Yacht and Boat Chartering Industry Terminology

“We’ll add the drone policy via an addendum.”; “Weather contingency terms were clarified in an addendum.”; “The owner signed an addendum approving a pet onboard.”

“Track the yacht’s AIS on MarineTraffic.”; “We’ll switch AIS to privacy mode near the owner’s villa.”; “The captain monitors nearby traffic via AIS when entering the marina.”

“That Caribbean catamaran runs all-inclusive with a standard bar.”; “Premium wines are extra on an all-inclusive.”; “Dockage and taxes may still be excluded on some all-inclusives.”

“Expect an APA of 25–35% in the Med.”; “Unused APA is returned with receipts post-charter.”; “APA covers fuel, dockage, food, drinks, and incidental expenses.”

“You’ll need a valid skipper’s license for a bareboat in Croatia.”; “A refundable damage deposit applies on bareboats.”; “Add a skipper to convert this to a skippered charter.”

“The base rate excludes VAT and APA.”; “High-season base rate is higher than low-season.”; “The quote is at the base rate plus expenses.”

“The home berth is in Porto Cervo.”; “We reserved a berth for the Monaco GP weekend.”; “Berth fees are charged to the APA.”

“This yacht is under CA with MYBA terms.”; “Contact the CA for the latest calendar and net rate.”; “The CA controls marketing and option holds.”

“We’re issuing a MYBA e-contract.”; “The charter agreement outlines cancellation and force majeure.”; “An addendum will detail the drone usage policy.”

“Your retail broker will manage your preferences and offers.”; “The broker liaises with the CA to secure an option.”; “A good broker vets crew and safety standards.”

“Commission is commonly 15–20% of the base rate.”; “The CA and retail broker split the commission.”; “Owner’s net is base rate minus commission.”

“Add the CDW to reduce your bareboat liability.”; “Without a waiver, a higher security deposit is required.”; “The waiver excludes negligence and gross damage.”

“The yacht is coded for 12 guests for day charters.”; “Event charters are priced per day with security staff.”; “Different VAT rules may apply on day charters.”

“With a 2.4 m draft we can’t enter that shallow bay.”; “Choose a shallow-draft catamaran for the Bahamas.”; “Draft affects berth assignment and anchorages.”

“This yacht runs hybrid propulsion and uses eco-toiletries.”; “Plastic-free charter with glass bottles only.”; “We’ll offset fuel burn via carbon credits.”

“Embarkation 12:00 Sat; disembarkation 12:00 next Sat.”; “Early embarkation is subject to the crew’s turnaround.”; “Disembarkation formalities include APA reconciliation.”

“This yacht is plus expenses—budget APA for fuel and F&B.”; “Dockage and taxes are extras.”; “Watertoy rentals are billed as extras.”

“Storm closures triggered force majeure.”; “Government restrictions invoked the force majeure clause.”; “We added a pandemic carve-out to force majeure.”

“The yacht has two silent gensets for overnight AC.”; “Generator hours will be charged to APA.”; “A large genset supports the jacuzzi and stabilizers.”

“Customary crew gratuity runs about 10–20% of base rate.”; “Tips are given to the captain for distribution.”; “Gratuity is discretionary but appreciated for good service.”

“July–August are high season in the Med.”; “Holiday weeks price at high-season rates.”; “Availability is tight at high-season pricing.”

“H&M covers storm damage to the yacht itself.”; “H&M is separate from P&I liability cover.”; “Refit value must be updated for H&M.”

“50% due on signature, balance 30 days prior.”; “Events may use a 30/70 schedule.”; “Funds are held in a stakeholder account per contract.”

“Draft itinerary is weather-permitting.”; “Custom itinerary tailored to quiet anchorages.”; “Port bookings shape the itinerary during peak weeks.”

“Guests need a PWC license in this country.”; “Use is limited to daylight and calm conditions.”; “Jetski fuel is billed to the APA.”

“Cruising speed is 12 knots.”; “Plan 18 knots to make the next anchorage.”; “Fuel burn rises sharply above 15 knots.”

“Berth fees are quoted by LOA.”; “The LOA includes the swim platform.”; “Port limits restrict LOA above 50 m.”

“May and October are low season in many Med areas.”; “Expect better availability at low-season rates.”; “Some yachts offer short-term low-season pricing.”

“Booking is on MYBA terms.”; “We’ll issue a MYBA eContract.”; “MYBA guidelines inform crew gratuity norms.”

“The next island is 24 NM away.”; “Fuel plan is based on NM and speed.”; “We log distance in nautical miles.”

“Athens to Mykonos incurs a delivery fee.”; “One-way charters are subject to owner approval.”; “The crew needs repositioning time after a one-way.”

“P&I covers third-party liabilities.”; “Claims for guest injury fall under P&I.”; “P&I limits depend on vessel coding and trade.”

“The yacht is commercially coded for 12 PAX overnight.”; “Day charter PAX limits differ from overnight.”; “PAX count drives provisioning and cabin setup.”

“Please return your preference sheet 30 days prior.”; “We noted vegan menus and no shellfish.”; “Toy preferences and wine list go on the sheet.”

“Provisioning is funded via the APA.”; “Last-mile provisioning happens on turnaround day.”; “Specialty wines require pre-approval and lead time.”

“See the 2025 rate card for high/low season.”; “Event and day rates are listed on the card.”; “Minimum days and holiday surcharges are on the rate card.”

“Full refit in 2023 with new interiors.”; “Mechanical refit addressed generators and stabilizers.”; “Post-refit photos are on the listing.”

“The 6.5 m RIB is the primary tender.”; “RIBs are ideal for beach landings.”; “We’ll tow toys using the RIB.”

“Bareboats require a refundable deposit.”; “The deposit is a credit card hold at check-in.”; “Deductions cover damage not included in the waiver.”

“A captain is provided; guests handle meals.”; “Add a hostess/chef to upgrade the experience.”; “Skipper fee and provisioning are extra.”

“Zero-speed stabilizers reduce roll at anchor.”; “Fin stabilizers work best underway.”; “Guests prone to seasickness prefer gyro-stabilized yachts.”

“She’s a 55 m superyacht with 12 guests and 12 crew.”; “Superyacht charters often require MYBA terms.”; “Helipads are common on larger superyachts.”

“The tender will shuttle you to shore.”; “We’ll use the tender for snorkeling trips.”; “Tender ops depend on sea state for safety.”

“Seabobs and SUPs are included.”; “Jetskis may require a license.”; “Towables are launched by the RIB.”

“Saturday-to-Saturday with a noon turnaround.”; “Short turnarounds may limit long passages.”; “Crew rest and deep clean occur on turnaround.”

“EU charters are subject to local VAT.”; “Rates vary by country and charter type.”; “Tax is added on top of the base rate.”

“Standby on VHF channel 16.”; “We’ll confirm the berth with the marina on VHF.”; “DSC alerts are monitored by the captain.”

“The watermaker produces 180 L/h.”; “Run time is charged to generator hours.”; “Watermaker reduces reliance on marina water.”

“The management company handles compliance and crew payroll.”; “Charter management is included in the service.”; “They coordinate maintenance and refits.”

“Zero-speed is essential for calm nights at anchor.”; “These stabilizers reduce roll even when the yacht is stationary.”; “Families prioritize yachts with zero-speed systems.”