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Us flagged vessel, health insurance costs per crew, uniform cost per crew, training cost per crew, food cost per crew, crew turnover, hires using a professional crew agency.

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Costs of food provisions will vary dependent upon how eloborate food Preferenaces are

Location will play huge factor in food provisons and thing may have to be folws into remorte locations.

Crew is one of the largest expenses on a superyacht and critical to the owner’s enjoyment of their vessel. As the largest crew agency in the world, we know crew. Our cost calculator contains customized crew lists for yachts ranging from 80ft to 600ft with salary information based on our reference verified salary data.

Our users also have the ability to completely tailor the crew list to the specific needs, schedule and requirements of their vessel. Each yacht is unique and may have specific owner requests in addition to the yacht’s safe manning requirements.

Management of the supplemental crew costs and strategic budgeting can help avoid significant overspend on categories such as food and uniform. This tool contains default values based on our industry expertise and recommended budget for an efficiently and safely run superyacht.

To learn more about each crew position in detail, including salary ranges, please visit our yacht department directory .

Drag the sliders to modify your results. These are not linear scales and we expect most yachts to operate within the 20-80% window. Above 80% and below 20% costs increase or decrease at exaggerated levels and we only see numbers in these levels in very rare circumstances.

This sunburst diagram is interactive. You can click into each block to see the expense break down and mouse over each block for more details.

Our chart of accounts displays seven major categories, 20 sub-categories plus a further 80 detail categories for a total of 107.

Our yacht operating cost calculator is now on it’s third major revision. We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.

Our operating cost calculator is tuned for yachts from 80 to 600 feet. We find operating variables create the largest variances for yachts smaller than 100 feet and larger than 250 feet. We have tested the numbers the most in the range from 100 to 250 feet.

Our budget calculator factors in the fuel burn for a range of engine sizes typically seen installed on yachts by length. By dragging the green “fuel dockage” slider to the right you will increase the projected fuel burn rate and therefore the budget cost for fuel. Our default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.

Our default values produce a budget number that we believe is generous to run a yacht to a high standard. Perfect is a very expensive word to use in the yachting industry where standards are already high. Moving the crew and maintenance sliders to 80% will provide an “industry best” quality of crew and give them the maintenance budget to operate to a very high standard. If you need to go over the 80% area then you may have unusually labor intensive equipment on the yacht.

Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel movement but leave the essential base maintenance and insurance in place.

Lift on and float in yacht transport is a popular way to transport yachts across large ocean passage. The yachts that this service certainly applies to are ones that may not have the motoring range or structural integrity for blue ocean cruising. The cost of transporting a yacht twice per year is put into our budget once the “Fuel Dockage” slider hits 75%. If your yacht has the range we recommend self-sufficient ocean passages whenever possible. Whilst the transport companies sell their services based upon reportedly well oiled operated schedules the reality is that your yacht may stay waiting for pickup for a week or more with no compensation due. When factoring in all secondary factors of self-sufficient passages (increased fuel, maintenance, potential storm damage, crew time off, extra delivery crew) compared with transporting your yacht (insurance, potential loading / unloading damage, loss of schedule control, no work whilst underway, crew flights, crew accommodation) we believe that there is a 100% premium associated with float in transport and a 75% premium with lift on transport compared with self-powered.

Abandoned yachts crash in value. We recommend that even if you are trying to sell your yacht that you use the yacht for a minimum of two weeks per year so that systems are tested and working every six months. There is nothing worse for a yacht than not being used. If you truly are not going to use the yacht then you should sell it immediately for the first genuine offer as every dollar you put into maintenance will not be recovered at the time of the sale.

We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way. Similarly crew numbers don’t scale in the same manner that they do for motor yachts. If there is sufficient demand we may build a sailing selector switch into a future version of this tool.

We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. This over used saying is sadly right occasionally (particularly for newer yachts in the $20-30M range)… but just because a broken watch tells the right time twice a day you shouldn’t rely upon it to tell the time. As yachts get older their capital value decreases but their maintenance costs increase. There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker… we know some good ones. 😊

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Amazing 80m mega yacht TATIANA: An in-depth look at Bilgin’s Flagship

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Written by Rachael Steele

Luxury yacht TATIANA was launched by Turkish shipyard Bilgin Yachts in February 2020, and at 80m/263ft it is the largest build from the shipyard to date. As the second Bilgin 263 model is sold and the third enters construction, it’s now possible to see the recently released imagery for TATIANA with reveals what has made this luxury yacht an instant success on the market even in such a tumultuous year.

80m Mega Yacht TATIANA by Bilgin Yachts

80m Mega Yacht TATIANA by Bilgin Yachts

The naval architecture and exterior styling both come from Unique Yacht Design, while H2 Yacht Design created her appealing interiors. The steel hull and aluminium superstructure have a masculine appearance created by sharp lines and a more traditional colour scheme of dark and light grey, most often associated with military vessels. With the increase in on board space comes a tendency to create a broad and bulky hull, however by elongating the deck areas M/Y TATIANA keeps a sleek and stylish profile that maximises space utilisation, particularly when adding swimming pools to the decks.

80m superyacht TATIANA by Bilgin Yachts

80m superyacht TATIANA by Bilgin Yachts

Outdoor living is prized, allowing the Owner and guests to savour every moment cruising in such destinations as the Mediterranean charter grounds, taking in the beauty of the Turkish Riviera and the Dalmatian Coast before cruising on to the heart of the summer social scene along the French Riviera .

Superyacht TATIANA is designed with large dockside gatherings in mind: Guests will disembark onto the large swim platform and enter the magnificent beach club within. The tenders and water toys are instead stored in the bow section beneath a flush foredeck cover, ensuring that space can still be used for such functions as exercise and sunbathing.

Beach Club

The spectacular beach club by night

The main deck aft, meanwhile, hosts a desirable swimming pool of 8.5m/27.9ft in length and a depth of 1.4m/4.6ft – perfect for cooling off on hot summer days or exercising after dark when the water toys are safely stowed away. Although there are sunbeds running the length of both sides of the pool, the group might also like to rest and dry off on the sofa/sunbeds farther forward in the alfresco lounge area. Here, there is quick access to the bar where the talented crew can create a range of colourful cocktails and non-alcoholic beverages to suit all ages and occasions.

Main deck pool

Main deck pool

Pool on the main deck

Pool on the main deck

The upper deck aft is the main alfresco dining area and offers an extensive dining table with a bar to port and aft-facing seating behind to enjoy an aperitif or a nightcap while watching the blazing sunset. Canvas shades are available to keep off the midday sun and light sea spray.

The Owner’s deck is divided into fore and aft sections that also have optional canvas shades. The aft section is dedicated to lounging and sunbathing, with a plush sunbed along the stern and close to the glass sliding doors to the interior a sofa on both sides with a coffee table in between. The forward deck area is fitted with a sofa/sunbed on both sides and a forward Jacuzzi that will be coveted place to unwind while having uninterrupted views of the stunning Ionian Islands white cliffs, the regattas at Porto Cervo in Sardinia and the amazing cities of the Cote d’Azur .

Owner's Deck Aft Sitting Area

Owner’s Deck Aft Sitting Area

Large windows and private terraces connect the interior and exterior spaces: At night, the warm glow of the lighting across the decks makes her as much of a show-stopper as a welcome home on the water during an extensive cruise. It is this lighting which draws guests into the understated elegance of the contemporary interiors by H2 Yacht Design, and the beach club is likely to be one of the first spaces guests and visitors enter by. The light and spacious interior are achieved using Macassar veneer and light eucalyptus. The top-quality marble is back-lit to bring out its details, further complemented by carved stone and emphasised textures.

Beach Club interior

Beach Club interior

A swimming pool runs through the centre of the aft beach club section, further illuminated by glass panels in the swimming pool on the main deck above. Farther forward, the beach club opens up to reveal a bar, plush lounges with top-quality TV entertainment and audio systems, a hammam and a spa massage room. Fold-down terraces further extend the space for sunbathing and lounging while simultaneously opening the interior up to the sunshine and fresh sea air.

Elsewhere on board there is an ambient cinema that has dark textures walls and two rows of matching silvery sofas. A coffee table also presents the possibility of using this space as another quiet lounge for close conversation.

Gym

The fully-equipped gym has a running machine, rowing machine and a range of free weights amongst its workout choices, and a widescreen TV will provide entertainment and motivation in the calm, bright white surroundings.

The main deck salon uses pale cream tones, slate blue and silvery mirror surfaces to create an ambience associated with the open sky. This is reflected in the colour scheme and subject matter of the surrounding artwork, adding to the serenity when dining beneath the sensational custom chandelier, or planning for the day ahead on the sumptuous sofas or armchairs. A widescreen TV separates the dining and lounging areas, and it can be viewed from both sides so that the group never misses a moment of the latest news and sports.

Main Deck Saloon with elegant decor

Main Deck Saloon with elegant decor

The skylounge is a dream-like sports lounge with an eye-catching back-lit bar, a pool table, grand piano and armchairs scattered throughout two semi-circular sofas and coffee tables create a cosy place to relax and watch live-action or a film on the widescreen TV, with the mirrored ceiling and matching walls creating an intimate environment after sundown.

Upper Deck Skylounge

Upper Deck Skylounge

The guest accommodation is just as beautiful and pristine in colour choice and furnishings. There are 8 en-suite cabins spread across the decks to sleep up to 14 guests: 1 Master suite, 3 VIP staterooms and 4 further guest cabins comprised of doubles and twins.

Owner Deck- Master Suite

Owner Deck- Master Suite

The Master suite is placed on the Owner’s deck and has its own private office as well as a massive stately bedroom in white, grey, dark teal and gold. The king-sized bed takes centre stage, however, there is also a day bed for reading and unwinding beside the window, a massive widescreen TV integrated into the port and starboard walls, a seating area with table for casual meals and drinks, all with fantastic views out onto the aft terrace. The en-suite bathroom has everything the occupants could desire, with twin sinks, a bathtub and shower within the well-proportioned interior.

Main Deck VIP Guest Cabin

Main Deck VIP Guest Cabin

All three VIP staterooms are situated on the main deck and have queen-sized beds within each voluminous room. The windows are almost full-height, granting the occupants excellent views and natural lighting while maintaining privacy within. A widescreen TV is placed in the wall opposite the bed, and the storage is integrated seamlessly into the surroundings. The en-suite bathroom is finished in marble and has twin sinks and bathtub with shower.

Lower Deck Guest Twin Cabin

Lower Deck Guest Twin Cabin

The remaining guest cabins on the lower deck enjoy an abundance of space as well as cutting edge amenities and en-suite facilities, making these bedrooms just as much of a tranquil haven after a busy day.

The crew of 23 are accommodated on the lower deck, and their areas have received just as much attention to detail. There is a crew mess for meals and downtime, and the team of professional chefs have plenty of space in the cutting-edge galley to prepare stunning creations for everyday meals or to mark a special celebration.

Exterior of motor yacht TATIANA

Exterior of motor yacht TATIANA

The engineering is just as impressive with a pair of engines and a generator producing a top speed of 19 knots, a cruising speed of 12 knots and an extensive range of more than 6,000 nautical miles. The fuel capacity draws on 155,000 litres and has an economical fuel consumption of approximately 250 litres per hour.

Luxury yacht TATIANA is built to IMO Tier III certification and at the time of writing is the cleanest yacht in her class: The special exhaust system aboard M/Y TATIANA produces 100% clean air emissions that further enhances her eco-friendly credentials for a greener future for travel.

Bilgin Yachts is also currently building a 50m/164ft and 74m/242.8ft luxury yacht both due for launch in 2022, plus a new 85m/278.9ft superyacht due for launch in 2023 when she will become the new flagship for the yard.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "Amazing 80m mega yacht TATIANA: An in-depth look at Bilgin's Flagship".

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80m yacht cost

Asking Price

€185,000,000

Inspired by Nature

With the first hull set for delivery in 2025, the Amels 80 is the latest – and largest - model to join the Amels Limited Editions line up. Just 20 metres longer than the Amels 60 but with nearly 3 times the volume, her impressive list of amenities includes a sprawling, 200-square-metre sun deck, a large pool and two Jacuzzis, an expansive beach club with openings on three sides, a wellness spa and seven luxurious cabins, including a dedicated owner’s deck. With exterior design from Espen Øino and a brand-new displacement hull and engineering package from Amels, this latest incarceration of the limited editions range is built using some of the most sustainable materials and innovative hybrid technology on the market, making her a true gamechanger.

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Amels 80 Hull #05 Through the Lens

80m yacht cost

Iconic Amels Design

80m yacht cost

Sprawling Sun Space

A vast 200-square metre space with Jacuzzi, sunpads, dining area and bar, the Amels 80 Hull #05 sun deck is the ultimate place to soak up the sun. Forward sliding doors offer protection from the elements, making this a fabulous entertaining space whatever the weather, while well-thought-out features such as a dumb waiter and discreet crew stairs to the pantry ensure spectacular service around the clock.

Water-Level Living

The magnificent beach club opens on three sides through the transom door and balconies to port and starboard. With a beach lounge filled with light through the pool above, as well as a wellness spa with massage room, gym, sauna and steam room, this is the ultimate way to enjoy life on the water.

80m yacht cost

Toy Storage

A touch-and-go helipad on the foredeck and a huge tender garage that holds an 11.5m and 8.5m tender makes sure that whatever the destination, you’ll be able to explore it to the full.

On Deck Pool

A 6.5m glass-bottomed pool is the venue for endless swimming, or simply cooling off from the sun. With counter current jets and heated to the perfect temperature using the yacht’s innovative heat recovery system, this is the ultimate place to enjoy being in the water, on the water.

80m yacht cost

Spa Deck to Sun Deck Elevator

A spectacular guest elevator connects all 5 decks seamlessly, from the lower deck wellness spa all the way to the sun deck.

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Accommodation

At Sea Retreat

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Owner's Deck

A private retreat at sea, the Owner’s deck comprises 517-square-metres of utter privacy and luxury. Inside, the forward-facing stateroom enjoys views forward through 180° windows, and is complemented by an office, owner’s lounge and his and hers bathrooms with floor to ceiling windows. Outside, a huge bow observation deck with private Jacuzzi, and sheltered aft dining area complete the set up.

Cabin Arrangement

80m yacht cost

Dedicated Owners Deck

With office, lounge and his and hers bathroom, and also featuring a bow observation deck.

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Main Deck VIP suites

Two forward VIPs with separate dressing and bathrooms can be combined to create a VIP apartment with lounge and his and hers bathrooms.

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Four Main Deck Guest Cabins

Four convertible double/twins with ensuite bathrooms and floor to ceiling windows.

80m yacht cost

Performance

Designed for Our Environment

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Futureproofed Technology

The Amels 80 Hull #05 features groundbreaking hybrid by Amels diesel electric propulsion, with state-of-the-art heat recovery systems and an optional electric tender fast charging station, ensuring she’s as sustainable as she is beautiful.

Eco-Friendly Build

The Amels 80 Hull #05 is built with sustainability and efficiency in mind, with extra insulation to reduce hotel load, energy saving lighting throughout and filtered water taps to reduce reliance on plastic bottles. Owners also have the option to choose from state-of-the-art teak alternatives for the deck spaces should they desire.

80m yacht cost

Quiet and Comfortable

The Amels 80 Hull #05 features a full displacement hull and stabilizer fins for maximum comfort, while floating floors, damping and insulation, as well as electric bow thrusters ensure quiet cruising.

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80m yacht cost

Motor Yacht

Tatiana is a semi-custom motor yacht launched in 2020 by Bilgin Yachts, in Turkey.

Tatiana measures 80.00 feet in length, with a max draft of 3.5 feet and a beam of 12.20 feet.

Tatiana has a steel hull with an aluminium superstructure.

Her interior design is by H2 Yacht Design.

Tatiana also features naval architecture by Unique Yacht Design.

Tatiana is a semi-custom Bilgin 263 model.

Performance and Capabilities

Tatiana has a top speed of 19.00 knots and a cruising speed of 15.00 knots. She is powered by d2842 le410 diesel engines.

Tatiana has a fuel capacity of 155,000 litres, and a water capacity of 47,913 litres.

She also has a range of 5,000 nautical miles.

Accommodation

Tatiana accommodates up to 12 guests in 8 cabins. She also houses room for up to 20 crew members.

She is also fitted with a jacuzzi (on deck) and helicopter landing pad.

  • Yacht Builder Bilgin Yachts No profile available
  • Naval Architect Unique Yacht Design No profile available
  • Exterior Designer Unique Yacht Design No profile available
  • Interior Designer H2 Yacht Design View profile

Yacht Specs

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80m yacht cost

LEONA is a 80.0 m Motor Yacht, built in Turkey by Bilgin and delivered in 2023. She is one of 3 263 models.

Her top speed is 19.0 kn, her cruising speed is 15.0 kn, and she boasts a maximum cruising range of 6000.0 nm at 11.0 kn, with power coming from two MTU diesel engines. She can accommodate up to 16 guests in 8 staterooms, with 24 crew members. She has a gross tonnage of 1680.0 GT and a 12.2 m beam.

She was designed by Unique Yacht Design , who also completed the naval architecture. Unique Yacht Design has designed 9 yachts and created the naval architecture for 12 yachts for yachts above 24 metres.

Her interior was designed by H2 Yacht Design , who has 51 other superyacht interiors designed in the BOAT Pro database - she is built with a Teak deck, a Steel hull, and Aluminium superstructure.

LEONA is in the top 5% by LOA in the world. She is one of 66 motor yachts in the 80-90m size range, and, compared to similarly sized motor yachts, her cruising speed is 0.06 kn above the average, and her top speed 0.64 kn above the average.

LEONA is currently sailing under the Cayman Islands flag, the 2nd most popular flag state for superyachts with a total of 1414 yachts registered. She is known to be an active superyacht and has most recently been spotted cruising near Turkey. For more information regarding LEONA's movements, find out more about BOATPro AIS .

Specifications

  • Name: LEONA
  • Yacht Type: Motor Yacht
  • Yacht Subtype: Displacement
  • Builder: Bilgin
  • Naval Architect: Unique Yacht Design
  • Exterior Designer: Unique Yacht Design
  • Interior Designer: H2 Yacht Design

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The cost to charter a luxury yacht is not always clear, especially if you are renting a vessel for the first time. Freedom, privacy, intimacy, service, comfort, exclusive experiences… No doubt, holidays during a cruise sounds like THE ultimate luxury vacation.

So, how much does it really cost to charter a luxury yacht?

What is included in a luxury yacht rental price?

The base price of a yacht charter given is usually the weekly rate . It accounts for 60% to 80% of the final price and refers to the cost of the yacht itself, its insurance, all its equipment and toys, the crew salary and services during the whole charter duration.

Most often, the more spacious, luxurious, prestigious the yacht is, the higher the price. Yet, several other factors can significantly impact yacht charter costs.

Do you already have the base price of the yacht you are considering chartering? Try our calculator below to know the TOTAL cost of your yacht charter depending on the parameters of your charter. Or continue reading to have a clearer view on the cost of a luxury yacht charter.

80m yacht cost

Factors influencing the cost of a yacht charter

Size and type of yachts influences (a lot) charter costs.

The size of a yacht is the key factor impacting the price:

  • Between 65ft (20m) and 80ft (24m) , expect a weekly charter rate of $20,000 to $80,000.
  • Between 80ft (24m) and 100ft (30m) , expect a weekly charter rate of $80,000 and $120,000.
  • For a superyacht over 100ft (30m), expect a weekly charter rate of $100,000 and above.
  • To rent a mega yacht over 200ft (60m), weekly charter rate goes from $300,000 to $1,000,000 and more. For example, with her 136 meters length, Megayacht Flying Fox charter weekly rate  is from €3,500,000, and she can host up to 36 guests with 54 crew members.

Other factors influencing the charter rate are the type of yacht: is it a motor yacht, a sailing multihull, a power catamaran ?

The year of build, the shipyard (for instance Lurssen, Sunreef or Vitters that have quite a reputation), the water toys available onboard, or the number of crew included can have a big impact on the luxury yacht charter final cost.

The season factor influences the luxury yacht charter cost

As in many other touristic services, yacht rental prices also vary with seasonality. They generally increase in the high season months – summer season in the Mediterranean (July and August) or winter in the Caribbean (Christmas, New Year, February) – and decrease during the low season months.

The yacht charter rates may also increase when popular events are taking place (carnival, shows, festivals, etc.) 

80m yacht cost

Are destinations affecting yacht charter fees?

A yacht charter price depends as well on the destination and is subject to the law of supply and demand.

The Galapagos Archipelago is one of the most explicit examples. The yacht charters fleet is very limited there; therefore, prices are higher than more popular destinations.

On the other hand, in regions offering large crewed yacht charter fleet like the Mediterranean, luxury yacht charter costs are more attractive due to higher competition.

To know more about this subject, read our articles about common yacht charter costs in the Caribbean , in Mediterranean as well as Polynesian destinations.

What is NOT included in a Crewed yacht charter price ?

The apa amount needs to be added on top of the yacht charter cost.

The yacht charter base price just generally covers the rental of the vessel with her crew. This is where the APA comes in.

The role of the APA

The A dvance P rovisioning A llowance is here to to pay for provisions on board, special customers’ requests, fuel and other variable costs. The APA is a standard system, like an onboard box, managed on your behalf by the Captain. Your crew uses this money to buy any product of your choice, or pay for taxis, port fees, communication fees and other expenses that are hard to plan for.

How does the APA work? 

All the APA expenses are charged at cost. This is a transparent budget management, and all the receipts are available upon request. The Captain can present a detailed breakdown of all the expenses during the crew or after. On the last day of your charter, the remaining unused funds of the APA are reimbursed in full to the clients. 

APA is an important part of the total cost of your charter. It usually represents between 20% to 30% of the yacht charter base price. Since APA is payable in advance, at the time of booking, it is just an estimation. One basic rule: If you’re uncertain, estimate your APA on the high side. Better be safe than sorry!

Read also: Advance Provisioning Allowance (APA) – What you should know before you charter a luxury yacht?

Taxes and VAT also need to be applied on yacht charter cost

In Europe, chartering a commercial vessel is an economic activity and is subject to VAT. In general, the boat must be imported under commercial registration into the EU. The VAT rate will be added on top of the charter fee. It is due in the EU country where the charter starts. There are some exceptions to the rule, so make sure to discuss this with your consultant while making your choice to make sure you can anticipate the true cost of VAT.

Here are some VAT rates in 2022 for a crewed yacht charter in Mediterranean: – Charter in France will be at 20 % VAT based on charter fee – Charter in Italy will charge 22 % VAT based on charter fee – Charter in Spain will charge 21 % VAT based on charter fee – Charter in Croatia will charge 13 % VAT based on charter fee – Charter in Greece will charge 24 % VAT based on charter fee with a discount of 60% on charter of more than 48h ending usually at 12% VAT, this is subject to change in 2022. Charters beginning in non-european countries but cruising or ending in a EU country will apply a VAT on the prorata of days spent in its territorial waters. The owning company of the yacht must be registered in each EU-country he intends to do a charter. Moreover, some countries charge charter licences to authorize Yachts to embark and disembark passengers during a cruise, which might add up to the total cost.

A few examples to illustrate the yacht charter VAT costs complexity 

  • A yacht doing charter in Greece must have a charter licence . Nevertheless, a yacht without Greek licence can cruise in Greek waters as long as the charter does not begin and end in a Greek port. 
  • To do a charter in Spain, a vessel must be EU-flagged and hold a Spanish charter licence. Non EU-flagged yachts can only cruise in Balearic islands and Barcelona, then the VAT cost on the charter rate will be 24%. 

Some countries also charge taxes that will influence your charter rate. – 18% taxes based on charter fee for cruise in Turkey – 4% taxes for charter taking place in the Bahamas – 10% taxes for charter taking place in Australia The work of your broker includes working with fiscal representatives to give you the correct cost of the VAT of your luxury yacht charter.

80m yacht cost

Delivery/redelivery fees may be added to your charter cost

Asking to embark and disembark in different ports during a crewed yacht charter is possible and subject to confirmation. In this case, delivery and/or re-delivery fees will be charged to bring the yacht back to its original berth. These fees will be confirmed once all the ports are chosen, and fuel consumption to move the vessel is calculated.

Crew gratuity to consider in your yacht charter expenses

Remember that during a boat rental your crew is almost 24/7 at your service to deliver the best possible experience. To thank them for their service, it is customary to leave them a tip at the end of your charter. 

Tipping rules on a yacht charter depend on the destination.

In the Mediterranean you can tip 10-15% of your weekly charter fee excluding expenses and taxes, while in the Caribbean a 15-20% tip is more common. 

You can hand your tip in cash to your captain in an envelope the last day of your charter. It will be up to the captain to split the tip to the different crew members. In fact, while you may want to give a more generous tip to whom you have seen the most, remember the crew works as a team and it’s important to reward them as such.

The engine engineer stuck in the engine room, the deckhands who prepare the water toys for you, the stewardesses refreshing your cocktails etc. are all the little hands that will make your vacation the best ever.

Yacht Charter Price – The “ALL-INCLUSIVE” option

A crewed yacht rental price can be “charter fee plus expenses” or “charter fee, all inclusive”.

Indeed, certain types of charters in the Caribbean offer an “all-inclusive” rate, which basically gives clients a fixed price charter with all expenses established prior to departure.

What is an ALL-INCLUSIVE yacht charter ? The charter cost includes the rental of the boat itself with her insurance, equipment, water toys and crew as well as food, waters and soft drinks, snacks, fuel for engine and tender for cruising up to 4 hours/day.

What are the extra costs in an “all inclusive yacht charter rate” ? On top of your charter fee, you may have small expenses to enhance your time onboard your boat such as taxi transfers, cruising and local taxes for entering national parks, premium food and beverages, licence and fishing permit, agency and ship agent if any.

Yacht charter costs comparison summary: the “ALL INCLUSIVE” Versus the “PLUS EXPENSES” options

WI chart gives you an overview of what costs are included in an “all inclusive” vs a “plus expense” luxury yacht charter.

80m yacht cost

From about $50,000 for 65 feet to a few million a week for a megayacht.

Renting a luxury yacht for a party can be as cheap as a few thousand for a small boat up to about $80,000 a day for a megayacht like Christina O to host from 24 to 34 guests.

Caribbean yacht charter prices vary according to the size, style, and age of the yacht you rent. Our luxury yacht charters are between $30,000 to over 1,000,000 per week.

It will cost you between $25,000 to $1,000,000 per week to charter a luxury yacht in France depending on its size, its range, and its fame.

A luxury yacht charter in Monaco from $35,000 to over $1,000,000 per week.

For yachts over 100ft (30m), the cost of charter ranges from $100,000 and above weekly.

For a megayacht over 200ft (60m), a weekly charter costs from $300,000 to $1,000,000 and above.

Most advertised prices only include the charter base rate (boat rental and the crew salaries). On top of that, add the APA, insurances (travel, cancellation), VAT and local taxes, crew gratuity, and delivery fees.

The destination plays a significant role in the cost of the rental. For example, prices are higher when the region does not have large charter fleets like the Galapagos. Other regions are more competitive such as the Virgin Islands or the Mediterranean.

Flying Fox, with her 136 meters length, can host 36 guests and 54 crew. Chartering price starts from €4,270,000 per week.

The majority cost around $150,000 per week, but some are even more expensive. Their selling prices are from around $10 million and above.

Wellington is showcased in the 5th season of Below Deck and her weekly charter price starts from $250,000 per week. She comes fully staffed and can accommodate up to 12 guests.

Count about $160,500 per week to charter Valor, showcased in Below Deck seasons 4,5, and 7.

The regular charter rate of My Seanna, which was showcased in the 6th and 8th seasons of Below Deck, is around $300,000.

Nothing mandatory, but it is usually recommended to tip from 15 to 20% of your base charter rate.

Black Pearl, with her 103,35ft length, can accommodate up to 10 guests and 5 crews. Her weekly charter starts from $69,000.

The weekly charter rate of Christina O starts from  $683,000 a week. You can also rent the emblematic ship for a day to party. It will cost $54,900 per day for up to 12 guests, $67,000  for 13-23 guests and $79,000  per day for 24-34 guests.

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How to winterize your boat, luxury crewed yacht charters – frequently asked questions, beginner’s guide to chartering: everything you need to know.

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BILGIN 263 LEONA

BILGIN 263 LEONA

Bilgin Yacht has currently built three units of the 80-metre Bilgin 263 series. The second unit of the series, Leona celebrated her launch in October, 2022. Bilgin Yachts partnered with Antalya-based Unique Yacht Design for naval architecture and exterior design, and H2 Yacht Design for the interior living areas. Leona offers her guests exclusive and large spaces.

Jonny Horsfield of H2 Yacht Design states that “Leona is different in many ways to her sistership Tatiana. Although the general layout is essentially identical and the yachts offer accommodation for up to 10 guests, Leona has more emphasis on space with cabin numbers being reduced in order to provide larger accommodation. On the main deck, Tatiana’s four guest cabin-layout has been replaced with two generous VIP cabins with his and her dressing rooms and bathrooms, while on the lower deck there are two cabins instead of three and this layout creates space for additional storage, a larger area for a movie theater, a gym and a sauna. The owner’s deck sees the biggest change with the superstructure extending aft providing a palatial owner’s suite. Not to mention that a private lounge area is on the forward deck with an access to the owner’s exterior pool. Emrecan Özgün, the founder of Unique Yacht Design, finds this part of the yacht especially sexy and sleek and he describes it as following: “In terms of exterior lines I really love the front deck because it reminds of a real bullet when seen from above.”

80m yacht cost

TECHNICAL SPECIFICATION

BILGIN 263


BILGIN 263


2023


80m (263')


12.25 m (40' 2")


3.50m (11' 2")


155.000 lt. (40.950 US Gallons)


6000+ nm @11 knots


19 knots


45.000 lt. (11.900 US Gallons)


Unique Yacht Design


Unique Yacht Design


H2 Yacht Design


5


10


19 Crew+1

BILGIN 263 LEONA

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Sunken Superyacht Likely to Cost Insurers at Least $150 Million, Experts Say

80m yacht cost

Insurers of the Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on the hook for at least $150 million, according to the first estimates by industry experts.

The British-flagged 56-meter-long (184-foot-long) yacht, which the experts estimated cost around $40 million, capsized and went down on Aug. 19 within minutes of being hit by a pre-dawn storm while anchored off northern Sicily.

The superyacht’s hull was insured against physical damage by yacht insurance provider OMAC and a consortium of insurers including Travelers Cos. Inc., Navium Marine, and Convex, Reuters reported last week.

Yacht Insurer OMAC Is Hull Carrier for Yacht Sunk Off Sicily, Sources Say

Its protection and indemnity (P&I) insurance, which typically covers third-party liability claims including for environmental damage, injury and death, was provided by British Marine.

The hull was likely insured for around $40 million, while the P&I cover would be larger, insurance sources said.

“Our understanding is that the cost of the boat was between $40 and $50 million, so the limit of the hull & machinery policy was probably around those values,” said Marcos Alvarez, managing director, global financial institution ratings at Morningstar DBRS.

The P&I policy would likely be “several multiples” of the hull policy, or $200-300 million, Alvarez added, noting it would also likely cover liability payments even if the captain or crew are found to be negligent.

Prosecutors in the town of Termini Imerese, near Palermo, are investigating the captain and two other crew members. An investigation does not imply guilt or mean formal charges will follow. Prosecutors have said the probe would take time and require salvaging the wreck.

Oscar Seikaly, CEO of broker NSI Insurance Group, that provides yacht insurance, estimated the hull value at $40-70 million, but said P&I cover might not total more than $100 million.

P&I insurance would also cover recovery of the Bayesian, said Francesco Dubbioso, country manager for Italy for insurer Alta Signa Europe, who estimated the superyacht’s value at $30 million to $40 million.

Reuters is the first to report the potential insurance costs. OMAC, Travelers and Navium Marine did not immediately respond to Reuters’ for comment. Convex declined to comment.

The Bayesian disaster, which has puzzled experts who said the boat would have been built to withstand a severe storm, adds to recent woes for yacht insurers, who have faced a raft of hurricane losses in the past few years.

Premium rates have risen by four to five times in the past couple of years in parts of the U.S. and the Caribbean, and yacht insurers have cut the amount of cover they provide because of the risks, Seikaly said.

As a result, insurers have increased rates and re-evaluated their guidelines and risk appetite, according to industry experts.

As well as hurricanes, insured losses have mostly stemmed from severe storms, floods, and other weather events in North America, the Caribbean, and Europe, according to a report by broker Marsh.

Seikaly said four clients had last week been ready to buy boats but changed their minds because of the high cost of insurance.

Climate change was also likely to add to yacht insurers’ worries, Seikaly added, as it throws up more unexpected events.

“Whoever thought a storm in the Mediterranean in the month of August is going to sink a ship?”

(Additional reporting by Sinead Cruise; editing by Michelle Price and Sandra Maler)

Photograph: Italian Firefighters scuba divers bring ashore in a blue bag the body of one of the victims of the UK flag vessel Bayesian, on Wednesday, Aug. 21, 2024. (AP Photo/Salvatore Cavalli)

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  • Categories: International & Reinsurance News Topics: British Marine , Convex Group Ltd. , marine insurance , marine liability insurance , Navium Marine , NSI Insurance Group , OMAC , protection and indemnity (P&I) , superyacht insurance , The Travelers Cos. , yacht insurance
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80m yacht cost

MALTESE FALCON Sailing yacht for charter

  • Length: 88m (288.6ft)
  • 12 guests in 6 cabins
  • Built: 2006 (refitted 2023), Perini Navi, Italy

The instantly recognisable 88m (288.6ft) MALTESE FALCON, acclaimed as the Finest Superyacht Ever among a host of other awards, is still one of the world’s most innovative sailing yachts. Now this truly iconic yacht is better than ever having undergone a huge double refit in summer 2022 and winter 2022-23 with an endless series of mind-blowing upgrades.

80m yacht cost

Exciting and rare, offering iconic elegance and innovation.

  • 18 awards since her launch, including being named ‘Finest Superyacht Ever’ by Superyacht World magazine
  • 2022/2023 extensive interior, exterior and engineering refit
  • Unique three-deck sky-lit atrium
  • Wellness facilities: massage room & fully equipped gym
  • Private VIP deck
  • Largest outdoor cinema projected on the lower sail and indoor cinema
  • Large aft shaded Bimini/Circus
  • 2,400 square metres of sail can be set within six minutes

About MALTESE FALCON

The instantly recognisable 88m (288.6ft) MALTESE FALCON, acclaimed as the Finest Superyacht Ever among a host of other awards, is still one of the world’s most innovative sailing yachts. Now this truly iconic yacht is better than ever having undergone a huge double refit in summer 2022 and winter 2022-23 with an endless series of mind-blowing upgrades.

80m yacht cost

View all yachts for charter

As well as a gleaming hull repaint, there is a new extendable passerelle that takes you all the way down to the water where there is a new inflatable platform for beach-club sea-level living. The flybridge has a new circular sunbed that rotates with the sun. Inside you’ll find her guest areas brighter and more welcoming with lighter woods, cream panels and new tapestries.

There’s a new cinema room on the main deck, a redesigned Japanese-style dining room and her gym shares a state-of-the-art MS Sculpt electric muscle stimulator with the massage room. As well as the latest Starlink Wi-Fi throughout and a wheelhouse brimming with the latest technology, she now operates more sustainably with LED lighting throughout, a new engine control room and new generators for lower noise and vibration.

Her unique features remain, like the three-deck sky-lit atrium where the stairs spiral around the main mast, an iconic architectural wonder. You can still indulge your passion for film with the world’s largest outdoor cinema, where movies are projected onto the lower sail so you can watch from the flybridge. The main deck aft, now shaded by a stylish new hardtop, is even better suited to entertainment with open-air dining aft and a circular sit-up bar, revamped with cream marble and new sound and light systems.

On the water, you'll find whatever you're looking for in MALTESE FALCON's garage of brand-new toys. She has a 10m (33ft) Pascoe tender to ferry guests into port or onto a deserted beach for a BBQ and thrill them on waterskis and wakeboards. SeaBobs, kayaks, SUPs, jet surfs, snorkelling equipment, windsurfers - she has plenty to keep you entertained.

When it's time for bed, the full-beam master suite on the lower deck has a large walk-in wardrobe and adjoining gym as well as his-and-hers bathrooms, now with jacuzzi bath as well as a shower room. As principal you may be tempted to take the private VIP deck instead, aft facing on the flybridge with access to the terrace and walkaround side decks, as it has a brand-new bed with a TV that rises from beneath it. There are an additional four double cabins on the lower deck, each with en suite facilities.

Be one of the first to experience this reborn icon of the seas. Get in touch now to book your MALTESE FALCON charter.

Summer cruising Mediterranean EUR 490,000/EUR 580,000 per week (low/high)
Winter cruising Caribbean & Bahamas USD 490,000/USD 580,000 per week (low/high)
Built 2006 (refitted 2023), Perini Navi, Italy
Length 88m (288.6ft)
Guests 12
No. of guest cabins 6
Crew 18
Beam 12.9m (42.3ft)
Draft min/max 6m (19.7ft)/6m (19.7ft)
Displacement 1,110 tonnes
Maximum speed 18 knots
Cruising speed 14 knots
Fuel consumption at cruising speed 350 litres per hour
Cabin types 6 (6 × double)
Engines 2 × 1,499hp Deutz

Tenders & toys

80m yacht cost

  • 2 × Tenders
  • Anti-jellyfish pool
  • Inflatable platform
  • 4 × SeaBobs
  • 2 × Jetsurfs
  • 2 × eFoils
  • 4 × Kayaks
  • 4 × Stand up paddleboards
  • Inflatable tows
  • Fishing gear
  • Snorkelling gear

Please note that tenders and toys are subject to regular upgrades and changes. Contact a Burgess broker for the latest information.

Fitness equipment

80m yacht cost

  • Cross trainer
  • Free weights
  • Resistance bands
  • Training bench
  • Yoga instructor
  • Massage room
  • On board masseuse

Please note that fitness equipment and wellness facilities are subject to regular upgrades and changes. Contact a Burgess broker for the latest information.

80m yacht cost

Check availability

Maltese falcon is available for those dates, maltese falcon is available for those dates subject to confirmation., sorry, maltese falcon isn't available for those dates, contact a broker to discuss your requirements, please change your dates or contact us for a personalised yacht selection..

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  • Mediterranean

From EUR 490,000 per week

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80m yacht cost

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Italy

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80m yacht cost

Rate from EUR 450,000*† per week

  • Length: 90.1m (295.6ft)
  • Built: 2007 (refitted 2021), Corsair Yachts, China

80m yacht cost

Rate from EUR 539,000* per week

  • Length: 73.6m (241.4ft)
  • 12 guests in 8 cabins
  • Built: 2011 (refitted 2014), Freire Shipyard, Spain

80m yacht cost

Rate from EUR 520,000† per week

  • Length: 73.5m (241.2ft)
  • Built: 2008 (refitted 2013), Nobiskrug, Germany

80m yacht cost

PLANET NINE

Rate from EUR 588,000* per week

  • Length: 73.2m (240.1ft)
  • 12 guests in 9 cabins
  • Built: 2018, Admiral, Italy

80m yacht cost

Rate from EUR 557,000*† per week

  • Length: 73m (239.4ft)
  • 12 guests in 7 cabins
  • Built: 2006 (refitted 2018), Lurssen-Werft, Germany

80m yacht cost

Rate from EUR 513,000* per week

  • Length: 70.6m (231.6ft)
  • Built: 2011, Proteksan Turquoise, Turkey

80m yacht cost

  • Length: 70m (229.7ft)
  • Built: 2016, Feadship, Royal Van Lent, The Netherlands

Special offer

JOY is offering a 15% discount on low season charters this summer.

80m yacht cost

Rate from EUR 434,000* per week

  • Length: 69m (226.3ft)
  • 32 guests in 16 cabins
  • Built: 2003 (refitted 2014), Austal, Australia

80m yacht cost

Rate from EUR 588,000*† per week

  • Length: 66m (216.5ft)
  • Built: 2013 (refitted 2020), Delta Marine, United States Of America

80m yacht cost

Rate from EUR 577,000*† per week

  • Length: 65.7m (215.5ft)
  • Built: 2023, Rossinavi, Italy
  • The Bahamas

From USD 490,000 per week

Explore the Bahamas

80m yacht cost

More yachts in The Bahamas

Rate from USD 575,000*† per week

Rate from USD 615,000† per week

Rate from USD 567,000 per week

Rate from USD 650,000 per week

Rate from USD 650,000† per week

80m yacht cost

Rate from USD 462,000† per week

  • Length: 65m (213.3ft)
  • Built: 2011 (refurbished 2021), Benetti, Italy

80m yacht cost

BATON ROUGE

Rate from USD 464,000* per week

  • Length: 62.5m (205.1ft)
  • Built: 2010, Icon Yachts, The Netherlands

80m yacht cost

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80m yacht cost

MOONLIGHT II

Charter for the Abu Dhabi Grand Prix

For an unbeatable F1 experience

80m yacht cost

Early season availability in the BVI’s

Charter from mid-November onwards from St Maarten or Tortola

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U-81 Charter Yacht

NOT FOR CHARTER *

This Yacht is not for Charter*

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U-81 yacht NOT for charter*

80m  /  262'6 | damen yachting | 2022.

Owner & Guests

  • Previous Yacht

Special Features:

  • Built in 2022
  • Lloyds Register classification
  • Interior design from Damen Yachting
  • Up to 26 crew
  • Sleeps 8 overnight

The 80m/262'6" motor yacht 'U-81' (ex. Naghi 1000) was built by Damen Yachting in the Netherlands at their Sharjah shipyard. Her interior is styled by Dutch designer design house Damen Yachting and she was completed in 2022. This luxury vessel's exterior design is the work of Azure Yacht Design.

Guest Accommodation

U-81 has been designed to comfortably accommodate up to 8 guests in 4 suites. She is also capable of carrying up to 26 crew onboard to ensure a relaxed luxury yacht experience.

Range & Performance

U-81 is built with a steel hull and steel superstructure. Powered by twin diesel-electric Caterpillar (3512C) 1,947hp engines, she comfortably cruises at 12 knots, reaches a maximum speed of 16 knots. She was built to Lloyds Register classification society rules.

Length 80m / 262'6
Beam 16.2m / 53'2
Draft 6.15m / 20'2
Gross Tonnage 3,040 GT
Cruising Speed 12.5 Knots
Built
Builder Damen Yachting
Model Conversion
Exterior Designer Azure Yacht Design
Interior Design Damen Yachting

*Charter U-81 Motor Yacht

Motor yacht U-81 is currently not believed to be available for private Charter. To view similar yachts for charter , or contact your Yacht Charter Broker for information about renting a luxury charter yacht.

U-81 Yacht Owner, Captain or marketing company

'Yacht Charter Fleet' is a free information service, if your yacht is available for charter please contact us with details and photos and we will update our records.

U-81 Photos

NOTE to U.S. Customs & Border Protection

Specification

M/Y U-81

Length 80m / 262'6
Builder
Exterior Designer Azure Yacht Design
Interior Design Damen Yachting
Built | Refit 2022
Model
Beam 16.2m / 53'2
Gross Tonnage 3,040 GT
Draft 6.15m / 20'2
Cruising Speed 12.5 Knots
Top Speed 16 Knots

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How Much Do Jet Capsule Boats Cost And How Fast Can They Actually Go?

Jet Capsule Docked

With a combination of creativity and outside-the-box thinking, the world has seen some strange watercraft over the years like the Kawasaki Jet Mate Jet Ski . However, the Italian born Jet Capsule, while a bit of an oddity, might be right up your alley (as long as you have deep pockets). Looking like a cross between an alien pod and something from the mind of Jules Verne, the Jet Capsule comes in several models with a variety of distinct layouts that vary the experience greatly. The Royal Version 001 back in 2019 ran $285,000 at the time, with a base model costing a bit less at $250,000. Unfortunately, the manufacturer doesn't provide prices on their website for any of the newer models. Depending on your chosen engine configuration, you can expect to achieve a maximum rate of between 35 knots (40mph) and 60 knots (69mph).

You'd be forgiven for wondering what Jet Capsule boats are designed for exactly. Fortunately, there are several useful applications for Italian designer Pierpaolo Lazzarini's creation. From a "compact yacht" for recreation, an upscale means to ferry passengers to land, and commercial uses as a high-end taxi or water limousine, this craft does serve a unique niche.

What does the Jet Capsule offer?

Interior Of Jet Capsule

The Jet Capsule might look compact, but it's stuffed to the brim with premium luxury features and customization options. Take for example the Royal Version 001, which can include tropical teak hardwood accents, ergonomic leather seats, light-weight carbon fiber construction, sunlight-reacting windows, a motorized door, and more, which factor into the total price tag. You can choose from various layouts that include a kitchenette, a sundeck, a restroom, a high-end Bose audio system, and seating for up to 12 people. You'll also notice additional eye-candy like ambient lighting running through the cabin, creating a unique and posh atmosphere.

With the Jet Capsule, not only are there several interior amenities to choose from, but also several engine options. Depending upon your needs, this watercraft comes with either a single-engine configuration that provide up to 550 horsepower or dual powerplant for up to 740 horsepower. In addition, you can also choose hybrid powertrains that combine a diesel engine and electric motor or go all-electric. As the name implies, the Jet Capsule uses jet drive, which is similar to what powers jet skis and is one of the four basic types of boat engines .

Built-to-order and getting faster

Super Jet

While there are several pre-made layouts you can choose from for your Jet Capsule, each unit can be personalized to your specifications. If patience isn't your virtue, you may be disappointed to know the build of each watercraft can take as much as 18 months to complete. 

Not content to stop innovating, one of the new models of Jet Capsule is the Super Jet, which offers some performance upgrades over earlier iterations. For example, you can opt for twin diesel engines that propel the Super Jet up to a maximum speed of 60 knots or 69 mph. Not only is the vehicle more aerodynamic than previous models, but it also weighs 500 kg or 1100 pounds less. In the captain's chair you can experience the included augmented-reality navigation, automated docking technology, and seating with built-in shock absorbers. If you think the Jet Capsule is bit bizarre, check out the other vessels that made our list of weird boats that will change the way you think about water travel .

Recommended

USA TODAY

Mike Lynch sunken superyacht could cost insurers massively, experts say

I nsurers of the Bayesian superyacht that sank this month , killing tech entrepreneur Mike Lynch and six others , could be on the hook for at least $150 million, according to the first estimates by industry experts.

The British-flagged 184-foot-long yacht , which the experts estimated cost around $40 million, capsized and went down on Aug. 19 within minutes of being hit by a pre-dawn storm while anchored off northern Sicily.

Prosecutors in the town of Termini Imerese, near Palermo,  are investigating the captain and two other crew members. An investigation does not imply guilt or mean formal charges will follow. Prosecutors have said the probe, which includes looking into crimes of manslaughter and shipwreck, would take time and require salvaging the wreck.

Start the day smarter. Get all the news you need in your inbox each morning.

The captain, James Cutfield, flew out of Palermo on a private jet on Thursday, an investigative source told Reuters . Cutfield's destination was unclear.

Cutfield, a native of New Zealand, and his wife live in Palma, the capital of the Spanish island of Mallorca.

The superyacht's hull was insured against physical damage by yacht insurance provider OMAC and a consortium of insurers including Travelers Companies Inc (TRV.N), Navium Marine and Convex, Reuters  reported  last week.

Its protection and indemnity (P&I) insurance, which typically covers third-party liability claims including for environmental damage, injury and death, was provided by British Marine.

The hull was likely insured for around $40 million, while the P&I cover would be larger, insurance sources said.

"Our understanding is that the cost of the boat was between $40 and $50 million, so the limit of the hull and machinery policy was probably around those values," said Marcos Alvarez, managing director, global financial institution ratings at Morningstar DBRS.

The P&I policy would likely be "several multiples" of the hull policy, or $200-300 million, Alvarez added, noting it would also likely cover liability payments even if the captain or crew are found to be negligent.

More: How safe are luxury yachts? What to know after Mike Lynch yacht disaster left 7 dead

Oscar Seikaly, CEO of broker NSI Insurance Group, that provides yacht insurance, estimated the hull value at $40-70 million, but said P&I cover might not total more than $100 million.

P&I insurance would also cover recovery of the Bayesian, said Francesco Dubbioso, country manager for Italy for insurer Alta Signa Europe, who estimated the superyacht's value at $30 million to $40 million.

Reuters is the first to report the potential insurance costs. OMAC, Travelers and Navium Marine did not immediately respond to Reuters' for comment. Convex declined to comment.

The Bayesian disaster, which has puzzled experts who said the boat would have been built to withstand a severe storm, adds to recent woes for yacht insurers, who have faced a raft of hurricane losses in the past few years.

Premium rates have risen by four to five times in the past couple of years in parts of the U.S. and the Caribbean, and yacht insurers have cut the amount of cover they provide because of the risks, Seikaly said.

As a result, insurers have increased rates and re-evaluated their guidelines and risk appetite, according to industry experts.

As well as hurricanes, insured losses have mostly stemmed from severe storms, floods, and other weather events in North America, the Caribbean, and Europe, according to a report by broker Marsh.

Seikaly said four clients had last week been ready to buy boats but changed their minds because of the high cost of insurance.

Climate change was also likely to add to yacht insurers' worries, Seikaly added, as it throws up more unexpected events.

"Whoever thought a storm in the Mediterranean in the month of August is going to sink a ship?"

This article originally appeared on USA TODAY: Mike Lynch sunken superyacht could cost insurers massively, experts say

The bodies of Mike Lynch and five other passengers were recovered inside the ship after a dayslong rescue operation.

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