Discover the ins and outs of custom yacht construction from industry veteran Austin Ellingsen. Whether you're contemplating a made-to-you vessel or just curious about the process, this episode sheds light on project timelines, costs, shipyard selection, and what makes a truly personalized yacht. We address the common question: does building a custom luxury yacht cost more than a production vessel? This video details the typical timeline for a custom project, from initial design to final delivery, which can span two to five years. Join us for insights into the world of yachting and discover the nuances of custom builds versus production boats.

Contacts & Resources
📞 Consult with Austin: https://youtube.currentyachts.com/consult-austin
📲 Buy your next yacht with Current Yachts: https://youtube.currentyachts.com/buy
🎥 Our podcast Full Displacement helps educate yacht sellers and buyers, and shares what is happening in the yacht brokerage market: https://www.youtube.com/playlist?list=PLXcE3-wOQgN8C7VGybRHBjzf9uZsr6tPs

Key Takeaways
🛥️ Why buyers choose custom yachts over production vessels
📆 Typical project timelines vary depending on complexity and shipyard scheduling
💵 The sweet post on cost to build is around the $3-4 million mark
🛳️ Different hull materials: fiberglass, aluminum, and steel — pros and cons for various uses
🏭 The importance of selecting reputable shipyards and Austin’s process for evaluating and inspecting them
😀 Managing client expectations: balancing dreams with practicality, constraints, and design revisions
⚓️ The role of the project manager or consultant during the build, ensuring quality and adherence to specifications
✍🏼 Payment structure and risk mitigation: deposit schedules, financing options, and contractual safeguards
🔍 The significance of shipyard reputation, past projects, and avoiding scope creep

💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way.

We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first.
1️⃣ Our flat-rate selling expense replaces inflated yacht brokerage commissions.
2️⃣ Our buyer-broker representation agreement means our yacht buyers receive the unbiased guidance they need to protect their interests.
3️⃣ Our modern platform streamlines the listing intake.

🏁 The result? More transparent yacht sales, and faster, more efficient transactions.

⚓️ Discover the Current Yachts difference at https://currentyachts.com/
🛥️ Browse our inventory: https://currentyachts.com/boats/

Follow Current Yachts:
Facebook: https://www.facebook.com/currentyachts
Instagram: https://www.instagram.com/currentyachts/
Linkedin: https://www.linkedin.com/company/currentyachts/

This episode explores the similarities and differences between yacht and real estate transactions, focusing on asset valuation and depreciation, regulation and licensing, as well as tax implications. The conversation also covers how these high-value assets are bought and sold, providing valuable insights for buyers, sellers, and industry professionals.

Resources:
📺 Watch: How co-brokerage works https://youtu.be/EEvsNv3nVH0
🎧 Listen to the episode: Tax planning when buying a yacht: https://youtu.be/bNvYndLh_Ro
⚓️ H. R. 7222 "No Tax on Boat Loan Interest Act of 2026" (Proposed legislation): https://www.congress.gov/bill/119th-congress/house-bill/7222/text
⛵️ Hire Current Yachts to represent you as a boat buyer: https://youtube.currentyachts.com/buy
🛥️ Work with Current Yacht to sell your yacht: https://youtube.currentyachts.com/sell

💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way. We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first.

⚓️ Discover the Current Yachts difference at https://currentyachts.com/
🛥️ Browse our inventory: https://currentyachts.com/boats/

Follow Current Yachts:
Facebook: https://www.facebook.com/currentyachts
Instagram: https://www.instagram.com/currentyachts/
Linkedin: https://www.linkedin.com/company/currentyachts/

Join Full Displacement as we discuss the critical aspects of rigging with Trevor Harney from Harney Yacht Rigging. The conversation covers the importance of rigging for safety and resale value, the differences between standing and running rigging, and the lifespan of various components. Trevor shares insights on assessing rigging quality, the inspection process, advancements in rigging technology, and the importance of professional inspections. The episode concludes with rapid-fire questions that reveal Trevor's passion for sailing and rigging.

Resources:
📲 Harney Rigging Services: https://currentyachts.com/resources/directory/harney-rigging-services
⛵️ Hire Current Yachts to represent you as a boat buyer: https://youtube.currentyachts.com/buy
🛥️ Work with Current Yacht to sell your yacht: https://youtube.currentyachts.com/sell

Key Takeaways:
🛟 Rigging is often overlooked but crucial for safety.
🗓️ Standing rigging typically lasts 10 to 15 years depending on conditions.
🔎 Inspect chain plates for signs of water ingress and rot.
⚓️ It's important to replace rigging in pairs for even tension.
⚙️ Quality hardware is essential for safety and performance.
🪢 Dyneema is a preferred material for running rigging.
💸 Professional inspections can prevent costly mistakes.
🤔 Understanding the difference between standing and running rigging is key.
⛵️ Maintenance is important, but lifespan is also affected by environmental factors.
💵 Investing in rigging inspections is just as important as car maintenance.

💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way.

🎥 Our podcast Full Displacement helps educate yacht sellers and buyers, and shares what is happening in the yacht brokerage market: https://www.youtube.com/playlist?list=PLXcE3-wOQgN8C7VGybRHBjzf9uZsr6tPs

We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first.
⚓️ Discover the Current Yachts difference at https://currentyachts.com/
🛥️ Browse our inventory: https://currentyachts.com/boats/

Follow Current Yachts:
Facebook: https://www.facebook.com/currentyachts
Instagram: https://www.instagram.com/currentyachts/
Linkedin: https://www.linkedin.com/company/currentyachts/

In this episode of the Current Yachts podcast, hosts Maryline and Amanda welcome Phillip Winter to discuss the innovative Island Spirit 525E, a fully electric catamaran built in Thailand. Phillip shares his extensive background in the boating industry, highlighting the evolution of electric propulsion and the challenges it has faced, such as range anxiety and technological limitations. He explains how Island Spirit has addressed these issues with significant advancements in battery technology, allowing for longer ranges and better performance compared to traditional hybrid systems. The conversation also covers the history of Island Spirit as a brand, its manufacturing in Thailand, and the advantages of its unique hull design, which contributes to the boat's efficiency and durability.

Key Takeaways:
🪫 Range anxiety is a major factor in the adoption of electric catamarans.
⚡️ Electric propulsion is gaining traction in the boating industry but is lagging behind electric cars.
🔋 The Island Spirit 525E is a fully electric catamaran with significant range and features a staggering 210 kilowatt-hour battery bank.
⚓️ Battery technology advancements are crucial for electric boating.
🔌 Full electric systems offer simplicity compared to hybrid systems.
⛵️ Island Spirit's design focuses on efficiency and performance.
💪 The hull design of Island Spirit 525E enhances structural integrity.
☀️ Charging options include solar, shore power, and hydro generation.
🗺️ Real-world sailing experiences highlight the boat's capabilities.
💵 Electric catamarans can be cost-effective in the long run.
⏰ Battery lifespan can exceed 10 years with proper management.

💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way.

🎥 Our podcast Full Displacement helps educate yacht sellers and buyers, and shares what is happening in the yacht brokerage market: https://www.youtube.com/playlist?list=PLXcE3-wOQgN8C7VGybRHBjzf9uZsr6tPs

We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first. How?

1️⃣ Our flat-rate selling expense replaces inflated yacht brokerage commissions. And the buyer-side commission (called co-brokerage) only gets paid if a co-broker is present.

2️⃣ Our buyer-broker representation agreement means our yacht buyers receive the unbiased guidance they need to protect their interests.

3️⃣ Our modern platform streamlines the listing intake process including an listing agreement you can generate and signed digitally within minutes. Our platform ensures real-time communication with a dedicated team and provides analytics for all parties.

🏁 The result? More transparent yacht sales, and faster, more efficient transactions.

⚓️ Discover the Current Yachts difference & follow Current Yachts:

🛥️ Browse our inventory: https://currentyachts.com/boats/
Facebook: https://www.facebook.com/currentyachts
Instagram: https://www.instagram.com/currentyachts/
Linkedin: https://www.linkedin.com/company/currentyachts/

Meet the founders of BoatyBall, and learn all about the innovative mooring reservation platform they designed for the British Virgin Islands. In this episode, we dig into the origins of BoatyBall, the challenges faced in implementing the system, and the dynamics of demand and user engagement. The conversation also covers the balance between reservable and first-come-first-serve moorings, the importance of maintenance, and how they handle customer service and conflict resolution.Ty and Bob highlight the importance of reliable connectivity, customer service, and the value of their membership program, which includes medical evacuation coverage and other perks. The introduction of the anchor alarm feature aims to enhance safety for boaters. They also share tips for users to optimize their mooring reservations and discuss the impact of their service on the BVI cruising experience, including collaboration with local businesses.

Key Takewaways:
📍 BoatyBall is a reservation platform for moorings in the BVI.
💡 The idea for BoatyBall originated from a frustrating experience with mooring balls.
🤔 Initial challenges included understanding the existing mooring system.
⚓️ Demand for reservable moorings has significantly increased since launch.
❌ Cancellations have risen due to users reserving multiple moorings for the same boat.
💰 A $15 annual membership is now required to reserve moorings.
🛥️ First-come-first-serve moorings still exist alongside reservable ones.
⛓️ Maintenance of moorings is crucial for safety and trust.
👏🏼 Membership provides value beyond just mooring reservations.
🚑 Medical evacuation coverage is a crucial benefit for members.
🍹 The membership includes perks like free drinks at local bars.
⏰ The anchor alarm feature enhances safety for boaters.
⏳ Users should reserve moorings early to avoid competition.
⛵️Transient sailors can benefit from the service but have different needs.
👍🏼 Collaboration with local businesses helps improve the overall experience.
💵 The service aims to reduce cash transactions and improve efficiency.

💭 WHO IS CURRENT YACHTS? We are a full service yacht brokerage company located in Fort Lauderdale, Florida, and Annapolis, Maryland. Our licensed and bonded professional brokers assist yacht sellers and buyers every step of the way.

🎥 Our podcast Full Displacement helps educate yacht sellers and buyers, and shares what is happening in the yacht brokerage market: https://www.youtube.com/playlist?list=PLXcE3-wOQgN8C7VGybRHBjzf9uZsr6tPs

We are revolutionizing yacht sales by offering a transparent, service-based pricing model that puts yacht buyers and sellers first.

⚓️ Discover the Current Yachts difference at https://currentyachts.com/
🛥️ Browse our inventory: https://currentyachts.com/boats/

Follow Current Yachts:
Facebook: https://www.facebook.com/currentyachts
Instagram: https://www.instagram.com/currentyachts/
Linkedin: https://www.linkedin.com/company/currentyachts/

In this episode of Full Displacement, the hosts from Current Yachts speak with Greg Koski from Ullman Sails about the essential aspects of sails for sailors and cruisers.

They discuss Greg's extensive background in the sail-making industry, the impact of recent industry consolidations, and the various costs associated with sail ownership. he importance of sail materials, how to assess the condition of sails before purchasing a boat, and the best practices for sail care and maintenance. Greg also shares insights on sail production and quality control, emphasizing the importance of preventative maintenance for a successful sailing experience.

Contact & Resources:
Greg Koski & Ullman Sails: https://currentyachts.com/resources/directory/ullman-sails-mid-atlantic-midwest

Key Takeaways:
⛵️ Sails are crucial for the performance of a sailboat.
💰 Understanding sail costs is essential for new boat owners.
🧵 Sail materials significantly affect the price and performance.
🫧 Regular maintenance can extend the life of sails.
🔎 Assessing sail condition is vital before purchasing a boat.
🧼 Sail care includes cleaning and proper storage techniques.
👍🏼 Quality control is important in sail production.
🤔 Sailmakers should educate customers on proper sail handling.
🪡 Preventative maintenance is key to avoiding costly repairs.
🌊 Sail ownership involves understanding the ongoing costs and needs.

About Current Yachts

Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?
1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.
2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.
3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.

💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions.

We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.

Discover the Current Yachts difference: professional service without the bloated pricing. Join us at https://currentyachts.com/

Follow Current Yachts:
Facebook: https://www.facebook.com/currentyachts
Instagram: https://www.instagram.com/currentyachts/
Linkedin: https://www.linkedin.com/company/currentyachts/

Browse our inventory: https://currentyachts.com/boats/

Captain Dietmar shares the inspiring story of the Ocean Posse, a community of sailors that began in 2017 with just 15 boats in Mexico and has since grown to over 2,000 members worldwide. He discusses the importance of camaraderie among cruisers, the challenges of boat ownership, and the invaluable support provided by the Ocean Posse in terms of safety and information sharing. The conversation also touches on the future of the organization, including plans for expansion and future partnerships.

Contacts & Resources
🗺️ Explore the Ocean Posse: https://oceanposse.com/
📩 Ocean Posse Members: Watch your inbox for an announcement to come regarding the collaboration of the Ocean Posse with Current Yachts!
🛥️ Looking to buy or sell your boat? Contact Current Yachts: https://currentyachts.com/contact

Key Takeaways
⛵️ The Ocean Posse started in 2017 with 15 boats.
🤝 Community support reduces costs and risks for sailors.
🌊 The group is open to all ocean-going vessels, not just luxury yachts.
🏝️ Members share real-time information about safe anchorages and local resources.
🌎 The organization has grown to over 2000 members across 55 countries.
⚓️ Marina partnerships provide discounts and better service for members.
💓 The community fosters a culture of sharing experiences and learning from each other.
📣 Captain Dietmar emphasizes the importance of factual communication over opinions.
📆 The Ocean Posse hosts events to connect members and share knowledge.
📈 Future plans include expanding partnerships and creating a more structured support system.

💭 ABOUT CURRENT YACHTS
Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?
1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.
2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.
3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.

💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions.

We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.

Discover the Current Yachts difference: professional service without the bloated pricing. Join us at https://currentyachts.com/

Follow Current Yachts:
Facebook: https://www.facebook.com/currentyachts
Instagram: https://www.instagram.com/currentyachts/
Linkedin: https://www.linkedin.com/company/currentyachts/

In this episode of the Full Displacement Podcast, Maryline Bossar interviews John Schafer, an expert in sailing safety and training. They discuss John's journey into sailing, the founding of Ministry of Sailing, and the importance of safety training for sailors. The conversation covers various topics including sailing certification systems, hands-on training for new sailors, essential safety equipment for ocean cruising, first aid on board, and emergency preparedness. John emphasizes the need for proper training and understanding safety equipment.

John Schafer, Ministry of Sailing: https://currentyachts.com/resources/directory/ministry-of-sailing

Checklists including 6 Things to Do for Your New Boat: https://ministryofsailing.com/free-resources-1

US Sailing SERs: https://www.ussailing.org/competition/offshore/safety-information/ser-world-sailing-special-regulations/

⛵️ John Schafer's journey into sailing began at a young age.

⚓️ Ministry of Sailing was founded during COVID to enhance sailing safety.

🛟 Safety training is crucial for both professional and recreational sailors.

📓 Understanding safety equipment is essential for all sailors.

🌎 Hands-on experience is more valuable than just certifications.

🏆 Sailing certification systems vary, with RYA being a gold standard.

🚨 Emergency preparedness is vital for sailing organizations.

🤕 First aid training is important for long-distance cruisers.

🍺 Alcohol consumption is a major safety concern for sailors.

💭 ABOUT CURRENT YACHTS

Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?

1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.

2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.

3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.

💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions. 

We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.

Discover the Current Yachts difference: professional service without the bloated pricing. Join us at https://currentyachts.com/

Facebook: https://www.facebook.com/currentyachts

Instagram: https://www.instagram.com/currentyachts/

LinkedIn: https://www.linkedin.com/company/currentyachts/

Explore the pros and cons of buying an ex-charter boat: know the various aspects of charter programs, market conditions, maintenance standards, and the financial implications of purchasing a boat that has been in a charter fleet -- including refurbishment but also delivery and import duties. You'll learn the intricacies of buying ex-charter boats, the importance of the boat's history, how to manage expectations and avoid red flags.

Contacts and Resources: Book a free consultation with Amanda Haley, Florida-licensed yacht broker: https://calendar.app.google/kW3Jj7Uh2h2kZTT47 Buy a yacht in charter: https://currentyachts.com/buy/buy-a-yacht-in-charter Potential Tax Strategy for Yacht Buyers: https://youtu.be/bNvYndLh_Ro Charter Seasons & What to Expect from a Charter Yacht Business: https://youtu.be/r5grhvMj9zQ

Key Takeaways:

❗️ Not all charter boats are created equal.

🙏🏼 Ex-charter boats can be significantly cheaper than privately owned boats.

🛥️ Charter boats often have higher engine hours due to frequent use.

🛠️ Maintenance records are crucial when buying an ex-charter boat.

🌎 The condition of an ex charter boat can vary greatly depending on the operator.

💰 Delivery costs can be substantial when bringing a boat from afar.

✍🏼 Understanding import duties is essential for US buyers.

⛓️‍💥 Deferred maintenance can lead to costly repairs down the line.

🛏️ The layout of ex-charter boats may not always suit private use.

🔎 Not all damage is reported or documented.

✅ There's no Carfax for boats.

📆 The potential for a shorter lifespan is true.

💥 The wear and tear is significant on charter boats.

✔️ Conduct your due diligence on charter operators.

🤝 You need a trusted surveyor when buying a boat.

💸 Buying an ex-charter boat can be a great deal if done right.

💭 ABOUT CURRENT YACHTS

Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?

1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.

2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.

3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.

💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions. We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.

📩 Contact Current Yachts: https://currentyachts.com/contact

🛥️ Browse our inventory: https://currentyachts.com/boats/

Guest Coralie Benefield is a seasoned documentation agent with over 30 years of experience facilitating transactions in yachts and boats. In this episode she addresses common misconceptions regarding boat documentation and titling, offering essential boating tips for owners. This video also clarifies that a USCG documented boat does not automatically mean it's duty-paid, and that pleasure yachts typically require state registration.

Resources:

💻 American Vessel Documentation Association: https://americanvessel.com/

📩 Get in touch with Current Yachts: https://currentyachts.com/contact

Key Takeaways

🗓️ Coralie Benefield has over 30 years of experience in yacht documentation.

✍🏼 A documentation agent is crucial for smooth yacht transactions.

📋 State title and registration are often confused but serve different purposes.

🔖 Abstracts of title provide a history of the vessel's documentation.

💸 Liens on vessels can complicate ownership transfers.

🧯 Hiring a documentation agent can prevent costly mistakes.

🤝 Coralie collaborates with other agents to provide specialized services.

📄 Documentation agents handle both state and Coast Guard paperwork.

🌎 Proper documentation is essential for international yacht travel.

😌 A doc agent offers peace of mind to yacht buyers and sellers.

💭 ABOUT CURRENT YACHTS

Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?

1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.

2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.

3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.

💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions.

We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.