CHARTER GUIDE

Chartering a luxury yacht can be a complex business, but do not worry and just relax! Our professional charter brokers take care of every detail and dedicated to provide the best assistance and advice after receiving your enquiry and through the entire process of your charter.  After you have selected a yacht from our portfolio, decided the suitable dates and ports of embarkation / disembarkation, you will receive a standard MYBA Agreement for signature. MYBA (Mediterranean Yacht Broker Association) is a global trade association , founded in 1984 by a group of prominent yacht brokers with the aim of promoting the highest standards of professionalism and ethics in the yachting industry both throughout and the Mediterranean and worldwide. In the MBA terms contract ; the charter rate includes the hire of the yacht with all its equipment in working order , tools , stores , cleaning materials , the crew’s wages , the crew’s subsistence , the insurance of the yacht for marine risk and third party claims and the crew for employer’s liability. All other operating expenses are payable by the charterer as fuel for engines and generators , fuel for tenders and motorised water toys , harbour fees & taxes , custom clearances , all food & drinks , pilotage fees , communication costs and others. In the booking some yachts (mostly motorsailers and gulets) ,  the EMT (Eastern Mediterranean Terms) and gulet terms may apply to the charter contracts ! The charter rate includes; the fuel for up to 3-4 hours cruising per day, fuel for generators (usually limited to A/C usage hours per day) , public harbour fees & taxes. We will provide full details of any charter terms that vary from standard MYBA terms when presenting the relevant yachts. In addition to the charter fee, you will also be asked to pay an APA (Advance Provisioning Allowance)! This guarantee deposit is used to cover all expenses not included in the charter rate. Depending on the yacht, the provisioning requested by the Charterer, the number of guests and the days of the cruise, the client pay the respective amount. The APA amount is usually 25-30% of the charter fee. This is given to the yacht’s Captain in cash , prior to your embarkation , to allow the Captain and the crew to buy fuel , provision the yacht with food & drinks as per your demands , and cover any other expenses relating to your charter ( including harbour fees & taxes , fuel for generators , fuel for tenders or motorised water toys , laundry , airport transfers and others ). The Captain will ensure that your yacht is fully fuelled and provisioned when you step on board. He will advise you periodically as to the disbursement of the APA , and can ask you to re-provision if the balance is not big enough to finish the charter. At the end of the charter , the captain will produce full accounts and receipts of all expenditure which is charged on an at-cost basis ! You will either be refunded any money not used or asked to pay any additional costs not covered by the APA. Charter rates are quoted per week for the hire of the yacht! The period less than a week may be accepted, depending on the time season. Charters over seven days are calculated pro-rata against the weekly rate divided by seven and multiplied by the number of days.  High season rates apply to the most popular charter periods ; July and August ! Low season rates apply to all other periods. Delivery / Redelivery fees may be applied to charters that require the yacht to start or finish your charter away from the yacht’s home port! .
Terms of Payment: A deposit of 50% of the total charter fee is payable by bank transfer on signature of the Charter Agreement to confirm your booking. The remaining 50% of the charter fee , plus APA , delivery/redelivery fees , any taxes and any additionally agreed charges , is payable by bank transfer one month prior to embarkation. If the charter is booked less than one month before embarkation, the full payment is required, including APA, delivery/redelivery fees , etc... At least three weeks prior to embarkation; we will ask you to complete a  Preference Sheet to itemise in detail your requirements for provisioning of food & drinks , preferred itinerary , your flight details , passenger’s names and passport details , recreational interests , medical requirements and any special requests. This will enable us and the crew of your chosen yacht to ensure that everything possible is done to make your charter perfect and enjoyable! At any time during the charter, you can discuss with the Captain your ideas for the itinerary and provisioning in more detail should you wish to.