Superyachts are like floating mini cities, equipped with a power plant, a water treatment center and massive diesel engines. There are huge costs to maintain the yacht – fuel alone can cost $350,000 per year.
WSJ explores why superyacht owners need to spend upwards of 10% of the ship’s value each year in maintenance and other operating costs, breaking down the money behind docking fees, painting costs, and engine repairs.
0:00 How much does it cost to keep a luxury superyacht afloat?
0:41 Docking costs
1:20 Fuel costs
1:58 Maintenance costs
3:19 Crew costs
4:00 Miscellaneous costs
#Superyacht #Luxury #WSJ
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