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Several factors determine the cost of a charter, including the size of the yacht, its age, its pedigree, the number of crew, time of sailing (whether it is high season or not), and the destination. The worldwide range of charter prices (per person per week) is estimated to be from $1000 up to and in excess of $20,000.
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]
The boat was built by Austal USA shipbuilders in 2002. Home-docked at Bayside Marina, Biscayne Lady is a venue for private event charters. [4] The yacht operates from most major marinas in South Florida. [5] Biscayne Lady Yacht Charters consists of Biscayne Lady and one sister vessel named Venetian Lady. [6]
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The bareboat charter market was established first in 1967 in Tortola by Jack Von Ost, [3] founder of Caribbean Sailing Yachts, who conceived the idea of a fleet made up of similar boats, with a standard for maintenance and equipment and boats especially designed for charter and not private use.
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.
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