2024
Charter rates include:
Hire of yacht and her equipment (on board entertainment equipment, auxiliary crafts and water toys included) and crew wages.
Charter rates do not include:
All crewed yachts are quoted ‘Plus Expenses’ and the specific terms often referred to as "MYBA terms" stipulate that 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. Yachts quoted as ‘plus expenses’ means that 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(s) and water toys, berthing fees, harbor and pilot fees, customs charges, divers' fees where required, communication charges, VAT, taxes, communications, guest laundry, shore-side electricity and water, onshore transfers and tours and anything else not specifically included in the charter fee.
APA (Advance Provisioning Allowance): In crewed charters, the Charterer pays upfront an estimated amount for these expenses, this is then forwarded to the Captain who will be responsible for making all payments as necessary, accounting of Charterer’s expenses, advising the latter periodically as to the disbursement of the APA and providing at the end of the charter a breakdown with as many receipts as possible. The amount provided up front for such expenses is called Advance Provisioning Allowance (APA), it is collected with the last payment before the charter and its purpose is to enhance the level of services rendered, by allowing the Charterer to remain un-distracted by day to day expenses. Deductions from APA represent expenses accrued and paid for from APA. Being an estimated allowance, APA is usually calculated at between 20 and 35% of the charter fee depending on the yacht specifics and the charter location. The final, actual expenses accrued may be more or less depending on Charterer’s individual requirements. Should the Charterer spend more than their estimated expense allowance, additional payment will be required during their charter and under all circumstances the Charterer must settle all accounts in cash before disembarking at the end of the charter. Conversely, any unspent APA will be refunded to the Charterer at the end of the charter.
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