When planning a luxury yacht charter, the first thing that comes to mind is probably the yachting experience. However, before you leave for your excursion on board, be aware of all the details regarding yachting fees. If you’re planning on taking your guests and friends aboard a luxury yacht during your next vacation, then this article is for you. Yachting refers to the act of enjoying time aboard a private boat or ship. Many people venture out on pleasure cruises in different types of boats.
However, not all boat owners enjoy this type of experience or have the financial resources to do so. Thus, if you’re looking for an alternative that won’t cost you too much money but will still give you plenty of luxury and exclusivity as well as offer possibilities for expanding your social circle beyond your circle – then yachting is perfect for you. Yachting can be more affordable than owning a personal yacht and more exclusive than renting one from a charter company. With that said, read on…
What is a Yacht Charter?
Yacht charter is the activity of chartering a yacht. A yacht charter is a contractual agreement between a yacht chartering company and its clients. The client signs a contract with the yacht chartering company and pays a deposit to the chartering company in exchange for the use of the yacht for a specified period.
While a yacht charter is similar to a cruise in terms of activities onboard and navigation, it differs in some aspects. Cruises are generally organized by companies that handle the logistics. A yacht charter, on the other hand, is a private arrangement between two individuals or companies. It’s usually organized by an owner of a vessel and a company looking to charter a yacht for a specified period.
Types of Yacht Charter
- Corporation Yacht Charter: This is a charter that involves a corporation or a business as the operator of the yacht. In this scenario, the yacht charter is organized by the ship management company or the charterers’ agents. This kind of yacht charter can be very useful when you want to promote the image of your company or when you need to transport employees, equipment, and goods in good shape.
- Private Yacht Charter: Private yacht charter is when you charter a yacht that is owned by an individual. The owner may be a private individual, a corporation, or a business. A private charter yacht is generally more expensive than a corporate charter yacht.
- Crewed Yacht Charter: This is like a corporate yacht charter, but here, you choose a yacht charter company that offers this type of yacht charter where you charter a yacht with a captain and crew.
- Bareboat Charter: This is the most common type of yacht charter. In this scenario, you charter the yacht for a specified period with the yacht charter company and do not buy the yacht at the end of the charter. You simply return the yacht at the end of the charter period and you’re done with the yacht.
Yacht Charter Fees
Yacht charter fees refer to the amount the yacht chartering company charges the client. There’s no one official yacht charter fee and each yacht chartering company might have its yacht charter fee structure. A yacht charter fee is generally based on the size of the yacht and the duration of the charter. Generally, the yacht charter fee can range from USD 5,000 to USD 50,000 or more.
Why Book a Yacht Charter?
A yacht charter is a luxury way of transportation. It’s generally only done by the wealthy who can afford to entertain guests in style aboard a private yacht. For example, you can charter a yacht for a week in the Mediterranean and explore the region with a group of your friends. You’ll have access to a luxurious yacht, meals, and all the amenities you could want in style.
Another great reason to book a yacht charter is for business purposes. For example, you could charter a yacht for a week in the Caribbean, allowing you to enjoy the warm weather with your employees. Or, charter a yacht for a week in the Mediterranean, allowing you to explore the region with some of your clients.
Finding the Right Luxury Yacht Charter Company for You
Choosing a yacht charter company can be tricky. It’s important to look for a company that has a great reputation with previous clients. You should also choose a yacht charter company that offers a variety of yacht charter types, such as crewed charter (for cruising or sailing), bareboat charter, and private charter yachts.
Additionally, choose a yacht charter company that has a variety of vessels to choose from. It’s also important to consider the experience of the yacht chartering company’s staff and their knowledge about the industry and yachting. You can ask the yacht chartering company for references and ask other yachtsmen about their chartering experiences with the yacht chartering company.
Conclusion
A yacht charter is a high-end luxury way of enjoying the sea. It’s usually only done by the wealthy who can afford to entertain guests in style aboard a private yacht. For example, you can charter a yacht for a week in the Mediterranean and explore the region with a group of your friends. You’ll have access to a luxurious yacht, meals, and all the amenities you could want in style.
