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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]
Black Pearl, at 106.7 metres (350.1 ft) the largest sailing yacht, as of 2018 [12]. The "Large Commercial Yacht Code (LY2)" of Great Britain and its dominions defines a "large yacht" as one that is 24 metres (79 ft) or more at the waterline and is in commercial use for sport or pleasure, while not carrying cargo or more than 12 passengers, and carrying a professional crew.
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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.
This list of motor yachts by length, is a table of the world's longest active superyachts, with an overall length of at least 75 metres (246 ft) and up. These boats are also known as "megayachts", "gigayachts" and even "terayachts", usually depending on length.