Pen Marine’s Boat Sharing Plan – Less risk, less cost, more enjoyment
Boat sharing – sometimes called co-ownership or fractional ownership – is a concept that allows for optimum enjoyment of the vessel, at reduced costs and hassle. This concept is a modern evolution of the more traditional idea of timesharing. Generally, one buys the right to use the yacht in a timeshare, and many (sometimes too many) people can share the usage of the yacht at once. Boat sharing, however, is buying the yacht itself with a select few other owners.