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Yacht Off Monaco

Mediterranean Yacht Charter

Anima Maris Yacht

ANIMA MARIS | From EUR€ 90,250/wk Special

Late summer special offer on board 72m superyacht ARBEMA in the Western Mediterranean

Late summer special offer on board 72m ...

Charterworld - the luxury yacht charter specialist, charterworld is a private yacht specialist with access the entire world's yacht fleet, at the best price, so get in touch..

Find out more about the CharterWorld company here or read recent client recommendations . We have every crewed luxury superyacht charter in the world, from large motor yachts to sailing yachts and crewed catamaran. For best value private yacht vacations start your holiday of a lifetime here with the company you can trust.

Summer Hot Spots 2024:

The mediterranean ...         south of france    |   italy     |   sardinia    |   spain   |   croatia   |   greece, mykonos | greece, st tropez | france, amalfi coast | italy, dubrovnik | croatia, browse yachts by type, browse all charter yachts, motor yachts, sailing yachts, on sale: yacht specials, mediterranean specials, popular yachts, new latest yachts, feature yachts, mar | from eur€ 1,800,000/wk.

Mega Yacht LANA

TATIANA | From EUR€ 775,000/wk

Jetski Running Next To The Superyacht

MALTESE FALCON | From EUR€ 490,000/wk

Sailing

Where To Charter A Yacht?

Matching the right location for you is paramount. There are immensely interesting and diverse places all over the world to charter a crewed superyacht, but the most popular spots are:

A Mediterranean yacht charter which makes for the ultimate vacation with it’s fine culture, finer boats and beautiful azure waterways. The Med’ is an extremely varied location with many beautiful countries to visit, such as France, Italy, Sardinia, Monaco, Greece, Croatia and more.

Caribbean yacht charters are all about exotic natural islands, beautiful tropical beaches and of course luxury charter yachts. St Barts, St Martin, The Virgin Islands and Antigua draw some superb mega yachts to the Caribbean for your vacation. You can see the full list of destinations here .

We offer all the mega yachts and superyacht charters worldwide , as well as in the Mediterranean including Italy , France , Greece , Spain, Croatia , & Turkey.  Additionally, we have great discounted luxury yachts , sailing and motor yachts in the Caribbean , including the Bahamas , British & US Virgin Islands, St Lucia, St Barts, Grenadines, Antigua, as well as the Pacific Northwest, the South Pacific , Asia and Australia & New Zealand and elsewhere.

Currently Popular Itineraries

Montenegro Kotor

CROATIA & MONTENEGRO - 14 Days

Hessen Yachts IBIZA

SPAIN & BALEARICS - 7 Day Itinerary

Superyacht Luna Lloyd Werft Side View Tender

SARDINIA & CORSICA - 7 Day Itinerary

Corfu Kerkyra Island Greece Ionian Islands

IONIAN ISLANDS & CORFU - 8 Days

All the luxury sailing and motor yacht charter boats worldwide:.

Go here to discover all the worldwide charter locations...  including the Mediterranean, Caribbean, Indian Ocean, North and South America, Pacific Northwest.

Apart from The Mediterranean & Caribbean their are many other hot spots - go here for the full list.

WHISPER | From EUR€ 1,200,000/wk

Superyacht Kismet

95 meter CUSTOM | From EUR€ 1,200,000/wk

The 95m mega yacht by Lurssen

Luxury Yacht Builders and Designers

The world has a fantastic array of very interesting luxury yacht builders and superyacht designers . At CharterWorld we have the definitive information on the ever evolving yacht builders and designers, as well as the latest superyacht news relating to the latest new yacht designs and new build yacht launches.

Luxury Yachts: Luxury crewed superyacht charters, both power motor and sailing boats, in all the areas of the world from the Mediterranean to the Caribbean, Asia to the South Pacific, Australia & New Zealand to the Indian Ocean.

Sailing charters & vacations: CharterWorld provides full charter yacht rental sailing vacations & holidays including flights, accommodation and sightseeing. Sailing charters and sail boats from luxury catamarans to crewed boats, classic yachts as well as new ones.

Power/Motor boats: Luxury power & motor boat charter yachts are available either as crewed yachts, classic or new. They include performance open style motor yachts, right through to expedition (explorer) yachts.

For your reference, CharterWorld provides a  charter and superyacht news section as well as a  superyacht directory for easy access to the complete world of interesting yachts , not just luxury charter yachts. This comprehensive list is organised by the yachts naval architect designer , by year and by the country the builder launched them in.

Why CharterWorld? - The complete list of charter boats worldwide, at the most competitive prices. - Free, independent and professional advice. - Access to the latest specials and discounts in the Caribbean and Mediterranean. - CharterWorld saves time and money on any luxury yacht vacation.

New to Yachting or Superyacht Charter Vacations? If you haven’t enjoyed the advantages of this type of luxury holiday, then this section has plenty of articles about how it all works and what to expect. Of course you can also just contact us and an experienced broker will personally guide you through and explain everything. Additionally, the yachting news section keeps you abreast of developments in the industry.

Latest Luxury Yacht Charter & Superyacht News

The International SeaKeepers Society will host its 2024 annual Founders Event in October

The International SeaKeepers Society ...

Special offer for remaining weeks of September on board 51m sailing yacht RED DRAGON

Special offer for remaining weeks of ...

A luxury charter yacht is the perfect way to encounter New England’s fall foliage display

A luxury charter yacht is the perfect ...

Latest yachts added to the database, samira | from eur€ 46,000/wk.

Luxury Yacht SAMIRA (sistership)

OCULUS | From US$ 180,000/wk

Luxury Yacht OCULUS

BANDOLERO | From EUR€ 25,000/wk

Sailing Yacht BANDOLERO

AKULA | From US$ 295,000/wk

Luxury Yacht AKULA

Your Perfect Yacht Charter Experience

The ultimate bespoke vacation.

Get inspired and explore premier yachts, dream destinations and customizable itineraries handpicked by our superyacht charter experts.

Since 1949

Discover Extraordinary Yachts for Charter

Your wanderlust knows no bounds as you cruise across the globe to your dream destination at the hands of an experienced crew dedicated to fulfilling your every need. Our dedicated team of expert charter brokers ensures your voyage is completely tailored to your preferences. Choose your yacht. Choose your destination. Choose your experience. Choose Extraordinary.

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Explore our extensive array of luxury superyachts, motor yachts, sailing yachts, and catamarans to select the perfect vessel for your next adventure on the water.

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Select your slice of paradise and unlock the world of extraordinary experiences that await you. Embark on a journey where every horizon is an invitation to indulge.

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Seize the moment and take advantage of these irresistible luxury charter offers. Act now as these exclusive savings are sailing away soon.

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A private yacht charter brings families together, one nautical mile at a time. Reconnect while indulging in the opulence and freedom of your personal floating paradise.

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Designed for the bold, explore the world’s hidden locales in pure luxury. Experience adventure on the high seas, where your yacht serves as the gateway to the world’s most secluded paradises.

The Authority on Yachting

At Northrop & Johnson, we blend a rich legacy with a contemporary touch. Our industry-leading expertise has not only stood the test of time but has also set the benchmarks for excellence and client satisfaction across the industry.

Your Trusted Partner for Yacht Charter

Our history is a cornerstone of the luxury yachting industry. At Northrop & Johnson, our name is synonymous with luxury experiences. We continue to honor our heritage by infusing every client interaction with integrity, in-depth knowledge and a commitment to exceeding your expectations.

Let Our Global Experts Guide You

Our expert yacht charter brokers are dedicated to understanding your preferences and will carefully select a range of yachts for you to consider. We will craft a personalized yacht charter itinerary, ensuring every detail aligns with your group’s desires. With a vast global fleet of superyachts and a knowledgeable team across 13 global offices, you can be confident in finding everything you need for your dream yacht vacation.

Personalized Service Tailored to You

At Northrop & Johnson, we recognize that every charter experience should be as unique as our clients. Our bespoke charter services are carefully crafted to accommodate all aspects of your dream yachting adventure. We focus exclusively on creating tailored charter plans that anticipate and address every detail, ensuring your time onboard is as seamless as it is luxurious.

Mediterranean Yacht Charter

Experience the rich culture, picturesque villages and electric energy that make this destination an iconic place to visit.

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Greece Yacht Charter

A superyacht charter in Greece is defined by the relaxed atmosphere of the islands and its people.

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Balearic Islands Yacht Charter

These golden Spanish isles have evolved to be among Europe’s most glamorous holiday hot spots.

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Our Exclusive Fleet of Luxury Charter Yachts

Explore the world's most comprehensive list of charter yachts available for your next on-water holiday.

Expert Tips for Unforgettable Yacht Vacations

Shadowl kids playing pirate on beach with a yacht in the background

Experience the ultimate combination of education and relaxation with a private yacht charter.

Charter yacht VIVACE at anchor displaying all her toys around her

Make the most of your summer travels with tips from our travel experts.

New Zealand Yacht Charter - Beautiful mountains by Milford Sound, New Zealand

Explore far-flung cruising grounds for a better planet.

yacht chartering

Italy is known for its cuisine, its achingly beautiful scenery and Italians’ appreciation for the finer things in life, known as la dolce vita.

A breathtaking panoramic view of the tropical shoreline in the British Virgin Islands (BVI), Caribbean—a perfect scene for your Yacht Charter adventure.

With its breathtaking islands that captivate and leave a lasting impression, your dream holiday becomes a reality.

View from a seaside terrace in Monte Carlo, overlooking the Mediterranean Sea, perfect for Monaco yacht charter guests.

The Principality of Monaco is considered the world’s ultimate yachting destination.

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Prepare for an unforgettable luxury yacht charter experience with Northrop & Johnson.

Consider a honeymoon yacht charter as the ideal escape post-nuptials. Relish in quality time spent with your spouse onboard as your yacht sails towards your dream destination. Whether it’s relaxing on the white sands of a Caribbean beach with a refreshing cocktail or exploring the wonders of Thailand, Northrop & Johnson offers you the freedom to choose.

Seeking a summer yacht charter? Sail to the Mediterranean and enjoy Ibiza’s ultra-chic atmosphere and electric hangouts or explore the charming streets of Saint-Tropez. Greece, with its myriad islands, is another perfect destination for an adventurous yacht charter holiday. The Greeks boast a unique and lively culture and warm hospitality that is all their own.

If cooler climates beckon, fear not. Alaska and Antarctica are sought-after destinations for expedition yacht charters brimming with excitement. From heli-skiing and hiking to kayaking amidst icebergs, explore these rugged natural landscapes that offer some of the most incredible scenery in the world. Looking for something more off-the-beaten-path? Consider the Galápagos Islands with their rich history and unique flora and fauna.

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Ready to Embark?

Let's Start Planning

Northrop & Johnson’s superyacht charter experts have in-depth knowledge of worldwide destinations and in-person relationships with the captains and crew of all yachts in our global fleet. Completely private, and with endless luxurious amenities, a yacht charter is the ultimate vacation. Check out our Luxury Yacht Charter Guide to get started.

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Discover the World’s Best Destinations

Cruise in the most beautiful waters of the world with Waypoints ® Yacht Charters.

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Ranging from bareboat to all-inclusive, our charter specialists will work with you to find the best charter type.

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Our large fleet of award-winning luxury monohulls and catamarans are fully equipped to exceed your expectations.

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Our charter specialists know the best sailing and cruising waters, local life, bars, and other hidden gems unique to their destination — creating the most memorable experiences on the water. Speak with a charter specialist directly for assistance in crafting the perfect charter vacation.

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“There is a 100% chance that I would recommend Waypoints to my friends and family. The Waypoints team was so friendly during the entire process. They truly made the experience even more enjoyable.” Chelsea M., NCA Inc.

Crystal-clear water and smiles are found everywhere while aboard a BVI Boat Charter vacation.

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Our base on Tortola offers you the best marina in the Virgin Islands! This boutique setting offers you cocktails under the sunset, restaurants, spa, swimming pool, beach, free WIFI, luxury shower facilities, supermarket, pump-out station, and fuel dock.

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Yacht Ownership is Closer Than You Think

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We are looking to grow our fleet of award-winning new model yachts. Learn about Business Yacht Ownership ® and how it’s possible to offset a substantial portion of new yacht costs with income, special financing options, and potential tax advantages.

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Understanding Yacht Chartering Costs: A Comprehensive Guide

yacht chartering

Imagine sailing the open seas, surrounded by azure waters, and basking in the luxury of a private yacht. Yacht chartering offers a unique and exhilarating experience, but it’s essential to understand the costs associated with it before embarking on this adventure. In this comprehensive guide, we will break down the various expenses involved in chartering a yacht, from the base charter rates to additional fees and seasonal price variations. We’ll also provide you with valuable tips on how to budget effectively for your dream yacht charter.

Base Charter Rates

The base charter rate is the starting point for calculating the cost of your yacht charter. This rate typically covers the rental of the yacht itself for a specific duration, which can range from a few days to several weeks. The base charter rate varies widely depending on several factors:

  • Yacht Size and Type: Larger and more luxurious yachts come with higher base charter rates. Motor yachts are generally more expensive than sailing yachts due to their higher operational costs.
  • Yacht Age and Condition: Newer yachts in excellent condition command higher charter rates than older vessels.
  • Location: The location of your charter significantly influences the base rate. Popular destinations like the Mediterranean, the Caribbean, and the Bahamas tend to have higher prices and local taxes.
  • Time of Year: Peak chartering seasons in specific regions can lead to higher base rates. For instance, the Caribbean can be more expensive during the winter months when the weather is ideal.
  • Duration: Longer charters may offer lower daily rates compared to shorter ones.
  • Inclusions: Some charters include additional amenities such as water toys, scuba equipment, or a chef. These extras can impact the base rate.

Additional Fees

Understanding the additional fees associated with yacht chartering is crucial for budgeting effectively. These fees can significantly impact the total cost of your charter:

  • Fuel: Yachts consume fuel, even sailing yachts, and you may be responsible for covering these costs. Fuel expenses can vary depending on the yacht’s size, distance traveled, and usage of amenities like air conditioning and water sports equipment.
  • Crew: Most charter yachts come with a crew that includes a captain, chef, or possibly a stewardess, and deckhand. The crew’s salaries and gratuities are usually included in the base rate, but it’s customary to tip them, often around 15-20% of the base charter rate.
  • Provisions: You may need to budget for food and beverages during your charter. You can either purchase your provisions locally or opt for a fully provisioned charter, where the crew stocks the yacht with your preferred items.
  • Dockage and Marina Fees: When you choose to dock at marinas or ports, you’ll incur fees. These fees can vary widely, and the more popular the destination, the higher the costs.
  • Taxes and Permits: Some regions may require specific permits or impose taxes on yacht charters. Be sure to inquire about these expenses before booking.
  • Communication and Entertainment: If you require internet access or want to use satellite TV, you may have to pay extra for these services.
  • Optional Extras: Water sports equipment, scuba diving, and excursions are often available for an additional fee.

Seasonal Price Variations

The time of year you choose for your yacht charter can significantly affect the overall cost:

  • High Season: The high season typically corresponds to the best weather conditions in a given region. Charter rates are at their peak during this time, so expect higher prices.
  • Low Season: Chartering during the off-peak season can yield cost savings. However, be prepared for less predictable weather.
  • Shoulder Season: Consider chartering during the shoulder season, which falls between the high and low seasons. You may enjoy good weather and more reasonable rates.

Tips for Budgeting

Here are some tips to help you budget effectively for your yacht charter:

  • Set a Clear Budget: Determine your total budget, including the base charter rate, additional fees, and discretionary expenses. Stick to it to avoid overspending.
  • Plan Ahead: Book your charter well in advance to secure better rates and availability, especially during peak seasons.
  • Opt for Inclusive Packages : Fully provisioned or all-inclusive charters can simplify your budgeting by covering many expenses upfront.
  • Be Mindful of Crew Gratuity: Factor in the crew’s gratuity when planning your budget. It’s a significant expense and a customary practice.
  • Consider Trip Insurance: Trip insurance can protect you from unforeseen circumstances and potential additional costs.
  • Review the Charter Agreement: Thoroughly review the charter agreement to understand what is and isn’t included in your charter rate.

Yacht chartering can be an unforgettable experience, and understanding the costs involved is essential to ensure a stress-free journey. By considering base charter rates, additional fees, and seasonal price variations, and following our budgeting tips, you can embark on your yacht charter adventure with confidence, knowing that you’ve planned for a seamless and enjoyable voyage on the high seas. Happy sailing!

Get a Quote

Are you ready to let us show you what we can do for you? We can’t wait! This is as exciting for us as it is for you. We began this business because we love putting the perfect yacht charter together for our clients and getting the best of the best at the right price point thanks to our contacts and experience. 

Use our quick contact form to give us the basics about what you’re looking for and we’ll send you ideas and pricing. Don’t worry if it’s not grand enough or should be scaled back; we’ll take care of that too. When you love the plan, we put it into action. All you have to do is show up and enjoy.

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Boomerang Yacht Charters

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14 Ocean St

South Portland, ME 04106

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Hop aboard the Brianna Marie for a tour of coastal Maine! Cruise the islands of Casco Bay, enjoying wildlife, stunning views of Portland Harbor, the famous Portland Headlight and more. We can accommodate up to 21 guests and are perfect for reunions, birthdays, bachelor/bachelorette parties, intimate weddings or whatever you are celebrating. We offer our signature Cruise and Roll, a 2.5 hour harbor cruise with a homemade Maine lobster roll. Complimentary beverages on all charters! …

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I went on a private charter with 3 people on the Brianna Marie. The boat can hold about 20 people. We arrived and there were snacks and beverages available (cheese/crackers, fruit,cookies) and beer, wine, seltzers for guests in the cooler. The captain, Owen, was helpful and knowledgeable about different sites around the harbor. He took us to seal rock to see birds and seals. We also got to see ospreys. He took photos for us around the lighthouse. Overall the charter was about 2 hours. What an excellent way to see Portland by water. I highly recommend.

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Great day out!! I went with a group of 20 including toddlers! The captain was very accommodating and helpful! We had a great time and will definitely be going back when we get the chance!

I went last summer and I'd love to keep this a yearly thing! We went out with about 15 people and had a lunch. Very family friendly!! The captain and crew were so attentive and helpful!

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Amazing experience and very knowledgeable guide. 10/10 recommend coming aboard and seeing the beautiful shores of Maine from the ocean!

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We thoroughly enjoyed our time on the Brianna Marie! Captain Owen and his crew were awesome! We had a group ranging in age from 2-83 and everyone had a great time. The boat was very comfortable, the head was clean and easy to use, there were options for sitting in the shade or sun. The snacks, sweets, and drinks were plentiful. We had lobster rolls which were delicious! They even toasted the rolls! I would highly recommend this to anyone and I can't wait to go again next year!

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A superyacht captain shares 3 things people who want to charter a luxury vessel should know

  • Vacationing on a superyacht may sound like it's all Champagne and sunbathing.
  • But before boarding a luxury vessel, superyacht captain Kelly Gordon advises keeping certain things in mind.
  • Yachting is a summer pastime with risks and nuances for clients and crew.

Insider Today

Jeff Bezos and Lauren Sánchez soaking up the sun. Travis Barker and Kourtney Kardashian's wedding . Beyoncé's carefree jump into the ocean.

One of these images is likely what comes to mind when you hear the word "superyacht," a phrase generally used to describe a yacht over 80 feet in length.

While ultra-luxurious vessels are associated with all things carefree, tragic events such as the sinking of the Bayesian superyacht off the coast of Sicily on Monday is a reminder that yachting is a pastime with unique risks and nuances. It's unclear what the protocols were on the Bayesian.

For those keen on the idea of chartering a superyacht, captain Kelly Gordon, 42, told Business Insider there are a number of important factors to consider before hopping on board.

Gordon fell in love with yachting after she stepped aboard a yacht for the first time in her mid-20s.

Hellbent on reaching captain level, Gordon quickly worked her way up the chain of command. She's spent most of her time sailing the Bahamas and the Caribbean and is now based in Florida, where she works as a captain on a 108-foot-long privately owned vessel.

Gordon, who has over 12,600 followers on Instagram , shares three factors to keep in mind before boarding a chartered superyacht.

Think of the process of chartering a superyacht as buying a house

One of the most important things to do when chartering a superyacht is to work with a charter broker, Gordon says.

"The charter manager's job is to No. 1: find you a safe boat," Gordon said, adding that in her experience, "Not all programs put safety as high up on the list as it should be."

She also likes to equate charter brokers to Realtors in that they take on the role of finding you the best option for your taste.

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"You find one that you gel with really well and has a good reputation, and then you discuss with them what your budget is, where you want to go, what your activity levels are, what your personalities are like," Gordon said.

Pairing clients with a crew that aligns with their characteristics is a huge part of a charter broker's job, Gordon said.

"If you think about it, you're living with that crew for 24/7, around the clock," she said. "You're not going put someone that just wants to sit and read books all day with a crew that's extremely active."

Find a crew that is competent and prioritizes safety

Charter brokers also help match clients with a competent crew that prioritizes safety.

"I don't know that many people realize just how much their life is in our hands when we cast those lines and we go to sea," Gordon said.

Part of that is having a safety briefing, which Gordon carries out every time she welcomes clients onto a chartered vessel before leaving a dock.

A thorough safety briefing includes informing clients about the location of safety equipment and lifejackets and the procedures for events such as a fire, a person falling overboard, or the boat sinking.

"You should have a safety briefing, and if you don't get one, you should ask for one," Gordon said.

The process, she added, can be different on privately owned yachts, where passengers may be familiar with the vessel.

The Bayesian is a private yacht owned by tech tycoon Mike Lynch; it's not yet known what kind of safety protocols staff and guests were trained on.

Make sure there's a member of the crew on watch 24/7

"A lot of charter guests think when they go to sleep, the crew goes to sleep," Gordon said.

But that shouldn't be the case, she added. "You want to be on a boat knowing that someone's up, because if the weather changes or the anchor starts to drag, you need somebody that's up and ready to go and get everybody else to handle it."

Among the biggest weather risks are tornados, which can be extremely difficult to predict and prepare for whether you're on land or at sea.

"I'm from the Midwest, where tornados pop up," Gordon said. "It's hard to see a tornado coming, and if you do see it coming, the tornado goes where it wants to go."

Most often, that leaves people near the weather event with just minutes to ready themselves, which is even trickier "in the middle of the night."

While rapid changes in weather are tough to contend with, Gordon recommends researching the areas you are sailing in beforehand, like you would when visiting a new country.

"It's no different than if you're going on vacation on land," she said. "You want to know where you're going. Don't put that just all on the crew."

While the research doesn't have to be as extensive as the crew should be doing, it's important to still be "responsible for your own self as well as your family and your guests."

Watch: Why it costs $1 million a day to run one of the world's biggest cruise ships

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Breaking news, i lived ‘below deck’ on a luxury yacht — here’s what you need to know.

Tahiti, St. Thomas and the French Riviera — I’ve yachted in all of these exotic locales, albeit from the comfort of my couch. And, millions of Americans are in the same boat.

In 2013, “Below Deck,” introduced the masses to the most glamorous mode of traveling: yachting. Since then, it’s become a Bravo mainstay with Season 9 of “Below Deck Mediterranean’’ premiering in June.

But how real is the reality show? I spent five nights on a yacht in Croatia to find out.

A woman in a bikini standing on the deck of the 'Adriatic Escape' boat, ready to experience reality TV drama on the high seas in Maldives.

A tip on tipping

My suitcase wasn’t bursting with Benjamins. An agency at your final destination provides cash for the crew’s tip money. While you’re expected to tip $30,000 for a two-night cruise on “Below Deck,” in real life you only have to tip 10% to 15% of your charter fee. That’s about $10,000 for a two-night cruise on a 180-foot charter yacht like Mustique (from $250,000 a week), which stars in the new season.

According to Zvonimir Androi, president of the yacht charter company Via Croatia, more often than not, the tip comes from what’s left over after provisioning.

So, shun the Dom Pérignon and skip the beluga caviar, and you’ll have money to spare.

What’s up, dock?

A luxury yacht, named Adriatic Escape, docked at Split Marina with a weekly rental price of US$52,800

In real life, “Below Deck’s” favorite commercial-break cliff-hanger isn’t nearly as dramatic. Docking in our yacht, Via Croatia’s five-cabin, 100-foot Adriatic Escape (from $52,800 a week), was breezy.

I asked the crew if they hated setting up the slide — a tortuous, Herculean task if you believe what you see on TV.

“It’s not that bad,” a twentysomething Croatian deckhand, as cute as his on-screen counterparts, told me. “That said, we’re definitely not sad if you don’t ask for it.”

Play it cool

Barbie Pascual arranging a table on the set of Below Deck Season 11.

Despite being served meat on more than one occasion, my vegetarian co-guests on board weren’t divas when it came to cuisine — a major source of chef-related stress on the show.

Tantrums aren’t the norm Barbie Pascual, the “Below Deck” stewardess famous for putting up with former “RHONY” star Jill Zarin’s demands for the perfect Diet Coke in the “Real Housewives of Grenada” episode, tells me. “Guests know they are being filmed so their reactions are more extreme than they’d be if the cameras weren’t around,” she says.

Pascual’s biggest tip for first-time yachters? Don’t go skinny dipping, like they do on the show, after dark.

“People forget about currents, sharks, etc.,” she says. “Jumping in the water should always be with the captain’s consent!”

Our humorless Croatian yacht captain was a far cry from “Below Deck Mediterranean’s” affable Captain Sandy Yawn. I think we only saw him twice over the course of four days, and he definitely didn’t join us for dinner.

That was fine by us because the stews and deckhands were always handy with anything we needed — including at chat.

Asking for it

A group of people on the Adriatic Escape boat, available for weekly rent at $52,800

“No” is a word you’ll never hear on a yacht, unless there is a safety issue, Pascual says.

While we didn’t ask our crew to do a striptease or decorate for ‘70s night (two recurring requests on the show), out-there demands aren’t out of the question, as long as you’re willing to pay for it.

For example, Via Croatia is currently retrofitting one of its multimillion-dollar superyachts for an upcoming charter booked by a multigenerational Jewish family from Florida.

“In addition to paying the charter fee, the client is literally buying everything new: pots, pans, silverware, etc.” said Androi. “They’re even spending $30,000 on a new tender for the elderly mother-in-law.”

Now, I’m no reality show producer, but a picky primary trying to keep his wife, her elderly mom and their kosher kids happy at sea has the makings of an Emmy Award-winning episode.

Yachting on a budget

Agape Rose, an ultra luxury mini cruiser yacht with various amenities, sailing on Croatia's Adriatic coast.

Charters are cheapest at the beginning and end of a destination’s season. Via Croatia’s yuppiest yacht, the 160-foot, 12-cabin Agape Rose , fetches $200,000 a week in July and August. But it’s just $164,000 a week in April and October. Divide that by 24 of your closest friends and family and it’s just $6,800 a person.

If that’s still too much, consider booking a yacht club suite on one of MSC Cruises ’ Mediterranean voyages.

Sure, you’ll be on a cruise liner, but for $1,659 a person you’ll be treated to seven nights of private butler service with a private pool and restaurant that the pleb passengers don’t even know exists.

A woman in a bikini standing on the deck of the 'Adriatic Escape' boat, ready to experience reality TV drama on the high seas in Maldives.

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Mike Lynch and daughter among missing after yacht sinks: What we know about disaster - and 'alarming' potential cause

The British-flagged luxury vessel named Bayesian was carrying 22 people when it got into difficulty off the coast of Sicily. Seven bodies have now been recovered from the wreckage.

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News reporter @samuelosborne93

Friday 23 August 2024 12:24, UK

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Seven bodies have been found after a superyacht sank off the coast of Sicily.

Twenty-two people were on board the vessel named Bayesian when it got into difficulty in the early hours of Monday, with 15 people rescued.

Here's what we know about the sinking of the luxury vessel so far.

Follow latest updates on the superyacht sinking

Seven people missing after British-flagged yacht capsizes in tornado off coast of Italy

What might have caused the sinking?

The British-flagged luxury vessel, named Bayesian, capsized at around 4.30am local time on Monday morning off Palermo, according to ship-tracking site Marine Traffic.

It sank in as little as 60 seconds with 22 people on board, 12 passengers and a crew of 10, according to the Italian coastguard.

Waterspouts, essentially tornados that form over water, were seen as powerful winds battered the area overnight, local media said.

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The yacht may have sunk faster with all the doors open due to the hot weather, Sailing Today magazine editor Sam Jefferson has said.

"I imagine all the doors were open because it was hot, so there were enough hatches and doors open that it filled with water very quickly and sank like that," he said.

Official pictures show air conditioning units in several of the rooms, however, which could counter the suggestion open windows caused the vessel to sink faster.

The huge mast is also likely to have played a role, he added.

What are waterspouts?

Waterspouts typically occur during thunderstorms and can develop very rapidly, within minutes.

Their spin generally reaches wind speeds between 75-200mph, but can reach as high as 300mph.

A waterspout is formed during a storm in the Mediterranean Sea, October 1, 2018. REUTERS/Alkis Konstantinidis

They can travel at about 10-20mph typically but can reach greater speeds, making them difficult to avoid - especially in something as slow-moving as a yacht.

Matthew Schanck, chair of the Maritime Search and Rescue Council, called the reports of a tornado or waterspout "rare" and "quite alarming".

"The vessel was at anchor in a recognised anchorage," Mr Schanck said.

"Depending on wind direction and the state of the sea, this informs the captain whether it is a safe area to anchor or not. There was nothing that was too concerning, for my eye. All in all, the captain used the information they had to make a safe call."

Pic: Reuters

Who owns the yacht?

The yacht belonged to the family of British tech tycoon Mike Lynch. He was confirmed to have died after rescuers found his body on Thursday. Mr Lynch was on holiday with his 18-year-old daughter Hannah, who is still missing, and his wife Angela Bacares, who was rescued.

Mr Lynch, 59, was known as the " British Bill Gates " and has been in the headlines in recent months over a high-profile fraud case.

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In June, a US jury cleared him of all charges, which were related to the 2011 sale of his software company Autonomy to Hewlett-Packard (HP). The yacht trip is believed to have been a celebration of the end of Mr Lynch's legal troubles.

HP accused him of deliberately overstating the value of the company before it was acquired by the American tech giant.

Mr Lynch was extradited to the US to face trial in May last year and spent 13 months under house arrest in San Francisco as he awaited trial on 17 charges of conspiracy and wire fraud brought by the US Department of Justice - which were later reduced to 15 charges. He always denied any wrongdoing and was acquitted.

Read more: Lynch's co-defendant dies days before yacht sinking

CCTV shows storm which capsized superyacht, killing one

Who was on board when the boat sank?

The passengers were largely British and American, with crew members were from New Zealand, South Africa, and Canada.

Charlotte Golunski was among the Britons rescued. Her LinkedIn profile says she is a partner at Mr Lynch's firm Invoke Capital and has worked there since 2012.

Charlotte Golunski

Speaking after the ordeal, Ms Golunski told Italian media that she lost her daughter Sofia for "two seconds" amid the "fury" of the sea but was able to retrieve her. She said she held the infant above the waves until the lifeboat was ready.

"Many people screamed. Luckily the lifeboat inflated and 11 of us were able to get on board," she told ANSA.

The girl's father James Emsley also survived, according to Sicily's civil protection agency.

Also on board were Jonathan Bloomer, chairman of investment bank Morgan Stanley, his wife Judy Bloomer, a top US lawyer Chris Morvillo, who worked on Mr Lynch's criminal case, and his wife Neda Morvillo. Divers confirmed on Thursday that their bodies had been recovered.

The yacht's captain James Cutfield survived, along with South African crew members Leah Randall and Katja Chicken.

Jonathan Bloomer is the chairman of Morgan Stanley Pic: Hiscox/ Linkedin

Recaldo Thomas, a Canadian-Antiguan chef who was working on the boat, was the first to be found dead, the Italian Coastguard confirmed to Sky News.

During rescue efforts, divers saw "corpses through the portholes" of the wreck as they recovered the body of a man at a depth of 50m (164ft), according to Salvo Cocina, the head of the Civil Protection of Sicily.

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What do we know about the vessel?

The Bayesian is owned by a company controlled by Mr Lynch's wife.

It was known for its unusual 72.3m (246ft) single mast - one of the world's tallest made of aluminium - and shared its name with the statistical method Mr Lynch's Autonomy software was based on.

Pic:Danny Wheelz

It was built by Italian company Perini Navi in 2008 and last refitted in 2020.

It was listed for rent for up to €195,000 (£166,000) a week, according to online charter sites.

The luxury vessel , which was managed by yachting company Camper & Nicholsons, could accommodate up to 12 guests in six suites.

It won a string of awards for its design, according to online specialist yacht sites.

Mr Schanck, of the Maritime Search and Rescue Council, said the vessel would have been equipped with "high standard" life-saving appliances and radio communications.

He added the yacht would have met all international standards and UK Maritime Coastguard Agency regulations before its voyage.

It was previously named Salute, or "health" in Italian, when it flew under a Dutch flag. Its minimalist interior featured light wood with Japanese accents designed by the French designer Remi Tessier, according to descriptions on charter sites.

Pic:Perini Navi/The Italian Sea Group

Keep up with all the latest news from the UK and around the world by following Sky News

What were its last movements?

The boat left the Sicilian port of Milazzo on 14 August and was last tracked east of Palermo on Sunday evening, with a navigation status of "at anchor", according to vessel tracking site VesselFinder.

The Bayesian previously travelled to other parts of Sicily before its last sighting off the coast of the port of Porticello.

The path of the last 24 hours of the Bayesian. Pic: MarineTraffic

On Sunday, the boat was seen off the coast of Cefalu before it travelled towards Porticello, MarineTraffic data shows.

In the days before, the yacht travelled around four of the Aeolian islands, just north of Sicily.

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Prosecutors in the nearby town of Termini Imerese have opened an investigation into the sinking.

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BREAKING: Fed Chair Jerome Powell signals a key interest rate cut is coming soon in response to a slowing economy 

Five bodies found inside superyacht that sank off Sicily

PORTICELLO, Sicily — Divers recovered four bodies Wednesday from inside a superyacht that sank in a sudden storm off Sicily , Salvatore Cocina, director of the island's Civil Protection Agency, confirmed to NBC News.

Cocina later confirmed to Sky News that a fifth body had been found and was being brought to shore. One passenger remains missing.

The identities of the bodies were not immediately released. Their recovery follows a dayslong search in the deep waters off Italy where British tech tycoon Mike Lynch  and several others were believed to be trapped in the hull. Fifteen of the 22 people aboard survived.

The rest had been missing since early Monday, when the Bayesian was caught in the storm anchored off the coast of Porticello, a village near the Sicilian capital city, Palermo.

The body of the ship’s cook, identified as Recaldo Thomas, a Canadian Antiguan national, was recovered Monday. 

On Wednesday, NBC News witnessed what appeared to be at least three body bags being lifted from fire department boats after they pulled into port at Porticello. It was unclear whose bodies they were. Some were later transferred to ambulances and driven away from the dock.

Lynch’s 18-year-old daughter, Hannah; Morgan Stanley International Chairman Jonathan Bloomer and his wife, Judy; and Clifford Chance lawyer Chris Morvillo and his wife, Neda, are also missing. 

Bayesian yacht accident in Sicily

The Bayesian is owned by a firm linked to Lynch’s wife, Angela Bacares, who was among the survivors rescued by a nearby vessel after they got into a lifeboat.

Built by the Italian shipbuilder Perini Navi in 2008, the U.K.-registered yacht could carry 12 guests and a crew of up to 10, according to online specialist boating sites. Its nearly 250-foot mast is the tallest aluminum sailing mast in the world, according to CharterWorld Luxury Yacht Charters.  

Regularly described in U.K. media as “Britain’s Bill Gates,” Lynch was  acquitted of fraud by a San Francisco jury this year, stemming from the sale of his software company Autonomy to Hewlett-Packard for $11 billion in 2011.

The Mediterranean sailing vacation was designed to be a celebration for Lynch, who brought Bloomer, who testified in his defense, and Morvillo, one of his U.S. lawyers, on the trip.

Lynch's co-defendant Stephen Chamberlain was not aboard the Bayesian, but in what appears to be a tragic coincidence, a  car struck and killed  him Saturday as he was jogging in a village about 68 miles north of London, local police said.

Claudio Lavanga and Claudia Rizzo reported from Porticello. Henry Austin reported from London.

Claudio Lavanga is Rome-based foreign correspondent for NBC News.

Claudia Rizzo is an Italy based journalist.

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Henry Austin is a senior editor for NBC News Digital based in London.

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The bourgeois charm of Siberia's oil capital

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If you’re driving west across Russia from the Pacific Ocean, the first thing that you notice upon entering the city of Tyumen is the McDonalds. Tyumen has long been one of the only Siberian cities with a McDonalds restaurant. Although the fast-food giant has plans to open locations in nearby Novosibirsk and other regional cities, Siberia still contains one of the longest distances on earth outside of Africa where you can remain on a major highway and not see a McDonalds. Until you reach Tyumen, that is.

A stop in Tyumen provides an interesting glimpse into how modern Russia’s oil revenue has influenced Siberia’s oldest Russian city. Tyumen is a great stopover point on the Trans-Siberian Railroad and a short ride from Yekaterinburg (five hours) or Tobolsk (four hours).

In the 16th century, Russia started expanding eastward into parts of Central Asia ruled by the Tatars, an Islamic people who still live thoughout Russia. A band of Cossacks wrested control of Tyumen from the Tatars in 1580. Six years later, Russians established a fort in Tyumen on the Tura River.

For centuries, Tyumen vied with the nearby city of Tobolsk—once the official capital of Siberia—for the prestige of the region’s most important city. Tyumen won in the end, when the Trans-Siberian Railroad bypassed Tobolsk and was routed through this now oil-rich city.

Tyumen played an important role in Russian history during times of war. At the beginning of the Russian Civil War, the Bolshevik Red Army slowly pushed the White Army, commanded by Admiral Alexander Kolchak, into Siberia. Kolchak and his anti-Bolshevik forces holed up in Tyumen until the Red Army overtook them in January of 1918.

During the Second World War, many Russian industries were moved away from the front to Siberian cities. Tyumen had already become an industrial capital during the early Soviet era, and the city became an ideal spot to relocate Russia’s western factories. As Nazi forces approached Russia in 1941, the embalmed body of Vladimir Lenin was sent from the Lenin Mausoleum in Moscow’s Red Square by train to the Tyumen State Agricultural Academy for safekeeping. In 1945, Lenin’s body was shipped back to Moscow.

Some of the factories relocated to Tyumen during wartime remained in the city. The discovery of oil in the region catapulted Siberia’s oldest Russian settlement to further prosperity. Modern Tyumen is a vibrant city with a number of universities and a revamped center well-suited for exploration by foot.

Start your walking tour around central Tyumen on Ulitsa Respubliki. The city’s main drag has fine pedestrian walkways and leads wanderers past an impressive collection of tsarist-era buildings that recall Tyumen’s importance in the beginning of Russia’s colonization of Siberia.

From the southeastern end of Ul. Respubliki, head north toward the Tura River and take a brief side trip onto Ul. Ordzhonikidze to visit the Fine Arts Museum (47 Ul. Ordzhonikidze) which houses exhibits of classical Russian and Soviet art as well as traditional bone carving and works produced by the native people who live in the far north of Tyumen Oblast.

Back on Ul. Respubliki, you’ll soon see the city’s requisite Lenin statue by the local government buildings. A block away, opposite Lenin, is Tyumen’s city park, a delightful place to walk or hop on one of its amusement rides.

Most Siberian cities developed under the watchful eyes of the atheist Soviet regime and churches are usually not Siberia’s strongpoint. But this isn’t true in four-centuries-old Tyumen. Strolling up Ul. Respubliki, you’ll soon come to the Church of the Saviour (41 Ul. Lenina) and the Znamensky Cathedral (13 Ul. Semakova). Each of these stunning Baroque-influenced churches are located right off Ul. Respubliki and were built in the late 18th century.

Tyumen is also famous for its historic wooden houses. Heading further up Ul. Respubliki, stop to wander around some of the side streets and snap photos of these ornate wooden structures which provide a glimpse back in time. Near the Tura River, you’ll pass a civil war monument in remembrance of the Tyumen natives who died fighting the White Army and the Tyumen State Agricultural Academy (7 Ul. Respubliki) an impressive building in its own right where Lenin was stored during the Second World War.

Near the end of Ul. Respubliki, take a walk over the Tura River on the Lover’s Bridge, a suspension bridge open to foot traffic only that has become one of Tyumen’s iconic sights. The other side of the river is a great place to see more of Tyumen’s signature wooden houses as well as take in the churches scattered around the city center.

Save the best for last and visit the Trinity Monastery (10 Ul. Kommunisticheskaya) at the end of Ul. Respubliki. A white wall surrounds the monastery, giving it the appearance of a mini-kremlin, and the golden onion domes of the 18th century churches within should not be missed.

Although navigating Tyumen is straightforward enough, the St. Petersburg-based travel company OSTWEST can arrange a city tour in Tyumen and the surrounding countryside.

All rights reserved by Rossiyskaya Gazeta.

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How much does it cost to charter a yacht? review

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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.

All Inclusive Plus Expenses
Check Package

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.

Captain & Crew Gratuities (Tips): How much?

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. 

View of the French Riviera

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.

Yacht Charter Seasons

Event pricing

A car races by yachts at the Monaco Grand Prix

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.

Off-Season Yacht Charters

  • 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.

Cinema room onboard MY Axioma

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.

Yacht Charter Contracts

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.

A captain's cap in a yacht bridge

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.

yachts docked in a marina at sunset

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 port side of a superyacht in a marina at sunset

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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