- RT @InGoalMedia: Anyone else like to see the NHL GMs and officials pushing for smaller goalie gear come out + test it right now during hard… 2016-01-31
- Another day at the office. Gotta love #libraries https://t.co/yEnKzT74wn 2016-02-01
- Beautiful night here in #victoria inner harbour #sunset #nofilter https://t.co/WMD5Me1rGK 2016-02-01
- @Shawhelp Ang outages in Victoria? Wharf Street? 2016-02-01
- RT @dagny: I am truly humbled by the number of literary journals who have appreciated the chance to read my work 2016-02-01
- RT @appleinsider: Dutch National Police working to train anti-drone eagles https://t.co/H8p7Y7ztmp https://t.co/yUmRBrguHS 2016-02-02
- Nothing is sadder than when your favourite pen runs out of ink mid-task https://t.co/fAFhLhv8t0 2016-02-04
- RT @mattloose: https://t.co/xJyMPRvy38 2016-02-04
- RT @randal_olson: Best comment in a source code? #programming https://t.co/WcirKZQIkT 2016-02-04
- RT @organicbox: On news stands all month long @CityofStAlbert's very own @t8nmagazine – show your support of this great #local mag! https:/… 2016-02-05
- RT @lavermeer: Manuscript submitted. W00t! 2016-02-05
- February 6th people! #victoria https://t.co/vPEGxS9goZ 2016-02-06
- January in #victoria So freaking weird. https://t.co/KHX3FNN0uq 2016-01-24
- RT @ks2cool: Risk more than others think is safe. Dream more than others think is practical. Howard Schultz 2016-01-24
- RT @JoshuaHol: Libertarian Theory of Snow Removal…
(ht: @artgoldhammer) https://t.co/PxvEnV5KcH 2016-01-24
- RT @RachelNotley: We're supporting students, businesses & non-profits through STEP, which will fund ~3,000 jobs this summer:
- RT @FailedRckstr: This is the coolest video you will see today. https://t.co/Bx5LATTxio 2016-01-25
- RT @lavermeer: Very interested to learn about The Heroine #Bookstore near #YEG. #SFF with strong #women characters. https://t.co/3jaImyQpJZ… 2016-01-26
- RT @CQualtro: #BellLetsTalk Fostering active and inclusive communities helps to #endthestigma about #mentalhealth 2016-01-27
- Attending a lecture at #RBCM by Jim Daschuk on Clearing the Plains https://t.co/LZGCU5dXdS 2016-01-27
- RT @t8nmagazine: What are your fav businesses and places in #stalbert? Cast your ballot at https://t.co/MTYTup2EA6 now. #yeg 2016-01-28
- RT @KyleLoranger: Photographers shooting head shots: Please shoot wide. Your clever cropping may mean we have to rebuild shoulders in photo… 2016-01-28
- RT @YachtbrokerCox: Available number of charter yachts in BC at lowest level in 20 years, yet bookings increase. Fantastic time to own a bo… 2016-01-29
- We have Globemasters now? W00t! https://t.co/4o3CalL8QR 2016-01-30
- Not normally my thing, but this tshirt is awesome! #spock https://t.co/6NjbVeHuBq 2016-01-30
More about Kurt Vonnegut in case you’ve been living under a Sci-fi-less rock
- RT @BaenBooks: Did you know #Baen puts out dozens of #ebooks for FREE? Why don't you click on over to the Free Library and see? https://t.c… 2016-01-17
- RT @thDigitalReader: #SEAvsCAR https://t.co/30HrqAJ3KZ 2016-01-17
- It's boat-b-q time! #victoria https://t.co/MUQg2JppDw 2016-01-17
- My thought of the day. Can you imagine what the internet would've been like the day John Lennon died? I mean really imagine… 2016-01-17
- Sooooo close! Daffodils in January. https://t.co/66mUZJydzM 2016-01-18
- RT @KikkiPlanet: Could someone just advise Ric McIver to not speak again. Like ever. For the love of god STOP SPEAKING. https://t.co/bYOlj… 2016-01-18
- @ronmartinez Now I need to know. What *is* my bilge pump teaching me about technical debt? https://t.co/XzkNtp6jIu in reply to ronmartinez 2016-01-18
- RT @ronmartinez: @BruceKeith Taking on too much water or tech debt will sink your little enterprise. Also, if running a team don't trust th… 2016-01-18
- RT @BrandonTSnider: You know what you need to do so just do it. https://t.co/A3HYAwbRU3 2016-01-19
- Re DRM: “If I’m the system that applies DRM I want to be in a relationship with u where I can find u and where I know what ur doing.” #scary 2016-01-19
- RT @stephcoombs: Much talk of me & @margogoodhand losing our jobs. But this is the @edmontonjournal list as best as I know. Gutted. https:/… 2016-01-19
- I'd never seen. Thanks for that… #beautiful https://t.co/pHuNrQbjJU 2016-01-20
- RT @YYJ_Rant: @BCFerrys Uber-ferry to ply Salish Sea and Gulf Island waters in 2017. Deep discount for rowers and ordinary seamen https://t… 2016-01-20
- RT @druuuck: NASA : we were wrong , there ARE 9 planets in the Solar System
PLUTO: I'm back, baby!
NASA: because we found a new one!
- RT @Nanaimo_YCSS: Enjoy cruising, sailing and yachting in Vancouver with Nanaimo yacht charter !!!! https://t.co/I3ICe35er4 2016-01-21
- The transit bus just said we've arrived at "dead end street with no name" ? 2016-01-21
- RT @Kurt_Vonnegut: Of all the words of mice and men, the saddest are, "It might have been." 2016-01-22
- RT @BaenBooks: Did you know #Baen puts out dozens of #ebooks for FREE? https://t.co/JaH3sCAWxV 2016-01-23
- RT @FilmmakerIQ: 2 Feet of Snow in NYC #jonasblizzard https://t.co/eKvgEUmg9c 2016-01-23
- RT @arrroberts: This is everything the Hobbit movies hoped to be, and weren't. And all in 2:50 … https://t.co/OT03R9rboL 2016-01-10
- RT @Nanaimo_YCSS: Sail with us – we are already there!! – https://t.co/AtiZgvjkWg 2016-01-11
- Things I've learned: 2015 edition – https://t.co/x9X1vD176Z 2016-01-12
- So that's what happens to Fido… https://t.co/n6OCGPr0uH 2016-01-12
- RT @pro_editor: I'm looking to speak to writers who publish fan fiction for an article. If you are a #yeg area writer, I'd love to talk to … 2016-01-13
- RT @TWhartonWrites: Good stories are 80% water. Find out why at my talk tomorrow at Brain Storms @UAlbertaMuseums https://t.co/d3X7kOL9aW 2016-01-13
- RT @narratist: This made me laugh/die a little: Mulder and Scully reunite on Kimmel, are terrified of smartphones: https://t.co/3QXLLNLrQM … 2016-01-13
- RT @alcuin: See what Elizabeth I's books looked like in the @britishlibrary's book bindings database — https://t.co/o6bGI3htks https://t.co… 2016-01-13
- RT @t8nmagazine: Fill out @t8nmagazine reader survey, https://t.co/MK9LVhND3M and win #stalbert 2016-01-13
- @design4travel Ummmm… https://t.co/WV7sb33xPi 2016-01-13
- RT @Nanaimo_YCSS: “We must tell our hearts that it is ‘never for ever,’
and be happy that it’s like that…”
What a great… https… 2016-01-14
- RT @evilbmcats: In the frozen northern seas, at the lands of vikings, I descend back in time, in a Celtic winter, in a cold battle. https:/… 2016-01-14
- Lights coming back in vicharbour @ Victoria Downtown Harbour https://t.co/M8uPTKwKWV 2016-01-14
- The Beginning of the End – https://t.co/puuOArZ8xU 2016-01-15
- RT @VancityBuzz: Updated: Coast Guard locate missing person in waters off Kitsilano Beach [
https://t.co/TtnXV70Mlp https://t.co/yQxf253qjB 2016-01-15
- RT @yup_thisisyyj: #victoriaBC was a popular port of call for cruises in 2015. Can't say I blame 'em! #yyj #explorebc https://t.co/C67u2MYe… 2016-01-15
- A craftsman with a sense of place #onetree https://t.co/FiWzcuYRDO 2016-01-15
- Karma. Thought L dropped an envelope. Picked it up:$800 sitting for 30 minutes in front of… https://t.co/pnAL3NKRHI 2016-01-16
When I was boat shopping last year I came a cross a fellow selling his Tartan 41 after a year’s sabbatical with his family. Actually it wasn’t yet after. He was still 6 months from the end but he had already started to make plans. I was a bit shocked at that but, now that we are half way through our own sabbatical, it makes a bunch more sense. So now we too have been planning what to do come the end of our year in July and it looks like we have officially decided.
The three options we considered were:
Keep the boat. We’d be responsible for paying all the costs and maintenance and hopefully be able to sail her 4-6 weeks a year. But that’s not really enough sailing to justify owning a boat.
Sell the boat. The Canadian dollar is low but since boat prices are pegged to the U.S. dollar that means it is a good time to sell. We might even break even on the sale (minus all the costs we put into her). But then we would be back to square zero and, given the cost of chartering, likely back down to a max of 2 weeks sailing a year.
Put her into charter. We keep the boat but put her into charter with a local company. We are still responsible for all the costs but hopefully we get some revenue from her to offset costs. This means losing a substantial portion of the sailing season, but hopefully we still get 4-6 weeks on the shoulder.
Well, as of yesterday, we have officially decided that we are going to put her into charter for a couple of seasons and see how that goes.
The Nitty Gritty
Most of our chartering in the past has been done through Nanaimo Yacht Charters and we have a pretty good relationship with Ian, Shari and Lorraine who own and operate the business. I had done a lot of research when we first started chartering, so it was a no brainer for us to start there and, after a bit of asking around, it didn’t look like we would find a better home for Never for Ever.
They have a range of boats for offer already but it looked like the Hunter 386 would fill a good niche for them. And we know from personal experience how good their customer service is. Nanaimo is easy to reach and within striking distance of Desolation, the Sunshine Coast and the Gulf Islands. All in all I am happy with our decision. So, starting in July this year, you too can cruise the PNW and help add to Never for Ever’s story. Just click here for the listing
So what’s the deal? Well, we are responsible for turning over a fully functioning, well maintained yacht to them, equipped with a standard set of accessories like plates and cutlery, tender, outboard, safety equipment etc. and they then become responsible for maintaining the boat and finding customers to charter her out on a week by week basis. We still bear all the costs of moorage, insurance, parts, labour etc. but also receive around 60% of the revenue (See more here). They look after her in the winter season and we don’t have to worry about pretty much anything. The guys at NYC —and pretty much everyone we talked to here in the industry— are pretty upfront that, with our short season, we are unlikely to see a profit, but should, on average, pay all the maintenance and upkeep costs. Putting your boat into charter in the Caribbean or the Med with a company like Sunsail or Moorings can often pay enough to also cover payments on a new boat but that is unlikely here. That’s why you rarely see brand new boats offered for charter in the PNW. The risk, for us, is that the value of the boat will decrease over time and usage and we won’t get any of our money back out. Still, as an older boat, she is more likely to hold her current value than a newer boat would and we won’t have the costs of chartering anymore.
We are allowed to take her out whenever we want with the understanding that they have her available for at least 10 weeks and that we don’t monopolize the high season of July and August. Which makes sense because we would just be negating the whole reason for putting her into charter in the first place. We would also be responsible for turnover costs just like any other client: cleaning, boat checks etc. But the upside is that we can just show up and the boat will be ready to go. If we were on our own it would likely be a several days (or more) of maintenance and prep every time we came back to the coast before we would be able to go sailing. So if we restrict ourselves to May and June we should be able to get the best of both worlds.
The only real downside is the risk you take with letting any old yahoo take the boat out. But hell, only a few years ago we were one of those yahoos and isn’t that what insurance is for? Still, NYC is responsible for vetting charterers and ensuring they have the minimum required skills and experience.
So What’s Next
Aggravatingly enough, this does mean a few more costs to us. Obviously we will have get Never for Ever hauled and checked over before we turn her over. We will also have to invest in some cutlery and plates, a few more life jackets and replace some extra stuff like flashlights and some tools that I don’t want to leave behind. The only real big hit is that we are asked to supply a complete set of charts and navigational tools that then become the property of NYC. I get the reasoning behind it (it’s very likely to be lost or damaged through wear and attrition), but I just bought all that stuff for myself and am not sure if I want other people wrecking it and replacing it is costly. Still, NYC has offered to arrange storage for us if we want to keep our personal stuff there for our use when we are out. I will have look at the cost/benefit of that before we decided. And of course, any toys or bells and whistles we leave behind adds to the desirability of the boat and makes us more money.
But we still have 6 more months for ourselves to go. We are hoping to get in a bunch of sailing trips in February and March and are tentatively thinking we will cast off again permanently in April. I’d love to hit the Broughtons again but Puget Sound, The Broken Group off Ucuelet, and Desolation Sound are all on the list. Now that the deal is done, we can focus on enjoying our time and experiencing even more of this amazing region before the real world once again intrudes.
—Captain Why #Posts