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 Let's first look at the definition of these terms A ship A ship is a large vessel that crosses oceans and other deep waters for commercial purposes. It carries cargo or passengers or performs specialized missions, such as defense, research, and fishing. This means that  a boat becomes a ship when it is big, it weighs at least 500 tonnes or above and it has commercial use.   A yacht The word “Yacht” comes from Dutch origin and was originally defined as a light, and fast sailing vessel used by the Dutch navy to find and capture pirates. When it comes to luxury, give it to yacht. Private recreational boats from 35 feet are actually yachts. Starting from 50 feet (15 meters), a pleasure boat is usually considered a yacht. A boat Boats are defined as “small vessels for traveling over water, propelled by oars, sails, or an engine”. So, a boat can be used for both recreational purposes and commercial ones, but it is expected to be small in size. A boat, is smaller in size and ca...

 Determining what will serve your needs and that of the people you will be spending the most time together sailing is the most important thing when considering to make a yacht or boat purchase. Read the difference between a boat and a yacht Think about the reason you need the vessel...For business, for leisure or to keep the bond between you and those close to you?  After making this crucial decision, you can now consider the important steps involved in buying the vessel.   Here's the list of the process involved in buying a yacht or boat Choose the right yacht type and decide to buy new or used  Decide on a hull material. Choose the right size Consider the Yacht's or boat's  Maintenance  Consider the draft Consider the keel Look for a proven yacht design. Dealership Experience Inspect the Boats  Sea Trials Marine Surveys Now, let's take it one after the other... 1. Choose the Right Yacht or Boat Type and Decide to Buy New or Used    There ar...

 Financial technology also known as "Fintech" refers to the organisation using new technology to compete with traditional financial methods in the delivery of financial services.These technologies include,  Artificial intelligence, blockchain, cloud computing e.t.c Financial technology has expanded both in usage and capabilities in recent years. Today, more and more businesses are investing in this type of technology investment banking to improve the overall customer experience. However, before making any fintech investment, it is crucial to understand what is driving its growth and what challenges are involved. Difference between Banks and Fintech The key difference is that Banks  must be licensed and follow a strict set of guidelines. On the other hand, no one regulatory agency oversees fintech services. This lack of oversight gives fintech companies more freedom to set their own rules and regulations. This factor, however, makes fintech companies riskier to invest in t...

Sensory deprivation tank therapy may support relaxation, improve sleep, and decrease stress, anxiety, and pain. It may have other health benefits as well. Continue reading... A floatation tank is a lightless, soundless tank filled with highly concentrated Epsom salt water heated to skin temperature. Floatation, also known as sensory deprivation, is simply the act of relaxing in a floatation tank; with all sights and sounds removed, and drifting into a meditative state that rejuvenates your mind and body.  This Tank has various names which includes; isolation tank, sensory deprivation tank, float tank, flotation tank, float pod and even a sensory attenuation tank. History: The flotation tank was first invented in 1954 by neuroscientist and psychologist John C Lilly to explore human consciousness. He wanted to experiment with sensory deprivation and discover what would happen if the brain was deprived of senses and all external stimulation. The first tank he invented involved wearing...

  Ok, let's get this straight. What is an asset? Something having value, such as a possession or property, that is owned by a person, business, or organization. An asset is also any positive feature that gives you an advantage. What do we mean by investment? 1) The outlay of money usually for income or profit, capital outlay.  2) The commitment of funds with a view to minimizing risk and safeguarding capital while earning a return compare speculation. Well, maybe for marketing purposes, some professionals might tell you it's an investment. From the above definition, we can see clearly that Yacht is not really an investment. However, this does not apply to all Yachts. Yes, you heard me right. Some Yachts can be so valuable, they appreciate with time, when properly maintained or at least keep the same value. However, you are still going to be spending a lot of money on maintenance. You can expect to spend somewhere around 10% of the value of a yacht in yearly maintenance and ru...

 Boat Transducers transmit and receive sound waves that fishfinders use to determine the depth of water, “see” fish and show bottom characteristics.  Commonly in boats, transducer is an ultrasonic transmitter and receiver in one. The sound pulse “reflects” and travels back to the boat and is then translated into usable data such as depth, structure, etc.. Sonar transducers used in Boat, are offered in three mounting styles: In hull, thru-hull and transom-mount. Transducers that attach to a trolling motor are also available. The outer shell or casing of transducers is generally plastic or bronze. Over the years, as fishfinders have become more sophisticated, so have transducers. While fixed sonar frequencies of 50kHz, 80kHz and 200kHz are still available, choices now include transducers used for high frequency scanning sonar, directional sonar and CHIRP; which stands for Compressed High Intensity Radiated Pulse sonar—a technology that can show you fish and bottom structure that...

 If you are a yacht owner or planning to become one and same time want to reduce to zero the operational costs of your yacht and receive additional income, placing a yacht into charter management is a good way to reduce the cost of the boat and also offset the cost of ownership.  The benefits include:  To exclude operating costs for own yacht or catamaran, to receive income from leasing, to provide maintenance and repair of a yacht due to a professional team, to become the owner of a new yacht for half of its cost are just a few benefits of Charter management  Full compensation for ship insurance costs The possibility of using the yacht at its own discretion in a certain period Income from renting a yacht  Full compensation of all operating costs: mooring, routine maintenance, preparation for going to sea, conservation for the winter period Full compensation of periodic and annual registration expenses The process The vessel is transferred by the owner to full ...