Monday, August 04, 2008

LAO: One Yacht, $1 Per Second

My new post at LA Observed:

Not many yachts equipped with on-board helicopters cruise within scoffing distance of Venice Beach, so when the Princess Mariana drifted lazily past on Sunday afternoon it was … well, OK, only a few people actually seemed to notice.

Perhaps everyone but yours truly was already aware that the Princess Mariana, a 258-foot vessel that CNNMoney.com calls one of the most desirable charters, reportedly rents for a whopping $606,500 a week.

That works out to about $1 per second, which is about how long it took to focus and snap the photograph above. I couldn't find any references to fuel consumption, but it's got to be horrible for something so …

Read the rest at LA Observed.

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