What is the 10% rule for yachts?
The “10% Rule” is a common guideline that suggests you budget around 10% of your yacht’s purchase price per year for running costs and maintenance . In plain English: a yacht that cost $500,000 might cost roughly $50,000 each year to own and operate. A 50 ft yacht generally incurs an annual cost of around 10% of its purchase price. Yacht owners can expect to spend approximately $50,000 to $100,000 per year on docking, insurance, fuel, cleaning, and minor repairs.For solo travelers, yachts around 35–40 feet provide adequate space and manageability. For couples or small groups, 40–50-foot yachts balance comfort, stability, and provisions storage. Larger yachts over 50 feet offer additional amenities and luxury but require larger crews for efficient operation.
What is the rule 14 in sailing?
Rule 14 makes it clear that the right-of-way boat or one entitled to room or mark-room can hold her course until it becomes “clear” that the other boat is not going to keep clear or give room or mark-room. Rule 14 – Avoiding Contact “A boat shall avoid contact with another boat if reasonably possible. However, a right-of-way boat or one sailing within the room or mark-room to which she is entitled need not act to avoid contact until it is clear that the other boat is not keeping clear or giving room or mark-room.Under Rule 19, the right-of-way boat gets to choose which side to pass an obstruction. The outside boat must give inside overlapped boats room to pass an obstruction. This does not apply at a continuing obstruction if the inside boat becomes overlapped from clear astern with no room to pass.