Costs to Charter

Yacht chartering can be confusing when it comes to nailing down just EXACTLY how much it will cost! We’ll try to make it as SIMPLE as possible.

When chartering a yacht, there are three costs involved.

1. The cost to “rent” the yacht itself and its crew
2. The provisioning costs – these include all costs incurred during the charter such as food, drinks, water, electricity, fuel, dockage etc.
3. A gratuity for the crew

The first cost is fixed and you’ll know exactly what that will be.

The provisioning costs can vary, they are generally estimated at 30-40% of the rental costs. Normally, an “advanced provisioning allowance” is collected prior to the charter. This is normally that same 30-40% of the rental costs. During the charter, the crew tracks all the costs incurred and you’re given a detailed accounting shortly after you get home. These costs are applied to the advanced provisioning allowance and you’re responsible for any overages and you will receive a refund if you didn’t spend it all.

The gratuity is discretionary, but industry standard is 15-20% of the rental costs.