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Day Charter

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What is day charter, what is event charter, what type of boat is suitable for a day charter, what are the prices for day charter, which qualifications do i need for a day charter.

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Why Boatsetter?

As the global leader in peer-to-peer boat rentals, Boatsetter offers an easy, safe and accessible way to experience on-the-water adventure. With boat rentals in 600+ locations, finding a boat is easy and with the option to tap into the largest network of USCG licensed captains, boating experience is not required.

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Choosing the right boat rental platform is essential to your peace of mind while on the water. That's why we've gone the extra mile to focus on safety through our exclusive partnership with GEICO Marine and BoatUS. As the first and only boat rental marketplace to offer insurance on every peer-to-peer rental, you are protected during all rentals with insurance coverage and on-water assistance through TowBoatUS.

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Frequently asked questions

What makes Boatsetter different from other boat rental platforms?

What makes Boatsetter different is peace of mind. Boatsetter is the first and only boat rental marketplace to offer insurance on every peer-to-peer boat rental. We know choosing the right boat rental platform is essential to your experience while on the water. That's why we've gone the extra mile to focus on safety through our exclusive partnership with GEICO Marine and BoatUS. As the first and only boat rental marketplace to offer insurance on every peer-to-peer rental, you are protected during all rentals with insurance coverage and on-water assistance through TowBoatUS.

How to rent a boat on Boatsetter?

At Boatsetter, our mission is to make getting out on the water as easy as possible. With our intuitive booking system, you can rent a boat as soon as today. -First, you must determine your budget and the type of boat you want to rent. -Next, decide where you would like to boat and the kind of boat you would like to spend the day on. -Finally, determine if you will be needing a boat captain and reach out to the boat owner. That’s it! You’re officially on your way to a fantastic day out on the water.

How much does it cost to rent a boat?

The cost to rent a boat depends on whether you are renting for a half-day or a full day, the boat features and the boat size can impact your boat rental price. Rental prices can range from $200 to $1,000 plus depending on the boat rental itself and the length of time of the rental.

How many people can fit on the boat rental?

The number of people who can fit on boat rental largely depends on the boat’s size and how many life jackets are on board. Currently the coast guard allows a maximum of 10-12 people on a Boatsetter boat rental.

How much does it cost to rent a yacht?

The cost of renting a yacht depends on the boat’s size and the amount of time you’ll use the yacht. The onboard amenities and luxurious accommodations also dictate the price. You can contact our yacht specialists for a custom quote by visiting https://www.boatsetter.com/luxury-yacht-charters .

How old do you have to be to rent a boat?

You must be 18 years old to rent a captained boat and 25 years old if you would like to rent a bareboat charter.

Do I need a boating license to rent a boat?

Boating license requirements vary from state to state. As a renter, you are responsible for understanding local state requirements.

Can you rent a yacht for the day?

Boatsetter allows you to rent a yacht for the day. Single-day yacht rentals are available for a select number of yachts. To chat with a yacht specialist please visit https://www.boatsetter.com/luxury-yacht-charters .

Can you rent a yacht for the week?

Boatsetter allows its customers to rent a yacht for the week. Renting a yacht for a week gives you more access to the wide range of yachts available on our platform. You can either book a rental directly through the site or connect with one of our charter specialists to plan your trip here: https://www.boatsetter.com/luxury-yacht-charters .

Can you rent a yacht for the month?

Booking a month-long yacht rental is a detailed and hands-off process when working with our team of yacht charter specialists. We tailor each yacht charter to our client's specific wants and needs. Our luxury yacht charter specialists can be reached at (954) 715-4114 or by visiting https://www.boatsetter.com/luxury-yacht-charters .

How to rent a private yacht?

Renting a private yacht is a very detailed experience that caters to your exact needs while onboard one of our luxury yachts. To plan your private yacht rentals experience please visit https://www.boatsetter.com/luxury-yacht-charters .

How much does it cost to rent a pontoon boat?

The cost of renting a pontoon boat depends on the size, location, and rental time of the boat. Prices can range anywhere from $200 for a half-day rental or just under a $1,000 for longer rentals.

How much does it cost to charter a yacht?

The cost to charter a yacht varies depending on the boat size and the length of the charter. Prices typically range from less than $1,000 to $5,000 plus if you’re wanting to charter the yacht overnight.

How much does it cost to rent a boat for the day?

The cost of renting a boat for the day on average ranges from $200 to $1200. The cost to rent a boat varies depending on the size of the boat and the length of time that you will be using the boat.

How does the boat insurance work?

Boat insurance typically covers loss caused by things such as fire, sinking, storms, and collisions. The extent of the coverage varies depending on the policy.

Do I need my own insurance to rent a boat?

You do not need boat insurance when renting with Boatsetter. Coverage is provided under the Peer-to-Peer Boat Rental Policy, which is underwritten by GEICO Marine Insurance Company. The policy was written from the ground up as a stand-alone recreational boat rental insurance policy covering the period of time that the boat is being rented and is available for all non-commercially insured boats.

Does Boatsetter screen renters?

Yes. We use a system called Cognito to ensure that payment information matches the renter's identity. We also require renters taking out a captained boat to be at least 18 years old and on a bareboat to be at least 25 years old.

Is listing my boat on Boatsetter free?

Yes! Listing a boat is completely free. We only take a commission when your boat is rented. We only make money when you do!

What if I'm not comfortable having a renter drive my boat?

If you are not comfortable having a renter drive your boat, we have an expansive network of licensed and experienced captains. Once your boat is listed, you can filter through our network of captains and favorite captains in your area that you would like to operate your boat.

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Boatsetter lets you make money renting out your boat. Peace of mind and insurance is included in every rental, and you choose who rents your boat.

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Welcome To Day Yacht Charters

Day Yacht Charters is extremely pleased to provide charters in the Mexican Pacific Charters, Atlantic, Caribbean, Sea of Cortez and also Gulf of Mexico. They are completely serviced by us, which each of these exotic destinations hold in common. We are number #1 and highly regarded in the yacht charter business whilst establishing some of the most extensive fleets in all of Mexico. There is a charter yacht for almost any budget from smaller sized cruise boats to a huge over 100 foot high-end mega yacht. We can cater and also schedule your tour however you choose. Make a reservation with DayYachtCharters.com today.

Destinations

Day Yacht Charters has been providing its clients with exclusive luxury yacht charters as well as sport fishing for decades. Providing for Ls Cabos with one the most extensive fleets accessible.

Cacun luxury yacht charters boasts probably the most extensive fleets in all of cacun. We provide you with a wide selection of luxury yachts, power boats and fishing cruise liners. We are the ideal company for just about any kind of aquatic venture you may wish to encounter.

Take pleasure from the peaceful, sun dappled water of the sea of Cortez glitters while you absorb the natural splendor of the soothing sea-side city. Enjoy the ambiance as you cruise along on your private luxury yacht.

Playa del Carmen, Riviera Maya Luxury yacht Charters works hard to provide clients with first class services that will adequately please them. We organize custom-made yacht charters to meet the wishes of all our valued customers.

Enjoy a private cruise aboard the luxury yacht of your choice we're much more then just a Private Boat Rental enterprise, Acapulco Yacht Charters and Boat rentals offering charter in Acapulco for over 10 years.

Our crew at Puerto Vallarta Luxury yacht Charters works hard to provide clients with first class services that will adequately please them. We organize custom-made yacht charters to meet the wishes of all our valued customers.

Day Yacht Charters

Grand Cayman's Charters, we provide you with a wide selection of luxury yachts, power boats and fishing cruise liners. We are the ideal company for just about any kind of baot rental you may wish to encounter.

We offer a varied selection of high quality tours as well as private charters. . Enjoy the ambiance as you cruise along on your private luxury yacht.If you are looking for an unspoilt charter paradise, you've found it here.

Puerto Del Rey is located on the east coast of Puerto Rico, between San José and St. Thomas. It features the largest marina in the Caribbean and has a capacity for charter boats from 30 feet all through to huge yachts of over 200 feet.

Experience Miami aboard one of our luxury yachts. Our professional crew and staff members will certainly make sure you get an adventure of a lifetime. Charter any one of our yachts for the day and enjoy it for an incredible sunset cruise.

Bahamas is certainly one of among the most desirable regions in the Caribbean to hire a luxury charter yacht charters. Bahamas yacht charters are famous and highly regarded all over the world mainly because the Islands feature lovely beaches and amazing shallow waters.

We provide Seattle boat rentals for individuals, couples, and groups, large or small. Are you planning a corporate function, a fishing expedition, a wedding, or special event? We can help!

Our well-qualified team are going to schedule your next charter having only one objective which is to ensure that it is as exclusive and exhilarating as possible. From whale watching to marriage ceremonies, nothing at all is beyond reach of our competent team. With over 15 years of experience in the charter business, we know exactly what is needed to make that special day come a reality. We are constantly in search of ways to make your charter adventure more exciting. Each luxury yachts that we offer you for charter are adequately crewed & provide the best in luxury for the tour of a life-time. Working with the yacht's crew, we set up customized itineraries to satisfy your tastes and need.

Choose a destination. Visit Los Cabos Cancun, Playa del Carmen Riviera Maya, Puerto Vallarta Mexico, Bahamas, Cayman Islands, Antigua or Seallte Wa in summer.

Specializing in Luxury Crewed Motor Yacht Charter and Boat Rentals. if you would like to experience a great day out on the waters, a crewed luxury yacht charter is what you're looking for. With yachts ranging in size from 40' to over 120 feet, you will never feel crowded, your crewed yachting experience is sure to be the high of your vacation. Rather you're looking for a day trip to multi-days or even a week-long charter you have come to the right, place.

Quality Services

Day Yacht Charters is the leading, luxury yacht rental company and specializes in serving up the best luxury yachts to our customers.

Yachting Cuisine

Despite aboard a luxury yacht charter, get prepared to dine on the finest exquisite cuisines, prepared and properly made by a world-class chef.

Week Long Charters

Despite aboard a luxury yacht charter, get prepared to dine on the finest exquisite cuisines, prepared and properly made by a We provide week-long charter customized to the specifications and wishes of you and your guests, with a knowledgeable crew committed to providing a memorable experience.

Crewed Charters

With our crewed charters, you could explore some of the most attractive resorts in the world on your own yacht, at your own speed with your own private yacht and crew.

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How much does it cost to charter a yacht?

There are many things to consider and first time charterers can be left confused, that's why we've created a comprehensive guide to yacht charter prices (with a checklist).

The good news: It’s easy to grasp the basics of yacht charter pricing. And with one of our experts in your corner, we can help you more accurately estimate the cost of your next once-in-a-lifetime vacation.

The cost of a yacht charter is dependent on a number of factors, including the type of yacht, the charter destination, local taxes, and the base cost. (If the yacht has a celebrity owner, well that too, can add to the cost.)

Therefore, yacht charters have a wide range of base prices. That’s why charters can cost from $10,000 per week on smaller sailing yachts and catamarans, up to $150,000+ per week on the most luxurious motor superyachts.

What else can you expect to pay? This overview – a part of our planning resource, the Charter Advice Guide – offers an in-depth look at charter yacht costs.

Yacht Charter Price Structure: “All-Inclusive” vs “Plus Expenses”

In the world of yachting, two types of crewed yacht charters are available to you – “All-Inclusive” and “Plus Expenses” charter experiences. What do these terms mean exactly? Here’s a quick look:

• All-Inclusive Yacht Charters – Some charters (mainly catamaran and monohull charters in the Virgin Islands) offer all-inclusive rates. That means rates are based on the number of guests, and they include all food and drink, water sports, and fuel costs. Dockage and taxes, though, are usually charged separately.
• Plus Expenses Charters – Rates for larger motor yachts do not include running expenses, which must be paid separately. For these luxury charters, the base price is for the yacht only. Additional expenses, i.e. food, bar, fuel, dockage, port taxes, and other expenses, are charged separately. Most frequently, the running expenses are paid by an Advance Provisioning Allowance, or APA, which is typically 35% of the base price; this is an amount that’s paid prior to the charter.

Our chart below offers a quick overview of what’s included in both of these types of charters.

Average Yacht Charter Cost: Base Prices

What can you expect to pay for a catamaran, a sailing vessel, or motored yacht? Here’s a quick overview of the average cost to rent a yacht (not including extra expenses) for the most common types available:

Factors that Affect Yacht Charter Prices

Since charter yachts are privately owned, prices are set by the owner. This can explain, in part, the wide range of differences in price between boats of similar lengths. Yet, several other factors can significantly impact price, including:

• The Yacht – The year the boat was built, the builder, previous owners, and the boat’s selection of water toys can also increase the cost of a yacht. Boats can also develop a reputation, i.e. the largest or most luxurious, or having a famous builder or previous owner. Reputation can also affect pricing.
• Season – Prices typically increase in the high season – i.e. high summer in the Mediterranean or winter in the Caribbean – and decrease in low seasons.
• Destination – Your charter destination also plays a role in charter cost. For example, prices increase in areas without large charter fleets (i.e. the Galapagos), whereas Bahamas yacht charters,   BVI charters , or Mediterranean yacht charter are priced more competitively.

Additional Costs Considerations on Yacht Charter

In addition to the cost associated with running the yacht and provisioning, there are a number of other costs that must be considered. These are the most significant:

Advanced Provisioning Allowance

The APA on Plus Expenses charters equals roughly 35% of the yacht’s base price. This is a fee that’s collected prior to charter, and it’s similar to an expense account the captain can access during the charter. At the end of the charter, you will receive a detailed accounting of your APA account, plus any unused APA funds in cash.

In the case of overages, you may be required to replenish the APA account during the charter. This can be done with cash, although many choose to set up accounts with their charter brokers , which can be accessed if requested by the captain.

Taxes and Value Added Tax (VAT)

Most boats – whether all-inclusive or Plus Expenses – will not include local taxes or a Value Added Tax into their charter rate. The charterer will be responsible for paying those taxes. Taxes range significantly by destination; here’s a look at some of yachting’s most popular destinations:

• The Bahamas – Tax: 4% plus 10% VAT
• BVI – Tax: between $6 and $16 per person per day, depending on the flag of the boat
• Croatia – VAT: 13%
• Florida – Tax: 6% for Broward County, 7% for Miami-Dade County
• France – VAT: 20%, however, 10% can be applied when an itinerary includes International Waters
• Greece – VAT: 12%
• Italy – VAT: 22%, however 6.6% (over 24m) and 8.8% (under 24m) can be applied when an itinerary includes International Waters
• Montenegro – NO VAT
• New England – NO TAX
• Spain – VAT: 21%
• Turkey – NO VAT

Charterers can purchase cancellation and curtailment insurance – which is similar to traveler’s insurance. This insurance can help cover costs if a charterer must cancel or shorten the charter. Charter brokers can help you weigh insurance options, and often offer several different options.

Crew Gratuity

While crew gratuity is certainly not mandatory, it is recommended, particularly if you were truly impressed with your charter experience. In general, crew gratuity is roughly 15-20% of the base charter rate, which is handed to the captain at the conclusion of your charter.

Delivery Fees

While these fees do not apply on most charters, you may be asked to pay delivery costs if you are not chartering in the yacht’s normal cruising ground. In most cases, you will only be required to cover the fuel for the trip.

Call Worldwide Boat today to learn more. Our Charter Specialists are here to assist you with every detail and explain all charter costs. Or read our Charter Advice guide for more information and tips for planning your charter vacation.

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282.2ft / 84m

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Serenity 236

236.3ft / 70m

Additional Charter Cost FAQs

What are standard private charter yacht prices?

There are a number of factors that affect charter yacht pricing. However, on average, a week-long private yacht charter costs anywhere from $10,000 on luxurious sailing yachts and catamarans, and up to $150,000 for superyachts.

What affects charter yacht prices?

There are several things that influence how much your yacht charter will cost. The type of vessel, charter destination, length of trip, base cost, time of year, and local taxes all make a difference.

How much does it cost for a crewed vessel?

Charter yacht prices do increase when hiring a crew along with the boat. At Worldwide Boat, we offer two types of crewed charter experiences: all-inclusive and plus expenses. An all-inclusive charter yacht includes accommodation for all guests, food and drink, water sport activities, and fuel costs – dockage fees and taxes are charged separately. A plus expenses experience accounts for just the yacht’s base price. Things like food, drinks, fuel, dockages, taxes, and other expenses are charged separately and are usually estimated to be about 35% of the base price.

What’s included in all-inclusive boat charters?

At Worldwide Boat, your all-inclusive charter experience includes a diligent and friendly crew, water toys, food, drinks, fuel, water and electric services, and occasionally diving experiences.

What are some additional charter boat costs to consider?

After finding a base price you’re comfortable with and evaluating your package, you’ll also want to consider delivery fees, crew gratuity, insurance fees, taxes, and Advanced Provisioning Allowance rates. If you are responsible for these fees, your crew will handle the necessary transactions on your behalf.

What does it cost to rent a 100- foot yacht charter?

This depends on what type of vessel you’re looking at and how long you’ll need it for. The average weekly cost of a 100-foot sailing yacht is between $50,000-100,000. A weekly 80-foot catamaran charter runs around $40,000-100,000, and a week-long 100-foot motor yacht rental is anywhere between $50,000-80,000.

Does the price to rent a yacht change depending on what type of boat it is?

Yes. Worldwide Boat offers sailing yachts, catamarans, and motor yachts. All of these vessels have different capabilities, but there are other factors that determine the price beyond what type of boat you choose. The year the boat was built, owner, availability of water toys, onboard amenities, and the ship’s reputation can all change how much the ship is priced at.

When is the high season for yacht charters?

The price of a yacht fluctuates depending on the season. A Mediterranean yacht charter cost rises in the summer and drops in the winter, whereas Caribbean boat charter prices are high during the winter and lower in the summer months.

How does my destination affect charter yacht cost?

The more remote an area is, the more expensive it will be to charter a yacht there. That’s because prices go up in areas that have fewer boats. If you were to travel somewhere like the Galapagos, which isn’t a typical yacht destination, you’d pay more than you would if you were traveling to the Caribbean.

How much do I tip the crew when reviewing my yacht charter expenses?

It’s not required that you tip your crew, but it is recommended and appreciated. If you had an enjoyable experience it’s considered polite to tip your crew anywhere from 15-20% at the end of your charter.

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Best Yachts to Charter for One Week

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A seven-day or one-week yacht charter is an ideal introduction to a luxury yacht charter or when you want to enjoy a short but truly meaningful getaway. A one-week vacation offers plenty of time to relax and make the most of your boat’s many onboard amenities. Aboard a high-performance boat, you will also be able to visit multiple destinations.

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Charter a luxury yacht for one week

Whether you opt for a sailing yacht , a luxury motor boat , or a multi-hull vessel, on a seven-day yacht rental , you are guaranteed an incredible vacation on the water.  A crewed boat charter offers a highly exclusive and private experience, with itineraries and experiences tailored to your precise needs.

Northrop & Johnson has access to every luxury yacht charter on the planet. Our team of charter specialists can arrange incredible one-week itineraries in any destination in the world. Browse our yachts for charter for one week or contact our team.

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Seven day luxury boat rentals

How much does it cost to charter a yacht for one week.

A luxury yacht rental for one week or seven days starts from around US$50,000 for a 98.4ft (30m) boat and rises to more than $2 million per week for the world’s most luxurious superyachts and mega yachts.

Where can I cruise to during a one-week yacht charter?

Popular one-week cruising destinations include the Mediterranean and the Caribbean. Elegant one-week itineraries can be arranged along the French Riviera, the Amalif Coat, the Greek Islands, and the Balearic Islands, to name just a few destinations. Superyacht hotspots for a one-week boat rental in the Caribbean include St Barts, the British Virgin Islands, St Vincent and the Grenadines, and Jamaica.

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 Key West & Marathon, Florida

We specialize in private luxury yacht & sailing charters at affordable prices. we offer day charters as well as multi-day charters., why blue ocean yacht charters.

Blue Ocean Yacht Charters, located in Key West, Florida, makes yacht rentals affordable and life-changing.  We offer private multi-day bareboat charters to amazing destinations like The Dry Tortugas and the Florida Keys.  Just looking for a day charter?  Look no further.  We offer four hour, eight hour, and 24 hour charters as well multi-day charters.

All our yachts come fully equipped to make your private boat charter experience what you’re looking for. We offer motor and sailing yachts that provide the best boat rental experience.  

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How much does it cost to charter a yacht?

A comprehensive breakdown of yacht charter costs and fees

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By Editorial Team   15 January 2024

Navigating the world of crewed yacht charters for the first time can be daunting, with numerous factors to consider. To clarify and assist, we have compiled a thorough guide on yacht charter costs, complete with a handy checklist so you can estimate the total cost for your vacation before you start searching for your ideal yacht.

Cost breakdown.

Charter fee of xxx

+ xxx % APA ( xxx )

+ xxx % Tax/VAT ( xxx )

Total = $ xxx

In this article:

• Base charter fee

Why do charter fees differ between yachts?

• Charter contracts

Advanced Provisioning Allowance (APA)

• Crew gratuities

Fuel and dockage fees

Insurance: what does it cover, payment structure.

Planning a yacht charter is thrilling yet challenging, particularly when it comes to budgeting. The starting point is the yacht's base price, the weekly rental fee. But what about additional costs such as meals, beverages, local taxes, or fuel? How do these affect the overall cost? The encouraging part is that understanding yacht charter fees is straightforward. With guidance from our seasoned professionals, you can gain a clearer idea of the expenditure for your dream vacation. Yacht charter costs vary based on several elements: the yacht type, destination, local taxes, dates and the age of the yacht. Yacht charter prices span a broad spectrum. For instance, smaller sailing yachts and catamarans may start at around $10,000 per week, whereas more luxurious motor superyachts can exceed $100,000 per week. Wondering about other expenses? Our Charter Advice Guide, a key part of our planning resources, delves deep into the specifics of yacht charter costs.

After you have chosen your desired yacht, your yacht broker will prepare a legally binding contract; usually a standard agreement with conditions set by the terms applicable to the destination. Before you sign on the dotted line, it is important that you understand what it is that you are paying for and when it is due.

Base charter fee: All-Inclusive vs Plus Expenses

When it comes to crewed luxury yacht charters, you can choose from two types of vacations- "All-Inclusive" or  "Plus Expenses" charter experiences. But what do these classifications entail? Let's briefly compare:

• All-Inclusive Yacht Charters Certain charters, particularly small catamaran and monohull sailboat charters in the Virgin Islands, wooden Gulets in Turkey or Phinisis in Indonesia, offer different all-inclusive pricing packages. This means that the rates depend on the number of guests and cover some or all meals and beverages, water sports, and fuel expenses. However, dockage fees and taxes are typically billed as additional costs.
• Plus Expenses Charters The rates for larger sailing or motor yachts are exclusive of operational costs, which are to be paid additionally. With these high-end charters, the base rate covers only the yacht rental. Extra charges, such as for food, beverages, fuel, dockage, port taxes, and other expenses, are billed separately. These running costs are usually covered by an Advance Provisioning Allowance (APA) payment, generally set at 20-35% of the base charter rate depending on the size and location of the yacht. This amount is paid before the start of the charter.

The table below gives a quick comparision of what is generally included in the price for both charter types.

Plus Expenses Charter Costs

In essence the base charter fee refers to the hire cost of the yacht itself, and implies that the yacht will be provided to you in full commission, with all equipment in working order and the yacht properly insured for marine risks.

In addition, the cost of the crew’s food, wages and clothing will be met by the owner for the entirety of the charter. 

Charter rates are typically quoted per week (7 days), which in superyacht terms is generally accepted as the minimum period for yacht charters – although this is by no means set in stone.

The APA in Plus Expenses charters is typically about 25-40% of the yacht's base weekly charter rate (based on the size of yacht, location and yacht's fuel efficiency). This fee is collected before the start of the charter and acts like an expense fund that the captain can utilize during the trip to cover costs such as fuel, food and beverages, dockage fees and ad hoc incidental expenses.  At the end of the charter the captain will prepare a detailed statement of the APA expenditures, along with any unspent APA funds returned in cash.

Should expenses exceed the initial APA, you might need to top up the fund during the charter. This replenishment can be done in cash, but many opt to establish accounts with their charter brokers. These accounts can then be accessed upon the captain's request for additional funds.

Taxes & Value Added Tax (VAT)

For most yachts, regardless of being All-Inclusive or Plus Expenses , local taxes or Value Added Tax are NOT incorporated into their charter rate. It falls upon the charterer to pay these tax expenses before the charter commences. Tax rates can vary greatly depending on the destination; here's an brief overview of tax rates in some of the most sought-after yachting locations:

In the European Union (EU) recent harmonising changes to tax laws have affected VAT rates across most of the Mediterranean region. EU tax laws state that VAT will apply to vessels embarking or disembarking within their waters, although rates for VAT vary depending on the European destination. In France the current rate is 20% and in Italy it is 22%, whilst Turkey and Montenegro both charge 0% for EU-flagged yachts cruising their waters.

VAT also applies to yacht charters cruising The Bahamas , plus may also apply in some Caribbean islands.

Please consult your yacht charter broker  for further personalized advice if considering chartering in any of these areas.

Charter Free: £100,000 p/w +30% APA + 14% TAX/VAT

Crew Gratuities

Although tipping is optional, it's customary to leave a gratuity for the crew. The typical range for tips is between 10-20%, and it should reflect the quality of service you and your guests experienced during your yacht charter.

It's best practice to hand over crew gratuities to the captain for distribution, ensuring that every crew member is fairly recognized. This approach is important because there are often less visible crew members, like the engineer and sous chef, working diligently behind the scenes to guarantee the success of your charter. It would be unfair for their contributions to go unrecognized.

Cancellation Insurance

Charterers have the option to buy cancellation and curtailment insurance, akin to travel insurance. This insurance can provide coverage for costs in case the charter needs to be canceled or shortened. Charter brokers are equipped to assist in evaluating different insurance choices and typically offer a variety of options.

Delivery Fees

These fees are not typical for most charters, but if your charter takes place outside the yacht's regular cruising territory or a significant distance from its homeport, you might need to pay delivery fees. Usually, this will just involve covering the fuel costs for the journey.

The charter fee varies from one yacht to another for a number of reasons, such as its size, age, onboard amenities and time of year the yacht is chartered. We've listed below some of the most common factors that affect the base rate of a rental yacht.

Charter seasons

A yacht charter season can refer to the weather patterns of a particular destination or the peak times when demand for charter yachts is at its highest. Yacht charter seasons, therefore, are broken down into two distinct categories: Summer/Winter, and High/Low season. 

In terms of the yacht's base charter fee, high season rates will apply to the most popular periods for yacht charters – such as July and August in the Mediterranean or Christmas and New Year in the Caribbean . Low season rates will generally apply to all other periods.

Event pricing

Major events such as the Monaco Grand Prix and Cannes Film Festival are generally categorised as high season events , regardless of where they fall in the season, with yacht prices generally higher around these dates due to popular demand.

Unless you are keen to charter a yacht for a particular high season event, it is worth considering your dates carefully.

Shoulder seasons

The months straddling the high and low seasons are known as shoulder months, for example April and September for yacht charters around the Mediterranean, and can share much of the same weather and beautiful cruising conditions as the peak season whilst charter rates tend to be lower, making these months a great time for chartering a yacht.

• Onboard amenities

Aside from seasons and events, yachts of the same size can often differ in price based on their onboard amenities. A yacht which boasts a cinema or lavish water toys may have a higher base rate compared with a yacht with minimal amenities of the same size.

If the pricing is unclear, be sure to ask your yacht broker to explain any disparities. 

Once you are clear on the base charter fee of your chosen yacht, it is important to learn about the additional costs that will be applied on top, depending on the type of charter contract used.

MYBA Charter Agreement

The most widely used contract for yacht charters is a MYBA agreement (Worldwide Yachting Association, formerly known as Mediterranean Yacht Brokers Association), which operates under Western Mediterranean Terms (WMT) . 

This contract, often referred to as a "plus all expenses" contract, requires that you pay for items, such as fuel, delivery fees, food and drink, local taxes and dockage fees, as an additional expense applied over the base charter fee.

Typically, a charter party (this is the collective term for the total number of guests on a charter) will accumulate additional costs of between 25% to 30% of the base charter fee, depending on what is consumed. These expenses can be tracked through the use of an Advance Provisioning Allowance (APA) which we will cover in the next section.

Other charter contracts

Caribbean Terms Inclusive (CTI) – sometimes referred to as Standard Caribbean Terms (SCT) – is another contract regularly used by the yachting industry, the terms of which are generally employed by smaller yacht charters in the Caribbean. 

Otherwise known as a "mostly all-inclusive" agreement, CTI differs from Western Mediterranean Terms as it includes three meals, plus up to four hours cruising, per day.

In addition to the commonly used MYBA terms and Caribbean Terms Inclusive, there are also less frequently used terms such as Standard Eastern Mediterranean Terms (SEMT) and Greek Terms (GT). 

SEMT operates much in the same way as CTI, except it includes only two meals per day for guests instead of three, as it is assumed guests will dine ashore in the evenings. Greek Terms are similar to the MYBA terms apart from harbour and berthing fees, which are included under GT terms so long as they are within Greek waters.

If you are unsure what is included under the terms of your contract, be sure to ask your yacht charter broker .

For more in-depth information, please see our guide on yacht charter contracts below.

Typically, the APA accrues to approximately 25% to 30% of the base charter fee, though this does of course depend on your charter party’s tastes and requirements and could be far less or far greater than this estimation. For instance, charter guests who intend to regularly dine on caviar and vintage wine can expect to pay more, whereas guests on a sailing yacht charter that is anchored at sea for most nights can expect to save on fuel costs and hefty marina fees. 

You can request an APA estimate from your yacht broker based on your charter party's onboard expectations.

What happens next?

The APA is payable one month prior to boarding the charter yacht (see 'Payment Structure' below), and is generally paid direct to the Captain.

Once the APA has been paid it will then be retained as a bank account of sorts, from which the Chef can provision the yacht ready for your charter and the Captain can make expenditures while keeping a strict record of what has been spent. It is important to note that all additional costs incurred throughout the charter are charged at cost with no mark-up.

At any point during the vacation you can request an up-to-date summary of the accounts as a way of keeping track of expenditures.

When you think of fuel costs, you may think of what is consumed by the yacht over the course of your charter.

However, there are further fuel costs to take into account that you may not have considered. These include;

• Personal watercraft toys, such as jet skis
• Tender boats used for transporting guests to and from the yacht, or for water sports activities
• A yacht's generators whilst at anchor (shore-side electricty is used when docked at a marina)

Furthermore, the distance travelled and the speed at which the yacht cruises also affects the overall fuel costs, so it is important to bear these factors in mind when settling on your itinerary. 

Dockage fees

These may vary widely depending on the destination and time of year from minimal to extravagant (think Port Hercule in Monaco during the Grand Prix).

If you are interested in booking any nights in marinas during your yacht charter, you should liaise with your broker who can advise on the various options available, including prices, around your chosen location and dates.

In general, the base charter fee of a yacht will include insurance for marine risk and third party liability insurance, which covers accidental damage and personal injury. It will also cover use of the yacht's watertoys and equipment.

Additional insurance

Although insurance is not generally connected to charter costs, it is useful to consider should you wish to take out additional insurance such as Cancellation and Curtailment cover which is calculated at 2.5% of the charter fee for the unforeseen cancellation of a charter, and can prove a worthwhile investment as well as providing peace of mind.

You should check with your broker about the level of insurance built into your charter contract before signing. 

Other taxes 

Local taxes may also apply in certain countries, therefore it is important to speak with your yacht charter broker to clarify what additional taxes are applicable to your chosen destination and itinerary.

Whilst the payment structure can vary depending on the contract, in general charter payments are made as follows;

• 50% of the charter fee is payable upon signing the charter agreement, which confirms the booking.
• The remaining 50% of the charter fee, APA (usually between 25-30% of the base charter fee), delivery and/or re-delivery fees, applicable taxes, plus any additional agreed amounts are payable one month prior to commencement of the yacht charter.
• Any balance of monies due are to be paid on the first working day prior to completion of the yacht charter.

For further clarification of the payment structure for your yacht charter, please speak with your broker.

The base charter fee for a yacht can differ for a number of reasons, including;

• Size and age of the yacht
• High/low seasons, and major events such as the Monaco Grand Prix

There will also be additional amounts to pay on top of the yacht's base charter fee, which can include;

• Advanced Provisioning Allowance (roughly 25-30% of the yacht's base fee and includes all charter expenditure such as food, fuel and marina fees)
• Additional insurance, such as Cancellation and Curtailment Insurance
• VAT and other taxes

It is important for you to understand the entire payment structure to ensure no unpleasant surprises arise whilst enjoying your vacation.

If you wish to know more about costs relating to your yacht charter, please speak with your preferred yacht broker for more information.

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