How many crew members are necessary depends on the capability of the hired crew and the level of service demand by the yacht owner.

Azzam yacht maintenance cost. Fuel lots of it vessel insurance dockage fees maintenance and repairs and crew salaries are. But these two costs also go hand in hand. For an average-sized yacht of 45 metres the maintenance price can range from anywhere between 25 million and 4 million per year.

The yacht was built by luxury yacht builder Lürssen for an estimated build price of US 600 million. This means the owner must spend over 60 million every year to keep Azzam in prime condition before cruising off to a foreign destination. Lets get a better estimate of the Azzam.

The Azzam is nearly 6 times this size. But buying it is just a start. Jeff J MitchellGetty Images.

It is 590 feet long and cost 600 million to build. Overall the owner should expect to spend about 10 of the yachts initial cost on annual upkeep. Slacking on maintenance will require more repairs in the long run and repairing things quickly and completely can reduce maintenance cost.

Yacht Crew are necessary for vessels over 80 feet and on average costs the owner 6500 per crew member per month for vessels up to 120 feet in length. This yacht is one of the most expensive masterpieces and will for yearly maintenance cost around 10 per cent its full price. This yacht is one of the most expensive masterpieces and will for yearly maintenance cost around 10 per cent its full price.

It is outliers like these that increase the price average for yacht owners. Captains report making anywhere from 70000 a. To this we must also add the generators fuel consumption at anchor plus any additional for tenders.