Yacht Charter Management

The discretion is paramount and guaranteed at all times. Our crew operates under strict, legally binding confidentiality protocols. We ensure your privacy, movements, and personal details remain absolutely protected.

The MYBA Charter Agreement protects your funds by placing them with an independent Stakeholder. Payments are transferred upon receipt to a designated Stakeholder account in the contract currency. A portion is released at the start of the charter, with the remaining balance released at the end, provided the charter is completed without issues, fully in accordance with the contract terms.

It is an industry-standard contract for luxury yacht charters. Under this agreement, all charter payments are made to an independent stakeholder, not directly to the yacht owner.

Strongly recommended. The cancellation policy prioritises the owner’s fixed costs and schedule, meaning refunds are limited once instalments become due. Charter insurance can protect you against unexpected events that are not covered under the agreement.

Yes. Even when the owner is entitled to retain payments, they are contractually obligated to mitigate your loss by attempting to re-charter the yacht. The owner cannot unreasonably refuse suitable replacement charters.

Yes. If the owner is declared bankrupt, enters liquidation, or materially breaches the agreement, you have the right to cancel the charter and receive a full refund of all monies paid, with no deductions.

Any VAT due on the charter fee or incurred expenses remains payable by you. You may request invoices or supporting documentation via your broker, and both the owner and captain are required to mitigate VAT and expense exposure where possible.

Yes. APA, delivery/re-delivery fees, and the security deposit are refunded upon cancellation, unless expenses have already been incurred or delivery has taken place. In such cases, you are responsible only for the actual costs incurred, unless they can be recovered or offset by a replacement charter.

Yes. If the yacht is re-chartered for all or part of your original dates, you are entitled to a pro-rata credit based on the net charter hire earned, after deducting commissions and re-letting costs. The owner is required to make reasonable efforts to re-charter the yacht.

Your deposit is refundable only if it relates to instalments that were not yet due at the time of cancellation. Any deposit or instalment that had already become due under the agreement can be retained by the owner.

You may receive a partial refund, but only for amounts that were not yet due under the payment schedule. Instalments that were already due at the time of cancellation are non-refundable. Payments made in advance for future instalments will be refunded.

If you cancel before the charter starts, the owner may retain any instalments already due and payable at the time of cancellation. Instalments not yet due are not payable, and any advance payments for them will be refunded, as per the charter contract.