Archive for the ‘Boats & Boating’ Category

Hi, I would like to buy a 22m long liner fishing boat to ply in Indian waters budget of $75000 is it possibl ?

Sunday, May 25th, 2008
Xon asked:


I am seriously looking to buy an economical long liner of about 20 m 50 T which would catch deep sea fishis along coast of India and Colombo. I have a budget of $75000. Is it possible to buy a ship at that rate ? what about buying old ships & what are the complications in getting leased ships ? Also after buying leave it to some management company so that they would manage the ships. So can any one throw light on this issue since I am very much new to the marine field.
Also I have specific doubts like how to maintain the ship (or) who will if I leave it to a management company, whether it will be the company or me. also about the crewing and about the type of contract and the economy that is the return over the invest ment that I may put.
I greatly appreciate any answer
I searched deep into net and couldnt find any answer & am seriously looking into investment option to make my future.
thanks