Planning your luxury yacht trip might seem really complicating. For this reason, our team of professional consultants will help you select the right yacht, plan your itinerary and arrange all logistics before, during and after your trip.
We are available to make all chartering process easy and make sure that you enjoy the best experience ever!
Charter rates are quoted per week since a typical yacht charter is booked for one or more weeks, but charters may be for any duration under or over seven days. Some yachts are available for daily charters (cruise or static) and you can even book for hosting an event on board.
Of course you may choose the date that your charter will start, depending always on yacht’s availability.
Charter days are quoted per week. Charters over seven days are calculated pro-rata against the weekly rate divided by seven and multiplied by the number of charter days. Charters for less than a week may be considered, in which case the weekly rate is divided by six and multiplied by the number of days. Charters commerce from noon onwards on the first day and terminate by noon on the last day. High season rates apply to the most popular charter periods e.g. July/August and Christmas/New Year. Low season rates apply to all other periods unless otherwise stipulated.
MYBA is the Mediterranean Yacht Brokers Association and is a worldwide professional trade association founded in 1984 by a group of prominent yacht brokers with the aim of promoting standards of professionalism and ethics in the yachting industry throughout the Mediterranean and, ultimately, worldwide.
All charters are subject to a fully executed contract. Once our professionals verify the availability of the yacht you have selected, you will receive a standard MYBA Charter Agreement for signature, with a request for a deposit to secure the booking. The Charter Agreement defines the terms and conditions, obligations and rights of all parties. If embarkation and/or disembarkation take place at a different location from the yacht’s home port, delivery/return fees will also be charged. These charges, if applicable, will be confirmed in advance and affirmed in the Charter Agreement, together with any taxes that may apply.
A deposit of 50% of the total charter fee is payable by bank transfer upon signature of the Charter Agreement. This confirms your booking. The remaining 50%, plus an Advance Provisioning Allowance (APA), together with any VAT taxes, delivery/redelivery fees and any additional agreed charges, is payable by bank transfer one month before the charter commences.
VAT (Vat Added Tax) is usually charged on the Charter Fee in European territorial waters. Rates may vary according to the place of embarkation and the chosen itinerary.
Most charter rates are based on MYBA terms, which imply that the yacht will be provided to the charterer with crew service (whose wages, food and clothing are for the owner’s account ) and all necessary equipment properly insured for marine risks.
All other operating expenses are payable by the charterer and comprise of the following: VAT; fuel and lubricating oils for the yacht, her tenders and motorized water toys; local taxes; pilotage; port, harbor and marina dues; customs clearance; water and electricity; personal laundry; all provisions, wines, beers, spirits, soft drinks and consumables for the charterer’s party; transportation from/to the yacht; telecommunication costs.
The Advance Provisioning Allowance (APA) is due at the time of the final charter payment. Under MYBA terms, this amount is usually equivalent to 25%-30% of the total charter fee. Intended to cover the operating expenses of the charter such as fuel, food, drinks, port fees etc, these funds are given to the captain before the start of your charter. He is to ensure that the yacht is fully fueled and provisioned when you are on board. Although an up-to-date summary of accounts may be requested at any time during your charter, a full set of accounts will normally be submitted by the captain at the end of the trip. If, during the charter, the expenditure exceeds the amount already paid, additional cash funds will be required at once. All outstanding bills will be settled in cash before final disembarkation. Of course, any remaining credit at the end of the charter will be reimbursed to you in full. On request, transfer arrangements to and from the yacht can be made by LDM charter consultant or by the captain, payment of which will be deducted from your APA.
As per the MYBA contract, if you decide to cancel your charter the owner may retain your deposit or the entire charter fee. This depends on the timing you will communicate your cancellation. If you cancel after you have submitted your deposit but before the final installment is due, the owner is entitled to retain your deposit. If you have already paid the entire charter fee, the owner is entitled to retain the full amount but will return the Advance Provisioning Allowance (APA). If you decide to cancel your charter, make sure to talk to your LDM consultant as we can liaise with the owner to find an alternative date for your charter.
Most yachts are welcoming to children and some are equipped with children in mind. However, a few yachts may stipulate a minimum age for children and/or have a requirement for a nanny to be on board during the charter. The crew can’t provide child minding or babysitting services. Kindly inform LDM consultant at the outset of planning your charter if there are children in your party.
The number of guests allowed on each yacht is usually determined by the yacht’s size and number of cabins. On most yachts, the maximum number of charter guests allowed to sleep on board by law is 12. The International Maritime Law regulates this and it is all about the passenger safety. If you require a yacht that can accommodate more persons, LDM consultants will make sure to find you a selection of yachts that are appropriated registered with a larger guest capacity. The number of guests allowed to be on board while cruising depends on the yacht’s size and safety regulations. Please talk with your LDM consultant about this.
Smoking is not permitted inside most yachts, however please consult us for verification, as this policy may vary on certain yachts. As per safety regulations, smoking in cabins is prohibited on all yachts. Some yachts may allow smoking in designated outdoor areas.
Let your LDM Charter consultant know the destinations that you would like to visit.
Yachts are usually based at a specific port, but most of them are available for charter in the wider area. The speed of the yacht and weather conditions are some of the factors that will determine the exact locations and number of ports that you can visit during your charter. You should also keep in mind that if embarkation and/or disembarkation take place away from the yacht’s home port, delivery /return fees and expenses will also be charged.
Of course you are allowed to use all amenities on board and enjoy them as if they were your own.
In most countries a Certificate of Competency is required in order to use certain water toys (e.g. jet skis, wave runners and other mechanically propelled watercraft) and there may be an age limit. Certain areas prohibit the use of motorized water toys altogether. If the yacht has SCUBA diving equipment available on board, a certified PADI license or equivalent is necessary. If you do not have the required certificates, our team can arrange for an instructor to come on board the yacht during your charter. Please note that all tuition fees are for charterer’s account and availability of local instructors can’t be guaranteed.
Crew gratuities are discretionary, although it’s customary for a charterer who has enjoyed the service of the crew to extend a gratuity. Crew gratuities are normally 10% to 20% of the charter fee, upon discretion and based on satisfaction. The best way to ensure that all crew members are recognized equally is to entrust the distribution of gratuities to the captain or your charter consultant.
Every detail counts. Several weeks before the charter begins, your LDM charter consultant will ask you to fill a detailed questionnaire including all preferences and special requirements for the guests. This will cover dietary preferences, medical requirements, details on any allergies, favorite sports and entertainment requests.
Knowing your preferences will allow us and the crew to ensure that you have on board everything that you need.
The only thing that you have to do is let your LDM consultant know and we will cooperate with the Captain to make all arrangements required.