Yacht Charter Guide
Questions to ask when considering which yacht to charter:
• How many guests will be in the party
• How many cabins are required
• Where do you want to cruise
• When do you want to go, and for how long
• What is your overall budget
• Are you more interested in a motor yacht or sailing yacht
• Are there any specific facilities or requirements
• What level of crew service do you require
Charter Agreement – Western Mediterranean Terms (WMT)
All our yachts are sourced through the MYBA (Mediterranean Yacht Brokers Association) network, and every single charter we arrange will use the latest format of MYBA contract, which is designed to protect our clients against any disappointment or financial loss.
A charter fee is payable for the exclusive charter of the yacht. The Charter Fee includes the charter of the yacht with all its equipment in working order, tools, stores, cleaning materials, basic consumable stores for engine-room, deck and cabins etc.; the crew’s wages, food; the insurance of the yacht for marine risk and third party claims and the crew for employer’s liability.
In addition to the charter fee, you will also be asked to pay an APA (Advanced Provisioning Allowance) of 25-30% of the charter fee. This is given to the yacht in cash prior to your charter to allow the captain to buy fuel, provision the yacht with food and drink as per your demands, and cover any other expenses relating to the cost of your charter (including fuel for RIB or other tenders or jet skis, fuel for generators; consumable stores; berthing dues and other harbour charges away from the yacht’s own berth, including pilotage fees and charges for water and electricity taken from the shore; laundry, telephone, fax or telex via radio or Inmarsat). At the end of the charter, the captain will produce full accounts of all expenditure. You will either be refunded any money not used or asked to pay any additional costs not covered by the APA.
Charter Agreement – Caribbean Terms
Under Caribbean terms, there are a variety of agreements offered, including all inclusive packages (more typical on sailing yachts), with all catering and bar included in the charter fee.
A 50% deposit will be required to confirm a booking. This is due upon the signing of the charter agreement. The balance and the APA is normally due 30-60 days before the start of the charter.
We recommend that you take suitable Cancellation and Curtailment Insurance if unforeseen circumstances prevent or cut short your charter.
A yacht’s crew will work extremely hard and very long hours to make sure that your charter is a total success, and whilst not mandatory it is customary to leave a gratuity (tip) at the end of a charter. For excellent service it is typical to leave a tip of 10% of the charter fee, which should be given to the captain for disbursement to the rest of the crew.
MYBA – Mediterranean Yacht Brokers Association
MYBA is a trade association with the aim of promoting standards of professionalism and ethics in the yachting industry throughout the Mediterranean. The MYBA charter agreement embodies all aspects of Western Mediterranean Charter Terms, and is the contract of choice for professional charter brokers.