Most charter rates quoted imply that the yacht will be provided to the charterer in full commission and with all necessary equipment, properly insured for marine risks and managed by a crew (if any), whose wages, food and clothing are for the owner’s account. All other operating expenses are payable by the charterer and comprise (but are not restricted to) …
WHAT DO I NEED TO DO TO SECURE MY CHOSEN YACHT?
All charters are subject to a fully executed contract, so once the availability for your chosen yacht has been verified; you will receive a standard reservation invoice and an (MYBA if applicable) Charter Agreement for signature. If your chosen cruising itinerary necessitates embarking or disembarking from a point other than the yacht’s home port, positioning charges (delivery/redelivery fees) may be …
AM I COVERED BY INSURANCE?
We strongly recommend that charterers take out Cancellation and Curtailment Insurance to protect their investment if unforeseen circumstances prevent or curtail their charter. Additionally, all members of the charter party should be covered by Personal Accident and Medical Insurance, and their personal effects should be insured against theft, loss or damage. Other forms of insurance, such as Charterer’s Liability may …
IS VAT APPLICABLE ON THE CHARTER FEE?
VAT (Value Added Tax) is usually charged on the Charter Fee in European territorial waters. Rates can vary according to the place of embarkation, the type of yacht and the chosen itinerary. We will advise you on the latest tax situation for any country you wish to visit.
WHAT ARE THE PAYMENT TERMS FOR A CHARTER?
A deposit of 50% of the total charter fee is payable by bank transfer on the signature of the Charter Agreement. This confirms your booking. The remaining 50%, plus an APA Advance Provisioning Allowance, together with any taxes, delivery/redelivery fees and any additionally agreed charges, is payable by bank transfer one month before the charter commences.