WHAT IS THE DIFFERENCE BETWEEN A CHARTER YACHT AND A PRIVATE YACHT?
A private yacht is used purely for the leisure of a yacht owner and guests.
A charter yacht is rented out to HNWI guests. On a charter yacht, crew may receive gratuities for providing excellent service.
WHAT IS MYBA?
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. MYBA only endorses membership to brokerages with a proven track record of professional excellence in the yachting industry, thereby offering valuable benefits and safeguards to clients choosing to purchase, sell, build or charter a yacht through a MYBA broker. Bluewater is proud to be a member of MYBA with a proven track record in the Yachting Industry.
WHAT IS INCLUDED WITHIN THE CHARTER RATE?
Most charter rates quoted are based on MYBA Terms, which imply that the yacht will be provided to the charterer in full commission and with all necessary equipment, properly insured for marine risks and managed by a crew, whose wages, food and clothing are for the owner's account. All other operating expenses are payable by the charterer and comprise (but are not restricted to) the following items: fuel and lubricating oils for the yacht, her tenders and motorised water toys; local taxes; pilotage; port, harbour and marina dues; customs clearance; water and electricity; personal laundry; all provisions, wines, beers, spirits, soft drinks and consumables for the charterer's party; telecommunication costs. Please note that, occasionally, a yacht may offer a variation on the terms described above. Our brokers will provide full details of any charter terms that vary from standard MYBA Terms when presenting the relevant yachts.
WHAT DO I NEED TO DO TO SECURE MY CHOSEN YACHT?
All charters are subject to a fully executed contract, so once the availability for your chosen yacht has been verified; you will receive a standard MYBA Charter Agreement for signature. If your chosen cruising itinerary necessitates embarking or disembarking from a point other than the yacht's home port, positioning charges (delivery/redelivery fees) may be required. These charges, if applicable, will be confirmed in advance and affirmed in the Charter Agreement, together with any taxes that may apply.