What is yacht chartering

Yacht chartering enables individuals to hire – or charter, a vessel for an allotted period of time. Yacht chartering can take place for both leisure and corporate purposes, and each charter will have its own reasons for occurring, ranging from taking a holiday to holding a corporate meeting.

Features of yacht chartering

Yacht chartering is essentially hiring or renting a vessel for a certain period of time and under the specific conditions of the contract signed. All types of yachts can be chartered, from super yachts, mega yachts and luxury yachts, to sailing yachts and motor yachts.

There are two varieties of yacht chartering:

Bareboat: This type of chartering involves chartering a vessel without any crew or provisions included within the offer. In this instance, it is the responsibility of the people renting the vessel to make these arrangements if required, or to maintain the yacht independently, including sailing, navigating, anchoring, cooking, cleaning and so on.

Crewed: This type of chartering involves renting a vessel that comes with a crew and provisions. This can be anything from an additional 2 people on board (for example, a captain and a cook), to an entire group of 30 or more crew. The yachts chartered can vary in size and if a captain and cook are hired, a cabin must be allotted for them, as well as an arrangement for their meals.

Each planned charter is unique as it involves sailing to different destinations for a specified period of time. It is important when planning a charter to take into consideration the following aspects:

  • The type of yacht being chartered
  • The duration you intend to charter the vessel for
  • The time of year you wish to travel
  • The exact waters you will be sailing in
  • Cabin requirements
  • The number of people present on the charter (including crew)
  • Your budget

Upon establishing all of these factors, a Charter Agreement will be drawn up specifying the individual features of the charter, as well as the payment schedules, cancellation policies and rights and obligations of all parties involved.