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How much does it cost to charter a mega yacht?

Youll pay a weekly rate of $100,000 or more for a superyacht charter rental. If you want something smaller, the price varies between $20,000 and $80,000. For a megayacht rental (much bigger than a superyacht), you can expect to pay upwards of a million dollars. The larger the yacht, the higher the cost.

What is the bareboat charter basis?

Basis of Charter The Charterer shall at its own cost and risk crew, manage, maintain, navigate, operate, insure, victual, fuel, provision, supply and (whenever the same may be necessary) repair and dry-dock the Vessel.

What are MYBA terms?

for Gulets, Sailing and Motor Yachts that use MYBA terms, the charter fee includes the charter of the yacht with all its equipment in working order, tools, stores, cleaning material, and basic consumable stores for engine-room, deck and cabins, etc., the crews wages and the insurance of the yacht for marine risk

What is a Myba charter contract?

Charter agreement (MYBA) MYBA terms define a charter as a period where the yacht is let to a charterer against the payment of a fee, including the crew and equipment for operating, the yacht and insurance for marine risk, crew employers liability and third-party claims.

What are the terms of the Myba charter?

MYBA terms define a charter as a period where the yacht is let to a charterer against the payment of a fee, including the crew and equipment for operating, the yacht and insurance for marine risk, crew employers liability and third-party claims.

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What is an MYBA agreement?

An MYBA contract is a standard contract between the charter company and the charterer. Here is an example: CLAUSE 1 AGREEMENT TO LET AND HIRE. The OWNER agrees to let the Yacht to the CHARTERER and not to enter into any other Agreement for the Charter of the Yacht for the same period.

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