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How Much Does It Cost To Own a Boat or a Yacht in Singapore?
Cruising the seas on a yacht is the ultimate in luxury, as those folks with their very own super yachts berthed at Sentosa Cove’s marina would know.
Owning a boat is obviously not cheap the way a shopping spree at Daiso would be, but it does not have to cost millions either.
How much is a boat in Singapore?
Boats come in all shapes and sizes, and the prices can vary wildly. As with cars, a second hand boat costs significantly less than a brand new one.
Generally, prices cost from about $50,000 onwards for a second hand boat. On the other end of the scale, some of the biggest, fanciest yachts with spacious onboard living space can cost over a million bucks.
How much does it cost to berth your boat per month?
Wet berthing costs are generally in the $480 to $1,500 per month range, depending on location and the size of your boat. If you are getting a club membership in order to berth your boat, you might also receive other perks like use of the club’s gym.
Here are the available Marinas in Singapore:
- Marina @ Keppel Bay
- Marina Country Club
- One Degree 15
- Raffles Marina
- Republic of Singapore Yacht Club
- SAF Yacht Club Changi
- SAF Yacht Club Sembawang
- Changi Sailing Club
How to buy a boat in Singapore?
The easiest way is to approach a boat dealer. Dealers usually have a mixture of brand new and second hand boats for sale.
If you are not paying the full cost in cash, some boat dealers will offer their own loans if you are buying one of their boats. Alternatively, you can seek financing by taking out a personal loan .
Maintenance and repairs per month
Your maintenance costs will obviously depend on how frequently and intensively you use your boat. If you use your boat every weekend, you should budget at least $500 to $1,500 per month. This cost includes the cost of fuel and any repairs or replacements that must be made.
Other than mechanical checkups and maintenance, you should also take into account costs such as marina memberships fees, cleaning services and the price of getting your boating license if you do not already have one.
Insurance for a boat
Your boat insurance premiums will depend on factors such as boat model and size, as well as what your boat is being insured for. Most insurers will offer hull coverage, which protects the hull as well as the items attached to or kept and used on the boat, such as marine electronics.
Other features that might or might not be included are cleanup coverage in case of fuel spills, and removal of wrecks. You should also check the limits of the territory in which your boat is insured.
Be prepared to pay at least $1,200 a year for the most basic insurance plans.
How to get a boat licence in the first place?
In order to pilot a boat, you will need a Powered Pleasure Craft Driving Licence.
There are several organisations conducting courses (usually 2 or 3 days long) that will prepare you for the test, namely the following:
- SAF Yacht Club
- ONE15 Marina Club
- Singapore Police Force Aquatic Club
- Singapore Polytechnic
- Singapore Powerboat Association
- Water Venture Changi
To get your licence you will have to pass both a theory and practical test.
Set aside about $350 for the course fees, as well as about $190 for the tests and licence fee, assuming you pass on your first try.
Is a boat or yacht a liability or an investment in Singapore?
Like a car, a boat is a depreciating asset. You will be paying significant costs in order to operate and maintain it, and you are unlikely to be able to sell it at a much higher price than you got it for, unless you are undertaking major restoration or renovation works.
That being said, it is still possible to monetise your boat or yacht by renting it out. For instance, there is quite a bit of demand for weekend yacht parties in Singapore. This does take extra work though, as many yacht rental businesses provide not only a crew but also perks like champagne buckets.
Total cost of owning a boat for a year (minimum)
Item | Annual cost |
Getting a boat license (one-time cost) | $540 |
Cost of a secondhand boat (one-time cost) | $50,000 |
Berthing cost | $5,760 |
Maintenance and repairs | $6,000 |
Insurance | $1,200 |
Total | $63,500 |
Thinking of buying a boat in Singapore? Share your questions in the comments!
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Owning a yacht in Singapore is a luxurious privilege that offers an unmatched sense of freedom and adventure on the water. However, the joy of yacht ownership comes with the responsibility of proper upkeep to ensure your vessel remains in excellent condition for years. Regular maintenance not only extends the lifespan of your yacht but also ensures safety and efficiency during your sea voyages. In this guide, we’ll walk you through the essential steps of yacht maintenance, helping you understand what it takes to maximize the lifespan of your yacht with straightforward and practical advice. Whether you are a new yacht owner or a seasoned sailor, this article will provide you with valuable tips on keeping your yacht seaworthy and splendid.
Understanding Yacht Lifespan
Average lifespan of different yacht types.
The lifespan of a yacht can vary significantly based on its type. Motor yachts, for example, typically last between 20 to 30 years, while sailing yachts can often go strong for 30 to 40 years if well-maintained. Superyachts, with their sophisticated designs and technology, can have variable lifespans that depend heavily on their construction and maintenance regimes.
Factors Affecting Yacht Lifespan
Several factors influence how long your yacht will remain in good condition:
- Quality of Construction Materials: The durability of the materials used in building a yacht directly impacts its longevity. High-quality materials may be more costly but can withstand the harsh marine environment better.
- Design and Engineering: A well-designed yacht not only performs better but is also easier to maintain, which can extend its life.
- Frequency and Type of Usage: Yachts used frequently or for long voyages may require more intensive maintenance. Conversely, light and careful use can prolong a yacht’s life.
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Essential Maintenance for Yachts
Routine maintenance checklist.
Regular maintenance is key to keeping your yacht in top condition. Here’s a simple checklist:
- Daily Checks: Inspect for any leaks or oil spills, check the battery levels and bilge pumps.
- Monthly Checks: Clean the hull, check the engine and generator, inspect the safety equipment.
- Annual Checks: Service the engine, antifoul the hull, check and possibly replace anodes, and ensure all navigation equipment is up to date.
Seasonal Maintenance Tips
In Singapore, where the weather is typically tropical, it’s crucial to prepare your yacht for the wet and dry seasons:
- Wet Season: Ensure your covers and seals are intact to prevent water ingress. Check bilge pumps and drains are clear to handle extra water.
- Dry Season: This is a good time for painting and varnishing as you can expect more consistent dry days. Also, inspect and maintain air conditioning units as they will be used more frequently.
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Advanced Yacht Care
Preventative measures.
Taking preventive actions can save you a lot of trouble and expense down the line:
- Regular Inspections: Schedule inspections with a professional to identify potential issues before they become major problems.
- Using Technology: Install systems that monitor critical aspects of your yacht’s condition and alert you to issues automatically.
Handling Common Repairs
Familiarize yourself with how to manage common issues such as:
- Wear and Tear: Regularly check and repair parts of the yacht that are subject to wear, such as seals, bearings, and moving parts.
- Professional Help: Recognize when a problem is beyond DIY and requires professional intervention. Building a relationship with a reliable marine mechanic can be invaluable.
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The Impact of Proper Maintenance
Extending yacht lifespan.
Maintaining your yacht diligently can significantly extend its operational life, keeping it both safe and beautiful for many years.
Cost Savings
While regular maintenance does incur costs, these are generally much lower than the expenses associated with major repairs or replacements that result from neglect. Regular upkeep also helps maintain the yacht’s resale value.
Proper maintenance is crucial for enjoying your yacht’s potential to the fullest. By following the guidelines outlined in this article, you can ensure your yacht remains a source of pride and joy. Remember, the effort you put into maintaining your yacht not only enhances its lifespan but also improves your overall boating experience.
This article provides practical maintenance tips tailored to the conditions and needs of yacht owners in Singapore, making it an essential read for anyone looking to preserve their investment and enjoy the waters around this beautiful region.
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How to buy a yacht in Singapore: Cost, size and other factors to consider before sinking your money in
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The demand for big boys toys is on the rise, and it’ll only continue to grow. Here’s what you ought to think about before joining the party
It doesn’t take much to notice that the demand for yachts has been steadily increasing in Asia in the past few years. Yacht shows – such as the Singapore Yacht Show and Thailand Yacht Show – have reportedly pushed for a fair number of sales. In particular, the number of superyachts (over 79 feet / 24m in length) in Thailand increased by over 50 per cent in the last three years.
According to the 2019 Global Order Book , 78 per cent of yachts being built are motor yachts, with one in four measuring 78 to 88 feet (23 to 26m). But new builds only represent a small portion of yachts available to buyers. There are almost 800 superyachts advertised for sale online, and the majority of these are pre-owned.
Which yacht builder should I go to?
The first – and most important question – is who to buy your yacht with. If you’ve already seen a yacht you like, that solves a lot of issues. But if you need help finding the right yacht, that’s where you need a broker to step in. There are numerous brokers and dealers in Singapore, such as Simpson Marine , Hong Seh Marine and Boat Lagoon Yachting Singapore.
To build or to buy?
Many first-time owners prefer purchasing pre-owned yachts and refurbishing it, as it gives them an opportunity to really understand the workings of the vessel. Price wise, expect an upwards of USD9 million (S$12 million).
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Uncovering the (not so) hidden costs
You’ll also have to take into account the upkeep, which includes everything from insurance, fuel, docking fees to crew salaries, maintenance and repair bills and more. A conservative figure to keep in mind would be shelling out 10 per cent of the yacht’s value towards its upkeep every year.
Pleasure pursuits
It’s also important to ask yourself what the main objective of your purchase. Is it for business, where the intention is to charter? Or is it for personal use. If it’s the latter, how open are you to renting it out when it’s not in use? On average, owners are on board just six weeks a year, and chartering the yacht allows them to maximise their purchase.
The charter market is fairly competitive, and this means you’ll need to be very selective about the yacht you’re purchasing. The most popular charter yachts offer equally sized ensuite cabins, plenty of space to entertain, are run by an exceptional crew. They also tend to have the latest amenities like tenders, jet skis, a gym, whirlpool tub and at times, a spa.
You also need to identify your clientele and market share. It’s easy to find a yacht that can accommodate eight people, but when you start looking at 10 or more overnight guests, the number of potential yachts will drop. Ask yourself if that’s a space you’d like to be in. It’s important to be aware that if you want the yacht to accommodate more than 12 guests, the classification rules change and it becomes more complex.
Building: bespoke, classic production or semi-production
For those who have their hearts set on building yacht, you can either go for a bespoke build or a production piece (mass built by the brand).
And here’s where things get slightly trickier. There are roughly 150 new yachts hitting the water every year, but only a few of these are custom builds . If you’re looking for a yacht under 100 feet (30m), consider a production yacht. Price aside, it will be delivered to you much sooner, given that there are less bespoke options on a yacht for you to consider.
If you go with a production yacht, choose between a classic or semi-production yacht, the latter which is essentially a more customised option. Semi-production superyachts sit on a production hull while allowing you to make a number of personal touches, offering the best of both worlds in terms of cost and personalisation.
But if you truly desire a custom-built superyacht, you can take a look at some concepts that have been backed by superyacht yards , or commission a team to craft a yacht that is tailored to your specifications .
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Play the waiting game
Commissioning a new build is a complex process that spans years. Expect to wait upwards of three years depending on the size. According to a representative from Benetti Yachts , it takes roughly four years from the time someone toys with the idea of buying a yacht to actually making the purchase.
Choice of marina
Singapore is an obvious choice in the Southeast Asian region, given its lack of severe weather conditions and stable economy, explains Scott Walker, director of Asia Pacific Superyachts Singapore.
The city’s robust banking system is also preferred by the wealthy, which makes it simpler to send or receive money if you’re transferring the purchase price or dealing with charter fees. Plus, Singapore has shipyards and service providers in abundance. Adding to the appeal is the fact that foreign registered yachts can also be exempted from GST on purchases if they go through the proper channels, Walker says.
It’s location as a hub for the region is another reason to keep yachts in Singapore, as it’s within sailing distance to Pulau Tioman in Malaysia and the Anambas Islands in Indonesia.
Size matters
Of course, the marina you select also depends on the size of your yacht. The bigger the yacht, the more challenging it’ll be to find space for her in the region. The most common size for a superyacht is between 78 and 100 feet (24 and 30.5 metres), but that’s on a modest side of the scale. For context, Azzam , the largest yacht in the world measures six times that, at 590 feet (180m). And not many marinas are able to accommodate yachts of that size.
If you decide to keep your yacht in Singapore, you’ll need to ensure the size is under 200 feet (61m), because that’s the maximum size that can be accommodated ONE°15 Marina Sentosa Cove, our city’s most prestigious marina.
With 90 per cent of yachts staying at the marina on a long-term basis, ONE°15 Marina Sentosa Cove is a realistic option for a homeport. But space is competitive: the marina receives more than double the number of enquiries than they have berths each year, reveals Esther Ang, marketing manager of the marina.
In fact, demand is so high that the marina is undergoing renovation. By the end of 2020, it’ll be able to accommodate 19 superyachts, up from its original 12. Yet another reason to berth at ONE°15 is its CIQP facilities, which allows the boats to clear in and out of Singapore at the marina, instead of the Immigration Anchorage.
If you’re thinking of buying a yacht closer to 100 feet (30.5m), your berthing options increase – but the three other marinas in Singapore with space for yachts of this size. When Raffles Marina opens its CIQP facility in October, it may become a more attractive alternative to ONE°15.
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How far can it go?
To understand just how long-range your yacht needs to be, you have to know where you’d like to take her. If you plan to cruise the coasts of Malaysia, Thailand and beyond, range is less of a concern because there are a handful of facilities that you can access, such as Royal Selangor Yacht Club, Royal Langkawi Yacht Club and Royal Phuket Marina.
But if you’d like to go somewhere more remote on a regular basis, you’ll need a yacht with a higher range. Take for example Indonesia, where the nearest marina is in Bali, and can accommodate yachts up to 98 feet (30m) in length. In this instance, you should aim for a range above 2,500 nautical miles. Feadship’s Najiba has a range of 6,000 nautical miles , for example, although that is exceptionally far.
For those who’re especially keen on exploring the numerous archipelagos that scatter the region, it’s best to opt for a yacht of a smaller size, which relates to a smaller draft, and ease for exploration. Or maybe consider purchasing a chase boat while you’re at it.
Lastly…
Don’t forget to hire a lawyer right from the start of the process. Buying a yacht is more like purchasing a jet or floating real estate, compared to a car and should be treated with as much scrutiny. We’ll leave you with a tip: Never skip the sea trial or full condition survey, and don’t skimp on doing the due diligence.
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Going beyond, always
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Your Preferred Yacht Management and Charter Partner
At Hans Yacht Services, we’re all about going beyond. It’s about customer obsession. Customer satisfaction is not enough, it’s about customer delight.
Hans Yacht Services has been in the yachting industry for more than a decade, serving customers both locally and across the region with their yachting needs since 2007. P roviding impeccable services ever since, our name has become synonymous with quality and peace of mind.
At Hans Yacht Services, besides yacht charter, our yacht management services include maintenance & repair, cleaning as well as immigration & administrative matters. We also provide captain and crew services for both local and overseas trips as well as deliveries.
Get in touch with us to learn more about Hans Yacht Services and what we offer.
Why Choose Us?
24/7 support.
Always Available When You Need Us
Extensive Knowledge & Experience
True Professionals
Peace of Mind
Don't Sweat It
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Yacht service: getting your sailing yacht ready for the season
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A guide to luxury yacht servicing with Oyster Yachts
From water maker and sail checks to winch and engine servicing, this is our guide to yacht service and maintenance that will ensure your readiness for a great season on the water.
Maintain your yacht maintenance log
When taking delivery of their yacht, every Oyster owner receives a maintenance manual and logbook that allows them to easily track their yacht’s maintenance history. The Oyster logbook contains a weekly, monthly, bi-annual, annual, five-year and ten-year servicing checklist which ensures the timely care of the yacht.
Following these time prompts is key to maintaining a healthy and safe sailing yacht, and an updated logbook may also increase the residual value of the yacht if you decide to sell her in the future, as new buyers prioritise well-maintained boats.
We keep records of each yacht’s original plans and build logs, meaning owners can refer to the original specifications and build intentions when commissioning service and refit work.
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What to expect from your service
No one understands Oysters better than we do, and our Global Service Network provide annual, seasonal and select service options based on your needs.
Annual services comprise in and out the water essential services unique to your yacht, depending on its current condition and plans for the season ahead. The team undertake work including a 100-point manufacturer check and report, safety equipment service and certifying, structure, thru hull fitting and deck fixing checks and more.
Hauling out allows for the application of new antifouling paint and servicing of the rudder, propeller, seacocks and thrusters, as well as being a good time to polish the hull and superstructure.
When visiting the Global Service Network, our service team will create a list of requirements, scoping everything from canvas work to winches, meaning you can set sail for the season confident in the knowledge you are ready to take on anything.
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What to expect from your pre-season check and annual yacht haul-out
Annual pre-season checks and preparations for an Oyster may include:
- Sails valeted
- A visual check of your rigging or official survey of your yacht rig, if in commercial use
- Engines and generators serviced
- All systems checked over – e.g. air-conditioning, refrigeration, LPG, electrics, and electronics
- Annual safety equipment checks
When she’s lifted out of the water for an annual haul-out:
- Antifouling and polishing
- Check of the propeller, shaft and cutlass bearings
- Steering system checks
- Replacement of anodes
- Service of seacocks and thrusters
![yacht maintenance cost singapore What to expect from your pre-season check and annual yacht haul-out](https://oysteryachts.com/assets/chapter-block/sailing-yacht-electronics__FillMaxWzE0NDAsMTEwMF0.jpg)
Where can my sailing yacht be serviced?
Oyster Service Centres are situated in the most popular sailing destinations. In the Mediterranean, Oyster Palma and Oyster Barcelona offer a range of yacht services, repairs and maintenance work.
In the US, Oyster Yachts Newport offers service work from general health checks to emergency repairs and more. In the UK, the Oyster Service Centres in Southampton and Ipswich both offer a broad range of services from refits to annual maintenance and storage.
Everything on your logbook checklist can be carried out by our dedicated teams around the world via our Service Partners in the Global Service Network. Where necessary, we can come directly to you to carry out the required yacht maintenance work.
The Oyster Difference
We understand our yachts and the build process inside out, and our Service work combines in-depth knowledge of each boat, access to trained Oyster technicians, manufacturer’s parts, warranty validation and an up-to-date maintenance log. These factors together have a profound impact on your yacht’s residual value if you decide to sell her in the future.
If you’re not part of the Oyster family, our Service centres are here for you too. Our team of experts are extremely knowledgeable and highly respectful of every kind of boat and have worked on some of the world’s best yacht brands. No matter what you sail, we will endeavour to service your yacht to the highest standards.
Every owner we work with values our trusted team, quality workmanship and unsurpassed reputation to ensure their yacht maintenance is up to date and completed.
To book your Service work, talk to the team here .
![yacht maintenance cost singapore Where can my sailing yacht be serviced?](https://oysteryachts.com/assets/chapter-block/sailing-yacht-engine-room-v2__FillMaxWzE0NDAsMTEwMF0.jpg)
Global Service Network
No one understands oysters better than we do. whether you are planning for the voyage ahead, removing uncertainty or ensuring the value of your oyster, it has never been easier with a choice of tailored oyster service plans and our global service network., annual service.
- In and out of the water essential services
- Annual engine services
- Check of structure, thru hull fittings and deck fixings
- Safety equipment serviced and certified
- 100-point manufacturer check and report
Seasonal service
- Pre-cruising season preparation
- Sea trial to test systems
- Decommissioning at the end of the season
Select service
- Extended warranty on equipment and systems
- Service of engine, major equipment and systems
- Check of structure, rigging, thru hull fittings, deck fixings and safety equipment
More information
Find out more
Real-life adventure, sailing insights and everything Oyster Yachts.
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OYSTER WORLD RALLY
Entries for the Oyster World Rally 2028-29 are now open. Embark on the sailing adventure of a lifetime
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The new 565 Series II
The pursuit of perfection continues
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Oyster Charter
Experience exhilarating sailing, luxury and style on an Oyster charter
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New 565 Series II
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LUXURY CHARTER
Experience exhilarating sailing, luxury and style on an oyster charter. personal, exclusive and uniquely oyster.
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Oyster 825 iSNL
Discover this exceptional late model 825 with a unbeatable spec and a bespoke layout..
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oyster ownership
Personalised care, unforgettable experiences and lifelong yacht support, oyster world rally.
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ENTRIES OPEN
Embark on the sailing adventure of a lifetime. entries are now open for the oyster world rally 2028-29.
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Follow the Oyster World Rally 2024-25 fleet live
Winner of European Yacht of the Year 2023. She sets a new 50 foot bluewater benchmark, offering a stunning combination of sailing performance, comfort, safety and luxurious living space.
![yacht maintenance cost singapore Oyster 495 sailing yacht with man at helm](https://oysteryachts.com/assets/Uploads/Oyster-495-sailing-yacht-with-man-at-helm__ScaleMaxWidthWzEzMjBd_CropHeightWyI3NDAiXQ.jpg)
Heralding a new generation of Oysters, this 60 foot bluewater cruiser is a sailing yacht for all oceans. Practical and well-provisioned for long distance sailing or cruising in coastal waters.
![yacht maintenance cost singapore Oyster 565 sailing yacht at sea in med](https://oysteryachts.com/assets/Uploads/Oyster-565-sailing-yacht-at-sea-in-med__ScaleMaxWidthWzEzMjBd_CropHeightWyI3NDAiXQ.jpg)
The much-anticipated Oyster 595 is well-proportioned and extremely versatile. Offering exciting, customised build options with no compromise, she is capable of great things.
![yacht maintenance cost singapore Oyster 595 sailing yacht sailing at sea](https://oysteryachts.com/assets/Uploads/Oyster-595-sailing-yacht-sailing-at-sea__ScaleMaxWidthWzEzMjBd_CropHeightWyI3NDAiXQ.jpg)
A versatile sub-70 foot sailboat offering the perfect balance of size and practicality. She can be sailed shorthanded effortlessly or take a full crew and up to eight friends and family.
![yacht maintenance cost singapore sailing yacht oyster 675](https://oysteryachts.com/assets/Uploads/sailing-yacht-oyster-675__ScaleMaxWidthWzEzMjBd_CropHeightWyI3NDAiXQ.jpg)
This long range 75 foot cruising yacht is designed for very big adventures. A joy to sail yourself, she also boasts dedicated crew quarters.
![yacht maintenance cost singapore Oyster 745 sailing yacht at sea with mountains 1 v2](https://oysteryachts.com/assets/Uploads/Oyster-745-sailing-yacht-at-sea-with-mountains-1-v2__ScaleMaxWidthWzEzMjBd_CropHeightWyI3NDAiXQ.jpg)
Oyster 885SII
An exhilarating 90 foot sailing yacht, delivering comfort and safety with uncompromising performance. She is capable of taking you anywhere in the world effortlessly, in luxury and style.
![yacht maintenance cost singapore Oyster 885 sailing yacht with crew](https://oysteryachts.com/assets/Uploads/Oyster-885-sailing-yacht-with-crew__ScaleMaxWidthWzEzMjBd_CropHeightWyI3NDAiXQ.jpg)
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Kim Seah One-stop Boat Centre has been a mainstay of our business and a source of pride as our reputation continues to attract customers who find out about us, many through word-of-mouth and client referrals. We have successfully worked and have been appointed as the warranty and service centre for leading vessel makers in the region.
Our scope of work:
- Hull repairs in steel, aluminium, fibreglass and wood on the dock
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A smarter and better alternative to marina docks
Introducing a new way to berth your vessel, reduce your maintenance fees and environmental damage..
For yacht owners looking for the ideal way to store their vessels, dry stack storage is the best way. With the completion of the Republic of Singapore Yacht Club’s new vertical dry stack that can accommodate up to 196 boats, we would like to invite you to discover why more people are making the switch from conventional marina berths.
Why Berth in a Dry Stack?
Lower maintenance costs.
It reduces the need for anti-fouling as well as extensive and regular cleaning and repairs, which can often run into thousands of dollars each year.
Reduces Wear & Tear
Storing your boat on the dry reduces the corrosion of the submerged parts of the engine, cooling system and other fittings substantially.
Improved Performance
You will be able to enjoy smoother rides and improved fuel economy as your boat will be free of barnacles, weeds and anti-foul paint.
Increased Resale Value
Extend the life span – and value – of your boat with round-the-clock protection from harsh weather conditions.
![boat-with-clean-hull-rsyc-marina-club boat-with-clean-hull-rsyc-marina-club](https://rsyc.org.sg/wp-content/uploads/2018/04/Boat-w-Clean-Hull.jpg)
Pristine Conditions
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Prevent damage by corrosion
Members' only, berth on our dry stack.
The dry berths bring new standards to our boating members wishing to keep their boats ashore in a clean, efficient and secure facility. Services and facilities such as fuel bay, compressed air, lay-by berths and 24-hour security are provided to ensure that your boat can be operated and maintained to the highest standards. The dry berths are ideally located near parking lot, marina office and repair facilities; all within easy reach. Dry berths are now available for boats of up to 35 ft (10.7m) in length. The covered areas are equipped with lighting and fire fighting equipment. For enquiries on rates for the dry stack, please contact the Marine Department at 6768 9234 or email to [email protected]
DOWNLOAD OUR DRY STACK POLICIES (PDF)
Marine department 8.30am - 6pm (daily).
For Buggy Service Please approach front desk for assistance at +65 6768 9288 or contact Marina Office at +65 67689233/290/305 After Office Hour, for any urgent matters, kindly contact Security on +65 6768 9494 or Front Desk on +65 67689288
For Berthing Enquiries +65 6768 9489 Fax: +65 6768 9230 Email: [email protected]
Banquet Enquiry
Please fill in the details of your banqueting enquiry in the form below and we will contact you as soon as possible. thank you. if you require more information, please contact the banquet department at 6768 9485 / 9182 8157 or email to [email protected], please fill this for and we'll get back to you as soon as possible, membership enquiry, please fill in this and we'll get back to you as soon as possible, ordinary membership, sign up by 30th june 2018 and receive s$5,000 spending credits, what are the perks, berthing and rights to attend and vote in the meeting, and to hold office, exclusive invites to club events, one-time free transfer of membership to immediate family member (worth s$6,420), preferential rates for marina lodge, wide range of clubhouse amenities, well-equipped sports & recreational facilities and modern marina, download membership application.
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Singapore Yacht Services
Marine yacht services singapore is a local company with an ethos of transparency and reliability.
A small but expanding team of friendly professionals takes pride in our workmanship and the relationships they have with their customers. Specializing in prompt quality service. They maintain a high standard so you can be sure you are getting the level of quality your boat and you deserve when you engage them.
The vision of Marine Yacht Services is to constantly learn and put the team through training to help improve the services and the results you will get. They also take our environment seriously and work with stakeholders to ensure the marine pleasure industry can continue to be enjoyed for generations.
More about crew and maintenance here
Visit our Facebook page to find more information.
https://www.facebook.com/singaporemarineguide
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38 N Canal Rd, Singapore 059294
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How Much Does It Cost to Maintain a Yacht?
- On June 16, 2023
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Owning a yacht is a dream for many, offering luxury, adventure, and the opportunity to create lasting memories.
However, understanding the real cost of owning a yacht is crucial for making an informed buying decision. In this comprehensive guide, we will explore yacht maintenance costs, yacht cost of ownership, hidden costs, and various aspects of owning a yacht, including storage, insurance, and fuel expenses.
The Cost of Owning A Yacht- Easy To Understand Chart:
Storage and marina costs, insurance costs, routine maintenance, yacht crew expenses, how to manage yacht crew costs, storage and marina fees, yacht management fees: is it worth it, key takeaways: understanding the costs of yacht ownership.
Please note that these numbers are for illustrative purposes only and can vary significantly based on the yacht size, location, and other factors such as inflation.
Yacht Size | Annual Operating Cost | Breakdown of Costs |
---|---|---|
60-foot (Small Yacht) | $100,000 (10% of its value) | Includes all operational and maintenance costs |
100-foot Yacht | $2,000,000 (20% of its value) | Fuel, insurance, dock fees, maintenance, repairs, crew, etc. |
180-foot (Mega Yacht) | $4,750,000+ | $1,000,000 maintenance & repairs, $350,000 dockage, $240,000 insurance, $400,000 fuel, $1,400,000 crew, 15-25% V.A.T. |
Yacht Maintenance Cost: The Basics
When considering how much it costs to maintain a yacht, it’s important to understand that there are several factors involved. Yacht maintenance costs can vary depending on the size of the yacht, usage patterns, and the yacht’s age. Here’s a breakdown of the main cost categories:
One of the primary costs of owning a yacht is storage. Marina fees vary based on location, amenities, and yacht size. For example, a 60-foot yacht might cost between $20-$22 per foot, plus additional utility fees in a typical marina. In a prestigious marina, the costs could be over $5,000 per month.
Insurance is another significant expense in the yacht’s cost of ownership. Rates for a 60-foot yacht can range from $6,000 to $14,000 per year, depending on factors like location and intended usage (private or charter).
Fuel expenses are a major part of yacht operating costs. Depending on fuel price fluctuations, a 60-foot yacht with a 1,200-gallon fuel tank can cost around $6,600 to fill up. Fuel consumption depends on yacht size, capacity, and usage patterns.
Routine maintenance is essential for keeping a yacht in optimal condition. For a 60-foot yacht with average usage, annual maintenance costs can be around $60,000, with regular preventive maintenance, including underwater cleaning, washing, and systems checks. Yacht management companies can help streamline maintenance and prevent costly repairs.
Yacht Crew Costs
One significant aspect of yacht ownership not covered in the previous sections is the cost of employing a yacht crew. Depending on the size and complexity of your yacht, a crew may be necessary to ensure smooth operation and an enjoyable experience for everyone on board.
The annual cost of hiring a yacht crew varies based on the number of crew members needed, their experience, and the duration of their employment. Here’s a general breakdown of the annual costs associated with employing a yacht crew:
- Crew Salaries : Salaries depend on the crew members’ positions and experience. For example, a captain’s salary can range from $70,000 to $150,000 annually, while a deckhand might earn between $30,000 and $60,000 annually. Remember that these are just average figures , and actual salaries may differ based on various factors.
- Crew Training and Certifications : Professional yacht crew members often need specific training and certifications to work on a yacht. The cost of these programs varies, but yacht owners should be prepared to cover these expenses or offer financial assistance for crew members to obtain the necessary qualifications.
- Crew Insurance : Yacht owners are responsible for providing insurance coverage for their crew members. Depending on the contract terms, this includes health insurance, liability insurance, and potentially even life insurance.
- Crew Travel and Accommodation : Yacht owners may need to cover travel and accommodation expenses for their crew members, particularly if the yacht is traveling to various locations or if crew members need to join the yacht at a specific destination.
- Crew Uniforms and Gear : Professional yacht crews typically wear uniforms, and the yacht owner is responsible for providing them. Additionally, the owner should also cover any necessary gear or equipment for the crew’s job responsibilities.
While employing a yacht crew can be expensive, there are ways to manage these costs effectively:
- Hire a Yacht Crew Management Company : These companies can help yacht owners find, hire, and manage their crew, ensuring a smooth operation and a great experience for everyone involved. This can help you save time and effort while making sure your crew is well-taken care of.
- Seasonal Crew Members : If your yacht usage is seasonal, consider hiring crew members on a seasonal basis to save on costs. This way, you only pay for the crew when you need them.
- Fractional Yacht Ownership : As mentioned earlier, fractional yacht ownership allows multiple owners to share the cost of owning and operating a yacht. This also applies to crew costs, which can be divided among the co-owners, significantly reducing individual expenses.
Cost of Owning a Small Yacht: A Closer Look
If you’re considering a smaller yacht, it’s essential to understand the true cost of owning a small yacht. Generally, smaller yachts have lower maintenance costs, but there are still several annual expenses to consider:
As with larger yachts, storage fees for smaller yachts vary depending on location and amenities. Expect to pay between $10 and $15 per foot in a typical marina for a 30-foot yacht.
Insurance rates for smaller yachts are usually more affordable, ranging from $1,000 to $3,000 per year, depending on factors such as location and usage.
Smaller yachts have lower fuel consumption, resulting in lower fuel costs. However, it’s still essential for most yachts to budget for fuel expenses, as they can add up over time.
The annual operating cost of maintaining a small yacht is lower than that of a larger yacht. Annual maintenance costs can range from $20,000 to $30,000, including regular cleaning, engine servicing, and systems checks.
Hiring a yacht management company can be an excellent investment for yacht owners. Yacht management fees typically cover maintenance, crew management, and charter bookings. Fees vary depending on the size of the yacht and the services provided, ranging from $10,000 to $50,000 per year.
Yacht management companies can help you save time, reduce stress, and streamline the ownership experience for boat owners. They also help prevent costly repairs by ensuring your yacht receives regular maintenance and proper care.
In summary, owning a yacht is a significant financial commitment with various expenses, including maintenance, storage, insurance, and fuel costs. Here are the key takeaways from this comprehensive guide, including the dollar amounts associated with yacht maintenance:
- Yacht maintenance costs can vary based on yacht size, usage patterns, and age. For a 60-foot yacht with average usage, annual maintenance costs can be around $60,000, including underwater cleaning, washing, and systems checks.
- Storage and marina fees depend on the location, amenities, and yacht size. Be prepared to pay between $20-$22 per foot for a 60-foot yacht in a typical marina, with prestigious marinas potentially costing over $5,000 per month.
- Insurance costs are essential to yacht ownership, with rates ranging from $6,000 to $14,000 per year for a 60-foot yacht, depending on location and intended usage.
- Fuel costs can be a significant expense, especially for larger yachts. Depending on fuel price fluctuations, a 60-foot yacht with a 1,200-gallon fuel tank can cost around $6,600 to fill up.
- The cost of owning a small yacht is generally lower than that of a larger yacht. For a 30-foot yacht, annual maintenance costs can range from $20,000 to $30,000, with storage fees averaging between $10 and $15 per foot in a typical marina.
- Yacht management fees can be a worthwhile investment for yacht owners, ranging from $10,000 to $50,000 per year. Yacht management companies help streamline the ownership experience, save time, and prevent costly repairs by ensuring proper care and maintenance.
- Crew Costs vary, but generally, you will pay between $70,000 to $150,000 for a qualified and experienced captain and about $30,000 to $60,000 per year for a mate.
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Steve Momot
Steve is an accomplished professional photographer and marketer who specializes in the Fishing, Yacht, and Boating industry. With a strong presence as an influencer and marketing expert in the Marine Industry, he has made a significant impact in the field. Additionally, Steve is the original creator and co-founder of Sportfishtrader. Prior to his career as a marine photographer, he gained extensive experience as a licensed boat and car dealer in South Florida.
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At JMMS, we survey yachts. (We’re not ship inspectors who look at yachts in their spare time: we are full-time yacht survey experts .)
By ‘yachts’ we mean luxury motor yachts, sailing monohulls and multihulls, power catamarans, race boats and weekenders.
Pre-purchase surveys are our speciality; but we also carry out damage assessment, investigate claims for insurance companies, inspect commercial and charter vessels, and manage repair and restoration projects.
Surveyor Jamie Morrison is a qualified specialist with over 30 years of experience in the marine industry. In addition to marine surveys, his background features yacht repair and restoration, sailboat rigging, international offshore racing and worldwide boat deliveries. He is a certified Yachtmaster, and a of the International Institute of Marine Surveying. |
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We offer a full range of survey options, including:
- Pre-purchase surveys
- General condition surveys
- Damage inspections
- Insurance surveys
- Claims assessment
- New boat commissioning surveys
- Unloading surveys
- Preliminary in-water inspections for boat buyers
- Yacht owner tutorials and deliveries
- Offshore cruising boat surveys
For more details on these and other services we offer, please view the Survey Options page
email: [email protected]
JM Marine Surveys Singapore +65 8540 0835 (mobile and Whatsapp) +60 196 073 644 (mobile and Whatsapp) Company no. 201404814R PO Box 711, Harbourfront Centre Post Office, 910934 Singapore
Australia: JM Marine Survey
0437 389 320 / +61 437 389 320 (mobile) ABN: 50967492201 PO Box 300, Seaforth, NSW 2092, Australia
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How Much Does it Cost to Buy a Yacht in Singapore?
How much does it cost to buy a yacht in Singapore? Well, expect to pay more than the cost of the yacht itself. There are also other expenses that you should take into consideration. This article will discuss just that.
If you want to invest as an expat or high-net-worth individual, which is what i specialize in, you can email me ([email protected]) or use WhatsApp (+44-7393-450-837).
Introduction
Living on a yacht in the marinas of Singapore and sailing beyond them may be one of the things you’re looking most forward to. You may have already tried renting a yacht and experienced first-hand what it feels like to have one. And, with the experience that traveling by sea gives, you might just want to keep coming back for more.
Over time, the cost of renting a yacht can add up. It also gives you less freedom to sail whenever and wherever you desire. Because of this, you just may be wondering how to buy a yacht for yourself. Read more to find out how you can start this exciting journey ahead and how much it will cost you.
On average, a new yacht costs $1,219,884 SGD ($887,453.05 USD), while a second-hand yacht costs $683,783 SGD ($497,445.09 USD). However, there are listings that can go as low as $45,773.84 SGD ($33,300 USD) and as high as $40,239,190.57 SGD ($29,185,058 USD).
Apart from size and age, the cost of a yacht in Singapore is dependent on various factors. First, it depends on whether the yacht is brand new or secondhand. If purchasing a secondhand yacht, determine if the previous owner was a yacht charter company or a private individual.
Yacht charter companies regularly sell their newly bought yachts in order to replace them with the latest models. This ensures that they offer the best to their customers. For buyers, this means you can find an ex-charter yacht that has been well-maintained, especially if it comes from a reputable charter company. Though upfront costs can be lower, you will also need to consider the cost of repairs. Given that it has been for public use, the interior and exterior are prone to wear and tear.
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Second, the type of yacht also matters. The main types of luxury charter yachts are motor, sailing, catamaran, and gulet.
Third, just as a car from luxury brands such as Audi and Tesla is more expensive, the company that manufactured the yacht also dictates its price. There are different brands to choose from when deciding on what luxury yacht to buy. In line with this, the yacht designer, who meticulously crafted the details of the yacht, also plays a part in its value.
What Other Costs Should I Keep in Mind When Buying a Yacht in Singapore?
Apart from the cost of the yacht itself, there are other expenses that you should factor into your budget. These are listed below.
1. Fees to rent a berth and obtain membership in a marina
There are relevant rental fees charged for individuals who intend to berth their yacht at a marina. In Singapore, there are different marinas that you can choose from, such as the following:
- One°15 Marina Club
- Marina at Keppel Bay
- Raffles Marina
- Republic of Singapore Yacht Club
- SAF Yacht Club
- Marina Country Club (Punggol)
- Changi Sailing Club
Each has its own services for berthing, additional amenities, and fees charged. For example, berthing a 50-to-60-foot yacht at ONE°15 Marina costs between $1,920 SGD and $2,300 SGD per month for members. But on average, you can expect to pay anywhere from $480 SGD to $1,500 SGD per month.
For those who plan to anchor their yacht, this can often be done for free. Take note that this will most likely come with restrictions, depending on where you are. Furthermore, there may also come a time when you decide to store your yacht on land. This would similarly incur expenses to rent space in a storage facility.
![How Much Does it Cost to Buy a Yacht in Singapore? 2 one marina](https://adamfayed.com/wp-content/uploads/2022/04/one-marina-1024x576.jpg)
2. Maintenance and repairs of the yacht
For those buying a second-hand yacht, this often involves the need to refurbish both the interior and exterior. But beyond that, all yachts will eventually need maintenance and repairs later on. Expenses for regular cleaning services should also be included. Some would say that annual maintenance costs are roughly 5–10% of the yacht’s value. However, it would still depend on the frequency of use of the yacht and the weather conditions it is exposed to.
Expect to pay around $1,500 SGD to $2,000 SGD every month. This includes costs for fuel and repairs, should you use your yacht every weekend. The aforementioned amounts still lean toward what you can at least expect, so it may be more than that.
3. Equipment and accessories
Safety and communication equipment are must-haves when owning a yacht. This ensures that you’re well-prepared for unexpected situations should they arise. In general, it would be wise to keep a life jacket, a first aid kit, mooring lines and fenders, spare fuel, and others. Apart from that, batteries, pumps, lights, and oil are often recurring costs.
4. Insurance for the yacht
An insurance policy is a prerequisite for all yacht owners prior to the issuance of a pleasure craft license. The appropriate insurance coverage for your yacht will be determined by its size, age, docking place, and how it will be used. Some would advise having enough insurance to purchase a new yacht. This becomes beneficial in the unfortunate event that the whole of your yacht becomes damaged beyond repair or gets lost.
More often than not, insurance plans shoulder the costs associated with damage and/or loss of the yacht, legal liabilities to affected parties, and for the owners of the yacht themselves. Basic insurance plans usually cost $1,200 annually, at the minimum.
5. Getting a Pleasure Craft License and a Driving License
A pleasure craft refers to any craft that will be used within the port of Singapore for the purposes of sports or leisure. This excludes a craft used to board passengers who will go on sightseeing tours for a fee. When licensed by the Maritime and Port Authority (MPA), the pleasure craft will be prefixed with “SZ.” This indicates that the craft is licensed for private use. The license fee costs between $30.00 and $100.00 per year.
![How Much Does it Cost to Buy a Yacht in Singapore? 3 driving a yacht](https://adamfayed.com/wp-content/uploads/2022/04/driving-a-yacht-1024x462.jpg)
Apart from that, the person driving the yacht himself must apply for a powered pleasure craft driving license (PPCDL) or an Advanced Powered Pleasure Craft Driving Licence (APPCDL). Prior to the application of a license, the following eligibility criteria must be met:
- Must be at least 16 or 18 years of age
- Must have completed a recognized course about the handling of a powered pleasure craft
- Must have obtained a valid medical certificate
- Must have completed the PPCDL or APPCDL examinations administered by the Singapore Maritime Academy (SMA)
On average, the courses cost $350, which includes both theoretical and practical lessons. Apart from that, the license examination fees cost between $20.00 and $100.00, while the issuance of the driving license costs $10.00 or $20.00.
With this, be prepared to spend at least $50,000 per year to own a yacht in Singapore. This price gives you the most affordable yacht there is, so it would be better to expect more than that. When you do decide to buy one, you will also have the option of earning money by renting it out. But even when this is not the case, living on the water and being able to explore by sea can make it well worth the investment.
Pained by financial indecision? Want to invest with Adam?
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This website is not designed for American resident readers, or for people from any country where buying investments or distributing such information is illegal. This website is not a solicitation to invest, nor tax, legal, financial or investment advice. We only deal with investors who are expats or high-net-worth/self-certified individuals, on a non-solicitation basis. Not for the retail market.
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Reimagining Yacht Software Simplified For Everyone
Explore the platform with our interactive demo, stay organised & in control everything you need for any workflow.
From planning projects to tracking progress, see how you can make sure nothing falls through the cracks. Stay focused on projects and tasks; no matter when or where you are.
Get Organised
Plan and structure project work in a way that’s best for you. Set priorities and deadlines. Share details and assign tasks.
Real-time information
Receive timely updates on projects and tasks and consolidated reports. All in one place, available and shareable when needed.
Stay on track
Follow projects and tasks through every stage. You know where work stands and can keep everyone aligned on goals.
Hit deadlines
Create visual project plans to see how every step maps out over time. Identify risks. Eliminate roadblocks. Even when plans change.
About Us
Aquator Marine was founded based on the belief that the power of yacht management software is becoming increasingly more essential. Accurate, timely and available information is critical to the safety, operability, and longevity of a yacht.
In business, we need to make informed decisions, at Aquator, we believe the same principles apply to yacht management and we, therefore, believe there is a better way. Our mission is to revolutionize the way people manage their yachts in a safer, more cost-effective and interactive way.
We combined our passions, interests, and expertise in yachting, entrepreneurship, and technology to develop Yacht Software solutions.We’re excited to simplify Yacht Management for everyone through our software, education, and community.
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Deadline-Driven, Team-Powered On Time, On Budget, On Board
Aquator Marine develops Yacht Management software with a fully configurable, collaborative and digitally secure web and mobile application.
Our software consists of extensively customisable components that can be seamlessly imported, edited and organised.
Aquator is designed for yacht owners, captains, crew and companies to support their complex workflows.
![yacht maintenance cost singapore Image 6.png](https://static.wixstatic.com/media/e59e8e_3018378c69594104bb1af37a0a93ea49~mv2.png/v1/fill/w_320,h_183,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/e59e8e_3018378c69594104bb1af37a0a93ea49~mv2.png)
Yacht Plans
Each plan comes equipped with tools to optimize yacht management.
| Save up to 15% |
< 15 m | 45 ft
The basics to get you started.
Includes ✓ 1 User ✓ Yacht Management ✓ Maintenance ✓ Equipment & Inventory ✓ File Manager ✓ Contact Management
Annual Billing
Monthly Billing
15 m - 18 m | 45 ft - 60 ft
Essential tools to manage your yacht
Starter Plus ✓ 3 Users
✓ Charter Management
✓ Passage Planning
18 m - 24 m | 60 ft - 78 ft
Advanced tools to manage your yacht
Essential Plus ✓ 6 Users
✓ Crew Management
✓ Accounting
24 m - 30 m | 78 ft - 100 ft
Comprehensive tools for professional crew
Advanced Plus
✓ Yacht Planner
> 30 m | 100 ft
All you need to manage your superyacht
✓ In/Out Board
✓ Refit Management
✓ Smart Documents ✓ SMS
Business Plans
Each plan comes equipped with tools to optimize your operations.
The Shipyard Plan provides services in New Build, Refit, Warranty, and After-Sales, supported by tailored solutions that enhance operational efficiency and ensure seamless integration with existing technologies.
Customize Your Plan With Below Modules
Yacht Management
The Yacht Management Plan provides specialized software designed to offer comprehensive support, including , safety, and finance management ensuring efficient and seamless fleet and yacht operations.
Charter Management
The Charter Management offers comprehensive software that provides dedicated support, including handling reservations, bookings, guest profiles, provisions, APA, and more, all in one integrated solution.
The Brokerage Plan offers software which includes the set up and data population of the solution to help improve the sales process, increase the overall value and give yacht owners peace of mind throughout the transaction process.
Everything You Need For Any Workflow
Easily build your ideal workflow with our modules and features. Boost your team’s alignment, efficiency, and productivity by customizing any workflow to fit your needs.
![yacht maintenance cost singapore zap.jpg](https://static.wixstatic.com/media/46dd91_428be45e751e4c41b717a12c15beb78a~mv2.jpg/v1/fill/w_42,h_42,al_c,q_80,usm_0.66_1.00_0.01,enc_auto/zap.jpg)
Streamline your work for maximum productivity
Centralise all your work, processes, tools, and files into one platform. Connect teams, bridge silos, and maintain one source of truth across your fleet or yacht.
Bring stakeholders together to drive impact
Collaborate effectively organization-wide to get a clear picture of all your yacht. Stay in the loop with easy-to-use automations and real-time notifications.
Stay on track to reach your goals, faster
Get a high-level overview of your yacht with customizable reports. Make confident decisions and easily scale workflows for your evolving needs.
Task Tracker
Project Progress
Plan Your Work
Work Approval
Preventative Maintenance
Guest Profiles
Preference Sheets
Server Pager
Guest Board
Smart Documents
Digitize Any Documents
Document Management
Document Editor
Revision Control
Generate Reports From Any Data
Create Custom Reports
Save Report Templates
Export in Multiple Formats
In/Out Board
Last In/Last Out Recording
Yacht Map Geo-Fencing
QR Enabled Registration
Reporting
Refit Management
Spreadsheet & Word Processor
Scrum Board & Gantt Chart
Passage Planning
Passage Preparation
Passage Plan
Passage Log
Power Usage & Fuel Management
SMS Forms
Drill Matrix
Certificate Tracking
Hours of Work & Rest
Fleet Tracker
Track your Fleet with AIS
Customize Information
Weather Overlay
Route Optimization
Yacht Planner
Upload Unlimited GA Plans
Plan Refit & Maintenance Periods
Wide Variety of Markers
Get an Overview of Any Project
Crew Management
Crew Profiles & IMO Crew Lists
Crew Scheduler
Sales Management
Purchase Management
Custom Settings
Digital SMS
Digital Forms & Checklists
New Build Management
Annotate on GA Plans
PMS System from Scratch
Use Gantt Charts and Kaban Board
Track Allocate Tasks
Yacht M anagement Software
Technical management, yacht accounting, safety management, yacht insurance, full range of services.
We offer a full range of yacht management services capable of handling the complete spectrum of yacht operations, allowing us to individually tailor the specific support and services needed.
Dedicated Support
From technical management, accounting, Insurance, safety management and crew admin, our team has the specific knowledge and experience to deliver the highest dedicated support.
Peace Of Mind
Effective checks and balances, both operationally and financially, give the Owner peace of mind that the yacht and crew is operating safely and efficiently.
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Software Services
Custom development.
Work with us to create your very own bespoke and specific features within our software.
White Label
We offer a fully branded white label experience that complements our applications.
Data Migration
We migrate any data from third-party software or excel sheets into our solution.
Digital, in-person or group training session are offered depending on the need of users.
Integrations
We go beyond just our applications by connecting to the tools you want to use.
Branded Mobile Apps
We develop your own branded apps in the apple store and Google Play Store.
Data Population
To assist with set up and ease of-use we populate any data in any format into the platform.
Account Management
Allow us to take responsibility of the data in the system, ensuring crew use the system appropriately.
![yacht maintenance cost singapore Screenshot 2024-05-30 at 10.02.27 AM.png](https://static.wixstatic.com/media/e59e8e_2b05ee91b0d546e0ba69493cbbedc694~mv2.png/v1/fill/w_978,h_550,al_c,q_90,usm_0.66_1.00_0.01,enc_auto/Screenshot%202024-05-30%20at%2010_02_27%E2%80%AFAM.png)
Yachts on the Platform
![yacht maintenance cost singapore Picture1_edited.png](https://static.wixstatic.com/media/b7238d_6056552a6b33443a8dd1c6162b5ec7a0~mv2.png/v1/crop/x_0,y_5,w_1495,h_386/fill/w_422,h_109,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/Picture1_edited.png)
Any Questions? We got Answers!
Explore the plans with our interactive demo, get started today. get more done tomorrow..
See everything the team’s doing, and make it easier for them to get important work done across a fleet or for a yacht, no matter where they are.
![yacht maintenance cost singapore 3c7427fa-01ef-44a2-a174-4c6fc09dd6d1-rem](https://static.wixstatic.com/media/6b8d75_96509949cc1f429bbccdddd627189cfa~mv2.png/v1/fill/w_304,h_68,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/3c7427fa-01ef-44a2-a174-4c6fc09dd6d1-rem.png)
Pinnacle Marine (Singapore) Pte Ltd is established since 2009, we provide a plethora of different services ranging from Ship Building, Ship Supplying, Boat Repair and Custom Fabrication. We started boat building locally under the Singapore Flag and BV classification (BV NR216) since May 2018.
Pinnacle Marine has become a pre-eminent Boat Builder over the years as our teams excel in challenging conditions and obstacles to improve our skills and experience. We satisfy our customers by providing a clear and transparent communication channel throughout the period of each project.
We differentiate ourselves from competitors by applying our value propositions:
Competitive costing
High building quality and creative innovation
Excellent track records
Highly customizable service solutions
Effective leadership and empowered team members
Our core value at Pinnacle Marine is simply to provide high-quality vessels for our valued clients. Our team exceeds expectations and go beyond to cater to clients' specific needs. We hope you’ll find what you’re looking for with our Shipping Company. For more information or general inquiries, get in touch today.
Our vision is to be the leading builder in our region, whilst uniting Singapore's Vessels & Shipping Competencies to the world.
OUR MISSION
To lead the industry with our next generation of Vessel Buildings with highly automated & advance processes
To flourish our local talents and thrive towards a higher level of technological skill
To expand beyond Singapore
DIFFERENTIATED BUILDER
Here at Pinnacle Marine, we strongly emphasize on the design, construction and operations of compact aluminium vessels necessary to stay unique the niche port/harbour and nearshore island logistics.
Pinnacle Marine is an integrated company in Singapore producing a plethora of complementary aluminium craft-based logistics services.
Our long-term experience in this industry allows us to optimize designs for port requirements whilst being cost effective.
![yacht maintenance cost singapore Picture2.png](https://static.wixstatic.com/media/6b8d75_c53494d530584beba8be37f8bd3ea22d~mv2.png/v1/crop/x_0,y_4,w_1296,h_263/fill/w_876,h_178,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/Picture2.png)
Custom Cradle Build
Water tank fabrication, custom deckhouse build, platform build.
![yacht maintenance cost singapore Picture4.png](https://static.wixstatic.com/media/6b8d75_ca5666d895d3444680999b8dec6f51e8~mv2.png/v1/crop/x_1,y_0,w_1293,h_266/fill/w_885,h_182,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/Picture4.png)
Aluminium Boat Build
Aluminium boat painted & assembly, stairway assembly.
![yacht maintenance cost singapore logo-white-trans.png](https://static.wixstatic.com/media/6b8d75_46fd07403e4f440f81108ecb2abbc3bd~mv2.png/v1/fill/w_447,h_91,al_c,q_85,enc_auto/logo-white-trans.png)
PINNACLE MARINE (SINGAPORE) PTE LTD
Address: 182 Pandan Loop
Singapore 128373
Tel: +65 6950 4756
Fax: +65 6950 4759
Email: [email protected]
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IMAGES
VIDEO
COMMENTS
Wet berthing costs are generally in the $480 to $1,500 per month range, depending on location and the size of your boat. If you are getting a club membership in order to berth your boat, you might also receive other perks like use of the club's gym. Here are the available Marinas in Singapore: Marina @ Keppel Bay. Marina Country Club.
Maintenance and repairs per month. Your maintenance costs will obviously depend on how frequently and intensively you use your boat. If you use your boat every weekend, you should budget at least $500 to $1,500 per month. This cost includes the cost of fuel and any repairs or replacements that must be made.
The annual maintenance costs for a yacht in Singapore can vary depending on the size, type, and features of the yacht. On average, you can expect to spend around $50,000 to $100,000 per year on maintenance costs. These costs include regular servicing, repairs, and storage fees. Owning a yacht in Singapore can be a great experience, but it's ...
Yacht care & maintenance services & repair works for the busy yacht owners in Singapore. We build on our years of experience in maintaining our own charter yachts to bring value to yacht owners who do not have time to care for their own yachts. ... Owners who want to save themselves the time, effort & costs of recruiting & training full-time crew.
Cost Savings. While regular maintenance does incur costs, these are generally much lower than the expenses associated with major repairs or replacements that result from neglect. Regular upkeep also helps maintain the yacht's resale value. Conclusion. Proper maintenance is crucial for enjoying your yacht's potential to the fullest.
Best Boat Repair in Singapore, Singapore - Aaron Marina Solutions, Teck Heng Long Marine Supplies, GOS, Axsys Technologies, Beng Kuang Marine, Al-Meridian Marine Services LLP, Macmarine Services, North American Boat Services, West Squadron Marine Services, Outboard Motor Service
Marina Yacht Services. Marina Yacht Services (MYS) operates a full service yard repair and service yard, with covered sheds and a 70 ton travel lift. It has the largest chandlery in Singapore, located within the marina's premises which stocks just about everything.
If you're thinking of buying a yacht closer to 100 feet (30.5m), your berthing options increase - but the three other marinas in Singapore with space for yachts of this size. When Raffles Marina opens its CIQP facility in October, it may become a more attractive alternative to ONE°15.
Reach out, we'd be happy to hear from you! +65 9247 8847. At Hans Yacht Services Pte Ltd, besides Yacht Charter, our Yacht Management services include Yacht Maintenance & Repair, Yacht Cleaning as well as Yacht-related Immigration & Administrative matters. We also provide for local and overseas Yacht Trips as well as Yacht Deliveries.
Annual pre-season checks and preparations for an Oyster may include: Sails valeted. A visual check of your rigging or official survey of your yacht rig, if in commercial use. Engines and generators serviced. All systems checked over - e.g. air-conditioning, refrigeration, LPG, electrics, and electronics.
Berthing charges are based on berth length or length of boat, whichever is the longer. Maintenance fee is included and calculated at S$4 per foot on whichever longer basis. Water and electricity are charged according to metered usage at each wet berth. Multi-hulls are charged at 1.5 times the berthing rates for berth alongside and 2 times if ...
We have successfully worked and have been appointed as the warranty and service centre for leading vessel makers in the region. Our scope of work: Hull repairs in steel, aluminium, fibreglass and wood on the dock. Afloat repairs at our waterfront. Engineering, fitting and piping works. Spray painting works. Carpentry and caulking.
Please approach front desk for assistance at +65 6768 9288 or contact Marina Office at +65 67689233/290/305. After Office Hour, for any urgent matters, kindly contact Security on +65 6768 9494 or Front Desk on +65 67689288. +65 6768 9489. Fax: +65 6768 9230. Email: [email protected].
At Trident Services, we take pride in being the leading marine maintenance provider in Singapore. With over 25 years of experience servicing the marine industry, we have developed specialized expertise that enables us to deliver unparalleled quality and value to our clients. About US.
Overall, the average price to charter a standard yacht for a day in Singapore is S$1,660. If you want to increase the duration of your rental, some charters will let you pay extra per hour (average of S$292 per hour). If you want to do an overnight stay, some companies will let you do a 2D1N or 3D2N stay for S$5,000-S$8,000.
Owning a yacht is a significant investment that requires not only a large initial purchase price but also ongoing costs. From maintenance and repairs to captain crew salaries and berthing fees, the expenses of owning a yacht can add up quickly. ... a small used yacht under 40 feet in Singapore could range from SGD 50,000 to SGD 400,000 or more ...
Marine Yacht Services Singapore is a local company with an ethos of transparency and reliability. ... Fibreglass Repair/ Yacht/boat Builder/ Seagull 0 In Singapore. Communication/ Electronics/ Navigation/ JJ Tango Electronics 0 In Singapore. Engineering/ Engines/ Generators/
For a 30-foot yacht, annual maintenance costs can range from $20,000 to $30,000, with storage fees averaging between $10 and $15 per foot in a typical marina. Yacht management fees can be a worthwhile investment for yacht owners, ranging from $10,000 to $50,000 per year. Yacht management companies help streamline the ownership experience, save ...
In addition to marine surveys, his background features yacht repair and restoration, sailboat rigging, international offshore racing and worldwide boat deliveries. He is a ... 910934 Singapore. Australia: JM Marine Survey. 0437 389 320 / +61 437 389 320 (mobile) ABN: 50967492201
Key expenses include routine maintenance and repairs, which start at 2% of the yacht's value and can rise to 7.5% by the tenth year, marina fees ranging from $2,000 to $6,000, and significant fuel costs, with larger yachts consuming over 500 liters per hour.
On average, a new yacht costs $1,219,884 SGD ($887,453.05 USD), while a second-hand yacht costs $683,783 SGD ($497,445.09 USD). However, there are listings that can go as low as $45,773.84 SGD ($33,300 USD) and as high as $40,239,190.57 SGD ($29,185,058 USD). Apart from size and age, the cost of a yacht in Singapore is dependent on various factors.
Aquator Marine develops Yacht Management software with a fully configurable, collaborative and digitally secure web and mobile application. Our software consists of extensively customisable components that can be seamlessly imported, edited and organised. Aquator is designed for yacht owners, captains, crew and companies to support their ...
ABOUT US. Pinnacle Marine (Singapore) Pte Ltd is established since 2009, we provide a plethora of different services ranging from Ship Building, Ship Supplying, Boat Repair and Custom Fabrication. We started boat building locally under the Singapore Flag and BV classification (BV NR216) since May 2018. Pinnacle Marine has become a pre-eminent ...