The Institute has acquired The Seasteader I, a seaworthy, 230-foot ship from a generous donor. We are actively pursuing preliminary proposals to charter the ship. As a non-profit, we are able to offer this vessel at substantially below market rates to a group whose use will advance our mission of establishing permanent human habitation on the oceans. We are offering a “bareboat” charter, in which the charterer takes on all costs associated with the ship, such as crew, insurance, registration etc.
The Seasteader I was built in 1985 and is rated to carry 900 people on four decks. Earlier this year she was appraised at $10 million dollars. Docked on the East Coast of Florida, she was originally a passenger ferry, and more recently a gambling ship. Her solid structure and spacious interior present endless opportunities for seasteading entrepreneurs looking for a malleable space for their ocean startup.