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Spring Charter Update
The ultimate private vacation! Here are a few suggestions which we hope you’ll find useful on the ABCs of Yacht Chartering. Click here for more A selection of charter yachts Available this summer in
New England Mediterranean Caribbean Around the world |
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THE
CONTRACT
The contract contains all the details agreed upon for your vacation: start
and end dates and ports, cost, payment schedule, number of guests and crew.
It also tells you where you can smoke, who can use water toys, who should
supervise children, as well as where and when you can dive.
In addition it spells out the realities of chartering: liability, how much
control the captain has and what input the client can have regarding
navigation. It also says what happens if there is cancellation or a
breakdown.
PAYMENT and TERMS
Unless a charter is booked more than a year out, the payments are in two
installments. The first installment is due with the signed contract and is
50% of the charter fee. The final payment is due 30 days before charter and
includes the final 50%, the expenses, as well any repositionining fees and
taxes.
Charter terms are determined by the location of the charter. In the
Mediterranean, all charters are “plus all expenses.” We use the term “APA”
which stands for Advance Provisioning Allowance to describe expenses. These
expenses include, but are not limited to: food, beverages, dockage, port
fees, local taxes basically any costs incurred during the charter. Caribbean
charters can include all expenses, while New England and the Pacific
Northwest can be “plus all.”
Be sure to review the terms with your charter broker.
INSURANCE
Yachts are fully insured by the owner for all maritime risks, crew liability
and liability to the charter guests. Charter guests are NOT insured for loss
of personal possessions or any medical/accident expenses. In addition there
is no coverage for trip cancellation.
We urge clients to procure additional liability insurance and trip
cancellation insurance.
PREFERENCE SHEETS
Once the charter contract is executed, the broker will issue a Preference
sheet to client. This document is very important to the captain, ad crew. It
asks for likes and dislikes on and beverages. It’s also the place to let the
crew know about which activities you want to do- snorkeling, diving,
shopping, jet skis. All the charter details appear on this document.
DURING THE CHARTER
Presumably, your broker and yacht captain have liaised and planned all the
necessary details- where and when you’ll board, a suggested itinerary, how
much wine to have on board- when the divers will go diving, advance
restaurant reservations and of course dockage reservations.
Ideally client should not have to do anything but enjoy the ride. If an
issue does arise, they can call their broker and/or talk to the captain.
TIPPING
The crews are paid by the owner. However, they do work hard on charter,
sometimes they have16 hour days keeping the yacht running and service coming
at all hours.
The general rule is to offer the captain an envelope with a tip in cash of
between 10 and 20% of the charter fee. He will distribute the tip among the
crew.
Often times, clients will not want to carry a large amount of cash for the
tip. They can tell their broker what they intend to tip and send the funds
to the broker’s escrow account. Immediately following the charter, the can
then ask the broker to release the tip to the crew. Alternatively, some
clients used the left over from the APA to put towards the tip.
AFTER THE CHARTER
A good charter broker will follow with a phone call or email after the
charter. Hopefully, all went well. If not, please tell the broker in detail
so they can attempt to rectify the situation.
If you had a good time, now is the time to book the again for next year!
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We're
proud to announce two of our latest additions to the fleet, ICARUS and
ATALANTE
Guest
Comments from Recent Holiday Charters
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