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Guide to Yacht Charter
Information on chartering Luxury Yachts
Motor
Yacht or Sailing Yacht?
The first thing to consider is whether you want to charter a Sailing
Yacht or a Motor Yacht. Motor Yachts are faster and better suited
to people looking to visit as many places as possible in a short
period of time. They also tend to be more spacious and luxurious.
Many modern Motor Yachts resemble floating 5 star hotels.
Sailing Yachts on the other hand appeal to those looking for a more
relaxed pace and a sense of adventure.
The Charter
Once you have decided what type of yacht you prefer, you need to
ask yourself the following questions:
How many guests will there be?
Where do you want to cruise?
When do you want to go and for how long?
What is your budget?
When you contact us, we ask that you provide us with as much information
as possible. Will there be children in the party? Are there any
facilities that you particularly want to have onboard? The more
you tell us, the better job we can do in finding you the perfect
yacht.
The Yachts
Once we have established your exact requirements, we will then send
you detailed information and photos of suitable yachts available
for your chosen dates. It’s then up to you to decide which
yacht to go for.
The Charter Agreement
Once you have chosen a yacht and wish to proceed with a booking,
we will then send you the MYBA Charter Agreement. The agreement
will show the name of the yacht, charter period, number of guests/crew
and the port of delivery/redelivery. If you have any questions,
then let us know.
Download a sample MYBA Charter Agreement
WMT – Western Mediterranean Terms
Most of our yachts charter on MYBA WMT Terms. Here is a brief explanation:
The Charter Fee includes the charter of the yacht with all its equipment
in working order, tools, stores, cleaning materials, basic consumable
stores for engine-room, deck and cabins etc.; the crew's wages,
food; the insurance of the yacht for marine risk and third party
claims and the crew for employer's liability.
The Charterer will be charged extra, at cost, for all other expenses.
These will include fuel for the yacht, RIB or other tenders; food,
wines, beers, spirits and soft drinks for the Charterer, other consumable
stores, berthing dues and other harbour charges away from the yacht's
own berth, including pilotage fees and charges for water and electricity
taken from the shore, laundry, telephone, fax or telex via radio
or Inmarsat, as well as the hire costs of any special equipment
placed on board at the request of the Charterer.
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 to cover the expenses shown above. 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.
Payment
50% of the charter fee is payable on signature of the charter agreement
with the balance and APA due one month before your charter begins.
VAT
Most of our yachts are commercially registered and are VAT exempt.
In certain cases VAT is payable on the charter fee. The amount depends
on the yacht's port of registration and where she is operating.
Insurance
We recommend that you take suitable Cancellation and Curtailment
Insurance if unforeseen circumstances prevent or cut short your
charter.
Gratuities
A yacht's crew works very long hours to make your charter a success.
If you feel that the crew has been excellent, it is customary to
offer a gratuity of 10% of the charter fee. If you feel that
the crew has been truly exceptional then you may wish to offer more.
The gratuity should be handed to the captain at the end of the charter
for distribution amongst the crew.
The content of this page is for informational purposes and is non contractual.
If
you have any questions not answered on this page, please contact
us at charter@elmarine.com
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