Sardinia Luxury Tax on Mediterranean Yacht Charter Vessels Abolished

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From time to time, we like to take a light-hearted look at the world of yachting. Yacht names inspired by love is always a hoot. We still chuckle at the comments we get about our salmon skin blog [Yes, some luxury yacht charter vessels DO use salmon skin for upholstery. NO, it doesn’t smell fishy!!!].
Let’s have some fun and play a game about well-known NFL owners and their personal superyachts. For every correct answer give yourself 1 to 5 points, depending upon the degree of difficulty. At the end of the blog, we’ll tell you what you win based on your total points. Let’s get started!!!
Jerry Jones, Dallas Cowboys owner and his superyacht
This is a multiple choice question (3 points):
In January, 2020, presidential candidate Elizabeth Warren takes aim and calls out an NFL owner and his purchase of a superyacht. On Twitter she says,
“This billionaire NFL owner just paid $100M for a ‘superyacht’ with its own iMax theater. I’m pretty sure he can pay my new #UltraMillionaireTax to help the millions of yacht-less Americans struggling with student loan debt.”
Is the owner:
The answer is…
(scroll down)
True or False (2 points)
Arthur Blank the owner of the Atlanta Falcons built two tenders to shuttle passengers to and from his superyacht. True of False? Blank named the tenders, “Molly” and “Max,” the names of his parents?
The answer is…
(scroll down)
TRUE
Blank actually built three tenders for his superyacht. Here is his explanation as to the names he selected for his tenders:
“I personally, carefully chose the names of our three beautiful custom Compass tenders. ‘Soul Purpose’ reflects how being at sea stirs the soul to dream of peace and happiness and a higher purpose in life. The other two tenders, ‘Max’ and ‘Molly’ were named in honor of my parents, which is my way of revering their memory and keeping them forever close to me wherever I travel. They both loved the ocean. I am sure they would have gotten a kick out of knowing I lent their names to such worthy recipients.”
Match Game (4 points)
This game is fairly straightforward, but easy to get incorrect. Match the name of the yacht owner with the name of the yacht he owns:
Name of Owner Name of Yacht
Daniel Snyder Kismet
Shad Khan Bravo Eugenia
Arthur Blank DreAMBoat
Jerry Jones Lady S
The answer is…
(scroll down)
Daniel Snyder owns motor yacht LADY S
Shad Khan owns motor yacht KISMET
Arthur Blank owns motor yacht DreAMBoat
Jerry Jones owns motor yacht BRAVO EUGENIA
Now, let’s take a look at the NFL Owners Superyacht Club.
Did you answer all three questions correctly? If yes, you have 9 points and clearly know way too much trivial information about yachts and NFL yacht owners!!!! Just kidding! At 1-800 Yacht Charters, EVERYONE is a winner! Send an email to us at info@1800yachtcharters.com, and we’ll send you a Eco-Hero tote bag and a luxurious champagne-colored computer stylus pen. Thanks for playing!!!
In conclusion, it is time to plan your family or friends yacht charter. No time like the present to get started and plan for wonderful things in the future. Please contact us today at https://1800yachtcharters.com/book-now-contact-us/. We are standing by.
This entry was posted in Good Times News Educational and tagged billionaire, Daniel Snyder, #denverbroncos, yacht names inspired by love, yacht owner, Arthur Blank, Molly the tender, Stephen Ross, Atlanta Falcons, Max the tender, Miami Dolphins, #atlantafalcons, IMAX theatre, #miamidolphins, Lady S, Shad Khan, 8k tv, #washingtonredskins, Bravo Eugenia, Who are Molly and Max?, Stan Kroenke, Dreamboat, Elizabeth Warren, Los Angeles Rams, Jerry Jones, NFL owners, Espen Oeino, #losangelesrams, Terrence Disdale, Ultra Millionaire Tax, kismet, Patrick Bowlen, #ultramillionairetax, Washington Redskins, Denver Broncos
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“When these difficult times return to normal, our family is interested in booking a yacht charter for late summer in Greece.
We’re worried if unforeseen coronna (sp) virus issues could arise we might be forced to cancel, and we don’t want to lose our deposits.
Is there anything we can do to protect ourselves?”
-Vanessa A, East Fallowfield, PA
“Hi, Vanessa. The short and simple answer is:
‘YES. There are things 1-800 Yacht Charters can do to protect you should you need to cancel your charter due to Covid-19 issues.’
There are insurance products available for trip cancellations, but they are not uniform in their coverage options. I have developed and implemented a 2-part strategy to protect our clients.
1. FREE Cancellation Policy (penalty-free Covid-19 refund policy)
2. Modified Charter Contracts with a Covid-19 protection addendum
You can stop reading here, and know we’ve got your back. Please read on, if you want a more in-depth explanation…”
–Jana L Sheeder, President, 1-800 Yacht Charters
As a general rule, yacht charter contracts are written to protect the yacht owner and his/her asset (the yacht). This is in the event of damages or cancellations. The rationale is simple. Specifically, the client may be paying thousands of dollars to enjoy a vacation on a yacht. However, the owner’s exposure is far greater. Moreover, many yachts are worth millions of dollars. Owners wisely use a well-crafted, legal charter agreement to protect themselves.
One example of how owners protect themselves is known as the “Force majeure provision.” This clause is inserted into most luxury yacht charter agreements. It gives the owner the right to cancel a charter due to “Acts of God.” These are acts/events that prohibit the yacht and crew from proceeding with the charter.
Understanding Force Majeure in Yacht Charter Agreements
This relates to the Covid-19 virus situation. Under the force majeure provision, a yacht owner has to return the charter money to the customer. This is if the yacht cannot perform due to marina closures, virus-infected crew members etc. That’s good news for the charter customer. However…
IF the charterer is the one who cancels, things work differently. Even due to Covid-19 issues (for instance, due to a quarantine or flight cancellation), the Owner has the right to claim ALL of the installments paid and due from the Charterer. In other words, the Charterer forfeits any and all monies paid to date for the charter! The owner is not obligated to reschedule or to give the funds back.
We believe that the force majure provision is the main reason potential charterers withdrew their inquiries for spring and early summer. Some clients willingly canceled their trips. They know they would lose their initial deposits. They wanted to stop the bleeding now. Stop it before second and third deposits were due as the charter dates draw closer.
1-800 Yacht Charters now offers a penalty-free Covid-19 refund policy* on a large selection of luxury charter yachts. To insure the yacht owners comply, we prepare an addendum to the standard charter agreement. This addendum clearly states the owner of the yacht agrees to a full refund. This is if the charterer is forced to cancel due to Covid-19 issues.
Now charterers can protect their deposits in 2 ways. They can either reschedule their trip(s) to a future date or receive a complete refund.
Would you like to review the Covid-19 charter addendum? Send an email request to info@1800yachtcharters.com today. Please include your full name and phone number in your email. In conclusion, we have your back. Our team at 1-800 Yacht Charters values your business and vacations. We protect you.
*This new policy does not apply to all yachts. It also may depend upon the charter destination and charter dates. Certain restrictions apply. Please check with your yacht charter consultant before proceeding with your reservation. More importantly, clarify this before making any deposits or payments.
This entry was posted in News Educational and tagged contract clauses, trip cancellation insurance, What if I cancel my yacht charter?, luxury yacht charter agreements, Jana L. Sheeder, 1-800 Yacht Charters opinion, owners rights, Covid-19, How does Force Majeure Provision work?, client rights, yacht charter client rights, yacht charter owner rights, Acts of God, strategy, client protection, yacht charter refunds, contract addendum, trip cancellation, Force Majeure, president of 1-800 Yacht Charters, how am i protected for yacht charter booking?
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Can you imagine a reality-based TV show that chronicles the lives of crew members who live aboard a luxury yacht charter vessel? The cameras follow the shipmates as they prepare the yacht for the arrival of their charter clients. Of course, like all intriguing reality shows, there needs to be plenty of personal conflict. Maybe the drama could come from the challenges of living together in tight quarters, for weeks at a time?
Creators Rebecca Taylor-Henning and Doug Henning imagined just such a show. They pitched their idea to the executives at cable network, Bravo. They named their show, Below Deck.
Bravo liked what they saw. Television audiences did as well.
Below Deck is now in its seventh season. A spin-off show, Below Deck – Mediterranean is in its third season. A second spinoff is premiering its first season in 2020: Below Deck – Sailing Yacht.
BELOW DECK CREW – BRAVO TV – REALITY SHOW
Seven power (not sail) superyachts have appeared in the Below Deck series.
Motor Yacht HONOR
OHANA superyacht
Motor Vessel MUSTANG SALLY
Power Yacht VALOR
Motor Yacht IONIAN PRINCESS
Superyacht SIROCCO
Motor Yacht TALISMAN MAITON
Let’s look back at the seven luxury yacht charter vessels. These boats helped propel Below Deck to the top of the cable TV ratings. For instance,
First and foremost is HONOR. The real name of this gorgeous Benetti yacht is CUOR DI LEONE. This 164 foot superyacht build is Italian company, Benetti Yachts. It has been seven years since the yacht appeared on Below Deck. In December, 2013, the yacht was sold and her name changed to LUMIERE. Many websites show the yacht as active in charter, however this is not correct. In April , 2019, the yacht was once again sold. Her name is now SOTAVENTO. The current owner keeps the yacht for personal use only. She is not for charter.
Point of Interest – When LUMIERE was sold, her owner replaced her with a larger Benetti yacht. LUMIERE II (ex-Mine Games) is 62 meters (203 feet) and is available for charter at a rate of €345,000 to €365,000/week
This 154 foot yacht builder is Admiral Marine Works, from 1998. She was sold shortly after season 2 filming was completed in 2014. Her new name is motor yacht RHINO. Furthermore, the yacht is based in West Palm Beach. She is offered for charter at a weekly rate of $140,000 to $150,000.
Trinity yacht MUSTANG SALLY was “cast” in the role of EROS for season three. The 161ft yacht was sold in July, 2017. Her name is now HUNTER, and contrary to some company reports, she is no longer available for charter.
Point of Interest – You can uniquely own a piece of TV history. MUSTANG SALLY is currently for sale. Asking price: $12,900,000.
The role of VALOR was played by motor yacht CHARADE. This yacht appeared in both seasons four and five. The yacht was built in 1990 in Holland by Feadship. The yacht owner changed her name in October, 2017. Specifically, she is now named BG. The yacht is based in Miami and charters primarily in the Bahamas. Her weekly rate is $169,500.
Point of Interest – “BG” are the initials of the yacht’s owner, Bobby Genovese. Genovese owns BG Signature, a collection of 12 luxury retreats in the United States, Canada, Europe, South America, and the Bahamas. Genovese operates a second yacht for charter, a 78 foot Lazzara named, BG Jr.
This 151 foot yacht was selected to launch the premier season of Below Deck Mediterranean in 2016. The episode was filmed in Greece. In addition, the yacht has the same name and same owner since her launch in 2005. The vessel is no longer based in Greece. Now, she is based in Nassau and is available for Bahamas yacht charters. The weekly rate is $160,000.
The second yacht to appear in Below Deck Mediterranean (season two) is the 154 foot SIROCCO. The yacht launched in 2006 and completely remodeled in 2013. She is still an active charter yacht, and is based in the western Mediterranean. The weekly charter rates starts at €180,000/wk. Thus yacht is willing to accept charters in a broad area within the overall Mediterranean. Charters may begin in any of these following destinations. For example,
Corsica
French Riviera
Monaco
Italy – North (mainland), Sardinia, Sicily, and South (mainland)
Provence Coast & Marseilles
Last but not least, Talisman is the largest superyacht to appear to date on either Below Deck or Below Deck Mediterranean. The yacht was built in Turkey by Proteksan Yachts. She was launched in 2006, and refit in 2012. The vessel is nearly 176 feet long (about 54 meters). Her home port is the South of France, and she remains an active charter yacht. The weekly rate starts at €231,000
Point of Interest – This yacht is popular for special events such as a Monaco Grand Prix yacht charter. Many yachts only allow 12 passengers onboard. This yacht can have up to 60 guests onboard – as long as the yacht is at the dock and not in motion.
Below Deck Sailing yacht, Parsifal III (“Par 3”)
The third version of Below Deck is now airing. Specifically, Below Deck – Sailing Yacht. The new season premiered in February, 2020. It is still too soon to tell if viewers will gravitate to a sailing yacht as the center of activity. All past episodes of this series have taken place on motoryachts.
The yacht for this new spin-off is PARSIFAL III. She is a 176 foot sailing yacht, and it should be noted that she is as large as the largest yacht ever on the show. “Par III” is a Perini Navi Italian build. The vessel’s launch date is 2005, with a refit in 2012. There are 5 guest cabins for 10 passengers. Charters are accepted in the western Mediterranean. Her weekly rental rate ranges between €195,000 and €205,000.
In conclusion, start planning your yacht charter on a Below Deck superyacht. Our team stands by ready to arrange The Superyacht Experience™. Contact us at https://1800yachtcharters.com/book-now-contact-us/ today to start.
#yachtcharter #belowdeck #bravotv
This entry was posted in News and tagged bravo, Hunter, bravo tv, Feadship, Charade, Sirocco, mustang sally, BG, Below Deck Mediterranean, mine games, BG Signature, Below Deck Sailing Yacht, Parsifal III, Bobby Genovese, Proteksan Yachts, Talisman Maiton, Ionian Princess, Valor, Cuor di Leone, Par3, Eros, Ohana, Below Deck, Lumiere, Lumiere II, reality tv, Sotavento
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