Superyacht Design

News: Fractional Yacht Ownership Arrives At The Gulf

March 26, 2010 by Superyacht Design
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If Sheik Mubarak Al-Suwaiket is to be believed, the Fractional yacht ownership will commence shortly this year in the Gulf region. Al-Suwaiket has been the Gulf region’s partner and representative of International Yacht Collection Middle East and Trinity Yachts.

Al-Suwaiket during the latest Abu Dhabi Yacht Show remarked that the consumers can now have their own share in the yacht market with a wide variety of superyachts via yacht management of IYC Middle East.

IYC has confirmed that the ongoing discussions will let them offer fractional ownership in an array of luxury yachts to the clients. This shall also cover the Allure Shadow, IYC’s current yacht which sailed to the shores of Abu Dhabi in time for the boat show. This yacht is 67m long and principally is a sport utility craft. Allure Shadow is spacious enough to house a helicopter deck and accommodation for up to12 guests in six staterooms, each having a private balcony.

The cost of a fraction will comprise of the member’s residence in the yacht, the food, and all the direct and the indirect expenditure throughout their stay onboard.

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