Here’s how your boat can earn you an income

Oceanline Managing Director Daniel Ashforth talks to Petra Urso about the Yacht Charter Malta evolution.

Oceanline is coming in to its third year of operations and things have never looked better. The company specialises in Yacht Brokerage on the international stage, however the Charter Division remains mostly in Maltese waters and is seeing local boat owners very good financial returns. With over 30 Yachts in the fleet, all of which are locally owned are experiencing a high demand for yacht charter from 30ft up to 120ft, mostly of which are motor boats.

 

The mix of charter clients are both local Maltese and Expats people living in Malta, as well as high numbers of people choosing Malta for their holidays. The odd celeb pops up too with professional ice hockey players out on our Sunseeker Predator 62 this June, and even signer/song writer Tine Tempeh making an appearance last season opting for the Sunseeker Manhattan 50 for him and his entourage.

The preferred charter locations remain up towards Comino and Gozo, Comino’s Crystal Lagoon is the top spot for private yacht charter offering clients a more relaxed location away from the busy Blue Lagoon. Gozo’s Mgarr Marina is also very popular as a lunch spot for clients to stop off for some Mediterranean cuisine, giving the boat and the crew time to freshen up the boat while clients wine and dine. Sunset cruises are also a special experience charter clients like endure, there is nothing quite like sitting up on the flybridge feeling the wind through your hair while looking back at your wake with the sun setting beyond it.

We urge motor boat owners with boats over 30ft who would like to see an income from their boat to contact us. Chartering your boat out while you are not using it can help towards the costs of yacht owner ship, resulting in your time out on the water having no direct cost in some cases. Boats that want to join the Charter Division must have commercial status with Transport Malta and commercial insurance.

Visit the OceanLine website for more information www.oceanlinemalta.com