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  2. Bering 72

    Bering 72

    Annapolis, Maryland
    2023
    $662,500

    Did the Pandemic have you dreaming of far-off destinations? According to National Geographic, 71% of the World is covered by oceans leaving you with endless adventures.  The pandemic caused a shift for me making me realize life is too short not to live it every day. There are still so many journeys I would like to take, so many places for me to explore and so here I am as an Expedition Yacht fan starting the new Bering Expedition Club (BEC). Why am I starting the BEC? Alexei Mikhaylov the CEO of Bering Yachts set out to build the world’s best yachts within a specific size range. He has achieved this goal and turned Bering into what it is today—the premiere Expedition Boat within the 72-145 Feet class. Bering focuses on three pillars: safety, comfort and reliability using the best naval architecture possible and builds boats using steel and aluminum. Simply put, Bering Yachts are unmatched in their class. You can learn much more through the countless Youtube Videos or on the Bering site. Alexei originally started Bering by building a Bering 55 but eventually the sizes and the subsequent prices started creeping forward. A Bering 50 was sketched but due to low market demand it was never launched. Recently the 65, which was the defacto baby of the fleet, was removed from the range. This leaves the Bering 72 as the entry level and most economical of the Expedition Fleet. It is the optimal size for a BEC boat—a CE A boat with a 4,500 nautical range, cruising speed of 8 knots, up to 4/5+1 cabins, and a perfect boat to live the global expedition dream. The 72 will be purchased and shared through a fractional program with 4-8 like-minded adventure seeking owners. Here is the link: https://beringyachts.com/models/bering-72/ It is my hope the BEC will be become a community of like-minded adventurers who want to explore oceans and build long lasting memories and friendships. My goal is to find partners on the East Coast of the US so that the boat is based between New England/Mid-Atlantic Chesapeake Bay Summer and Florida/Caribbean Winter (and of course wherever your adventures might lead you). The fractional partner and crew will aid in developing adventure itineraries and numerous group events will be planned to aid in the social aspect of the BEC. Who is the Fractional Partner? I will be working a leading Fractional Company Seanet or Monacle (depending on the number of partners) to manage the purchase and general ongoing management of the Bering 72. Each company allows a different number of partners but has very similar management programs. I hope this club will be become a community of like-minded adventurers who want to explore oceans and build long lasting memories for themselves and their families/friends. My goal is to find partners on the East Coast of the US so that the boat is based between New England/Mid-Atlantic Chesapeake Bay Summer and Florida/Caribbean Winter (and of course wherever your adventures might lead you). Here is the detail from one of the potential fractional companies, Seanet: SeaNet’s “unique co-ownership program provides a responsible way of owning a yacht, enabling co-owners to make the most of their time on-board. Avoid the annual fees of year-round mooring, maintenance costs, insurance, crew and winter storage with SeaNet’s smart co-ownership model which enables up to four individuals to enjoy the benefits of owning a yacht. SeaNet recognizes the importance of maximizing the time spent on the water therefore all yachts feature a range of equipment and inflatables for water sports, such as water skiing, paddle boarding, seabob, snorkeling and diving equipment. SeaNet’s “comprehensive management team ensures that co-owners’ time on-board their yacht is as seamless as possible. The team includes an experienced rotating crew to provide the highest standard of service. SeaNet makes sure that every element from planning, logistics and maintenance, to their full concierge service offers co-owners peace of mind and an exceptional yachting journey.” What are the cost and usage details? Each share will be roughly $1.35M with shared expenses each year for 4 partners and $662,500 for 8 partners. This will include 72 days per year (4 partners) or 36 (8 partners) on the yacht managed by a fractional scheduling system. Partners could choose to buy more than 1 share. The Annual Operating Costs with 2 full time crew going between Mid-Atlantic/New England and Florida/Caribbean be around $500,000 per year (shared amongst the group) based on another Seanet program on a new similar sized yacht. Although the boat will mostly be used by separate owners, it is my hope that sometimes part of the group will use the group together. Note: Some Annual Operating Costs can be deferred by allowing the boat to charter a portion of the year. Next Steps? Respond to this Ad if interested and tell me why you think you’d be a great fit for the BEC. Are you interested in a 1/8th or 1/4 partnership? I have further information I can send about Bering and a Seanet FAQ with more information on the reservation system, boat budget logistics, and much more. I look forward to meeting you. Lastly, not everyone has 5.3M to live the explorer dream--and with the BEC we can live that dream together in a more financially feasible way.  

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