or structural alteration. Although the surveys are thorough, they do not cover all aspects of a ship’s build and operating service. This can include crew qualifications, navigational aids and manoeuvrability.

Classification Societies are often simply referred to as “Class Societies” or just “Class”. There are currently 13 members of the International Association of Classification Societies (IACS) , each with a unique set of rules, classification layouts and notations. Five of the biggest Classification Societies are listed below, along with their identifying signature, to denote a ship constructed under special survey in compliance with the Society’s rules, suitable for unrestricted sea-going service:

The marks following the Society’s standard signature are not interchangeable between organizations, meaning each letter or number will represent a different characteristic for each society. Each mark can be broken down to highlight a yacht’s capabilities, equipment or restrictions.

Each of the Classification Societies has developed a series of notations that may be granted to a vessel to indicate that it is in compliance with some additional voluntary criteria that may be either specific to that vessel type or that are in excess of the standard classification requirements.

The Classification of a yacht does not absolve the Interested Party from compliance with any requirements issued by Administrations and any other applicable international and national regulations for the safety of life at sea and protection of the marine environment such as SOLAS, ILLC, MARPOL, ILO or IMO.

Smaller vessels are categorized differently, adhering to different requirements and statutory regulations. With a heavier focus on passenger numbers and distance of operation from shore, the Maritime and Coastguard Agency (MCA) outlines guidance for UK vessels (up to 24 meters in length) which are used for charter or commercial use.

As RINA is today the most reputed Classification Society in the Mediterranean and a leader in the yachting certification business, developing and offering services of ships classification, certification, verification of conformity, inspection, and testing, we will hereby provide you with a summary of their more common Class Notations on Yachts , this will be helpful to identify these most peculiar symbols :

CLASS NOTATIONS – RINA

Main class symbol.

The main class symbol C is assigned to ships built in accordance with the requirements of the Rules or other rules recognized as equivalent and maintained in a condition considered satisfactory by the Society. The period of class (or interval between class renewal surveys) assigned to a ship is a maximum of 5 years.

Except for special cases, a class is assigned to a ship only when the hull, propulsion and auxiliary machinery installations, and equipment providing essential services have all been reviewed in relation to the requirements of RINA’s Rules.

With the 5 year class period is to be understood as being the highest class granted by the Society.

Construction Marks

The construction mark identifies the procedure under which the yacht and its main equipment or arrangements have been surveyed for the initial assignment of the Class.

Construction marks defined below are assigned separately to the hull of the yacht and its appendages, to the machinery installation.

The construction mark is placed before the symbol HULL for the hull, before the symbol MACH for the machinery installations, and before the additional Class Notation granted, when such a notation is eligible for a construction mark.

When the same construction mark is assigned to both hull and machinery, the construction mark is assigned globally to the ship without indication HULL and MACH after the main class symbol.

Hull Construction Mark (HULL)

• Construction mark ✠ is assigned to the hull when it has been surveyed by RINA during its construction in compliance with the new building procedure.
• Construction mark ✠ is assigned to the hull when it was built under the survey of another Society.
• Construction mark ● is assigned to the hull in all cases other than those listed above.

Machinery Construction Mark (MACH)

• The construction mark ✠ is assigned when the propelling and auxiliary machinery has been designed, constructed, certified, installed and tested in accordance with RINA Rules.
• The construction mark ✠ is assigned when the propelling and auxiliary machinery has been designed, constructed and certified in accordance with the rules of another society and installed and tested under the survey of RINA.
• Construction mark ● is assigned in all cases other than those listed above.

Navigation and Operating Notations

The navigation notation UNRESTRICTED NAVIGATION is assigned to a ship intended to operate in any area and any period of the year.

Restricted operating area notations are optional and will be marked accordingly like, for example, on a specified operating area or operation service within “x” miles from shore.

Additional Class Notations

An additional Class Notation expresses the classification of additional equipment or specific arrangement, which has been requested by the Interested Party. The assignment of such an additional Class Notation is subject to the compliance with additional rule requirements.

Some additional Class Notations, due to the importance of relevant equipment or arrangements, are assigned a construction mark. This is indicated in the definition of the relevant additional Class Notations. Class Notations which may be assigned to a ship are listed according to the category to which they belong:

Automated Machinery Systems (AUT)

AUT notations are relevant to automated machinery systems installed onboard ships.

Automated machinery systems (AUT – UMS (Y))

The additional Class Notation AUT-UMS (Y) may be assigned to yachts that are fitted with automated installations enabling machinery spaces to remain periodically unattended in all sailing conditions including manoeuvring.

Integrated Ship Systems (SYS)

SYS notations are relevant to the operation of integrated systems regarding navigation, machinery, communication and specific cargo, as applicable.

Centralised Navigation Equipment (SYS-NEQ)

The additional Class Notation SYS-NEQ is assigned to yachts which are fitted with a centralized navigation control system so laid out and arranged that it enables normal navigation and manoeuvring operation of the ship by two persons in cooperation.

Centralised Navigation Equipment (SYS-NEQ-1)

The additional Class Notation SYS-NEQ-1 is assigned when, in addition to the above, the installation is so arranged that the navigation and manoeuvring of the yacht can be operated under normal conditions by one person, for a periodical one-man watch. This notation includes specific requirements for the prevention of accidents caused by the operator’s unfitness.

Integrated Bridge System (SYS-IBS)

The additional Class Notation SYS-IBS is assigned to yachts which are fitted with an integrated bridge system which allows simplified and centralized bridge operation of all main functions of navigation manoeuvring and communication, as well as monitoring from the bridge of other functions related to specific cargoes and pollution; for passenger ships, heating, ventilation and air conditioning are also included in the monitored functions

Communication System (SYS-COM)

The additional Class Notation SYS-COM is assigned to yachts which are fitted with a local area network including the alarm, monitoring and control systems and computers used for management operations and external communication devices for reporting ashore navigation, maintenance and operational information.

Damage Stability (DMS)

The additional Class Notation DMS may be assigned to yachts complying with the damage stability requirements.

STAR Notation

General STAR is a System of Trace and Analysis of Records integrating rational analysis with data and records from ship-in-service concerning planned inspection and ship maintenance.

The additional Class Notation STAR-HULL is assigned to ships on which an Inspection and Maintenance Plan (IMP) for the hull is implemented.

The notation may be completed by the suffix NB when a structural tridimensional analysis has been performed for the hull structures, at the new building stage. The suffix NB is removed when the ship enters the STAR-HULL survey program through the implementation of the Inspection and Maintenance Plan (IMP).

The additional Class Notation STAR-MACH is assigned to yachts on which an Inspection and Maintenance Plan (IMP) for the machinery is implemented. This plan is based on a risk analysis review of the installation.

STAR Notation (STAR)

When yachts are granted both STAR-HULL and STAR-MACH, the two separate notations are superseded by the cumulative additional Class Notation STAR.

Crew Accommodation and Recreational Facilities (MLCDESIGN)

According to the Maritime Labour Convention 2006 Notation:

The additional Class Notation MLCDESIGN is assigned to yachts having crew accommodation and recreational facilities complying with the Maritime Labour Convention 2006 (MLC).

GREEN PLUS Notation (Eco-Friendly Yachts)

Issued in 2008 and updated yearly, the GREEN PLUS additional Class Notation has been revised in 2012 to cover new issues for seagoing ships and ships operated at a fixed location. The additional Class Notation GREEN PLUS is assigned to Eco-Friendly yachts compliant with the Society’s environmental protection framework of airborne gases, spillage/leakage of substances, oil, sewage, greywater, garbage disposal and noise mitigation systems to prevent pollution.

Safety Class Notation EFP (Bureau Veritas)

The following additional Class Notations are assigned to yachts complying with the requirements of this Section:

• EFP-A : for yachts having Enhanced Fire Safety Protection in accommodation spaces,
• EFP-M : for yachts having Enhanced Fire Safety Protection in machinery spaces,
• EFP-C : for yachts having Enhanced Fire Safety Protection in cargo areas,
• EFP-AMC : for yachts complying with all the requirements of this Section.

For more information on Class Notations on Yachts – Classification of Yachts , please feel free to contact Allied Yachting .

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Superyacht Owner Adventures and 112 (37.2m) Flagship M/Y Serenity

Posted March 1, 2018 in Charter by Janine St.Denis

The 122-foot (37.2m) Flagship motor yacht SERENITY is a true testament to her name. Built in 1993, but fully refitted in 2017, SERENITY offers guests a tranquil oasis from which to explore the natural wonders of the Pacific Northwest and Alaska. Eight guests are welcomed aboard for the ultimate luxury adventure — which is exactly what her owners wanted. SERENITY is their first yacht; they purchased her in 2016 and have been delighted by her ever since. Avid charterers, the owners of SERENITY were keen to explore the incredible waters from Seattle to South Alaska; for them, owning their own yacht was the next step.

They spend between six and eight weeks a year on board in the Pacific Northwest and Alaska. Previously named TALOS, the owners dubbed their yacht SERENITY because “that is how we feel when we’re aboard. She is the perfect yacht for this region,” her owners say. There are lots of enclosed spaces, like the flybridge — which can be alfresco — and the skylounge, that allow you to enjoy the sights regardless of conditions. The region in which the yacht cruises is unlike the traditional tropical yachting hot spots. Which is just how her owners like it. They’re often on board in Alaska. First thing in the morning, the owner will enjoy a run on the yacht’s treadmill, then the adventures begin. SERENITY’s 29-foot Alaskan-style fishing boat, the SERENE MACHINE, is fully outfitted for exploration. It is perfectly suited to be independent of the main yacht for the day and comfortably accommodates eight people. The SERENE MACHINE has a stand-up day head and is enclosed in order to protect from the weather. The SERENE MACHINE is perfect to take guests ashore for hikes, get up-close-and-personal with glaciers, cast a line and hope to reel in the big one, and cruise alongside pods of orcas and other incredible wildlife. “We’ve had it only one season,” the owners say, “and it opened up the utility of the yacht in ways you never imagined.”

One of the owners’ favorite aspects of the yacht is the on-deck master. “It’s a huge plus as opposed to being downstairs,” they say, but also mention, “The yacht has great spaces for gathering with everyone on board, but it also has places perfect for some quiet time to read a book or watch the scenery go by.”

SERENITY’s owners love Alaska and Puget Sound; this region is their favorite cruising destination. “The beauty and the wildlife are incomparable to anywhere we’ve ever been,” they say. “From the islands and changing nature of the landscape to seeing whales, otters, eagles and bears, to going fishing and crabbing, there’s so much to do — we love enjoying the many things that part of the country has to offer.” Another favorite cruising location for SERENITY’s owners is New England along the Penobscot Bay of Maine and farther north into Canada. They also enjoy The Bahamas, specifically the Exumas — they really love the fishing there. But they maintain that no matter where else they have cruised, Alaska is by far the most unique. “It’s constantly changing and always surprising you,” they maintain, adding, “There’s one spot in Red Bluff Bay where you can nose the yacht to a tidal waterfall then cruise a couple of hundred yards and spot a bear fishing in a meadow, then in a few more hundred yards, you drop the shrimp pods to catch dinner.”

SERENITY is the perfect yacht in the perfect location for her owners. They enjoy every moment aboard and they offer her for charter, allowing guests to relish the luxury and incredible location that go hand-in-hand with SERENITY. “She was on the charter market when we bought her,” the owners say. “We expected to be aboard between six and eight weeks a year in Alaska and with her already consistent charter following, it made sense for us to make her available to others in those incredible waters. The responses from clients who cruise in that area are always the same — they are blown away. Unless you’ve spent a lot of time up there, it’s unlike anything you’ve experienced before. We also get a lot of compliments on our incredible crew, but what guests talk about most are their experiences in the hidden bays in which they anchor, and the incredible opportunities SERENE MACHINE has opened up.”

Charter guests get to enjoy everything from fishing to wildlife spotting — “one group of charter guests were out on SERENE MACHINE when a pod of orcas came by,” the owners say. “One of the whales was swimming on its back under the boat, getting a belly scratch from the keel.” Another favorite memory for guests is cruising past glaciers and picking up a piece of floating ice for cocktails that evening.

The captain and crew of SERENITY further enhance the onboard experience. From the captain with a 20-year Navy career and lots of big-boat experience to the chef who creates incredible Alaskan feasts from the fresh fish caught by the guests that day, the crew up the ante aboard SERENITY, ensuring an enjoyable, five-star experience for all.

After all, yachting is all about having fun! “We love being on the water,” the owners of SERENITY say. And their yacht allows them total flexibility and total peacefulness. “We love to anchor out in a beautiful bay with nothing around us but nature.”

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Who is Ajay Thakore? San Diego Lamborghini Yacht owner threatens dock worker in viral video

A n Indian-origin California business owner Ajay Thakore recently made headlines when he reportedly threatened a dockyard worker at San Diego's Marriott Marina after the latter refused to let the former park his $4.5 million Lamborghini Yacht, as per Times Now News.

The video of the incident has now gone viral online. While the face of the man threatening the dock employee saying "I will kill you!" multiple times remains unclear in the footage, many media outlets, including the New York Post confirmed it was Ajay Thakore, who has previously been part of similar confrontations.

Apart from threatening to kill the dock worker, the man in the video also flashed at the latter, as the yacht moved away from the marina. In the wake of this incident, here's looking at who Ajay Thakore is.

Ajay Thakore also goes by the name Ace Rogers

According to Daily Mail, Ajay Thakore also goes by the name Ace Rogers and he is a wealthy businessman and philanthropist based in San Diego, California. He is the CEO of Doctor Multimedia, a local medical marketing agency, and Gopher Media LLC.

He has previously faced similar controversy in 2021 when he was accused of harassing the employees of a La Jolla pizza joint called American Pizza Manufacturing. Its founder Andrew Melone alleged back then that it all started with Thakore defaming the take-and-bake pizza establishment on social media.

However, things escalated when the Indian-origin business owner reportedly parked two of his cars directly in front of the eatery, blocking its entrance, with texts, "Take N Bake Pizza Sucks" glaring on top of it.

Melone also claimed that an airplane flew over the locality with the banner reading, "Just Say No to Take N Bake Pizza." Not only that but Ajay Thakore reportedly involved another pizzeria in the area Carino's, with planes displaying messages like "Carino's Pizza is Better than Take N Bake."

Additionally, Thakore and his companies filed a $10 million lawsuit against Andrew Melone and his public accusations, claiming that they were "exercising their First Amendment Rights" and protesting against discrimination. The owner of the pizzeria countersued, alleging Thakore had persistently harassed him and his company. The two civil lawsuits are still underway.

Exploring the recent controversy surrounding Ajay Thakore

On the afternoon of March 10, 2024, Ajay Thakore's multimillion-dollar Tecnomar for Lamborghini 63 yacht was not allowed to park in the Seaforth Boat Rental lot in San Diego's Marriott Marina. He was reportedly there to pick up an employee. The video of the incident has now gone viral.

It shows a man standing on the edge of the yacht threatening to "kill" the worker identified as Joseph Holt, as per CBS 8. Later, as the boat moved away from the dock, the former dropped his pants and made inappropriate gestures toward the 21-year-old employee. The harasser even threw $100 bills at the guy which fell into the water.

Holt told reporters that he "respectfully" told the driver not to park in the private space and was hoping to have a "conversation" with him about his "cool boat," when "it completely went the other way."

"I really didn't know how to process it. I really was trying to restrain myself from getting fired from my job or stepping out of line. The only thing I did was give him the bird," Holt stated.

The employee also mentioned how Thakore berated him for his minimum wage labor and called him a nobody who did nothing on a "silly job." The expensive boat owner allegedly threatened to have him fired using his "connections" and ruin his life.

The dock worker further continued,

"He had dropped his pants and started to make gestures to everybody watching and me. You can't act that way in public. It's just not okay. Especially threatening my life, at the very least. There were women and children there. That's the most important part."

In contrast, Ajay Thakore's public relations team told CBS 8 that the "interaction" was "regrettable."

"What started as a minor misunderstanding escalated into an argument, and I apologize for my actions and to those who witnessed the unfortunate exchange," the statement added.

Later, Ajay Thakore's employee Jason, whom the former was supposed to pick up during the fiasco, also issued a clarification via his boss' Instagram (@acerogersceo). He said that he was not allowed to get aboard, and was asked to "stand back" and even "forearmed" which is when Thakore allegedly "flipped" as he was protective of him, his fiancé, and his other employees, tagging it as a long-drawn misunderstanding.

In the caption of the post, it was Ajay Thakore who seemed to issue a statement:

"As a leader, I defend my own fiercely with everything I have, and I will never apologize for that. You can choose to believe that I just pulled up to the dock and started yelling, or you can realize that a lot happened before the cameras were rolling and that it takes two sides to escalate a situation."

Notably, in the aftermath of the incident, Port of San Diego Harbor Police were called in, who arrived 10 minutes after Ajay Thakore's boat left the marina. Joseph Holt told the news outlet that the officers didn't take his complaints seriously and were even laughing at him.

The department responded by telling CBS 8 that they were called in to deal with a "possible intoxicated vessel operator" who had departed the area before they got there and that they were unable to do anything with. The statement went on to say that a report had been made and that the police had spoken with the complainant and witnesses.