How Much Does It Cost To Charter a Yacht?

Private Yacht Charter Costs- "Plus Expenses" Rates.

For this type of pricing, the basic charter fee covers the yacht (equipment and amenities), its crew (plus their meals), and insurance coverage for the yacht charter.

Additional costs will include the running expenses for the yacht during the charter including fuel for the yacht, generators, tenders, water toys, dockage, port fees, and all other consumables like food and drinks. These are all considered charter expenses.

These other costs incurred are charged "at cost" with no markups. This provides fair pricing for all clients based on their activities and what is consumed or purchased by the yacht for them. A charter where the charterer wishes to cover large distances and/or wants to consume the very finest wines will obviously incur higher expense costs than a charterer who travels short distances and has more modest tastes in food and wine. Of course during your charter, at any time your captain can keep you up to date on expenses being accumulated.

A deposit "advance provisioning allowance or APA" is made by the charterer along with their final payment which is used by the yacht to pay for expenses in preparation for, and during, the charter. Any unused funds in the APA are returned to the charterer at the end of the charter, and if more is required the charterer will be asked for additional funds. The amount of the APA is listed on the charter agreement.

It is hard to predict such expenses in advance so this system has proven to work very well for the majority of yachts and guests. The charterers themselves control the costs, and the captain updates them as frequently as desired during the charter. Our charter specialist will be able to provide an outline of expected charter costs beforehand.