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Yacht chartering is the practice of renting, or chartering, a sailboat or motor yacht and traveling to various coastal or island destinations. There are three main kinds of charter: bareboat, skippered and crewed. Bareboat charters require the client to skipper the boat themselves, while skippered charters include both boat and a professional ...
A bareboat yacht charter (in the leisure industry, the term "demise charter" is not used) is the short-term hire for only a few weeks or even less. The owner supplies the yacht in seaworthy order, and it is fully fuelled and possibly revictualled. The yacht may be part of a holiday flotilla and is sometimes crewed by an employee of the owner.
In a bare-boat or demise charter, on the other hand, the owner gives possession of the ship to the charterer, and the charterer hires its own master and crew. The bare-boat charterer is sometimes called a "disponent owner". The giving up of possession of the ship by the owner is the defining characteristic of a bareboat or demise charter.
The global yacht charter market size was valued at $14.42 billion in 2022 and is expected to reach $15.71 billion in 2023. But how much does it cost to go on a yacht charter? The answer will ...
In most traditional charter destinations such as Greece or Croatia the chartering company would ask to see a skippers recognised yachting certificate in order to charter bareboat yachts. While it is always possible to add extra services to a bareboat rented vessel, it remains fundamental to understand that the term bareboat indicates that the ...
The term 'yacht broker' can sometimes be confused with the term 'yacht charter broker'. A yacht broker acts as an agent in the sale of yachts, rather than the "rent", hire or charter time on yachts. A yacht charter broker specializes in the "charter" of fully crewed luxury yachts or smaller bare-boat yachts used by people for holidays/vacations ...
Advance Provisioning Allowance (APA) is an advance payment required to be made to fund estimated boarding costs of the charter price used to cover the costs of yacht preparation, requested supplies, port, mooring and other legal charges and fees, diesel and fuel, communications, crew gratuities, extras and depends on guest particular request for services, itinerary, food, beverages etc. [1] [2]
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