Charter & finance
What is the MYBA charter agreement?
The MYBA charter agreement is the standard contract used for most crewed superyacht charters, published by MYBA (The Worldwide Yachting Association).
It sets out the charter fee, dates, embarkation and disembarkation ports, cruising area, cancellation terms and how the APA works. Brokers on both sides use it so that owners and charterers deal with familiar, balanced terms.
Under MYBA terms, expenses paid from the APA are charged at cost. The captain is responsible for keeping receipts and accounting for the APA at the end of the charter.
Related terms
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