What is the Advanced Provisioning Allowance, APA?

Walterkruk

The APA amount is used to cover expenses incurred during the course of the charter such as fuel, food, beverages, mooring fees and other expenses not included in the Charter Fee. The captain of the yacht is responsible for accounting for all APA expenses during the charter and the breakdown will be presented to you in a clear manner at the end of the charter. The Advance Provisioning Allowance (APA) is due at the time of the final charter payment.

Under MYBA Terms, this sum is usually equivalent to 25% of the total charter fee, but maybe 30% in some cases. If the costs incurred during the course of the charter are less than the APA deposit, then the difference will be refunded to the Charterer at the end of the charter. If the costs incurred during the course of the charter that is over and above the APA deposit then this difference will be payable by the Charterer at the end of the charter.

Categories: Before you book a yacht holiday, During your Yacht Holiday

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  • A fantastic week sailing! | Erik
    We are a family of 8 and wanted to sail for a week on the Greek islands. As we are not advanced sailors, we chose to hire a skipper. We had the luck to get Walter as a skipper in the Piraeus Marina, where we started for our week in the Saronic Sea. Arriving on Saturday, we started our sail ...
  • Sailing the Argo-Saronicos in July 2017 | Melissa
    My two daughters and I sailed with Walter and Aleka in the Argo-Saronic in July and couldn’t possibly have had a better experience. From the planning stages, it was a pleasure. He was helpful finding a sailboat that fit our needs and budget. We were very inexperienced in sailing, so his input led to the right boat and the right ...
  • Thanks to Ocean Nomads! Highly recommended!
    I had one week on board of “Argo”. Yacht is good, clean, and it is very easy to sail. Walter is an owner, and he assist with all issues. Great man and experienced skipper. Highly recommended! Stas Blokhin