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Old 02-05-2013, 09:02   #31
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Re: Operating a Business in International Waters

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Please inform your family that anyone who owns a Pearson 422 is not a bum by any definition. If they don't believe you, keelhaul them.
Thank you for that. Can I have my mother call you so you can explain it to her?
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Old 02-05-2013, 09:05   #32
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Re: Operating a Business in International Waters

Much like this but mid-ocean instead of mid-space. Think of it, it would also be a good place for diplomats to meet... just like here:
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Old 02-05-2013, 10:29   #33
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Re: Operating a Business in International Waters

All kinds of goods and services are regularly exchanged at sea, mostly fuel. In port, many commercial boats that are corporately owned will sell fuel at night for cash. Here in the Western Caribbean, medium tankers hang off shore with fuel from Venesuela. The only problem for cruisers is that they all want to do business with the fishing fleets that buy 10,000 gallons and can keep quiet. Cruisers buy 50 gallons and will sail two days to save 10 cents a gallon. Serious trawlers are happy to pay whatever for good clean fuel that will cause no problems, but they are far and few.
Make your money in the States, and spend it overseas, it's easier.
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Old 02-05-2013, 11:08   #34
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Re: Operating a Business in International Waters

If you park your "country" too near another one (even if international waters) then you can expect action. Might not involve guns, but likely would involve targetting those who return with the goods - including on import duty and paperwork.

IIRC there is another thread already on doing similar with Offshore Services (not goods). I think that involved women and "recreationals"......and the "Fun" only starting in international waters, but the ship docking in places to pick up the punters.

The idea does have some merit - whether an 18-30 cruise ship (where the participants are unpaid!) or a Gentlemans club / Pole Dancing Bar, where the staff may also freelance.......both business models work onshore in many places.

I also vaguely recall that back in the dotcom days that the idea was raised of sending a bank into space (orbit) - the thinking being that it was unregulated, but that was easily kyboshed by the folks on the ground (if no other banks are allowed to deal with the space bank it can't function).
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Old 02-05-2013, 11:16   #35
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Re: Operating a Business in International Waters

> both business models work onshore in many places
LOL. Which is why they don't usually survive in an offshore configuration. Competition.
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Old 02-05-2013, 12:45   #36
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Re: Operating a Business in International Waters

Kinda like The Graduate "Plastics"

Only two: wind and waves

Makes for security, and secure transfers, questionable at some times, which eats into "work days." While fuel transfers could be done, most cruisers aren't equipped with solid locking devices on their fuel fills. And if I'm doing work on my boat, plumbing, electrical, cleaning, I want it as calm as possible.
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Old 02-05-2013, 13:11   #37
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Re: Operating a Business in International Waters

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Old Idea, been done a few times I know of ! Once by a friend of mine with an aluminum 60 ft Cat, with BIG fuel tanks ! He did pretty well for a couple of years. He finaly got a bad health problem, and had to return to Louisiana, and soon passed away, leaveing his partner, and his children with a boat and no way to use it ! Always seemed to be a working idea to me ! but never had tanks large enough to do much but just fill em up in Columbia, or else where with cheap diesel, and then be able to cruise a little cheaper for a while !! Big difference in US prices for diesel, and fuel in some other countrys ! And with the normal winds you can do a round about under sail. I would think if ya had enough tankage you might do well ! But how you would let folks know where and what ya have for sale might be the biggest problem !! Just my 2 cents
When I lived in Canouan every now and then we would have boats come up from Venezuela and sell fuel... It was pennies on the dollar compared to the fuel dock since no import duty was paid. The quality was questionable, as were the guys selling the fuel... One night they were on island I had a Beneteau Cyclades 43 stolen... The boat turned up a couple days later in St. Martin with signs of human smuggling...
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Old 03-05-2013, 06:03   #38
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Re: Operating a Business in International Waters

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Originally Posted by David_Old_Jersey View Post
If you park your "country" too near another one (even if international waters) then you can expect action. Might not involve guns, but likely would involve targetting those who return with the goods - including on import duty and paperwork.
Indeed. Someone tried selling tax free booze and cigarettes from an old trawler in the North Sea to hardy souls who would venture out past the UK limits of 12 miles. UK Customs and Excise put a stop to the whole operation when he came ashore for more supplies and a rest. It never sailed again.

However, there is a large tanker between Greenland and Iceland that supplies the fishing fleets operating in the area with fuel. Tacking on some fags (cigarettes for US folk ) and girlie magazines would probably be profitable given the location.

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Old 03-05-2013, 06:21   #39
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Other then fuel to boats , which has advantages of being easily stored and free from significant duties offshore , I can't for the life of me think what other things would be worth while. Who is going to go miles off shore to buy tee shirts etc.

Were it in any way feasible , it would have been done by now , given a ship isn't hard to buy !

It's a solution looking for a problem

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Old 03-05-2013, 09:21   #40
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Re: Operating a Business in International Waters

C'mon, Alex / Atoll! The fuel buy / sell is the obvious one (short of cocaine) for maximizing profits compared to costs.

And you have already done it during a RTW.

So spill the beans, mate!
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Old 03-05-2013, 09:26   #41
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Re: Operating a Business in International Waters

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Other then fuel to boats , which has advantages of being easily stored and free from significant duties offshore , I can't for the life of me think what other things would be worth while. Who is going to go miles off shore to buy tee shirts etc.

Were it in any way feasible , it would have been done by now , given a ship isn't hard to buy !

It's a solution looking for a problem

Dave
Your thinking is based around finding solutions to problems. But that is not the case here. There are many attractions that people travel the world around to see; I mean who would go to a place like LA if it wasn't for attractions like Universal City and Disneyland?! None of those are solutions to problems.

A service station mid Atlantic would be as popular as the Azores and Cape Verde's are to trans-atlantic sailors now. It would be another place to get a break, have fun, get stuff done, provision, meet friends halfway etc.
This would make it an attraction to others too. Movies would be filmed there, stories told and all that automatically leads to tourism.
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