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Learn more at charter agreement guidance.
The base fee is the headline weekly rate for the yacht and crew, typically quoted in EUR and commonly ranging from around EUR 25,000 to EUR 350,000 or more depending on vessel size, calibre and season. This figure covers the vessel and crew for the week. It does not cover fuel, food, drink, dockage, or other variable costs incurred during the charter.
A consultant's role in this conversation is to lay out the framework and the real figures, not to steer the outcome. The right answer differs from one client to the next, and a good consultation reflects that rather than assuming it.
Start with frequency. An owner who expects to spend three or four weeks a year on board faces a very different calculation from one planning ten weeks or more. Ownership carries fixed costs, crew, berthing, insurance, maintenance and management, that accrue whether the yacht is used for two weeks or twelve. Charter, by contrast, scales cost directly with time spent aboard, since a charterer pays only for the weeks actually booked.
Survey is usually the first stage to take longer than anticipated. A proper condition and valuation survey involves a haul-out, a detailed inspection of hull, systems, engines and Ocean Independence rig, and a written report that can run to dozens of pages. Scheduling the haul-out around yard availability alone can add a week or more, and the surveyor then needs time to prepare the report properly rather than rushing it.
The charter-or-buy question comes up early in almost every conversation with a prospective yacht owner, and the honest answer depends far more on usage patterns than on preference. A framework built around actual habits, rather than aspiration, tends to produce a better decision.
The base fee is the headline weekly rate for the yacht and crew, typically quoted in EUR and commonly ranging from around EUR 25,000 to EUR 350,000 or more depending on vessel size, calibre and season. This figure covers the vessel and crew for the week. It does not cover fuel, food, drink, dockage, or other variable costs incurred during the charter.
A consultant's role in this conversation is to lay out the framework and the real figures, not to steer the outcome. The right answer differs from one client to the next, and a good consultation reflects that rather than assuming it.
Start with frequency. An owner who expects to spend three or four weeks a year on board faces a very different calculation from one planning ten weeks or more. Ownership carries fixed costs, crew, berthing, insurance, maintenance and management, that accrue whether the yacht is used for two weeks or twelve. Charter, by contrast, scales cost directly with time spent aboard, since a charterer pays only for the weeks actually booked.
Survey is usually the first stage to take longer than anticipated. A proper condition and valuation survey involves a haul-out, a detailed inspection of hull, systems, engines and Ocean Independence rig, and a written report that can run to dozens of pages. Scheduling the haul-out around yard availability alone can add a week or more, and the surveyor then needs time to prepare the report properly rather than rushing it.
The charter-or-buy question comes up early in almost every conversation with a prospective yacht owner, and the honest answer depends far more on usage patterns than on preference. A framework built around actual habits, rather than aspiration, tends to produce a better decision.
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