The Catamaran Company

Quality Charter Catamarans

The Ultimate Yacht Exchange Program
 
Experience worldwide cruising by exchanging a week’s worth of income on another yacht in another location.
 

Our owners have placed their yachts in our fleet over others from the standpoint that we offer unprecedented customer service both in yacht maintenance and friendly professional service while they are at our base in The British Virgin Islands.

We have recognized that though our owners do take great pride in their yachts and sailing them, there is the occasional yearning to see another part of the world while under a yacht management arrangement. YACHT EXCHANGE™ has been designed to accommodate these risks.!

YACHT EXCHANGE™is an option to your yacht management agreement where no fees are attached but does require registration. Our past owners, current owners and future owners come to us for specific reasons, the best catamaran ONLY charter fleet in the industry! We continue to offer the personalized, quality service that one would expect from the best. An intimate environment where ownership pride is still paramount. YACHT EXCHANGE™ now furthers the potential experience.

View Yacht Exchange Agreement
View Premeir Bareboat Management Agreement
View Crewed Yacht Management Agreement
 

Click here to view worldwide destinations
 
8 reasons why our Yacht Exchange works:
  • Charter anywhere in the world by utilizing earned revenue from your yacht
  • Trade in your week with no out of pocket expense
  • Earn surplus revenue if you choose a less expensive yacht than your own
  • Apply your surplus to mandatory extras and optional extras.
  • View & choose from  100’s of catamarans online available worldwide
  • Let us help you with your itineraries, FAQ’s and more
  • Charter worldwide on an unlimited basis. 
  • Available on bareboat or crewed catamarans
 
HIGH OUTPUT PERCENTAGE OF INCOME AGAINST EXPENSE
The Catamaran Company offers the highest rate percentage return of charter revenues than any other company in the industry. Our “ 77/23 ” program for bareboat charter owners has been aligned with that of the Crewed Yacht Industry and simply can not be beat

5 good reasons to consider our program

  1. Choice of make, model & equipment
  2. Customer Service
  3. Potential Tax Benefits
  4. Maximum charter revenue
  5. Yacht Exchange Program

For detailed info on the above click here
 
TRADE YOUR CHARTER REVENUE

Our “Yacht Exchange Policy” gives those owners the opportunity to trade time out against charter potential on an unlimited basis literally worldwide. Please feel free to review our link to sample Performa for both the crewed and bareboat fleet. These are samples in that due to the flexibility of our programs, makes models and equipment can require adjustments. I am sure that you might have questions related to these Proforma and policies so please feel free to contact us at 954-566-9806 or e-mail at info@catamarans.com

CLICK HERE FOR BAREBOAT PROFORMA
CLICK HERE FOR CREWED PROFORMA
 
 

We have put together some FAQ’s & EXAMPLES that Owners often ask & request when they want to venture out of Tortola and try a  sailing vacation in a different more exotic location.   The Catamaran Company is the only charter company that allows such choice and flexibility. 

Click her to view destinations & Itineraries
 

What is YACHT EXCHANGE™

For those owners participating in our 77/23% program, you can now simply name a location and the type of sailing vacation you want and simply exchange your yacht’s time for another yacht’s time, allowing you to sail the world. It’s just that simple. Want a week in the Mediterranean? No problem! Just let us know when and where.

We will work with you to develop an outstanding opportunity to live your dream. No down side, a week for week exchange of owner’s usage where the only variable might be in turn-around fees and the cost of available waterside services like diving, water toys, insurance, etc.... This is an exchange based upon comparable size. Want to try a larger yacht for the experience? You pay just the difference in charter rate. What a great way to get a feel for what may be your next yacht along with a dream vacation       

 
HOW DOES IT WORK?

If you the owner decide to charter your own boat you earn no revenue during this time and will pay the normal turnaround fees.

Click here to view definition of turnaround

If you would like to visit an alternative location like Bahamas, Seychelles or even Tahiti, you may cash in your net revenue

Click here to view definition of net revenue>>

and apply it to a week at your destination choice and pay no turnaround fees.

NO OUT OF POCKET EXPENSE

One of the many advantages to this program is that you do not have to advance any funds for your future charter.  We will apply the net revenue from a charter that is reserved on your yacht in Tortola.  In some cases you may even earn more revenue if the yacht you reserve is less expensive than your own…

 

EXAMPLE OF NET REVENUE

Say you decide to purchase a Lagoon 440 that has four cabins with four ensuite heads/showers.  You decide to equip the boat with Air Conditioning, flat screen TV’s and some other top end appliances.  You also decide that your yacht will be available 11 months of the year.  With this description, it is safe to say that you should earn at least 26 weeks on your catamaran earning top dollar.  Your yacht will most likely be booked solid from December though July still allowing your to charter your yacht 5 – 6 weeks a year.

 In august you will see a decline in bookings and nothing in September due to the base closed for annual yacht maintenance.   You will then see a steady increase heading up to December.  The rates vary from season to season. Typically  there are four seasons.  High, mid high, Mid Low, Low.  Rates  vary from $8300 to $6000 depending on competition, boat shows, and special offers.

Click here to view  bareboat Tortola Rates
Click her to view crewed charter rates

As an owner you will normally receive your revenue on the 15th of the following month your charter took place.  You will receive your net revenue.  This means funds are sent to you after we deduct Brokers commission, turnaround fees, credit card fees and any other fee you may have agreed to upon placing your yacht into charter with us.

Click her to view sample revenue statement
Click here to view charter definitions

Below is an example of what a charterer pays  and what an owner earns..( Tortola BVI, Fees based on Lagoon 440 in Season A – High: 

Click here to view bareboat rate sheet
Dates Charter Fee Deductions Description Net Rev to owner
March 17 – 24 $8300 $216 Credit Card Fees $8084
New Net Revenue $8084 $1909 Manag. Fee 23% $6175
New Net Revenue $6175 $1200 Turnaround Fee $4975

TOTAL NET REVENUE $4975

You may now choose to apply $4975 to a charter reservation at any worldwide destination of your choice.  You may choose a catamaran that has a similar rate, layout and specs to your yacht. 

click here to view an invoice sent to charter customer
 
WHAT YOU CAN EXPECT FROM OUR CUSTOMER SERVICE AGENTS

The Catamaran Company will act as your Charter Broker.  We will help you decide on your location, provide unbiased input and answer all your FAQ’s to best of our knowledge.  We will ensure all paperwork is in order, all monies are transferred by deadlines and all your requests are seen to efficiently.    Detailed specs of your catamaran, itineraries, FAQ’s, tips and any other relevant information is provided to ensure a successful charter.

We then simply apply the NET revenue you have earned towards your new charter of choice.  No monies need to be collected throughout the process unless you decide on taking the optional extras offered by the other bareboat company.

CLICK HERE TO MEET JOANN HIGGINS
CLICK HERE TO MEET SOPHIE ABETEL>>
CLICK HERE TO MEET DANA CANDAL WATER
 
CAN THE NET REVENUE BE APPLIED TO THE ENTIRE CHARTER AMOUNT?

The net revenue earned from your yacht in Tortola will only be applied to our ‘partners’ rental fee.  As you are now the charterer and not the owner of this vessel, you are responsible in adhering to the ‘partners’ (other company) policies.

 

WHAT ARE THE HIDDEN FEES?

Upon booking a bareboat charter you have mandatory extras and optional extras that you may choose to purchase.  As you are now the charterer, you are responsible in purchasing their optional holiday insurance, mandatory security insurance, fuel, provisioning and any other additional fee.  The rental fee will be covered by your NET revenue.

Usually when deciding on a crewed charter all expenses are included in the charter fee like meals, watersports and bar.  ( only taxes may be due upon arrival)

Click here to view example of mandatory extras etc..>>
Click here to view FAQ’s for a crewed sailing vacation
 

EXAMPLE OF THE YACHT EXCHANGE

You decide to book the following in the Bahamas with The Moorings:
Description Start End Days Qty. Amount
Moorings 4300 - Exclusive 17-MAR-07 23-MAR-07 6   $4,770.00
Fuel (Included)
Ice & Water (Included)
         
Security Insurance >= 42'+Cats ( Mandatory)     6 1 $205.00

Charter Care Protection Plan
(Optional)

    1 9 $809.55

Local/VAT Tax
Mandatory – payable at base.

    1 1 $190.80
pp to date: $5,974.80

The $4975 earned from your yacht in Tortola is applied to Rental Fee only of the above Bahamas Charter Fee. Therefore if the Bahamas charter rental fee is $4770 and your net revenue earned in Tortola is $4975 means you just made a surplus revenue of $205.

You are responsible in purchasing the security insurance, protection plan and local/vat tax( Local tax payable upon arrival at the base and therefore not included in example below)

EXAMPLE:

You may apply your surplus revenue to the mandatory extras:

Cato Rental Fee Bahamas Rental Fee Total
$4975 ( Net Revenue) $4770 + $205
$205 ( surplus Revenue) $205 ( Sec. Insur) $0.

No monies need to be transferred or owed as we have successfully applied your NET Revenue against a catamaran located in a different part of the world.