PATH: Home > Contents > Boating & Travel >
Page under Development
Kayaks, Sail, PWC, Ski, Fishing, Pontoon, Barefoot, etc)
Luxury Crewed Yacht Charter Terms
Below is a general guide to the types of contracts, terms and conditions used for luxury yacht charters including what is and isn’t included in your yacht charter.
Charter yacht rates may vary according to the season, peak charter periods, special events and holidays, the number of charter guests, and the region in which the yacht is operating. The charter agreement will clearly define the terms and the charter rate. Items that are included in the charter rate and items that are additional vary according to the terms under which the yacht operates.
There are two main types of luxury yacht charters – namely ‘all inclusive’ and ‘plus expenses’.
Most yachts based in the Eastern Mediterranean or Western Mediterranean, regardless of size will usually operate on a ‘plus expenses’ basis. Some smaller yachts based in the Caribbean, Bahamas or America year round use the ‘all-inclusive’ way of quoting however most of the larger superyachts that visit the Caribbean seasonally will always quote ‘plus expenses’ regardless of their location.
Yachts quoted as ‘plus expenses’ means that in addition to the charter fee, 25-35% of the charter fee will be collected as an Advanced Provisioning Allowance for expenses. Provisioning and preparation is then done by the crew based upon your specific preferences. Food and beverage provisions are custom ordered, charged at cost price. Fuel is also charged on consumption. The benefit of paying for expenses additionally is that you have more control over your costs and you only pay for what is ordered.
The ‘Advanced Provisioning Allowance’ (APA): The Advanced Provisioning Allowance is collected with your final payment and is forwarded onto the Captain in order to prepare for your charter. The APA is estimated at between 20 and 35% of the charter fee depending on the yacht and the charter location. The final expenses may be more or less depending on your individual requirements. The captain will be responsible for the accounting of your expenses; he will advise you periodically as to the disbursement of the APA and will provide receipts at the end of the charter. Should you spend more than your estimated expense allowance, say by ordering unusually expensive items, staying in expensive ports or doing excessive cruising, additional payment will be required during your charter. Conversely, unspent APA will be refunded to you at the end.
‘Plus expenses’ terms are also known as WMT (Western Mediterranean Terms) and are often referred to as “MYBA terms” (Mediterranean Yacht Brokers Association). Under MYBA terms the charter fee includes charter of the yacht and equipment, crew wages and food, ship’s laundry, basic operating consumables, and insurance of the yacht for marine risk, third party claims, and the crew for employer’s liability insurance.
The charterer will be charged, at cost, for all other expenses. These expenses include but are not limited to food and beverages for the charter guests, fuel for the yacht and auxiliary craft, dockage, VAT if applicable, taxes, harbor fees, communications, guest laundry, shore-side electricity and water, onshore transfers and tours and anything else not specifically included in the charter fee.
Yachts chartering in the Eastern Mediterranean will usually use the MYBA contract or EMT (Eastern Mediterranean Terms). The terms quoted can differ depending on the type of yacht (motor yacht sailing yacht or Gulet) and will also differ depending on the country. Under EMT or Turkish terms, rates can include costs such as fuel for four hours’ cruising per day, local cruising taxes and local port fees . These yachts also tend to offer half or a full board menu options.
VAT – There is a VAT imposed by European Union nations. VAT can vary between 5.2% and 20% of the charter fee. Not all yachts are subject to VAT. Specifics of VAT will be discussed directly with you in situations where it might be applicable.
Gratuities – Crew gratuity is customary yet discretionary at 5%-20% of the charter fee based on service received. The recommended level varies depending on where the charter takes place. Often higher gratuities are expected in the US and Caribbean than they are in the Mediterranean and other parts of the world. The gratuity can be handed to the Captain for distribution to the crewmembers at the end of the charter or can be sent afterwards as a via wire transfer.
All inclusive Yacht Charters.
The charter rate for “All inclusive” yacht charters includes the fully equipped yacht, professional crew, fuel for up to 4 hours per day (in most cases), all meals and standard bar which basically means soft drinks, local beer & table wines. Some yachts also include basic spirits. Extra costs would be for communication, dockage and mooring fees, cruising taxes, fine or exclusive wines and foods, airport transfers and anything else not specifically included in the charter fee. Crew gratuity is also customary but discretionary at 10-20% of the charter fee.
In the Caribbean, the ‘all inclusive’ contracts used are primarily the CYBA the (Charter Yacht Brokers Association). AYCA the (American Yacht Charter Association), FYBA (Florida Yacht Brokers Association) are often used for charters in American waters and the MYBA – Mediterranean Yacht Brokers Association plus expenses terms are also widely used in the Caribbean for the larger yachts.
More from CharterWorld.com
BOATING & TRAVEL
^ Events by Regions (Festivals, Rendezvous, Cruises, Races, Derbies, etc)
^ ^ Events – United States
^ Destinations by Regions (Anchorages, Guest Docks, Attractions, Food, Lodging, etc)
^ ^ Destinations – United States
^ Weather & Tides (Sun & Moon, Rise & Set)
^ Boat Rentals & Charters (Kayaks, PWCs, Pontoon, Fishing, Barefoot, Crewed, etc)
^ ^ Boat Rentals & Charters by Regions
^ ^ ^ Boat Rentals & Charters – United States
^ Licensed Masters
^ Commercial Passage (Cruises, Freighters, RV Barge Cruises, etc)
^ Member Voyages
Visit our FEATURED ARTICLES Home Page
to see examples of our website's comprehensive contents!
Thanks to our amazing contributors for the steady flow of articles, and to our dedicated all-volunteer staff who sort, polish and format them, everyday we get a little bit closer to our goal of
Everything About Boats. If you would like to submit an article,
see Submitting Articles.
— TOP 20 MOST POPULAR ARTICLES —
Ford Industrial Power Products Diesel Engines
Lehman Mfg. Co.
Detroit Diesel 8.2
Universal Atomic 4
Chrysler & Force Outboards
ZF Friedrichshafen AG
American Marine Ltd (Grand Banks)
Types of Marine Surveys
Marine Surveyors by Regions
Boat Builders By MIC
DIY Boat Owner Magazine
USCG NVIC 07-95 Guidance on Inspection, Repair and Maintenance of Wooden Hulls
What our nonprofit Anchors Aweigh Academy and its
EverythingAboutBoats.org website have accomplished so far.
- Published over 300 website main topic webpages, many with full articles on the topic. See our Website Contents in the Right Sidebar for the listing of the main topic pages.
- Published over 9,000 marine vendor webpages, all with their contact information, most with a description of their products and services, many with product documentation, specifications and independent reviews. (Includes: Boat designers, boat building tools, material and equipment manufacturers and suppliers, boat builders and dealers, yacht brokers, marine surveyors, boat insurers, boat transporters, skippers and crews, boatyards and marinas, yacht clubs, boat rentals and yacht charters, boating, seamanship and maritime schools, marine law attorneys and expert witnesses, boat refitters and repairers, book authors and publishers, and video producers)
- Acquired over 120,000 pages of product documentation including Catalogs, Brochures, SpecSheets, Pictures, Serial Number Guides, Installation Manuals, OpManuals, Parts Schematics, Parts Bulletins, Shop Manuals, Wiring Diagrams, Service Bulletins, and Recalls. And have made all viewable to academy members through the EAB website.
- Acquired over 1,200 books and magazine back issues in our academy library and so far have made over 700 viewable to academy members through the EAB website.
- Published over 500 DIY How-To articles about boat design, construction, inspection, operation, maintenance, troubleshooting and repair. We are working hard to do more.
We are currently formatting and polishing the Anchors Aweigh Academy online and hands-on courses. The Marine Surveying course has proven to be excellent for both the beginner and the seasoned surveyor, and especially helpful to the Do-It-Yourselfer.
IF YOU ARE NOT YET AN ACADEMY MEMBER,
CLICK HERE to discover how you can become a Member and gain FULL access to
thousands of expanded pages and articles, and dozens of excellent programs
WITH JUST A SMALL DONATION!
Thank you for your support. You make this website possible.
Comments for Public Viewing
Submit any comments for public viewing via email
Please remember to put this webpage's title in the subject line of your email.
All comments are moderated before they appear on this page. See Comment Rules.
FROM Donald: "This is an awesome website. I found the information that I needed right away from one of the over 10,000 free articles that you provide as a public service. I'm surprised that so much if this site is free. But I still signed up so I could access the thousands of expanded pages, interesting articles, and dozens of valuable programs! The member's library of books, magazines and videos that I can view online is really terrific! I understand that you and your staff are all unpaid volunteers. Please keep up the good work. And I commend you for your plans to add another 10,000 free informative articles over the next year. I'm thrilled to support you in this endeavor with my small membership donation. Thanks again for all your hard work."
FROM Huey: "I agree with my Uncle, I too have found the articles to be very enlightening. They say that it will take about 50,000 articles to cover the full scope that they have envisioned for the website. They have over 10,000 articles so far and that's doing pretty well, but it could take several years to get the rest. I also noticed that many of the Main Topic Pages and some of the article pages are still in the rough draft stage. I guess that they will fill in as they can get volunteers to work on them. But what I can't figure out is why anyone would spend the time writing informative in depth articles just to give away free to this website for publication? What's in it for them?"
FROM Dewey: "Well Huey, to me It looks like most of the articles on this website are written by very informed people, like boating instructors, boat designers, boat builders, riggers, electricians, fitters, marine repair technicians and marine surveyors. Writing such articles helps establish them as knowledgeable professionals. After all, this website was originally created by a school for marine technicians and marine surveyors. The website is growing in content every day. They even had to move to a bigger, more powerful server on October 15, 2018 because the website's traffic has been growing exponentially."
FROM Louie: "I agree with everyone above. This site is quickly becoming the ultimate reference resource about every aspect of boats and ships for everyone from the beginning recreational boater to the seasoned professional mariner. I use the topic pages on the right sidebar to browse around the website. It's like a Junior Woodchucks' Guidebook for Boaters. Their Members' Library of over 300 popular and obscure books and over 200 magazine back issues that can be viewed online is fabulous. The Academy's magazine is especially informative. On top of that, there is the "Ask-An-Expert program for members where you can get an expert's answer to any of your boat questions. And a whole years membership is only $25. What a deal! I really love being part of this "Everything About Boats" community and help provide thousands of helpful articles free to the public. I think that I'll sit down right now and write an article about my experiences boating with my uncle."
FROM Scrooge: "You rave about this website like it was the best thing since sliced bread. Well, I think it stinks. Sure, it has a lot of good information for boaters, and they're adding more every day, but it will probably never be finished. Furthermore, I don't even own a boat. And I wouldn't have a boat even if someone gave me one. Boats are a waste of money and time and energy and money! They're just a hole in the water you pour money into. If you gave me a boat, I'd sell it quicker then you could say Baggywrinkle. Then I'd lock up the cash with all my other money so I could keep my eye on it and count it every day. Bah humbug."
FROM Daisy: "I'm just so glad that Donald got the boat so we and the boys could enjoy boating — together. And of course all of the girls, April, May, and June, love to be on the water too, especially when that is where the boys are. Oh poor Scrooge, boating is more fun then you could possibly imagine."
FROM Scrooge: "After seeing how much fun you all have on the water together, I regret that I didn't have that much fun when I was young. I've had a change of heart, and I'm giving each of you a Lifetime Academy Membership."
FROM Editor: "For those of you that have stayed with us this far, Thanks. You inspire us to keep working on this labor of love. We know that we have a lot more to do. Ultimately, we hope that we can help you enjoy the wonder filled world of boating as much as we do. We are all waiting to see what you have to say about this webpage article. And we assure you, your corrections, updates, additions and suggestions are welcomed. Let's work together on this." ♥
ame: T ext.
Academy Members' Comments & Reviews
♥ Academy Members must be signed in to post and view ♥