This page includes the Frequently Asked Questions regarding Luxury Charter Yachts’ industry. Listed below are common questions and answers that may be used to clarify any doubts you may have about the charter world.
The Silver Star Yachting Team is at your disposal to provide you with any information you may require.
All the questions and answers regarding MYBA Charter Agreement and payment methods.
The contract is stipulated between the Owner and the Charterer through a Broker, who serves as a point of contact for both the Owner and the Charterer. Additionally, the contract requires the presence of a Stakeholder, who is chosen by the Owner and whose role is to keep the funds until the end of the charter period.
Upon signature of the Yacht Charter agreement, a deposit of 50% will be required to confirm the booking. The balance of 50%, along with the APA, VAT and any delivery / redelivery fees, will be due four weeks prior to the commencement of the charter.
The charter fee includes the charter of the yacht with all its equipment; the crew’s wages; food; the insurance of the vessel.
Acceptable payment methods include Bank Transfer only. If the charter is booked at the last minute, it may be paid with an instant transfer or with credit card in situations where the yacht can accept these types of payments.
Should the Charterer give notice of cancellation of the agreement, the Owner shall be entitled to retain the first deposit and any subsequent deposits due (except VAT and APA). In the event that the Owner is able to re-let the yacht for all or part of the period under the agreement, the Owner will give credit for the net amount of charter hire arising from such re-letting after deduction of all commissions.
In addition to the yacht charter fee, you will also be asked to pay the APA (Advanced Provisioning Allowance) which is 25-35% of the charter fee. The APA is given to the captain to purchase fuel, supply the yacht with food and drinks you request, and cover any other expenses relating to the cost of your yacht charter. Prior to your disembarkation, at the end of the Charter Period, the Captain shall present to the Charterer a detailed account of expenditure, with as many supporting receipts as possible, and the Charterer shall pay to the Captain the balance of the expenses or the Captain shall repay to the Charterer any balance overpaid, as the case may be.
Usually on board our yachts there is always a member of the crew who takes care of cooking. On board yachts up to 22 mt the presence of a professional chef is not required, while on board yachts from 24 mt onwards it is necessarily required. Generally, yachts from 50-60 mt onwards come with a kitchen crew.
About four weeks before the commencement of the charter, or at the time of booking, if the time is short, we will send a preference form to guests. Guests will write down all their preferences on the form, including food allergies and other dietary restrictions.
This ensures the crew and the chef in particular get to know the Charterers’ preferences and are able to organize the pantry to satisfy all requests.
Everyday, the chef proposes a menu based on the availability of fresh foods at the market. Particular diets are not a problem if previously indicated.
Yes, it’s possible on board displacement or semi-displacement yachts at least 24 mt long. The other conditions necessary for cruising during the night are at captain’s discretion. Favorable weather conditions are required.
Yes, it’s possible if the weather permits it. Also, the captain shall give his consent. Generally, during a charter week onboard, a motor boat of small size is allowed to stay only 2-3 days at anchor overnight. This is to guarantee proper rest for the crew and to safeguard the generators.
However, for yachts of medium and large size, this is not an issue.
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