Motor Yacht Project Steel

Advance Provisioning Allowance (A.P.A) in amount of the charter fee (before discount) is to be paid by the charterer in addition to the charter fee which includes all fuel and relevant costs for the yacht and its tenders, as well as all harbor expenses, customs, gratuity and other additional costs for the yacht, crew, client and guests during the entire charter period.

A.P.A. is obligatory for all luxury yachts and it is usually ranged for 30% of the charter price. The Client will be advised by the captain, at intervals, as to the disbursement of the A.P.A and will, if the balance remaining becomes insufficient, in light of current expenditure, pay to the captain, a sufficient sum to maintain an adequate credit balance. Prior to disembarkation at the end of the charter period, the captain shall present to the Client a detailed account of expenditures with as many supporting receipts as possible, and the Client will pay to the captain the balance of the expenses or the captain will repay to the Client any balance overpaid, as the case may be.

Payment for special requirements or equipment and/or shore transport and/or excursions and/or all other expenses not customarily considered part of the Yacht's costs may be required to be paid to the captain on board in addition to the charter fee and/or A.P.A.