my flag yacht

FLAG Motor yacht for sale

FLAG is a 62.3m (204.4ft) yacht delivered by the renowned Dutch shipyard Feadship, Royal Van Lent in 2000, with exterior design and engineering by De Voogt. Originally built to a Winch Design her interiors were dramatically restyled by Chahan Interior Design. Always meticulously maintained by her four highly experienced owners, she underwent her last major refit in 2012 and was subsequently awarded 'Best Refitted Yacht' at the World Superyacht Awards 2013.

FLAG is a 62.3m (204.4ft) yacht delivered by the renowned Dutch shipyard Feadship, Royal Van Lent in 2000, with exterior design and engineering by De Voogt. Originally built to a Winch Design her interiors were dramatically restyled by Chahan Interior Design. Always meticulously maintained by her four highly experienced owners, she underwent her last major refit in 2012 and was subsequently awarded 'Best Refitted Yacht' at the World Superyacht Awards 2013.

Her elegant interior design is light and welcoming with an abundance of sunlight thanks to large picture windows in both the main and bridge deck lounges. The master cabin on the main deck is full beam with separate his and hers en suite bathrooms and a private study. The remaining six guest cabins on the lower deck are all spacious and well designed with en suite bathroom facilities. In total, this yacht can comfortably sleep up to 18 guests.

A guest elevator is available for easy transportation from the lower deck through to the sun deck. The yacht’s expansive sun deck has a large pool surrounded by sunpads forward, a chef station with BBQ and pizza oven, open air dining and a sun lounge aft. There is more al fresco dining and lounges on the upper deck aft and a large lounge on the main deck aft. Guests will also find a well-equipped gym on the bridge deck.

Two 2,000hp Caterpillar diesel engines give her a top speed of 16 knots and she has a transoceanic range of 6,800nm at 12 knots. Zero speed stabilisers ensure total comfort while at anchor.

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Key features

• Seven spacious cabins offer flexible accommodations for up to 18 guests
• Guest elevator service is available to all decks
• Vast deck areas provide an array of options for entertainment including multiple al fresco dining areas and a large swimming pool on the sun deck
• Light and sophisticated interior with large picture windows offers a welcome atmosphere throughout the yacht
• An impressive transoceanic range of 6,800nm

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EUR 19,500,000† (EU VAT paid)

• Length: 58.2m (190.9ft)
• Guests: 12 guests in 6 cabins
• Built: 2005
• Proteksan Turquoise

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FLAG Yacht – Magnificent $45M Superyacht

The $45 million Feadship was delivered from the shipyard in 2000 and features interior design from Chahan Minassian and RWD.

De Voogt Naval Architects penned her naval architecture. The yacht offers an incredible experience of the superyacht lifestyle for guests with its areas for relaxation and numerous features for fun on the water.

FLAG yacht interior

Chahan Minassian from Chahan Interior Design designed the interior of the FLAG Yacht in collaboration with RWD .

Chahan Minassian is the creative director behind Ralph Lauren and many other luxury hotels and residences throughout the world.

The yacht features many tranquil interior spaces designed for relaxation and enjoying the superyacht lifestyle.

The style evokes classical designs with nautical elements throughout, giving guests the best experiences of luxury and fun on the water.

She features accommodations for 12 guests in 1 master suite on the main deck and six double cabins located on the lower deck. The yacht has crew accommodations for 16 members.

The fabulous onboard spaces include an expansive deck for relaxing under the sun with a generous pool area.

There are many social areas throughout the yacht that offer al fresco dining, a BBQ station, a pizza oven, and a bar area.

The decks are large enough for guests to enjoy sunrise or sunset yoga or use the fully equipped gym with cross trainers and weights. A jacuzzi adds to the relaxing features of the yacht for guests to enjoy.

FLAG Yacht also makes use of the expansive deck with an open-air theatre. There is plenty of excitement for guests to enjoy with the water toys and tenders on board.

These include jet skis, scuba diving equipment, towable toys, and several inflatable water toys.

FLAG Yacht features exterior design by De Voogt Naval Architects . She is a Feadship yacht that was delivered from their shipyard in 2000. The impressive yacht was refitted in 2012.

She has a white steel hull and aluminum superstructure with teak decks throughout the vessel.

Specifications

FLAG Yacht is 62.3m with a beam of 10.8m and a draft of 3.29m. The vessel has a top speed of 16 knots with a range of 3000 nautical miles.

The superyacht can cruise at a speed of 15 knots, thanks to her 2 Caterpillar engines.

The yacht has a displacement of 1078 gross tons. She features zero-speed stabilizers that make her an exceptionally comfortable experience for guests on the water by reducing the rolling motion of the vessel.

The $45 million superyacht has an annual running cost of $3 – $5 million.

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FLAG YACHT VIDEO

More About FLAG

About The FLAG Yacht Video

Discover the FLAG yacht video below , and catch a glimpse of her finely crafted details. Constructed by Feadship, and delivered in  build in 2000 and retrofit in 2022, the FLAG accommodates 18 guests in 7 staterooms, who are serviced by 18 crew. Her majestic exterior lines were designed by Feadship, and impressive interior styling is by Chahan Interior Design, creating a yacht that gleams both inside and out.

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Contact: Merle Wood | mwood(Contact us at)merlewood.com | +1-954-525-5111

* Not offered for sale or charter to U.S. residents while in U.S. waters unless under a boat show bond or in an FTZ.

Interior & Exterior FLAG Yacht Video

The FLAG yacht video reveals the designers’ vision of elegance at sea. From her detailed wood-laden interior, to the warm styling of the staterooms, each aspect of FLAG was designed to reveal the highest in luxury standards. With accommodations for 18 guests in 7 staterooms, the yacht’s layout was purposely designed to make those on board feel at home. The FLAG embodies the ideal mode of luxury travel for the most discerning yachtsmen.

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FLAG YACHT INFO

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For general information, the asking price, specifications and location, select one of the links above. Here you will find additional details about the FLAG yacht. To learn if the FLAG yacht is currently offered for charter and the weekly rate, view the  FLAG yacht charter price .

Inquire About The FLAG  Yacht For Sale

For more information related to the FLAG yacht video or for a custom yacht report, with additional FLAG yacht photos , simply contact a yacht broker at Merle Wood & Associates. Our expert team of yacht specialists are known for their experience and knowledge about yachts for sale, both luxury motor yachts and sailing yachts, worldwide.

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How to choose your yacht's flag state

If you consider buying a superyacht for international cruises and chartering in the Caribbean and the Med, your lawyer or broker will tell you to register and flag the yacht offshore.

The flag you choose to fly from your transom can have a direct bearing on your privacy, taxes, exposure to liability and boarding, the vessel’s success as a commercial enterprise, and, ultimately, your enjoyment of the yacht. So how do you decide which flag best serves your purposes? There is no simple answer that covers every owner, but some basic considerations do apply.

‘The choice of flag state has, over the last few years, become one of the most important decisions owners and/or their representatives must make,’ says Mike Dean of Isle of Man-based Döhle Yachts.

A flag state is the country or governmental entity under whose laws a vessel is registered or licensed. This can be the country in which the owner resides, or more commonly in the superyacht world, an offshore ship registry in a country with laws that are attuned to the complexities of yacht ownership and charter operations.

The flag state has the authority and responsibility to enforce regulations over vessels registered under its flag, including those relating to inspection, certification and issuance of safety and pollution prevention documents.

Offshore flagging advantages

Owners who choose to flag offshore – especially those who plan to make their yachts available for charter in the EU – can benefit in many ways, including, but not limited to, mitigation of some tax burdens, confidentiality of ownership, and reassuring lenders and insurance companies. An owner who intends to operate his vessel as a private yacht and not charter might register the vessel in his home country.

However, many popular flag states have appealing and relatively simple avenues for setting up offshore corporate structures that offer favourable taxation and liability protections under a stable fiscal and legal system. In addition they have construction, inspection and regulatory compliance regimes that can streamline the process of owning and operating a large yacht.

The choice of flag state has, over the last few years, become one of the most important decisions owners and/or their representatives must make

Mike Dean, Döhle Yachts

Registering as a private yacht with a non-EU flag also allows an owner to operate under the Temporary Importation regime in Europe in which a yacht can operate for up to 18 months without the vessel being subject to customs duties or the EU’s Value Added Tax (VAT).

Owners who intend to actively pursue charter in the world’s most popular destinations – in particular, the Med, which is ringed by EU states – and the Caribbean, will generally choose to incorporate, flag offshore and register as a commercially operated vessel.

In addition to the benefits above, such structures can allow the vessel to operate within the VAT system. VAT on charters is still chargeable to the end consumer – the charterer – but the system allows operators of legitimate charter businesses to account for their input tax in the normal business sense. For instance, if a business buys food for a charter, it will pay input tax on the supply but can deduct it as an operating expense.

Good and bad flags

Registering a yacht to operate commercially subjects it to a broad range of regulations related mainly to safety.

A flag state will generally require a yacht to be in compliance with construction standards set forth by one or more of the main classification societies such as Lloyd’s Register, American Bureau of Shipping or Det Norske Veritas, as well as meeting safety and practice standards set forth by government agencies such as the UK’s Maritime and Coastguard Agency (MCA), as applied by the relevant states’ national legislation.

Choosing a particular flag is a vastly complicated matter generally settled between an owner and his attorney, but there are some basic considerations, not the least of which is the potential for the yacht to be boarded and detained by authorities. In short, there are good flags and bad flags.

‘You need to be with a flag that can provide a solid commercial registration that’s accepted in the shipping industry and accepted by the governments of the world,’ says Ken Argent of Water’s Edge Consulting Ltd.

You need to be with a flag that can provide a solid commercial registration that’s accepted in the shipping industry and accepted by the governments of the world

Ken Argent, Water’s Edge Consulting Ltd

A wise starting point would be to choose a flag on the so-called ‘White List’ as maintained by the Paris Memorandum of Understanding on Port State Control (Paris MoU).

The Paris MoU consists of 27 participating maritime administrations and covers the waters of the European coastal states and the North Atlantic basin from North America to Europe. Its mission is to eliminate the operation of sub-standard ships through a harmonised system of port state control. There are other MoU groups around the world, with similar aims.

Port officers inspect foreign ships in the Paris MoU ports, to ensure they meet international safety, security and environmental standards, and that crew have adequate living and working conditions.

Flags on the Paris White List have demonstrated strong performance in those areas and thus, are subject to fewer boardings when they enter foreign ports.

Flags on the Grey List and Black List have been deemed deficient and risk more boardings and possible detentions. Traditionally, yachts have been a low priority for Port State Control (PSC) inspections, but since the advent of the New Inspection Regime in Paris, this is no longer the case and so it is important to choose a flag with a good PSC record and a rigorous approach to safety and certification.

A wise starting point would be to choose a flag on the so-called “White List”

‘There are rogue states that remain outside the family of civilised nations, and yachts that fly those flags are not welcomed,’ says maritime attorney Michael T. Moore. ‘Generally speaking, most civilised countries have subscribed to a web of treaties designed to protect the world’s oceans from pollution, overfishing and various other unacceptable practices. Almost all seafaring nations are on the alert for out-of-pattern flags.’

Other considerations extend beyond the prospect of being boarded. ‘Lenders and insurance companies will review a flag state’s enforcement of international environment and safety and procedures and standards, compliance with international regulations and casualty record,’ says Dean. ‘A poor record will inevitably affect the decisions of the lenders and underwriters.’

The Red Ensign Group

The brokerage and management firm Edmiston Company estimates as many as 80 per cent of large yachts are flagged in the British overseas territories commonly known as the ‘Red Ensign Group’, in particular, the Cayman Islands, Gibraltar and the Isle of Man.

Factors influencing that, says Edmiston, include prestige, tradition and history; international recognition of high standards and adherence to the Large Yacht Commercial Code; ready availability of a large number of qualified surveyors; protection of British maritime law, consular services and navy; and commercial confidentiality (the owning companies can be registered in the flag state, rather than the person who owns the yacht).

As many as 80 per cent of large yachts are flagged in the British overseas territories commonly known as the Red Ensign Group

‘The Red Ensign Group uses the UK MCA’s Large Yacht Code (LYC) as the criteria for building and equipping commercial yachts,’ says Clive Harrison of Döhle Yachts. ‘The LYC has been submitted (and accepted) to the International Maritime Organisation (IMO) as the UK’s equivalent provisions under the equivalence arrangements of several international conventions (Load Lines, SOLAS and STCW).

‘Yachts built and operated under the LYC do so under internally recognised standards,’ says Harrison, ‘whilst other jurisdictions operate their own codes, these have not been presented or accepted to the IMO. Compliance with LYC can have a positive impact on resale values.’

The Red Ensign registry with the largest number of yachts is the Cayman Islands Shipping Registry. According to Peter Southgate, Advisor, Maritime Policy and Legislation Development and Shipping Master of the Cayman Registry, service is one key to the flag’s popularity.

‘The various members of the Red Ensign Group offer a very high quality flag option for any owner, and we ensure that as a group, we do not compete on quality,’ Southgate says. ‘This leaves essentially only service and the possible effects of local restrictions. For example, the UK is an EU flag and hence, temporary importation would not be available to a UK-flagged vessel.’

Flags of different colours

Most flag registries, while either an agency of a government or acting on behalf of the government, are to some extent, in competition with each other for business and offer various angles that may benefit the needs of some owners.

The Marshall Islands allows qualified private yachts to charter up to 84 days a year, but subjects them to detailed surveys heavy on lifesaving, safety and fire fighting. They also have to have a minimum safe manning certificate for when they’re chartering.

‘We look at that as an owner trying to recoup some of his expenses – not putting his yacht into a commercial mode,’ says Eugene Sweeney, senior vice president, Yacht Operations for International Registries, Inc., which provides administrative and technical support to the Marshall Islands Maritime and Corporate Administrators.

The US flag has long been problematic for ship and yacht owners due in large part to onerous regulations and manning requirements. ‘The US flag has a very unwelcoming regime of laws and regulations that make it extremely difficult for a ship of any size to be registered,’ says Moore. Matt Ruane, director of JTC Marine and Aviation, cites some specific reasons a US flag may not appeal to owners of large yachts.

If you are tempted to use the flag of a state because you like the AK-47 image on it, resist.

Maritime attorney Michael T. Moore

‘US residents often wish to purchase yachts outside the US and register on to a non-US flag in order to avoid US sales and/or use tax,’ Ruane writes. ‘US Coast Guard legislation fails to differentiate between merchant vessels and commercial yachts, meaning most large yachts would fail to meet their “Seagoing Motor Vessel” requirements, which, in essence, apply SOLAS requirements to all vessels in excess of 300GT.

‘A US-resident master and crew are required for all large yachts, unless operating privately and outside of US waters. A US flag requires US corporate or private ownership, and the concept of nominee directors and shareholders is less understood and thus, less acceptable, essentially meaning that US corporate ownership is more transparent.’

The actual cost of flagging offshore is relatively low, provided your yacht meets class requirements, which is something an owner would want to consider especially when buying a brokerage yacht. The cost of bringing a yacht up to class can be substantial.

Choosing a flag is a matter best undertaken under counsel of a maritime attorney. There are many possible avenues depending on an owner’s intended use and other considerations, but at the end of the day, most advise sticking with the tried and true.

‘If for whatever reason you are tempted to use the flag of a state because you like the AK-47 image on it,’ says Moore, ‘resist.’

Originally published: Superyacht Owners’ Guide 2012.

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Meet flag: inside fashion designer tommy hilfiger’s $46m mega yacht for sale.

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Fashion designer Tommy Hilfiger has given the world a look inside his luxury mega yacht, which is currently on the market for $46 million.

If that sounds out of your budget, the 203-foot yacht  Flag  is also available to charter at a cost of about $402,000 to $444,000 per week for summer cruising in the Mediterranean and about $450,000 to $476,000 per week for winter cruising in the Caribbean.

For those of us who can only imagine what it is like to be able to afford that level of luxury, American content creator Enes Yilmazer has given us a sneak peek.

Yilmazer was invited aboard Flag for four days in the Bahamas and in a 51-minute  YouTube video  has given fans a detailed look at the yacht Hilfiger previously described as his “most prized possession”.

“I was chartering yachts for many years,” the fashion icon told Yilmazer.

“My friend built a yacht and the yacht was pretty fantastic, so I bought it. It was called  Faith  before and now I changed it to  Flag .

“The reason I changed it to  Flag  is because my logo of my company is a red, white and blue flag and actually because of my company I was able to buy the yacht.”

The yacht, built in 2000 by Feadship and bought by Hilfiger in 2017, has four decks and seven guest cabins.

It is advertised to sleep 12 guests  for charter , but in the  sale listing ,  Flag  is said to comfortably sleep 18 guests. There is a 17-person crew.

Hilfiger said he had “done a lot” to the yacht, including a “new galley, new tenders, new toys”.

His wife, Dee Ocleppo Hilfiger, said her favorite thing to do was swim and snorkel.

“And then I love all the toys, I love the e-foils and the jetskis. I like water skiing and I love all the sports and activities,” she said.

According to listing brokerage Burgess, the yacht comes with a water slide, trampoline, aqua park, kayaks, waterskis, a wakeboard and kneeboard, two jetskis, two SeaBobs, scuba diving equipment, and fishing and snorkeling gear.

There is also gym equipment, a jacuzzi and pool on-board.

“We’re also foodies,” Hilfiger said, describing the chef on-board as “amazing, on another level”.

The Hilfigers’ master cabin includes a kingsized bed, study, two bathrooms with heated stone floors, and a walk-in wardrobe.

Yilmazer also interviewed Bea,  Flag ’s second stewardess, about the crew’s cabins.

She explained each member of the crew shares with another person.

“So our shifts work, when we have guests on board, we work 13 hours a day with a two-hour rest,” Bea said.

“Then we always have different times of breaks so we’ll have the cabin for ourself.”

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Where to Register Your Yacht Offshore: the Ultimate Guide

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For the person who has successfully opened an offshore bank account , got a second passport and is living the lifestyle of their dreams traveling the world, the time has come to move on to the next level of flag theory.  This new level is one where the focus shifts from acquisitions that are largely for diversification purposes toward purchases meant purely to improve your lifestyle – like boating.

For many who reach this stage, the next step is to combine travel and leisure by investing in the purchase of a yacht.

Unlike buying a new car – or even a house – buying a yacht is an investment of an international nature, and deciding upon the best country for yacht registration is a decision for which you need professional advice so you do not expose your assets to unnecessary taxes and liabilities. If you go into the process uneducated, your exciting new purchase might just become nothing more than a hole in the water into which you pour unnecessary amounts of money.

As with other international strategies, the country in which you register your yacht can have an enormous effect on the amount of money you will be able to save, as well as your freedom of travel. Some countries keep you from freely traveling to other jurisdictions, others charge high tax percentages or registration fees, and others do none of those things.

Choose Your Flag Wisely

When buying a yacht,  the choice of yacht flags is one of the most important decisions you have to make because it can have a direct effect on your privacy, taxes, and your exposure to liability. Just as you would create a corporate structure to protect your other assets, you should do the same when it comes to yacht registration.

For this reason, many boat owners opt to register their yacht in places like the Cayman Islands to avoid the onerous taxes and regulations of the United States and other western governments. Panama , with its favorable registration policies, is the largest ship registry in the world  with over 9,000 ships flying its flag.

However, it’s also very important to do your due diligence in selecting a country for yacht registration by working with a professional. Once your vessel is registered in a country, all of the country’s laws will apply to your boat. Many countries that have attractive tax structures have other issues that you’ll want to avoid, such as laws that require you to hire a crew completely composed of nationals from that country.

You will also want to register your yacht in a country that is well respected by the US and the EU. If you choose a country with a bad reputation, it can limit where you are allowed to travel, or at the very least, make you subject to more detentions and inspections.

The flag state has the responsibility to enforce regulations over vessels registered under its flag, so yacht registration under countries on the Paris Memorandum of Understanding (Paris MoU) on Port State Control’s black or gray list will come under more scrutiny in inspections. Because of this, a large majority of yachts are flagged in British Overseas Territories, known as the ‘Red Ensign Group’ — including Bermuda, Gibraltar and the Isle of Man.

These countries have acceptable safety regulations for travel in EU countries, while also having more attractive tax structures than the UK. In fact, company tax is set at 0% in the Channel Islands , the Isle of Man, the Cayman Islands, and Bermuda .

This is particularly useful for those who wish to spend time in European Union waters, as vessels owned or used by EU residents are subject to the EU’s Value Added Tax (VAT). Private yacht registration with a non-EU flag allows an owner to operate under a “temporary importation structure” which allows for 18 months free of these taxes or customs duties. After the 18 months are over, the boat owner can re-apply for this status.

Bearing this in mind, let’s take a look at some of my favorite countries for yacht registration.

1.The Cayman Islands

The Cayman Islands Shipping Registry is a favorite among people who own both pleasure and commercial yachts worldwide. This ship registry has been at the Port of George Town, Cayman Islands since 1903. There are two other ports in the Cayman Islands as well: The Creek in Canyon Brac and Bloody Bay in Little Cayman.

The Merchant Shipping Law, which was revised in 2016, is the governing legislation for all boats registered in the Cayman Islands. The law offers many different types of yacht registration, including full registration, interim registration, provisional registration, a ship under construction registration, and demise charter/bareboat registration. An owner who is having a vessel built might find this convenient so he or she can register it as a boat under construction and then change to full yacht registration later.

As I mentioned above, the Cayman Islands is a part of the Red Ensign Group. This means that getting your yacht registration in the Cayman Islands flags your vessels as a British Ship, granting it protection by the British Royal Navy.

Because time is crucial for so many people, the Cayman Islands Ship Registry (CISR) can also expedite the registration process for those who need to be registered immediately if they pay their expedition fee. In addition, the CISR has representative offices in Fort Lauderdale, London, Cannes, Athens, Tokyo, and Singapore where you can have ship registry certificates issued immediately if needed.

Yachts that are registered with the Cayman Islands as pleasure yachts and are not engaged in trade are granted a License to Cruise the water of the United States which will allow them to enter, depart, and cruise within U.S. waters. These vessels will only need to report to U.S. customs when entering the country or changing customs districts.

Assuming you meet all of the required qualifications, there are no restrictions or rules concerning the nationality of the master or the crew of your ship.   In addition to the Cayman Islands being a tax neutral environment, the jurisdiction provides vessel owners with banking facilities and directorship services.

Overall, vessels registered in the Cayman Islands benefit from all the privileges of the British flag, while simultaneously having the tax-free and confidentiality perks of the Cayman Islands.

2. The Netherlands

Many people consider Holland to be an ideal location for yacht registration because the country is flexible and straightforward, whereas most other European countries follow stricter rules and regulations. The registration process is fast compared to that of other countries and requirements are minimal.

To register under the Dutch flag, the process is easiest if you are either an EU citizen, Swiss, Norwegian, or own a company registered in the EU.

One of the main advantages of the Netherlands is that you can be registered under the Dutch flag in as little as three days. That is why Holland is typically preferred over countries like Italy, France, and Spain where there is a longboat registration process in addition to high registration fees. A lot of yacht owners solve this problem by registering under the Dutch flag. Taxes and registration requirements in the Netherlands are minimal, allowing the whole process to be completed in three days, assuming you meet the necessary criteria.

Boat owners do not have to be of Dutch nationality, nor do they have to have a residence in the country. The only documents you must have are an ID card or passport and you must provide proof of ownership of your boat. Because so little documentation is needed, renewing your yacht registration is also a fairly simple process.

The process is easiest, however, for people who are Dutch, Swiss, Norwegian or have a company based in the EU. If you are not Dutch, Swiss, or Norwegian, and if you do not have a company registered in the EU, you can still register by paying a fee to have a United Kingdom Ltd. set up in your name.

The Ltd. will cost you 349 EUR upfront and 249 EUR every year after that. Once the Ltd. is set up, you’ll receive your registration within three to five days. The documentation needed is still the same. It only costs about 299 EUR for yacht registration in Holland if you are an EU citizen. It costs 648 EUR for non-EU citizens and your registration license can be delivered overnight anywhere in the world. Those prices include everything from the taxes to the mandatory Dutch address and all the costs for shipping and consultation.

There is also no requirement to have your boat inspected, making the vessel documentation process even simpler.

 Types of yacht registration under the Dutch flag:

     1.  Light registration

Light yacht registration is for people who want fast and easy registration for navigating EU waters. With light registration, you can only sail European Union waters and the length of your yacht may not exceed 24m.

    2.  Global registration

Global yacht registration is for yachts that will navigate outside of European Union waters, sail worldwide, or be engaged in commercial chartering. People with Global registration can sail worldwide. Global registration is also available to Swiss or Norwegian persons regardless of whether or not they have a company in the EU.

 3. The Marshall Islands

The Marshall Islands ship registry was formed in 1988. In 2001, it was expanded to allow those with commercial and private yachts to register as well, which has made the Marshall Islands a popular place to register over the last sixteen years.

The jurisdiction has also gained a lot of recognition over the years by having regional offices in major maritime cities around the world, allowing them to provide same day service to anyone, regardless of the location or time zone in which they reside.

The Marshall Islands Registry is the third-largest in the world and you can register under a one or three-year program.

You must be a Marshall Islands citizen, national, or qualified foreign maritime entity to register in the Marshall Islands. The terms “citizen” and “national” refer to Marshall Islands corporations, limited liability companies, partnerships, and associations of individuals. (You can easily complete the process to have a Marshall Islands company registered in your name so you can register your ship there.)

Assuming you complete all the necessary documents and meet all requirements, you can have your ship registered within 24 hours; you can also register your yacht as a ‘ship under construction’ if needed. You can obtain a U.S. cruising permit as a boat registered in the Marshall Islands and commercially compliant yachts can charter in Europe. In other words, you are not confined to the waters of the Marshall Islands alone, which is convenient for those who want to see more of the world.

As long as you meet proper flag requirements, yachts measuring 18m or longer that weigh less than 500 gross tons can be chartered out for up to 84 days as a private yacht limited charter (PYLC).

In addition to being white-listed under Paris and Tokyo’s MoUs, the Marshall Islands also meets the flag criteria for a low-risk ship under the Paris New Inspection Regime. Additionally, the Marshall Islands has been a part of the U.S. Coast Guard’s Qualship 21 roster for 11 consecutive years.

The Marshall Islands Registry is low tax and respected worldwide; the country is a presidential republic in free association with the United States and enjoys similar benefits to its British Overseas Territory counterparts making it a great jurisdiction for yacht registration.

Cyprus is the third largest island in the Mediterranean after Sicily and Sardinia. The country’s ship registry ranks 10th in the world with a gross tonnage of over 21 million pounds.

A ship can be registered in Cyprus if more than 50% of the shares of the registering company are owned by a Cypriot or if your company is registered in the Republic of Cyprus. An offshore company can also be registered in Cyprus if the company’s control is in the hands of Cypriots.

The Republic of Cyprus can easily register your company under their flag so you can register your yacht there. The costs of yacht registration and management are the lowest in Europe , making the jurisdiction an ideal, convenient place for many owners to register their ship.

There are many tax benefits that come with yacht registration under the Cyprus flag. An owner whose ship is registered in Cyprus is fully exempt from income taxes from operations in international waters. Additionally, no tax is payable for the wages of the crew that operates in international waters. No tax is payable on any dividend received from a shipping company in Cyprus.

Cyprus has maritime offices around the world, allowing them to work with anyone anywhere at any time. Some of their main offices are located in New York, London, Rotterdam, Piraeus, Brussels, and Hamburg. Upon registering in one of these offices, you will have the benefits of flying an EU flag, which is respected worldwide. According to the  EU registry, “Sailing under EU flags demonstrates strength and represents a strong reputation.”

Like some of the other countries I have mentioned, Cyprus has been white-listed among the Paris and Tokyo MoUs, meaning it is a high-quality flag with low risk compared to many other countries who have been gray or black-listed.

It should also be noted that Cyprus is excluded from the “list of targeted flag states,” which is kept by the U.S. Coast Guard. Cyprus’s absence from the list means that inspections of the yacht with a Cypriot flag are kept to a minimum and they will experience no unnecessary delays when entering and leaving ports.

Types of yacht registration:

Cyprus offers three types of registration, including provisional registration, permanent registration, and parallel (bareboat) registration.

       1. Provisional remains in effect for 6 months; after expiration, it can only be renewed once more for 3 more months.

       2. Permanent Yacht Registration  goes into effect 6 to 9 months from the date your yacht was provisionally registered.

      3. For Parallel / Bareboat Registration  your ship must hoist the Cyprus flag and “Limassol” must be marked as your port of registry. Parallel-in lasts for two years and is renewable. For parallel-out registration, your ship must hoist the foreign flag rather than the Cyprus flag and your port of registry must be the port of the foreign country. Parallel-out lasts for three years and is also renewable.

Liberia is the oldest democracy in Africa and one of the first offshore, zero tax jurisdictions. The Liberian ship registry is a favorite among owners of large vessels; the country has the second-largest registry in the world and makes up 12% of registered ships worldwide.

One of the perks of The Liberian Yacht Registration is that it is open to any ship-owner in the world and there are absolutely no restrictions on the nationality of your crew or country of construction. This makes Liberia appealing to many ship-owners who either cannot register somewhere because of their nationality or can only register by paying an additional fee.

Liberia has been white-listed on the Paris and Tokyo MoUs and has also been approved by the International Maritime Organization AND the U.S. Coast Guard. This, combined with the country’s other features, means that the Liberian Registry is known as “the world’s largest quality registry, renowned for excellence, efficiency, safety and innovative service”.

The following types of vessels can be registered in Liberia:

Vessels under construction, new buildings, vessels being transferred from other flags, offshore vessels, vessels in lay-up, and vessels involved in international, coastal, or domestic trading. You may also have a dual flag if your ship is bareboat registered.

The Liberian Registry is owned and operated by the United States. Additionally, service is available 24 hours a day, 7 days a week, making things very convenient for those wishing to do yacht registration under the Liberian flag. There are over 400 nautical inspectors, so there is always someone available to attend to vessels.

Vessels registered in Liberia are taxed with a fixed fee, which   depends on the tonnage of your ship. The tax is applied yearly, so there should be no surprises. However, t here are no taxes on operations and your profits are not assessed.

The Liberian flag is accepted in many EU countries — the United Kingdom, Germany, and Holland are only a few countries in the European Union that accept the Liberian flag. In addition, Liberia is highly rated for safety and accident prevention, which makes this country even more attractive for your yacht registration.

Liberia is recognized every year for having high standards. The country has an above-average performance in safety and accident prevention as well as in independent statistical reports. Liberia also has a network of 100 security inspectors to inspect ships when necessary; this is something that was implemented post-9/11.

According to information provided by the Liberian Registry website, “The “Maritime Services Award” is for exceptional achievement or contribution to any service sector of the America’s maritime industry by a company, individual, or organization. According to Lloyd’s List criteria for this award, “The winner must be able to demonstrate how they have set themselves apart, going above and beyond best practice to offer the shipping industry something exceptional.”

The Maltese ship registry is the largest in Europe and one of the largest in the world; it is one of the most popular countries in the world for pleasure yacht registration. The country has EU compliant legislation, clear laws relating to yacht mortgages, low registration costs and is well respected across the globe.

Malta became a member of the European Union in 2004, so yacht registration here comes with the perks of sailing an EU flag, including protection by the British Royal Navy. Like the other countries I’ve mentioned, Malta has been white-listed, providing ship-owners with a sense of security when you go through the yacht registration process under the Maltese flag.

If you’re an EU, EEA, or Swiss national, you can hold your vessel in your personal capacity. However, if you’re a non-EU/EEA/Swiss citizen you must hold your yacht through a Maltese or foreign company.

When it comes to taxes, it is important to note that companies operating commercial yachts out of Malta are exempt from income tax on any income generated by the operation of their yachts. They are also exempt from any VAT tax on the high seas. What   sets Malta apart from many other countries besides tax policy is that there are no restrictions on the nationality of the master, officers, or crew of your ship.

Another perk that Malta shares with Liberia is that there is round-the-clock service, so you can feel safe and secure registering in the country. And, as long as you meet all flag requirements, any type of vessel can be registered — that means pleasure yachts, oil rigs, vessels under construction, and anything in between.

W hen it comes to the age or trading, boats between 10 and 15 years must pass inspection by an authorized inspector within one month of provisional registration and ships over 15 years old must pass inspection before being provisionally registered.

7. The British Virgin Islands

The British Virgin Islands is the latest country to join the Red Ensign Group (2014). Now, the British Virgin Islands can register any type of ship and any size. Not only that, yacht registration under the BVI flag grants access to all the ports in the world. There are restrictions with almost all other registries when it comes to this, so the fact that a BVI flag gives you access anywhere sets the country far apart from the rest.

Another advantage that makes the jurisdiction one of the most attractive is that the British Virgin Islands is tax neutral. The islands are outside the scope of the EU value added tax (VAT) laws, meaning that there is no sales tax when purchasing goods or services.

As is the case with the Cayman Islands and Malta, the Red Ensign Group flag grants protection by the British Royal Navy to those vessels registered under the British Virgin Islands flag. Similar to the other countries listed, you can register under the BVI flag even if you are not a citizen and even if you do not own a company there; you will need to register a company in the BVI to do so, but this can be completed in a matter of hours.

When it comes to the registration process, it usually takes two to six months, meaning that it is not as short as some of the other countries, but it’s still not too terribly long.

As I have mentioned in previous articles, the British Virgin Islands has one of the most stable governments and economies in the world, which makes ship owners who register there feel very safe and secure when compared to other countries who have more enemies or corruption within the government.

Panama  is not only a popular place when it comes to offshore banking or getting a second passport, it also holds the largest ship registry in the world, having over 9,000 ships registered under the country’s flag.

Most countries require a minimum amount of weight, but Panama does not. The only exception to this rule is if your ship is older than 20 years, requiring that the ship is inspected in order to be registered.

There is usually some downtime when someone transfers their ship from one flag to another, but that is not the case when you are transferring to Panama. Panama has a very simple transferring process; for example, numerous other countries make you dry dock for inspection and Panama does not. Because their process is so easy, it eliminates the concern that ship and business owners have concerning downtime.

The good news for all the shipping companies, ship owners, and merchant shipping companies is that you can have dual ship registry in Panama, but if you were registered in the other country first, you must have consent from that country to register in Panama, too.

Instead of taking your ship’s size or tonnage into consideration, Panama charges a flat yacht registration fee to keep things simple. If you are not a Panamanian or an owner of a Panamanian business, you’ll pay a flat fee of $1,500 to register your yacht. If you are Panamanian, it costs $1,000 to register your yacht. Once you are registered, you will have access to Panama’s round-the-clock service.

Additionally, once you are assigned provisional yacht registration, you have six months to provide the proper vessel documentation to transfer your provisional yacht registration to permanent registration. Your yacht registration certificate is valid for two years and renewal costs are low.

Many countries require yacht owners to pay taxes when they register their ship, but Panama does not. There are also no taxes on profit that is made through international trade. You do not have to pay taxes on wages for your crew members either. The main reason people choose to register in Panama is this lack of taxes. When registering in Panama, people are legally reducing tax costs and that would not be the case if they were to register in many other jurisdictions.

There is no one best ship registry in the world, but there are many you can choose from to keep your investment safe. Finding the right one for you will depend on what you value when it comes to naval protection, taxes, privacy, and ease of travel.

If you have already registered your vessel, where did you choose to go for your yacht registration and would you recommend it to others? Feel free to comment below.

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• What flags to fly and where to put them on your boat

For many a recreational sailor, the same questions come to mind every year. Where should I place the flag? And how big should it be? Can I fly the national flag? At sea you’ll often come across a less experienced crew, who seem to have fully-dressed the boat, having decorated it with flags like a Christmas tree. So let's clear up the issue. It never hurts to go over the basic principles, which are actually very simple. So where does which flag belong and what do they mean?

The place at the stern of a yacht is reserved exclusively for one thing: 

The Ensign (the national flag of the country under which the boat is registered)

This is the most important flag, which says the most about the boat and crew. This is because ships have the nationality of the state whose flag they fly under (this right is granted by the state together with the issuing of the relevant documents). Ships are then subject to the exclusive jurisdiction of that state on the high seas (which, of course, results in a number of interesting situations). Please note that on coastal seas, the law of the state whose waters you pass through also applies to the vessel. 

Where is it flown?  

At the stern, ideally on the flagpole (pushpit) or on the stern forestay (flying the flag depends on whether the ship is sailing or mooring). And it must be the largest flag on the ship

This flag should be flown in the correct manner from sunrise to sunset. It must always be hoisted first and lowered last. No other flag may be flown unless the national flag (ensign) is also flown.

How big should the flag be? According to the decree, the flag (if it is the ensign of a boat) should, for example, have a size of 0.75 x 0.50 m (on a recreational yacht).

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The starboard spreader.

The starboard spreader is reserved for courtesy flags. They are flown immediately after the ensign and lowered last before it. What flags should they commonly be?

 The flag of the state in whose waters you are sailing

It is placed under the starboard spreader and it isn’t just a courtesy to do so, it is a duty.

However, if you are sailing in Croatia on a Croatian ship, there is no need to fly a courtesy flag.

Boat owner’s flag

The yacht owner can also fly their own national flag on the boat. It can be placed on the starboard spreader, but if the owner deems it appropriate it can be flown on the port side, as it is a flag of lower importance (than the ensign).

The spreader is a mast reinforcement (between the mast and the shroud). It is placed on the mast perpendicular to the longitudinal axis of the ship (or points slightly to the stern) and is at right angles to the mast.

The Port Spreader

All other flags are flown under the port spreader. So what are the other flags you can fly on the yacht?

Signal flags

Your national flag

Yes, right here is the place for your own national flag when sailing in Croatia on a Croatian boat.

A burgee is a flag bearing the colours or emblem of a sailing club and should be flown from the main masthead. If this isn’t feasible it should be below the port spreader.

Flags of the nationalities of the crew members

Flags of the countries you’ve visited during the voyage, etc..

How large can the other flags be? They should always be smaller than the ensign. 

Special flags and occasions

Can i fly a pirate flag .

The international agreement UNCLOS (United Nations Convention on the Law of the Sea) speaks for itself. Stateless ships, ships flying a foreign flag and ships refusing to fly their ensign may be detained and inspected by warships or civil service ships, even on the high seas.

So if you are flying under a pirate flag out of ignorance or innate rebellion :) (i.e. you hang it on the place where the ensign belongs) you definitely risk an interesting experience. But also be careful not to hang in less risky places, for example, where the burgee should be as there are places and ports where you could get a pretty hefty fine.

How to greet other boats with the flag?

A sharp shot from a cannon is a thing of the past. When ships meet, instead of a verbal greeting you dip the ensign. And after the same response from the other boat it can be raised again. But who greets who first? A merchant ship is first when meeting a warship, a smaller vessel of the same flag when greeting a larger one and when two merchant ships of the same type meet, it is the one with the more junior commanding officer.

When ships meet on the high seas, it is customary to add a port salute. Dipping the flag is accompanied by three prolonged blasts of the horn and the same response is acknowledged with one short blast.

Do you know what dressing the ship is? 

Dressing the ship consists of flying national flags on top of the masts and stringing signal flags over the tops of the masts to connect the bow and stern.

When is dressing done? It is a sign of celebration and is done on national holidays. However it can it can be done in a lesser way at the order of the ship's captain on special occasions. The national flags are again placed on the tops of the masts accompanied by flying at least four signal flags from both ends of the mast boom.

Would you also like to set sail and enjoy an adventure at sea? Whether you want to sail under the Croatian, Italian or Greek flags, you’ll find everything you need with us.

Our sailboat offer:

Contact us to get the best deal.

Denisa Nguyenová

YACHT REGISTRATION — CHOOSING YOUR FLAG

Posted November 22, 2019 in Brokerage & New Build by Janine St.Denis

If you’re considering purchasing a yacht , there’s a lot more to contemplate than simply where you’ll be cruising. Your choice of flag state, the nation where your yacht is registered one of the most important decisions you will make as a yacht owner.  Your choice of flag may affect the taxes you pay regarding the purchase and operation of your yacht, how your yacht is crewed, where it may sail and how often authorities may board and inspect your yacht.

Many European nations, and the United States, have onerous and labyrinthine maritime laws and codes. If you choose to charter out your yacht, this may complicate matters further as chartering means the yacht is under commercial vessel regulations; the rules of many ports demand different standards between private and commercial.

For the American yacht owner, there may be a sense of pride to fly Old Glory off the aft of the yacht, but US vessel documentation can cause some issues. Registering your yacht in a non-US jurisdiction can be part of the solution. That being said, there are some benefits to the US flag. If your yacht clocks in at less than 300 Gross Tons (a measurement based on interior volume, not weight), obtaining a US flag is fast and easy, particularly for yachts staying in US waters or cruising The Bahamas or Caribbean; it also is patriotic and cheaper for US-built yachts. But if you’re planning to cruise outside of the aforementioned areas, the benefits to a foreign flag may outweigh your patriotic leanings.

The Foreign Flag — What it means for your yacht registration

Most US and EU yacht owners choose to register their vessels under foreign flags. The flag of the vessel determines who is responsible for regulating and inspecting the vessel. The flag nation also determines under whose laws and jurisdiction the vessel operates (local port state laws may also apply). Due to this, most US and EU yacht owners prefer to register their yachts under jurisdictions that have streamlined taxation and registration procedures and lower tax rates, and also allow for multiple registrations of vessel names and owner anonymity.

British Commonwealth or “Red Ensign” nations are among the most popular flags for yacht registration. These nations are Bermuda, Gibraltar, Jersey, Guernsey, Turks and Caicos, Isle of Man, British Virgin Islands and the Cayman Islands. These jurisdictions are favored for their tax rates, ease of administration, favorable local corporate tax laws, and adherence to the Paris Memorandum of Understanding on Port State Control (Paris MoU).  They also allow the yacht to operate under the Temporary Import Regime (which allows a non-European owned vessel to operate for 18 months without the vessel being subject to custom duties or the EU’s Value Added Tax [VAT]).

Some of the other most popular yacht flag designations are listed below.

The Marshall Islands & St Vincent & the Grenadines

Yachts with these flags have advantages similar to the Dutch registry, but these flags are better for pleasure yachting and charters based in the South Pacific. The flags are part of the Paris MOU White List, there are no taxes on operating profits, and they offer strong maritime support from maritime offices around the world.

Malta yacht registration is ideal for those who must remain registered under an EU flag but need relief from onerous VAT calculations. The Maltese flag is one of the most popular flags of registry for superyacht owners in the EU, as it is listed on both the Tokyo and Paris MOUs, the Maltese flag receives preferential treatment regarding port charges and taxes, there are no restrictions as to the nationality of the master, crew and officers of the vessel and the flag offers expedited service for registration and extensive yacht owner support.

Panama is an inexpensive alternative if you plan to sail primarily in and around the Caribbean. Panama has low tax and registration rates and offers corporate structures ideal for running a charter or other commercial related venture.

The Final Choice – Which Flag to Choose?

Each yacht owner’s situation is unique and, as such, you should consult with the appropriate maritime counsel and your yacht broker to ensure that your yacht flies a flag that makes the best sense for how you intend to use your yacht.

Owning a yacht should be fun. Let Northrop & Johnson’s yacht brokers take the complications out of yacht ownership by answering your questions on flag registration and more. Contact our expert team today.

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All aboard S.S. Facebook.

Mark Zuckerberg has reportedly gifted himself a $300 million megayacht, dubbed “Launchpad,” ahead of his 40th birthday.

The staggering 387-foot-long vessel was seen floating at Port Everglades in Fort Lauderdale, Fla., after arriving at its berth earlier this week, The Sun reported Thursday.

The multi-layered luxury ship’s sleek exterior was designed by Espen Øino International and boasts a steel hull and an aluminum superstructure, according to SuperYacht Times.

Reportedly ranking as the 45th largest yacht in the world, the interiors are just as aesthetically pleasing and reportedly executed by Zuretti Interior Design company, a France-based company specializing in unique and custom yacht design.

The breathtakingly beautiful floater stands out with a navy blue theme matching an American flag perched proudly on its wood-paneled stern.

There are several outdoor areas where the social media maven will be able to relax with his family and the indoor levels feature glass paneling allowing for tons of natural light.

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There also appears to be a helipad perfect for whenever the Facebook co-founder wants to travel to his vessel by air.

The Feadship-built yacht, built in 2022, can comfortably fit 24 guests aboard, requires a crew of 48, and is said to cost $30 million a year for upkeep and usage, according to Superyachtfan.com .

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Want celebrity news as it breaks? Hooked on Housewives?

Boatworld insiders have been buzzing with speculation that Zuckerberg is the owner of the newly minted mega-cruise ever since it made its main voyage from the Netherlands last week.

The tech titan was spotted touring the Russian-commissioned megayacht in early March, though the impressive boat didn’t arrive stateside until this week due to sanctions, according to The Sun.

The website reported that Zuckerberg purchased the pricey yacht – along with its own $30 million partner boat — most likely as an early 40th birthday present to himself.

The boat reportedly traveled to Florida after being granted special permission to be imported just weeks ahead of Zuckerberg’s birthday on May 14.

Zuckerberg’s yacht is just 30 feet shorter than the length of fellow billionaire Jeff Bezos’ 417-foot megayacht Koru, which the Amazon boss snagged for a whopping $500 million.

Zuckerberg’s rep did not immediately respond to Page Six’s request for comment.

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The superyacht world is speculating that Mark Zuckerberg just bought this 118-meter boat

• The 118-meter superyacht Launchpad made her maiden voyage last week.
• The yacht world is speculating that her owner is Meta CEO Mark Zuckerberg.
• Here's what we know about the luxury vessel.

In the world of superyachts , privacy is the most valuable asset. It can be next to impossible to discern the details of a superyacht transaction — and that's particularly true if the vessel in question is worth nine figures.

Yet some in the boat blogging world are speculating that Meta CEO Mark Zuckerberg is the new owner of Launchpad, a megayacht currently moored in Fort Lauderdale, Florida after she made her maiden voyage from Gibraltar to St Maarten last week. Launchpad clocks in at 118 meters long, about nine meters shorter than Jeff Bezos' superyacht Koru .

The transaction could not be confirmed, with yacht world insiders declining to share what they know and representatives for Zuckerberg not responding to a request for comment from Business Insider. In the past, reports about Zuckerberg owning superyacht Ulysses have proven false.

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"It is Feadship's standard policy to never divulge any information about our yachts with reference to ownership, costs, or delivery, etc," Feadship, the ship's builder, wrote to BI. "Whether it is an 18-meter Feadship from the 1960s or a 118-meter Feadship from the 21st century, we do not share private information."

But Zuckerberg's name has been connected to Launchpad for a few months now, beginning in December when reports swirled that he visited Feadship's shipyard in the Netherlands.

Then, earlier in March, yachting bloggers like eSysman SuperYachts and Autoevolution started speculating that he officially snagged the boat, originally built for a sanctioned Russian businessman, at a $300 million price tag. (While that's a seemingly huge amount, it's still less than 0.2% of Zuckerberg's $177 billion net worth.)

Another clue that might point to US ownership is that the yacht bears the flag of the Marshall Islands, a US territory and commonplace for American buyers to register their ships, according to public marine tracking.

If Zuckerberg were to have bought Launchpad, he would join a cohort of superyacht-owning tech billionaires . Along with Bezos, the likes of Oracle cofounder Larry Ellison and Google cofounders Sergey Brin and Larry Page have purchased impressive boats with even more impressive amenities.

SuperYacht Times , an industry publication and intelligence platform, has some of the best images of the yacht. Photos show a swimming pool on her main deck and a large helipad.

While less is known of the interior, a vessel of her size can likely sleep dozens of guests and crew and may have amenities like an expansive gym where Zuckerberg could practice his jiu-jitsu or a spa with a massage area. We suspect there's also space for plenty of toys — which could include his viral hydrofoil foil .

Do you have any details about Launchpad or any other superyachts? Email reporter Madeline Berg at [email protected].

Watch: Walmart heiress' superyacht vandalized by activists in Ibiza

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Cruising in Style: Onboard Tommy Hilfiger’s charter yacht FLAG

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By Paloma Shemirani   20 October 2023

With over 3 millions subscribers on YouTube, Enes Yilmazer is known for his video tours of high-end real estate and luxury lifestyle content. In March 2023, he was invited aboard the renowned fashion designer’s motor yacht to review it during a 3-day charter in the Bahamas , starting in Nassau.

Formerly named Faith, Tommy Hilfiger bought the 204-foot vessel by Feadship back in 2017 and renamed it FLAG after his company’s iconic logo. When Yilmazer asked why he had bought a Feadship, Hilfiger simply replied, ‘they’re the best in the world.’ Being so impressed by the boat’s beautiful interiors and numerous special features, Yilmazer’s review certainly endorses this.

Throughout the video, Yilmazer repeatedly praised FLAG’s classical interiors that were designed by Chahan Minassian: having been refitted in 2022, the interiors are characterized by their elegant light wooden paneling which perfectly complements the cream shade of the plush carpets, leather wraps, and natural stone flooring. As Yilmazer pointed out, the boat may be over twenty years old (being constructed in 2000), but her classic designs are truly timeless– ensuring a broad appeal for any and all who wish to charter her. 

With this colour palette, FLAG has a light, airy feel to it, which is enhanced by the large windows and portholes built in throughout the different decks. It also goes perfectly with the red, white, and blue colour motifs seen throughout most of the rooms– a tasteful homage to the Hilfiger brand. 

While remaining classical in style, modern elements like motorized doors and pop-up TV’s were seamlessly integrated into the interiors 

In his first full day on the luxury charter yacht , Yilmazer was quick to take advantage of FLAG’s extensive selection of water toys which included SeaBobs, jetskis, and even an ‘aquabana’ which floated on the Caribbean waters by the inflatable water course. Charter guests can even slide into the water from the upper deck using the inflatable slide. Hilfiger had added to the megayacht’s selection of water toys, which have become his wife’s favourite aspect of the boat. 

After a day of fun in the sea, guests can head inside for an exquisite meal cooked by Chef Josh. When interviewed, Hilfiger praised the chef’s freshly-made bread and what he called ‘Nobu night’, which was a delicious selection of sushi and Asian cuisine prepared in the galley’s state-of-the-art facilities. On the sun deck there’s even a pizza oven, meaning that you and your party can experience dishes from across the world in just one charter. After dinner, you can relax in the sun deck’s jacuzzi  with one of FLAG's signature cocktails.

I keep it in impeccable condition... The crew is incredibly experienced and professional... my family looks at them as family.

Yilmazer was also impressed by the number of special features on FLAG; this included an elevator which could go between all the floors– a must-have on such a large vessel. When touring round the master suite, the vlogger also remarked on the LED light embedded in the clothing rails to illuminate all your clothes– a feature he had not seen before on either another yacht or even in real estate. Finally, in each of the 7 suites there were independent thermostats which allow guests a truly comfortable and bespoke experience as they can alter the room’s temperature to their unique tastes. 

If Yilmazer’s glowing review has tempted you, then FLAG is available for charter in the Bahamas in the winter starting at $476 000. The yacht is also on sale for $46 million. Be sure to speak to your preferred charter broker to book FLAG for your next charter vacation. 

If you are interested in chartering in the Bahamas , then take a look at our sample itineraries for more inspiration:

ITINERARIES FOR CHARTERS IN THE CARIBBEAN

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67m Benetti 2022

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Woman accused of lighting fire on porch after no answer at ‘friend’s’ house

BURLINGTON, Iowa ( KWQC /Gray News) - A woman was arrested after she started a fire on a stranger’s front porch, according to police.

The homeowner told police that her home security cameras captured a woman on the porch who lit something on fire. The homeowner also said smoke was visible in the footage.

Officers found the woman, identified as Michelle Young. 46. She admitted to starting the fire when officers asked her what she was doing.

Young told police that she was walking around the area and picked up miscellaneous items including a car’s taillight, tin foil, bark and a yellow lawn flag.

She said that she went to the home believing her friend lived there and knocked three times, but did not get a response. She said she sat on a porch chair, smoked a cigarette and knocked again, according to police.

When Young did not get an answer, she lit the items she had with her on fire. She also said she saw a sign that said “Witches Welcome” and because she is a witch, she started the fire according to police. She said she also put clothing in the fire, according to the affidavit.

Young told police that she was not going to hurt anyone or let the fire get out of control.

Young charges of reckless use of fire/explosives/destructive devices and possession of drug paraphernalia.

The homeowner told police she did not know Young.

Copyright 2024 KWQC via Gray Media Group, Inc. All rights reserved.

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