Phinisi Charter Investment: Revenue, Occupancy & Break-Even
Verified rate tiers, realistic occupancy and the only published P&L, flagged.
What it costs to keep a 25–40 m liveaboard crewed, seaworthy, insured and legal — crew, dry dock, insurance, fuel, park fees and mooring, every figure flagged.
Buyers spend months debating IDR 3B or IDR 6B for a hull, then far less time on what it costs every month in the water. No Indonesian authority publishes an OPEX table, so every line here is triangulated and flagged.
Illustrative annual model
A mid-tier 30 m liveaboard running 130 charter days a year from Labuan Bajo. Every figure is an unaudited estimate — the structure and weight of each line matter more than the total.
Crew payroll, 12 crew
IDR 45–70M a month; excludes BPJS and THR
IDR 540–840M
Estimate
Dry dock and yard period
3–8 weeks off charter; includes antifouling
IDR 80–200M
Estimate
Ongoing maintenance
Caulking, varnish, bilge and systems
IDR 80–200M
Estimate
Insurance, H&M + P&I
2–3% of hull value plus P&I
IDR 100–250M
Estimate
Fuel, engine + genset
130 charter days at mid-tier burn
IDR 150–300M
Estimate
Mooring and harbour dues
Labuan Bajo base; confirm with KSOP and Pelindo
IDR 30–80M
Estimate
Komodo NP fees
Passed to guests, or this if bundled
IDR 50–100M
Approximate
Food and provisioning
10 guests at IDR 400–500k a day
IDR 200–400M
Estimate
Licences and certificates
Annual renewals, BKI, TDUP or SIUPAL
IDR 20–80M
Estimate
Total indicative range, per year
IDR 1.2–2.35B
Riara Marine's builder model: IDR 1.5–2B a year for a 10-cabin boat (single-source).
Komodo National Park
The IDR 3.75M per-person scheme of 2022 was postponed and never implemented as of 2025. Today's fee is componentised — and set by decree, so it can change mid-season.
Fixed costs run all year; revenue does not. Map the calendar before you model the money.
Every figure is an estimate unless marked. Confirm tariffs, wages and premiums before you quote or commit.
A mid-tier 28–35 m phinisi with 10–15 crew typically runs IDR 100–200M a month (about USD 6,400–12,800). Budget open-trip boats run around IDR 50–100M; large luxury boats considerably more. All estimates — no official Indonesian figure exists.
No official wage table exists. Triangulated against Bali UMP 2024 (IDR 2.81M a month) and industry practice, a budget-boat captain earns about IDR 7–15M a month, IDR 15–30M+ on luxury vessels. Deckhands earn IDR 3–5M; dive guides IDR 4–8M plus tips. All estimates.
An annual yard period — haul-out, antifouling, routine recaulking, relaunch — typically costs IDR 50–200M and takes the boat off charter for 3–8 weeks. Bali yards charge more than South Sulawesi. Major structural work every five to ten years adds IDR 500M–2B+ (estimate).
The IDR 3.75M scheme of 2022 was never implemented as of 2025. Entrance and conservation run about IDR 150,000–275,000 per guest per day, plus diving and ranger fees. Operators bundle roughly IDR 400,000–500,000 per foreign guest per day. Confirm with the park authority before quoting.
Yes, with effort. Some international underwriters decline wooden commercial hulls; others require BKI class or a recent survey. Tugu Pratama, Wahana Tata and Jasindo are more willing. H&M runs about 1.5–4% of agreed value a year; P&I about USD 5,000–30,000 (estimates).
Send the boat and operation you are considering, and we will talk through the variables that move your costs. No one can pay to change what we publish.