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The so-called 1% or “one percenters” who can afford luxury yachts and superyachts have been vilified by Occupy Wall Street along some politicians but US Congressman Allen West from Florida has recently written an article in Politico to defend the one percent who own superyachts or can afford yachts in general. In the article, Rep. West pointed out the following facts:

  • South Florida’s marine industry alone supports more than 200,000 workers.
  • Each superyacht built will require more than 1,000 workers to complete.
  • Ten percent of the purchase price for each yacht will go towards maintenance each and every year – work that is performed by mechanics, dock hands, cleaners and other service staff who are members of the so-called 99%.

The point? Rep. West does not want you to feel guilty about owning any type of luxury yacht or superyacht because you will be helping to employ hundreds of thousands of employees or thousands of small, often family owned businesses (that also happen to be located in his Florida congressional district….)

Moreover, Rep. West pointed out that soon Florida will have one of the best superyacht facilities in the world. Specifically, the Rybovich Superyacht Marina in Riviera Beach will have a 2,500-ton-capacity lift that will enable the facility to haul yachts to 90 meters or 300 feet and service ones up to 120 meters or 400 feet dockside – work that tends to be done overseas right now. Rybovich also estimates that their Riviera Beach superyacht marina project will cost $45.5 million and create 1,000 jobs on site plus generate $630 million for Palm Beach county with $111 million of that going to the town of Riviera Beach.

In other words, there is no need to feel guilty about owning a having a superyacht or luxury yacht of any kind – especially if your boat is also a green eco-friendly one!

Despite the fact that the number of megayachts worldwide has more than doubled over the last decade, there remains a global shortage of berths for yachts that are 100 feet (30 meters) or more in length. This lack of “parking space” for luxury megayachts was on full display last summer after a Saudi prince docked his 265 foot (81 meter yacht in the last available slip at Millionaire’s Quay in Cap d’Antibes and forced Russian billionaire Roman Abramovich to keep his 533 foot (162 meter) $1.2 billion Eclipse offshore. This begs the question: Why have a megayacht at all if you won’t be able to conveniently moor it at a marina?

However and as Carol M. Bareuther recently noted in Yacht Essentials, the big international marina players are beginning to address this situation. Just some of the important megayacht marina trends mentioned by Carol included the following:

  • Megayacht Marina Location. Megayacht marinas are being built all over the world where calm waters can be found. And while this may seem like common sense, Carol quoted a Marina operator as saying that customers have told him they simply will not dock at certain marinas in order to avoid rocking all night at the dock. Moreover, megayachts need enough room to manoeuvre and hence, megayacht marinas need to have (at a minimum) 1.5 times maximum LOA fairways.

  • Megayacht Marina Design. Carol commented that important megayacht marina design trends include increased utilization of floating dock components and the provision of adequate and variable power as the power requirements of yachts can vary considerably. Other megayacht marina design trends include fast and efficient in-slip fuelling plus having a dock wide enough so that vehicles can be driven right up to the boat for ease of provisioning and passenger access.
  • Megayacht Marina Facilities & Amenities. Onshore facilities for megayacht crews are now an important consideration along with access to local accommodations and good restaurants plus access to ample parking facilities for both guests and for provisioning purposes. Carol also noted that security is increasing a consideration but the trick is to create a megayacht marina facility that still allows for easy customer and guest access without the look and feel of a prison.
  • Megayacht Marina Technology. Finally, technology is an increasingly an important megayacht marina design consideration. For example: Given that a megayacht can easily have a crew of 20+, megayacht marinas must have adequate wireless Internet bandwidth to ensure that they can handle every crew member (plus passengers) jumping on Skype at the same time. However, Carol also noted that marinas typically have difficulty providing both high speed and uninterrupted Wi-Fi thanks to high levels of interference plus the overuse of existing frequencies but WiMAX 4G does offer a solution to these problems.

Carol ended her article by predicting that green technology which addresses energy efficiency, waste reduction, the use of local or regional products/materials and better environmental stewardship will increasingly play important roles in the construction and operation of megayacht marinas.

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It’s becoming less and less popular to have big luxury motor yachts. They look increasingly self-indulgent, environmentally unfriendly and out of sync with the times we live in.

On the other hand, sailing boats are in. They’re greener and they seem more romantic than plutocratic. But they’re not comfortable.

This is why catamarans are becoming so fashionable. They combine the space and comfort of a motor yacht with the authenticity of a sailing boat.

A 50ft+ catamaran is extremely stable and it can do 20 knots in a good wind or 10-11 knots running on engine power using 10-12 litres of fuel an hour (compared with 60 litres or more per hour in a motor yacht). This means you can sail 240 nautical miles in a day or more; a good range. Even if a high sea they’re comfortable. You can put glasses on the table, even in strong force 5 or 6 breeze.

We’re already seeing a lot of announcements in this area but I think we have a unique and compelling story.

Green is good but it’s not enough. Owners are looking for automation, comfort, safety and enjoyment. At Greenboats, we’re pioneering the kind of technology that will turn a regular catamaran into an environmentally-sensitive, technology-enhanced luxury yacht.

Boating apps, as with iPhone and smartphone apps in general, have proliferated over the past few years. In fact, Mad Mariner recently profiled twenty different boating apps while Boating Magazine mentioned another 24 that can perform just about any task you want just short of taking control of your boat.

However, it’s also important to remember that some boating apps that provide weather information or navigational charts are not designed to be universal and hence are useless to sailors and boaters in other parts of the world where they were not designed to be used.

Hence, here is a closer look at a few boating apps that can pass both the universal and usefulness tests:

  • BoatingSuite ($4.99). Boating Suite is not just an app, its six apps in one. Specifically, Boating Suite is designed to help boaters manage all aspects of their boating activities. Hence, it includes an expense log, fuel log, log book, maintenance log, shopping list, to do list plus several customizable reports.
  • Clinometer ($0.99). Clinometer is a slope measurement tool. Hence, this app can also tell you whether or not you are listing and what your bow rise is.
  • Anchor Alarm ($7.99). Anchor Alarm will help you set and monitor your position. More importantly, it will let you know when your hook is dragging.
  • WindGuru (Free). WindGuru provides coverage of current wind strength and direction in more than 3,000 spots around the world. Perfect for sailors and surfers alike.
  • Sun n Moon ($0.99). Sun n Moon will give you sun and moon rising and setting times plus the moon phases – no matter where in the world you are located. Sun n Moon also includes an extra compass feature.
  • Sail Trac ($6.99 / Free). Sail Trac is the ultimate social networking app for sailors and boaters. Specifically, Sail Trac allows you to share your sailing, racing, or cruising boat adventures and voyages with your friends and family – no matter where in the world you or they are.

However, it’s important to remember that even the best boating apps will still require a charged up iPhone or Smartphone in order to work. In other words, don’t plan on throwing out your paper charts, paper logbooks and sextant just yet!

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If you have ever thought about living aboard your boat, then a recent article from Cruising World listing the top 10 best reasons to live a aboard a boat and another post on the Boating Blog listing the pros and cons of living aboard a boat are must reads. To begin with, Cruising World’s top ten reasons for living aboard a boat included:

  1. Cost of living
  2. Living simply
  3. Less clutter
  4. More self-reliant
  5. Living green
  6. Sunrises and sunsets
  7. Wildlife
  8. Adventure in every day
  9. Freedom
  10. Being able to travel…in our home

And while these are all valid and somewhat idealistic reasons for living aboard your boat, the Boating Blog’s post offered a quick reality check by focusing on three key considerations:

  1. Living aboard the right vessel. According to the Boating Blog, you will need to a boat that has enough space and comforts to make living on the water as comfortable as living on the land. And while a small boat is a cheaper boat, a small boat is also a SMALL BOAT – especially once you have lived aboard one for a few months. Hence, it will be a good idea to talk to people at your marina who are already living on-board their boats to find out what the pitfalls and rewards will be.
  2. Having an understanding of the true costs. The Boating Blog also mentioned that living aboard a boat can be much less expensive than living on land in a house or condo. However, you will also need to be conservative when estimating your monthly or annual maintenance costs, marina fees, applicable taxes, insurance costs and even the cost of eating out more often than you do now. In other words, an honest and complete assessment of the costs involved can make the difference between the life of your dreams aboard your boat and a short-lived fairy-tale.
  3. Having a willingness to scale down. Finally, the Boating Blog pointed out that most people who have lived on land for a good 30 or 40 years has probably accumulated plenty of “stuff” or clutter over time. This means you will have a choice between putting all of that stuff into storage or just downsizing completely. Hence, the Boating Blog suggested the 10% rule: If you live in a 3,000 square feet house on land, you will probably need to scale down to 300 feet to be able to realistically live on a boat.

In other words, living on board a boat can be an extremely rewarding lifestyle as outlined by Cruising World but it takes considerable planning and thought to make it a worthwhile and long-term endeavour.

With our new boat, we’re trying to combine all the good things about a sailing boat with all the good things of a motorboat.

What if we could make a catamaran motor boat? A 58’ Azimuth costs 1.5m Euros and only gives you three berths. Our boat will have four or five cabins for just 1m Euros, it’ll do 20 knots. It’ll be silent when you travel. There will be a lot more automation and it’ll be easier to use. That’s the vision.

First green boat is 54’. Next year, we will add a 48’ version for around 0.5m Euros. Then there will be an 74’ which will be a very fast comfortable huge yacht for the most demanding owners.

Why hasn’t anyone done this before? I don’t know. One reason: we bring a lot of things together and that creates a new kind of boat. There are a lot of things you need to do. It’s not easy.

Instead of building a boat from scratch – a mould for a hull alone is a few million – we work with Nautitech in France that already produce a line of catamarans. Our first boat is launched and it has been demonstrated at Cannes boat show. We are adding lots of comfort systems, IT systems and internet system. It’s going to have more green technology – new batteries and solar panels.

A lot of the problems we need to resolve are like the ones my other companies deal with in data centres. We provide visibility, monitoring and remote access. As a result we can make things much lighter. For example, sometimes people drag 1500 litres of water with them on their boats but that’s still only enough for a few days. We only carry 100 litres but we constantly produce more. That takes reliable water generators but it makes a difference to range and performance (you don’t need to carry 1.5 tonnes of water around).

All boats are a compromise. The fast, spacious, light, stable, comfortable, luxurious, high-performance, cheap boat doesn’t exist. You have to make trade-offs.

But some boats force you to make more compromises than others.

  • Price. Light boats go fast but cost more than heavier, slower boats.
  • Space. Smaller hulls have go faster but have less living space.
  • Safety. A fly bridge is comfortable but detracts from safety and performance.
  • Automation. Out-dated technology may be ‘tried and tested’ but it isn’t always reliable.
  • Technology. Owners expect internet connectivity, automatic self-test of systems, multimedia in every cabin and integrated control systems. Most boats don’t deliver this.
  • Green. A sailing boat should be green but most are not.

You can express these trade-offs on a graph and compare the market.

Typical 55-foot charter catamaran

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Catamaran optimised for long-range sailing

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Fast, super-light sport catamaran

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Greencat

Our Greencat, based on the Nautitech 54, represents a different set of choices. It focuses on green, automation, safety and reliability without compromising performance or space and comfort.

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See: http://www.greenboats.com/Comparison for more information.

I own 11 boats and they’re all disappointing in one way or another. This is why I’m building my own, taking a Nautitech 54 catamaran for space and performance and adding some unique features designed to address the shortcomings of existing boats and my wish list of desirable features.

 

 

What I want

  • Comfort. I should feel at home on my yacht.
  • Space. Plenty of space for friends, family and crew.
  • Good range. Why set sail if you can’t go somewhere interesting?

What I do NOT want

  • Excessive fuel consumption. It’s not green and it’s not good for range.
  • Noise. I hate noisy engines and air conditioning.
  • Unreliable systems that stop me using the boat when I want.
  • Super-high costs. Keep maintenance and fuel bills as low as possible.
  • Seaworthiness. I want a boat that can cope well with heavy weather.

I’ve spent years as an entrepreneur in the high-tech sector and I’ve seen huge improvements in reliability, performance and massive cost reductions. I want to start applying some of those lessons to the boat-ownership experience.

There’s an old joke that says you only have two good moments with a boat – when you buy it and when you sell it. (British Prime Minister Edward Heath added that you can simulate boat ownership by standing in a cold shower tearing up ten pound notes.)

A new boat quickly develops faults and then it becomes expensive. You can’t sail because you’re waiting for repairs. Then you decide to hire a captain to take care of all the details and that adds to the cost and complexity. So you think that the next boat will be better but you can’t sell the one you have. It’s a recipe for pain.

At Greenboats we think there should be a better alternative. When you buy a boat you have a dream about comfort, performance and having a good time. We want to make that dream real. Our philosophy is that technology and innovation can create a better ownership experience.

This blog is about how Greenboats is turning that philosophy into reality.

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