New multi-year leases offered on shared yachts

MELBOURNE, Fla. – Fractional Yacht Management, Inc./ have begun to offer one, three and five-year leases on yachts ranging in size from 25 to 51 feet, according to a recent company release.

The new lease programs are designed to offer several options to meet the consumer’s needs, the company said.

SharedYachts offers complete management of the yacht, with clients purchasing at least one of twelve shares. Each share guarantees the client 28 days of use of the yacht each year.

Fractional Yacht Management, Inc. began operations in Melbourne Fla. in 2003 and currently has motor yachts and fishing yachts. Sailing yachts will be added over the next two years, the company said.

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