The arbitrage, the journey, the services.

Three structural forces depressed BVI catamaran prices and froze the US buyer pool. We do the work in between and let you skip the friction. Here's exactly how that works.

Section 01 — The Thesis

Why these boats are undervalued.

Three depressors are pushing on BVI catamaran prices simultaneously. None of them are temporary. Together they create the spread that we capture and pass on as savings.

160
New Moorings boats acquired in 2024 alone

Fleet phase-out glut.

The Moorings, Sunsail, and Dream Yacht Charter all run 5-year fleet cycles. Every year hundreds of well-maintained, sub-3,000-hour catamarans hit the BVI brokerage market — phase-out complete, service records intact, ready to leave the fleet. This is the durable depressor: tariffs may shift, but the fleet cycle keeps churning.

10-20×
2025 US duty increase, foreign-built vessels

Frozen US buyer pool.

The natural buyer is American — that's the deepest demand pool by an order of magnitude. But 2025 tariffs took the import duty from 1.5% to 20-25%. Add customs paperwork, ocean delivery coordination, USCG documentation, and an in-country surveyor relationship, and most DIY importers walk. The friction itself is the moat.

$275-400K
BVI brokerage price · vs. $550-600K US retail

Motivated sellers.

Fleet operators pay ongoing dockage and insurance on every unsold boat. Each cut they take comes off our cost basis. The Leopard 40 ex-fleet we're listing right now has had its asking cut three times in five months. Every cut is a structural seller working against a frozen demand side.

Section 02 — The Journey

Six steps from browse to handover.

01

Browse the inventory.

Every boat in our inventory is sourced from a major fleet phase-out (Moorings, Sunsail, Dream Yacht). We've reviewed the logbook, confirmed engine hours, and pre-negotiated the acquisition contract with the BVI source broker subject to your inspection.

02

Request an inspection.

Two paths: fly to the boat for an in-person sea trial with our BVI surveyor (recommended for 6-figure purchases), or schedule a live video walkthrough — our surveyor walks the hull on a 90-minute call, full engine compartment, every cabin, sail unfurl. Survey report belongs to you either way.

03

Sign at our delivered price.

Inspection clean? You sign at our listed delivered price — duty paid, USCG documented, delivered to your home marina. No closing-day add-ons, no broker fees layered on at signing. The number on the boat page is the wire amount.

04

Wire deposit to escrow.

Deposit (typically 10% of delivered price) wires to a third-party maritime escrow. We never own a boat we haven't pre-sold — your deposit is what authorizes us to execute the BVI acquisition. Funds release on each milestone: acquisition, duty paid, delivery captain departure, US arrival.

05

We execute end-to-end.

Five services kick off in parallel: BVI acquisition close, 20% US import duty payment, customs broker engagement, ocean delivery captain dispatch, USCG documentation filing. Weekly written update with photos and ETA. Total timeline from deposit to handover: 10-14 weeks.

06

Delivery to your marina.

Final wire on arrival. USCG documentation packet and state registration delivered with the hull. Walkthrough at your slip with the delivery captain. You get our cell number — keep it.

Section 03 — The Services

What we handle, line by line.

The friction is the moat. Every one of these costs friction, time, or institutional relationships that most US buyers don't have. Five line items, one wire, one timeline.

01 / Inspection coordination

You inspect, we coordinate.

In-person sea trial at the BVI hull with our surveyor, OR a scheduled live video walkthrough. Compression checks, engine hour verification, hull/rig inspection. Independent survey report belongs to you.

02 / BVI acquisition

We close the deal.

Maritime attorney drafts the bill of sale. Title transfer, lien release, and BVI Customs export paperwork. Acquisition contract pre-negotiated with the source broker subject to your inspection.

03 / Import & customs

We pay the 20% duty.

US Customs & Border Protection entry filing. 20% import duty paid on transaction value (acquisition price). Customs broker fees, harbor maintenance fee, and CBP-7501 entry summary all handled.

04 / Ocean delivery

We ferry it home.

USCG-licensed delivery captain with crew of 2-3. Insurance binder in place for transit. Typical passage BVI → Florida: 7-10 days direct, or staged via Bahamas if weather windows tighten.

05 / Final delivery

USCG & your marina.

USCG vessel documentation packet filed. State registration where applicable (FL, NC, SC). Final delivery to your home marina. Walkthrough at your slip. You sign one document at handover and you're done.

Section 04 — The Honest Comparison

What buying direct from BVI actually costs you.

You can do this yourself. People do, every year. Here's the real cost stack for a DIY import on the same Leopard 40 we list at $475K delivered — and where the friction shows up that the spreadsheet doesn't capture.

DIY cost stack — $309K Leopard 40

  • BVI broker negotiation30-60 hrs · $0
  • Maritime attorney (US + BVI)$3,000-6,000
  • Independent marine surveyor$2,000-3,000
  • Travel — inspection + close + handoff$3,000-5,000
  • US maritime escrow setup$500-1,000
  • 20% US import duty$61,800
  • Customs broker (vessel entry)$500-1,500
  • Delivery captain + crew + transit ins.$13,000-18,000
  • USCG documentation filing$500-1,500
  • State registration$200-500
  • FL arrival yard work$1,000-3,000
  • BVI ask$309,000
  • DIY all-in (mid-range)$397,000-413,000

Plus: 100-200 hours of your time across 4-6 months. Vendor stack built from scratch. Concentrated transaction risk — one missed step costs $5-30K.

Trade Wind delivered — same boat

  • Inspection coordinationincluded
  • BVI acquisition + maritime attorneyincluded
  • 20% US import dutyincluded
  • Customs broker + CBP filingsincluded
  • Ocean delivery + transit insuranceincluded
  • USCG documentationincluded
  • Final delivery to your marinaincluded
  • Your time investment~8 hours total
  • Vendor relationshipsours
  • Concentration riskours, not yours
  • Timeline certainty10-14 weeks fixed
  • Capital required from youvia escrow only
  • Trade Wind delivered list$475,000

Versus DIY mid-range: $62-78K more. That's the price of certainty, vendor stack, risk transfer, and your weekends back. Roughly $400-500/hour for the time you don't spend.

The honest pitch

A motivated DIY buyer with the right relationships can land this same boat for ~$400K and keep the $60-75K we'd otherwise capture. Most buyers don't have those relationships, can't take 4-6 months of weekends, and don't want concentration risk on a single offshore transaction. That's the customer who pays our spread — gladly — because it converts a 6-month project with double-digit failure modes into a wire transfer and a date.

A note on the model

We never acquire a boat we haven't pre-sold.

Trade Wind & Co. operates as a catamaran import service, not a speculative brokerage. We don't sit on hulls hoping for the right buyer. Every boat in our listing has a pre-negotiated acquisition contract with the source broker, subject to your inspection. Your wire to a third-party maritime escrow (Yachtworld Escrow) is what authorizes the BVI close — funds disburse milestone-by-milestone to the BVI seller, CBP, delivery captain, and customs broker as each leg clears. Trade Wind never holds your principal. No inventory risk on our side, no float risk on yours.

Common Questions

Frequently asked.

Is the listed price the price I pay?

Yes. Our delivered price is what wires to escrow over the life of the transaction. No buyer-side broker fees added at closing, no surprise customs adjustments. The line items on the boat detail page are the math.

What if my inspection finds something wrong?

The survey report is yours. If material defects show up — engine compression, rigging integrity, structural — you walk and your deposit refunds in full. Trade Wind & Co. doesn't acquire a boat you've passed on; the deposit only releases to BVI acquisition after you sign off post-inspection.

Do you handle financing?

We don't originate loans, but we work routinely with Sterling Associates Yacht Finance, Trident Funding, and Essex Credit for marine mortgages. Most buyers have a pre-approval in 5-7 business days. We provide the survey report and acquisition contract directly to your lender.

What if US tariffs drop and the arbitrage closes?

Two of the three depressors don't depend on tariffs. The fleet phase-out cycle is structural — Moorings will keep buying 100+ new boats a year regardless of import duty. Dockage pressure on unsold inventory is structural. Only the buyer-pool freeze is tariff-dependent. If duties normalize, our margin compresses but our service stack (acquisition, customs, delivery, registration) stays the same value-add.

Can I see the boat before deposit?

Yes — that's exactly what the inspection step is for. We schedule the survey before deposit, then deposit only after you sign off on the report. The order is: browse → inspect → sign → deposit → execute → deliver.

Why don't I just do this myself?

You can. Many DIY importers do — and most of them quit halfway. The friction is real: relationships with BVI brokers, a vetted surveyor in Road Town, a customs broker familiar with CBP-7501 for vessels, a USCG-licensed delivery captain with Caribbean experience and current TWIC. Building that stack takes 12-18 months. We've already built it.