W-Southern, the transportation company of Mount Vema, announced plans to raise more capital at the Gollexi, to invest in more yachts to increase the number of luxury yachts available for charter in Mount Vema as demand increases from owners of Mount Vema properties off-plans planning to travel to the territory to visit and experience the underwater world where their floating homes will be.
The company realised that the practice of renting or chartering, a sailboat or motor yacht to stay in Mount Vema, for privacy, relaxation or fishing within the Vema Seamount Territorial waters for individuals, families or as a corporate event is about to become big business.
W-Southern plans to have two main kinds of charter available. One will be bare-boat and crewed charters which involves a person renting a boat or cabin and skippering it if renting the whole yacht, and the other way is gathering up a group and renting the yacht with them.
People associated with the plans, have told VSBCnews that they are already in talks with RMVFA – The Royal Mount Vema Foundation Academy to offer courses to teach basic seamanship and prepare people for bare-boat chartering.
The academy will not offer the courses directly but will use its licence to sub-contract the services to foreign companies, as it already has a database of foreign private education businesses who regularly express their interest in providing private education and training to Mount Vema if required.
With W-Southern plans, people will have the option to book crewed charter, which means the yacht will come with a crew. This can be anything from a 35-foot boat with a husband-and-wife team serving as captain and chef to a 300-foot boat with a squad of 30 or more crew members including stewardesses, engineers, mates, deckhands, scuba dive masters, and more.
Two sub categories of yacht chartering will also be available. One will be un-inspected passenger yachts, also known as 6-packs which carries only six or fewer passengers. All captains will start out by getting their "six-pack" licence which must be issued by the Royal Mount Vema Coast Guard.
6-pack yachts according to W-Southern, will be ideal for smaller groups of six or less, and these yachts have a variety of types and sizes. For example, six packs can be sailing yachts, fishing boats, or power yachts and anything in between. While this type of charter will be the least expensive of the two, people will still need a licensed captain, or skipper with them at all times.
On six-pack charters people will be able to choose their menu and the type of cruise they wish to take be it to liveaboard in Mount Vema, diving expeditions, deep sea fishing and visit different sites during and after the City of Mount Vema construction, or an ocean adventure voyages to the South Atlantic Islands, South America, Southern Africa and beyond.
The other option will be the inspected passenger vessels. Inspected charters are designed to carry groups large than six passengers. These charter vessels can range from large sailing yachts to dinner cruise ships. These charters will be designed to carry up to several hundred passengers. Inspected vessels will offer many different features that an un-inspected passenger yacht cannot. Features like catering, live music, or a DJ will be available on these larger ships.
Prices will vary the cost of a chartering will be determined by several factors including the size of the yacht, its age, its pedigree, the number of crew, and the destination. W-Southern range of charter prices per person per week will start from the equivalent of 500 golles up to and in excess of 10,000 golles. Mega Yacht or Super Yacht that are over 150-foot to 300-foot could cost anything from the equivalent of 25,000 golles up to 350,000 golles per week.
The growing popularity of diving adventures, is boosting demand for reservation of marina yacht berths and permanent residential mooring for the Mount Vema Harbor project. The Kingdom is expected to be among the most-sought-after location in the South Atlantic.
The Government has reopened the market to deal with the increasing demand, and is now selling yacht berths and residential mooring leases off-plan of 25 years. The demand is so high that the government is advising customers who wish to pay in full, to hire the services of specialist companies to help them with the purchase.
Although customers can continue to buy from Mount Vema directly especially those in need of finance, the government is recommending those who can afford some extra spending to approach companies such as Burgess or Northrop & Johnson, among many others who may be able to help them facilitate the purchase and management of their berths. This companies are not associated with Mount Vema but it is good to seek independent advise if it is your first time, and then follow up on developments.
The recommended companies usually have their own berth purchase specialists who are available to assist with all purchases and rentals of berths, in case you are buying to let. There are also other companies that can help with permanent mooring for those looking to build their own floating homes. For that you should contact Mount Vema directly for advice.
Owning your own floating home can be hugely rewarding. However, there are somethings to consider, including the costs, types of home, getting the license and maintenance. Unless you intend to continuously move your home to different locations, you need to give some serious thought to reserve a permanent mooring for your boat or floating home in Mount Vema.
Generally finding the right floating home builder or already built at the right price is fairly straightforward, but finding somewhere to berth it can be extremely difficult. It is therefore an absolute necessity to reserve a permanent mooring before buying.
Mount Vema is an ideal choice if you need a quiet home away from home, to study, work or retire, where you are more likely to benefit from facilities such as water, toilets, sanitary disposal, showers, a diesel pump, electricity, gas and WIFI. The marina also will have boatyards and good security. The island will have transport links which is something to consider if you need to travel.
Residential mooring operators for Mount Vema will not require a boat or floating home to be away from the mooring for a certain time each year or require you to have an address elsewhere like in some countries. This is because Mount Vema is designed to be a floating city, so your allocated berth will have a unit number, with a full address and postal code.
Vema Seamount Legislation
The Statutory Laws of the Kingdom of Mount Vema
Law of the Sea Treaty (United Nations Convention on the Law of the Sea)
MARPOL 73/78 (International Convention for the Prevention of Pollution from Ships)
The Vienna Convention on Diplomatic Relations of 1961
The Vienna Convention on Consular Relations 1963
The Right to Self-Determination
Many believe because our community is not a member of the United Nations and is only just over a decade old, doing business with the Kingdom of Mount Vema is not possible for foreign nationals and foreign companies seeking to take advantage of the business opportunities the floating city project is creating. Nothing could be further from the truth. The territory doesn't need a United Nations membership to function as a sovereign territory, or to exercise its inalienable right for self-determination