Contracts Explained

Once you have chosen the ideal yacht, checked availability and price for your chosen dates and ports of embarkation/disembarkation, we will send you out the contract.

This will be either the standard MYBA Agreement with or without amendments or EMT Contract with or without amendments.

The MYBA (Mediterranean Yacht Broker Association) is a global trade association, founded in 1984 by a group of prominent yacht brokers with the aim of promoting the highest standards of professionalism and ethics in the yachting industry both throughout and the Mediterranean and worldwide and standardising the method of charter agreements.

In the MBYA terms contract; the charter rate includes the hire of the yacht with all its equipment in working order, tools, stores, cleaning materials, the crew’s wages, the crew’s subsistence, the insurance of the yacht for marine risk and third party claims and the crew for employer’s liability. All other operating expenses are payable by the charterer such as fuel for engines and generators, fuel for tenders and motorised water toys, harbour fees & taxes, custom clearances, all food & drinks, pilotage fees, communication costs and others.

Some yachts (mostly motorsailers and gulets) are contracted under the EMT (Eastern Mediterranean Terms) sometimes known as Gulet Terms. Within EMT the charter rate includes; fuel for up to 3-4 hours cruising per day, fuel for generators (usually limited to A/C usage hours per day), public harbour fees & taxes.

We will provide full details of any charter terms that vary from standard MYBA terms or EMT when presenting the relevant yachts