Thanks to Finance Monthly for this:
How much does it cost to transport a yacht or ship? It’s not a simple answer, as many factors must be taken into account.
1 – Distance
The distance of the transport route can have a huge impact on cost. Longer trips will generally cost more, as they involve greater fuel expenditures and longer periods spent in transit. For example, Atlantic yacht transport will cost around $7-12 per nautical mile, while a 3,000nm trip will cost between $21,000 and $36,000. Also, there can be additional costs if the yacht needs to travel through multiple countries. If you’re transporting your yacht over land, you’ll also need to factor in the cost of a truck and trailer.
2 – Size & Weight
The size and weight of the yacht or ship will affect its transportation cost. Larger vessels require more fuel, and heavier ships need specialized equipment for launch and recovery. The overall cost can vary depending on how many pieces the ship needs to be divided into for transport. Additionally, any extra pieces added to the vessel such as antennas or radar systems will add to the cost. While smaller ships may only cost several hundred dollars or less, larger vessels can cost upwards of $15,000 to transport. It’s important to factor in these costs when planning for the transportation of your yacht or ship.
3 – Type of Ship/Yacht
The type of vessel you own will also affect its transportation cost. Luxury yachts usually require more labor, equipment, and special handling due to their large size and intricate parts. On the other hand, small sailboats are generally easier to move because they don’t need as much space or equipment for transport. Also, some ships require specialized cranes for launch and recovery, which can add to the cost. If you’re transporting a racing boat, it will likely require extra care and attention due to its speed and maneuverability. This will also add to the overall cost.
4 – Seasonal Rates
If you plan to transport your vessel during the off-season, this can be a great way to save money. The demand for maritime transportation is usually lower due to fewer boats in the water and thus less competition among transporters. During these times, you may find reduced rates as well as more available scheduling options. Be aware however that more extreme weather conditions can make operations difficult in certain regions at specific times of the year. Thus, it’s important to do your research when selecting a time frame and transportation route for your vessel. While seasonal rates may offer some savings, they come with the risk of delays or cancellations should bad weather occur.
5 – Insurance
Insurance is a must if you’re looking to transport your yacht or ship. It’s wise to check the insurance coverage that comes with your transport package, as well as investigate additional third-party coverage options if necessary. You should also make sure the transporter has adequate liability insurance in case of any damages that occur during transit. In most cases, the transporter will require that you provide proof of insurance before they begin transporting your vessel. Insurance costs can vary significantly depending on the size and value of the yacht or ship being transported, as well as its destination, so it pays to shop around for the best rates.
6 – Additional Fees
In addition to the base transportation fees, you may be charged additional fees for services such as launch and recovery, documentation preparation, customs clearance, and port charges. Depending on the size, route, and type of vessel being transported, these fees can add up quickly. It’s important to factor in all of these additional costs when calculating your overall transport cost. Additionally, most transporters require a deposit before they will begin transporting your yacht or ship. This is generally refundable after delivery but should be taken into account when budgeting for the transport job.
Cross Chartering Yacht Transport (offices in Florida and Belgium)