Luxury yacht charters are reserved by use of a yacht charter contract. Once you have decided to plan and book a luxury yacht vacation at some point you will need to sign a yacht charter contract in order to book the yacht.
Your charter contract will be between you, the charterer, and the yacht's owner. The yacht's manager/representative will determine which type of contract is the correct one to be used based on your destinations, the yacht's certification in the country where it is registered, including if the yacht is certified as a private or commercial vessel, and other factors. Our specialist will prepare the charter contract for all parties to sign.
There are a number of standard contracts used within the crewed yacht charter industry on a regular basis.
The common types of contract are:
The MYBA charter contract, which was developed by the Mediterranean Yacht Brokers Association. This is probably the most used contract in the industry.
AYCA charter contracts, developed by the American Yacht Charter Association. There are two types of AYCA contracts; 'Uninspected' and the 'Bareboat/Services' which is a pair of agreements.
Caribbean term contracts, developed by the Charter Yacht Brokers Association.