FrontRunners: Fractional Feadship

<< Back to Robb Report, May 2006
  • Michael Schulze

Suddenly, a feadship yacht is within easier reach. The Dutch boatbuilder, which typically parts with its vessels for $20 million or more, now has joined with Monocle Fractional Yachts (954.563.5808, www.monocleyachts.com) to offer three boats on a fractional ownership basis.

For a portion of the cost of the yacht, one can gain part ownership of a 128-foot steel craft (about $2.5 million for a one-tenth share), a 137-foot all-aluminum craft (about $2.7 million), or the sweeping, 150-foot Vantage F45 (about $3 million). Each share provides a month-per-year’s use of the vessel, which a seven-person crew operates. The aluminum and steel yachts will be available in 2007, the F45 in 2008. Monocle will handle all scheduling issues.

Monocle director of operations Loren Simkowitz observes that fractional ownership offers several advantages over chartering, particularly the equity that can be resold. “We feel that we’re opening the world of yachting to everyone,” he says. “It’s like having your own private cruise ship.”

From Around the Web...
Riva and Fiat team up to create a car that’s a pleasure cruise to drive…
Damen Yacht Support will showcase their newest support vessel at this year’s Monaco Yacht Show…
Whether in search of fine wines or architectural masterpieces, these two cruises have you covered…
The Shaddai concept features an owner’s suite cantilevered 125 feet above the aft deck…
Admiral announces the silent new 164-foot superyacht Ouranos…
Gulfstream is making stops around the country this summer to show off a full-scale G600 cabin…
©ACEA 2016/Photo by Ricardo Pinto
Fukuoka, Japan, will host Louis Vuitton America’s Cup World Series…
From French Polynesia to Antarctica, here are some unique destinations to cruise this summer…
Jeff Brown
Coral Ocean is a prime example of how elegance never grows old…
The 55-foot boat’s seating, materials, and layout are all fair game for customization…