Charter Terms

When is High/Low Season When is Summer/Winter
Mediterranean
High Rates: Summer (July, August, Special Events)
Low Rates: Winter (All other months) Nov 1 to June 30
Caribbean
High Rates: Winter (December 15 – April 30)
Low Rates: Summer (May 1 – December 14)
Once you have decided to proceed with the booking, we will sign a charter contract.
This is between yourself, the charterer and the vessel’s owner.
The brokerage commission is included in the charter rates.
Charter Contract Terms
Caribbean Terms & Mediterranean Terms (MYBA) contract are regarded as the reliable industry standard and is endorsed by leading London maritime lawyer.
Caribbean Terms
All meals included.
Not Included: Bar, Beverages and local Taxes extra (Typical for yachts in St Martin to Grenada.)Port fees on some yachts.
All Inclusive
All inclusive normally means: Captain, professional chef, 3 meals each day with wine, full ships bar (excluding vintage wines, champagne, dockage and communication), water toys and all on deck amenities. All other expenses will be charged in addition to the charter rate (fuel)
Please check with clearing house/Central Agent to confirm Rates & Terms
Mediterranean Terms (MYBA)
Charter of the yacht with all its equipment in working order
Tools, stores, cleaning materials and basic consumable stores for the engine room, deck,
galley and cabins
Laundry of ship’s linen
Crew wages, uniform and food
Insurance of the yacht for marine risk and third party claims
Insurance of the crew for employer’s liability insurance.
Plus expenses
All other expenses will be charged in addition to the charter rate
Plus Expenses / Aditionals Costs to the Charter Contract
Advance Provisioning Allowance (APA)
In addition to the charter fee, you will also be asked to pay an APA 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 and provision the yacht as per your demands. 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
All other expenses will be charged in addition to the charter rate:
Unless specified differently, the following charges are additional :
Berthing fees – vary according to the size of the charter vessel, location and time of year
Fuel costs – for the chartered vessel, its tenders and watersports toys
All harbour, pilot and divers’ fees
Customs formalities
Water and electricity
National or local taxes (where applicable)
Food and beverages for charterers and guests
Personal laundry
All communications costs incurred by you and your guests
Agents’ fees when Captain has felt it necessary to use local shipping or supply agents
Taxes
Value-added tax (VAT) and other cruising fees
In most cases worldwide, for a charter yacht to operate legally, it has to be registered as a commercial vessel. As a result, no VAT is therefore applicable on the charter fee. However, in some countries, a specific local or government tax may be applicable on the charter fee. These vary from country to country from – France 10% to 20% – and, in some cases, from yacht to yacht.
Gratuity
While customary, the crew’s gratuity is entirely a matter for your personal discretion. If you are satisfied with the level of service received on board, we would suggest an amount of 5%–15% of the charter fee (to be split equally between the crew).
Conditions of payment
A deposit of 50% is required to confirm the booking when signing the charter agreement. The balance plus the APA, taxes, fees and a security deposit, is due four weeks prior to the agreed boarding date.
If the yacht is booked under MYBA terms, you must make an additional advanced payment for fuel and provisioning along with the second instalment.
The APA amount varies from yacht to yacht. When the charter is completed, the Captain will provide a final, itemised statement of account showing if a refund or any further cash payments are due.
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