Prometheus Sailing launch TITAN Yacht Ownership Programme
Prometheus Sailing’s new TITAN Yacht Ownership Programme makes owning a large modern yacht in the UK an affordable reality. Uniquely, the programme gives owners total freedom to choose when and how often they use their boat as well as complete choice over the type of charters the yacht is used for.
Prospective new boat owners who sign up to TITAN will purchase a brand new Jeanneau Sunsail 41.0 one design yacht, with a cash back amount sum or discounted rate. They also receive a host of benefits as well as regular opportunities for the yacht to generate an income.
Simon Boulding, Prometheus Sailing MD explains, “We wanted to create a totally flexible yacht ownership programme for our owners. With TITAN, they have unlimited usage, with no restrictions on dates or weeks. Plus, they can select how and when we use the boat to generate charter revenues. Our owners can choose for the yacht to only be used for our sea school training, or for bareboat charters, corporate racing or specific regattas.”
Depending on their choices, owners can influence the revenue generating potential of their boat. The wider the range of charter activities will maximise the charter revenue returns, whereas a smaller range will generate less. The choice of personal usage, charter and revenue earnings is under the full control of each owner.
Participating in the TITAN Yacht Ownership Programme also removes the day-to-day hassles of boat ownership and maintenance, saving the yacht owners’ considerable time.
Prometheus Sailing have three new Jeanneau Sunsail 41.0 yachts available for delivery at the end of 2023, to be ready for the 2024 season. Having run and managed Sunsail’s UK corporate fleet, the Prometheus team at Port Solent have over 90 years combined experience in commissioning, running and managing yachts.
All regular maintenance, berthing, insurance and charter management is included, and any costs incurred are offset against the owners 60% share of all charter revenues.
In addition, all new owners are invited to make use of £3000 worth of TITAN Owners Privilege Points. These can be used to book up own boat and private tuition days with a fully qualified RYA instructor for family and crew members. It’s a chance to hone up on specific skills, get familiar with your new boat under expert supervision, take your Day Skipper or master the Coastal Skipper qualifications. Alternatively, they can use their points to get kitted out in brand new Helly Hansen jackets and sailing gear or purchase a YellowV inflatable kayak or SUP.
The TITAN Yacht Ownership Programme is open to individuals, multiple-owners syndicates and business ownership.