Cost comparison

What does your boat cost,
landed at your port?

A custom aluminium catamaran built in Vietnam is typically around 30–40% cheaper by the time it reaches you — even after ocean freight, import duty and VAT or GST — than the same boat built in Australia, the UK or Europe. Choose a vessel and destination below to see the figures and exactly how they're built up.

Ex-works price · at our yard$570,000
+ Ocean freight & cradle to Sydney$45,000
= CIF value at destination$615,000
+ Import duty (5%)$31,000
+ GST (10%)$65,000
Estimated landed cost · Australia$710,000
Your indicative saving
$293,000$544,000

That's roughly 2943% less than a Australian-built equivalent, which would land at an estimated $1,003,000$1,254,000 at Sydney — including its own taxes.

Indicative estimate only — not a quotation or tax advice. Freight, duty and GST depend on the final specification, HS classification, route and current rates. Confirm with a licensed customs broker; request a formal Lux Marine quotation for firm figures.

At a glance

A 48ft cruising catamaran, landed worldwide.

Ex-works $570,000 at our yard. Below is the estimated all-in landed cost at a representative port in each market, against a locally-built (or, in the Gulf, European-built and shipped-in) equivalent. Figures are indicative.

Delivered toDuty + taxEst. landed · Lux MarineComparable buildSaving
Australia5% + 10%$710,000$1,129,000~37%
New Zealand5% + 15%$746,000$1,082,000~31%
United Kingdom1.7% + 20%$781,000$1,231,000~37%
France1.7% + 20%$783,000$1,163,000~33%
Italy1.7% + 22%$797,000$1,182,000~33%
Germany1.7% + 19%$779,000$1,153,000~32%
United Arab Emirates5% + 5%$670,000$1,118,000~40%
Saudi Arabia5% + 15%$739,000$1,228,000~40%
Qatar5% + 0%$641,000$1,067,000~40%

Gulf comparisons are against a European-built equivalent shipped to the destination port, as there is no comparable local aluminium-catamaran building industry.

How the numbers work

Landed cost, step by step.

01 · EX-WORKS

The price of the finished vessel at our yard in Bà Rịa–Vũng Tàu. This is where Vietnam's advantage sits — the same hull costs far less to build here than in Australia, the UK or Europe.

02 · FREIGHT + INSURANCE

Ocean transport to your port on a yacht carrier or as breakbulk, plus the in-house cradle and marine transit insurance. Added to ex-works, this gives the CIF (Cost, Insurance, Freight) value.

03 · IMPORT DUTY

A percentage of the CIF value, set by the destination country and the vessel's HS classification — typically modest (around 1.7% in the EU/UK, 5% in Australia and the Gulf).

04 · VAT / GST

Charged once at clearance on the landed value (CIF + duty). This is usually the largest add-on — and a locally-built boat pays the same VAT or GST on its sale price, so it's not a Vietnam-only cost.

Because VAT/GST applies to a local build too, the saving comes almost entirely from the lower ex-works price. Freight and duty close part of that gap — but on a vessel of this size, not all of it. A 48ft cat that's $570,000 ex-works lands near $710,000 in Australia, against roughly $1,129,000 for an Australian-built equivalent — a gap of about a third that holds up across markets.

Cost questions

The financial logic, answered.

Is a Vietnam-built boat really cheaper once you add shipping and import duty?+
For larger aluminium vessels, yes — typically around 30–40% less by the time it's landed at your port, even after sea freight, import duty and VAT/GST. The reason is simple: the gap in build cost at the yard is large enough that freight and taxes only close part of it. The calculator above shows the full breakdown so you can see exactly where every dollar goes.
What's included in the landed cost?+
Ex-works price at our yard, export preparation and the shipping cradle, ocean freight to your chosen port, marine transit insurance, import duty and destination VAT/GST. It excludes local items that depend on your country and vessel: registration and survey, commissioning, antifoul and launch, and berthing.
How is a catamaran actually shipped?+
Larger multihulls travel on a semi-submersible yacht carrier or as breakbulk cargo; smaller craft ship containerised. We design and build the transport cradle in-house and manage loading and export documentation end to end.
Do I end up paying VAT or GST twice?+
No. Import VAT/GST is assessed once, at customs clearance into the destination country, on the landed value. There's no second charge on top.
What about a small tender or dinghy — is that cheaper too?+
Not on its own. For small craft the fixed cost of international shipping is heavy relative to the boat's value, so a single dinghy shipped solo rarely beats a local one. It only makes economic sense ordered in a container batch, or built alongside a larger vessel and shipped with it.
Are these figures a quotation?+
No — they're indicative estimates for general guidance, designed to show the financial logic. Duties, taxes, freight and exchange rates change and depend on the exact specification. We provide a formal fixed-price quotation on request.
Important

All figures on this page are indicative estimates for general guidance only and do not constitute a quotation, an offer, or financial, legal or tax advice. Freight, import duty and VAT/GST vary by vessel specification, HS classification, shipping route, port, exchange rate and current regulations, and change over time. Comparable-build prices are market estimates, not specific competitor quotes. Always confirm duties and taxes with a licensed customs broker in the destination country, and request a formal Lux Marine quotation before making any decision.

LUX MARINE

Your vision, our craft.

Custom aluminium catamarans and bespoke marine builds, delivered worldwide from Vietnam.

Contact

Mr. Adonis A. Sevilla · CEO
adonis.sevilla@lux-marine.vn
+84 794 706 657

Kerry S. · Int'l Sales & Marketing Manager
internationalsales@lux-marine.vn
+84 346 503 825

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