As fractional luxury yacht ownership continues to grow in popularity, so do the options for consumers. Last week yacht management company SharedYachts announced a three year partnership with Black Pearl Yacht Sales to extend their fractional ownership yacht inventory.

SharedYachts currently features 12 yachts ranging from a 26’ Albin fishing boat to a 98’ Broward yacht that accommodates seven guests and a crew of five. The agreement with Black Pearl Yacht Sales added to their inventory a Hunt 33 Surfhunter and a Santa Cruz 41 Coastal Flyer. A third yacht, a 50 Post Sport Fisher, will be available in the future.

“Dealers are starting to offer different ways to buy a yacht,” explained Shane Smith, VP of marketing at SharedYachts. Smith was referencing fractional ownership, an already popular alternative to owning other luxury items like private jets and vacation homes. “When it comes to fractional [yacht] ownership, our experience and management services are invaluable.”

The agreement also extends SharedYachts’ Florida presence to Naples and Marco Island. Now located in eight Florida cities, SharedYachts plans to further expand internationally to Puerto Rico and Port Lucaya in the Bahamas.