Explorer Intelligence
The smallest details
carry the largest consequences.
The vessel above is the Atlantic Osprey, an offshore supply ship. Not a yacht. That is the point. The most capable expedition vessels in private ownership did not begin life as yachts. They began as working platforms, built to operate in conditions that no production yacht programme will ever attempt, and converted by owners who understood what genuine capability actually looks like beneath the teak and the paint.
This is where I publish analysis on the 50 metre plus expedition and explorer market. Ice class economics, donor hull selection, transaction comparables, build cost dynamics. Written for buyers and advisers who want to understand the asset properly before they commit to it.
The 3% Market
Recent analysis
Economics
The Newbuild Inflation Problem No One Is Talking About
Steel, aluminium, skilled labour. The cost of building a serious vessel has moved considerably. What that means for buyers entering the market now.
Economics
Payment Schedules and Currency Risk
A newbuild priced in euros, signed in sterling, with a delivery window measured in years. The currency exposure is rarely discussed. It should be.
Economics
The 10 Per Cent Rule No Longer Means What You Think
Running costs as a percentage of purchase price. The old rule of thumb, and why the assumptions beneath it have shifted.
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