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Yacht Charter FAQs
Chartering a large yacht can be a a very difficult process. Start with this website. It is a general introduction to just some of the many fine yachts available for charter. More detailed information and individual colour brochures on these and other superb yachts in our charter portfolio are available on request. If you are uncertain about your charter requirements, our brokers will be delighted to advise you. Similarly, if you wish to check the availability of any given vessel, please contact Mlkyachts. Our dedicated team is available to give the best guidance and advice.OPERATING EXPENSES Collapse
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 per cent of the total charter fee, but may be 30 per cent in some cases.
Intended to cover the operating expenses of a charter as explained under Charter Terms, such as fuel, food, drinks, port fees and ad hoc incidentals, the APA will be given to the captain before the start of your charter. He will ensure that the yacht is fully fuelled and provisioned when you step on board. While an up-to-date summary of accounts can be requested at any time during your charter, a full set of accounts will normally be submitted by your captain at the end of the cruise. If, during the charter, the expenditure exceeds the sum already paid, additional cash funds will be required at once.
All outstanding bills from the yacht charter should be settled in cash or by bank transfer before your final disembarkation. Of course, any remaining credit at the end of your charter will be reimbursed to you in full. On request, transfer arrangements to and from the yacht can be made by Burgess or by the yacht’s captain, payment for which will be deducted from your APA.CREW GRATUITIES Expand
Crew gratuities are discretionary, although it is customary for a charterer who has enjoyed the kind and attentive service of an obliging crew to extend a gratuity. Crew gratuities are normally approximately 10 per cent of the charter fee, but can be adjusted up or down according to your level of satisfaction.
The best way to ensure that all crew members receive equal recognition is to entrust the distribution of gratuities to the captain.INSURRANCE Expand
Mlkyachts strongly recommends 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.
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