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MillionPlus Journal

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Market intelligence, case studies and expert commentary on property, luxury asset finance, crypto-backed lending and private wealth.

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Yachts28 July 2026

How to finance a superyacht: loan structures and lender options

Financing a superyacht is a strategic decision for UHNWIs, involving specialised marine mortgages or asset-backed loans from private banks and specialist lenders.

Yachts24 June 2026

What is the difference between summer and winter yacht seasons?

The primary difference between summer and winter yacht seasons lies in their geography and timing, dictated by climate. The summer 'Med season' runs from May to October in the Mediterranean, while the winter 'Caribbean season' runs from November to April, avoiding the respective regions' adverse weather.

Yachts24 June 2026

What are expedition yachts and why are they trending in 2026?

Expedition yachts are robust, long-range vessels designed for exploring the world's most remote regions. In 2026, they are trending among UHNW individuals due to a growing desire for unique experiences, enhanced privacy, and advancements in sustainable technology.

Yachts22 June 2026

What is the APA on a superyacht charter?

The Advance Provisioning Allowance (APA) is a standard superyacht charter expense, typically 25-35% of the base fee, used to cover variable costs like fuel, food, and port fees. It operates as a transparent fund managed by the captain to create a seamless, bespoke experience for the charterer.

Yachts22 June 2026

How much should you tip a superyacht crew?

The industry standard for a superyacht crew tip is 10-20% of the base charter fee, depending on the region and the quality of service. This guide explains the nuances of crew gratuity etiquette.

Yachts22 June 2026

Can You Make a Profit Chartering Out Your Superyacht?

Chartering your superyacht is an effective way to offset significant operational expenses, but it is not a profit-making investment. This guide explores the real costs, potential revenue, and financial realities of placing your vessel on the charter market.

Yachts22 June 2026

Why do superyachts fly Cayman Islands and Red Ensign flags?

Superyachts often fly Cayman Islands and Red Ensign flags to leverage a prestigious, stable, and secure regulatory framework combined with significant financial and operational advantages. This choice offers the global protection of a British ship while benefiting from the Cayman Islands' tax-neutral environment and flexible crewing laws.

Yachts22 June 2026

What is the most expensive part of running a superyacht?

The single most expensive part of running a superyacht is the crew. Crew salaries and associated costs consistently account for 40% to 50% of a vessel's total annual operating budget.

Yachts22 June 2026

What is the 10 percent rule in superyacht ownership?

The 10% rule in superyacht ownership is a widely accepted guideline stating that the annual running costs of a yacht will amount to approximately 10% of its initial purchase price. This figure covers everything from crew salaries and maintenance to insurance and mooring fees.

Yachts8 June 2026

How to finance a superyacht: loan structures and lender options

Financing a superyacht involves securing a specialised loan, typically a marine mortgage or asset-backed facility, from a private bank or specialist marine lender. The process requires extensive due diligence on both the borrower and the vessel.

Yachts11 May 2026

What is the difference between summer and winter yacht seasons?

The primary difference between yacht seasons lies in their geography and timing, dictated by climate. The summer or 'Med season' (May-October) is focused on the Mediterranean, while the winter or 'Caribbean season' (November-April) shifts to the Caribbean, Bahamas, and other tropical locales to follow optimal weather.

Yachts11 May 2026

What are expedition yachts and why are they trending in 2026?

An expedition yacht is a robustly built vessel designed for long-range, autonomous cruising to the world's most remote destinations, featuring a strengthened hull and specialised equipment. Discover why they are the leading trend for UHNW individuals in 2026.

Yachts7 May 2026

What is the APA on a superyacht charter?

The Advance Provisioning Allowance (APA) is a standard fund, typically 30-40% of the charter fee, used by the captain to cover variable expenses like fuel, food, and port fees on your behalf.

Yachts7 May 2026

How much should you tip a superyacht crew?

The industry standard for tipping a superyacht crew is 5-20% of the base charter fee, reflecting service quality. Gratuity is given to the captain for fair distribution among all crew members.

Yachts6 May 2026

Can you make a profit chartering out your superyacht?

It is exceptionally rare to make a net profit from chartering a superyacht. Chartering is a financial strategy for cost mitigation, allowing owners to offset a substantial portion of annual operating expenses, not a profit-generating investment.

Yachts6 May 2026

What is a superyacht refit and how much does it cost?

A superyacht refit is a comprehensive overhaul of a vessel's technical systems, interior, or structure, typically costing between 5% and 20% of the yacht's value. The process involves extensive planning, shipyard work, and significant financial investment to upgrade, modernise, or repair the yacht beyond routine maintenance.

Yachts5 May 2026

How much does fuel cost for a 50m superyacht?

A 50m superyacht can cost between £150,000 and £250,000 for a single fill-up, with hourly fuel consumption at cruising speed costing £750 to £1,500, making it a primary operational expense.

Yachts5 May 2026

Why do superyachts fly Cayman Islands and Red Ensign flags?

Superyachts frequently fly the Cayman Islands and other Red Ensign flags due to a combination of tax neutrality, a stable English Common Law legal system, robust corporate structures, and the prestige and protection associated with the British maritime registry.

Yachts5 May 2026

What is the most expensive part of running a superyacht?

The single most expensive part of running a superyacht is the crew. Crew costs, encompassing salaries, benefits, and training, consistently account for 40% to 50% of the total annual operating budget.

Yachts5 May 2026

What is the 10 percent rule in superyacht ownership?

The 10 percent rule states that the annual running cost of a superyacht is approximately 10% of its initial purchase price. This widely used benchmark covers everything from crew salaries and fuel to insurance and maintenance, providing a crucial starting point for prospective owners to budget for the significant operational expenses involved.