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Things to Consider when Buying Cruise Ships for Sale

Things to Consider when Buying Cruise Ships for Sale

  • February 11, 2019

You need to have deep pockets to be able to buy a cruise ship. The good thing about it is that an increasing number of buyers are showing interests in buying cruise ships for sale.

The price of 2ND HAND cruise ships range from 2 to 350 million USD and are available in different shapes, sizes and designs. There is hardly a cruise ship that comes at a price that is less than a few million USD. Those interested to buy a cruise ship should ready to finance the purchase. You only need to find out your price range.

How to Buy Cruise Ships

The Price of a Cruise Ship

The price of a cruise ship depends on the size of the vessel. The current largest passenger ship, the Symphony Of The Seas costs USD 1,35 billion USD. The usual cost of an average-sized newly build liner costs around 800 million USD. You could also buy ships of the 80s and 90s through ship broker companies Norway or elsewhere, as the owners of these ships moved on to better liners. A classic ship could cost you something around 10 million USD or more. In addition, you also need to make investment to make it fit with the current maritime safety standards and upgrade it to include all the latest amenities and make the ship fit to carry passengers. In simple terms, buying a ship is an expensive proposition.

Cruise Ships for Sale

There could be various reasons for the owner of a cruise line to go for sale of a cruise ship. It could be that the owner of the ship is unable to maintain it or the ship is outdated. Here are a few things that should be considered when buying cruise ships for sale.

Determine the type of cruise ship that matches your needs

  • Five-star Cruise ship, three-star ship, or floating ship;
  • Ocean liners; Casino ships;
  • 1,500 or 100 passenger ships;
  • The size you need – a 140-meter luxury cruise ship, or maybe a 240-meter classic cruise liner

Looking for Cruise Ships for Sale

An easy way to find cruise ships for sale is the Internet. There are specific websites that regularly advertise the sale of vessels. A popular site is https://www.norshipsale.com/. One can visit other sites on the Internet to find cruise vessels for sale.

European and Asian shipbuilding companies mostly are involved in cruise ship construction. The major shipyards include the Meyer Werft (Germany, Finland), Fincantieri (Italy), STX France, and MHI (Japan). You may require to make refitting once there is a transfer of the cruise ship. The insignia, symbols, and uniforms will differ as per the individual cruise line. You may be required to replace trademark symbols and branded items with your own name and design. You may also be needing to repurpose the ship to match your ideas. A ship repurpose is very common to make it fit for the new role, given the number of times it changes hands. Hence, you may need to repurpose a liner to the cruise ship or repurpose a cruise ship to a floating hotel. Another popular option is to have floating casinos.

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