what is the minimum length of charter and how are the rates calculated?
What is the minimum length of charter and how are the rates calculated?
Charter rates are quoted per week for the hire of the yacht. Seven days is generally the minimum charter period accepted by yachts, but charters can be for any duration under or over seven days. Charters over seven days are calculated pro-rata against the weekly rate divided by seven and multiplied by the number of charter days. During low season periods and for a number of smaller yachts charters of less than seven days may be considered in which case the weekly rate is divided by six and multiplied by the number of days.
Charters commence from noon onwards on the first day and terminate by noon on the last day. For example, a charter contracted to commence at noon on 1st June and terminate at noon on 8th June constitutes a one week charter. A day charter would normally start in the morning and end either late afternoon or early evening.
High season rates apply to the most popular charter periods, i.e. July/August and Christmas/New Year, and are also normally applicable to all major events such as the Monaco Grand Prix and the Cannes Film Festival. Low season rates apply to all other periods unless otherwise stipulated.
Please note that charter rates quoted are believed to be correct but may be subject to change.
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