What are the cancellation policies for yacht charters in these countries?

What Are the Cancellation Policies for Yacht Charters in These Countries?

Introduction: Comprehending Cancellations in Yacht Charter

A yacht hire requires careful planning, and the cancellation policy is among the most crucial factors. If you have to cancel your vacation, this policy may have a big influence on your finances and travel arrangements.

Introduction: Comprehending Cancellations in Yacht Charter

A yacht hire requires careful planning, and the cancellation policy is among the most crucial factors. If you have to cancel your vacation, this policy may have a big influence on your finances and travel arrangements. This post will discuss the cancellation policies that are common for yacht charters in well-known locations like Greece and Croatia, as well as why it is so important to comprehend these policies while organising your trip.

Cancellation Policies For Yacht Charter 2

Cancellation Policies For Yacht Charter 2

General Yacht Charter Cancellation Procedures

Customary Termination Conditions

Yacht charter cancellation policies can vary greatly, but usually include terms that indicate when the charter can be terminated, associated costs, and deadlines for contacting the charter firm. Generally speaking, the penalty increases with the proximity of the cancellation to the departure date.

Refundable Deposits Only

When making a reservation for a yacht charter, most companies demand a deposit that is frequently non-refundable. This payment, which is typically a sizeable portion of the entire charter charge, guarantees your spot.

Declining Penalties

Many businesses charge cancellation fees on a sliding scale, with the amount increasing closer to the charter date. For instance, there can be a 25% penalty for cancellations made six months in advance and a 75% penalty for cancellations made just one month in advance.

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Cancellation Policies For Yacht Charter 3

Particular Cancellation Procedures in Greece and Croatia

Croatia’s Refund Policy for Yacht Charters

Generally, cancellations with Croatian boat charter businesses demand written notice. If cancellations are made within a certain amount of time before to departure, the deposit will be forfeited, according to the normal policy. A charter contract, like the one provided by Europe Yachts Charter’s Contract, will usually contain all of the terms and conditions in full.

Greece’s Policy Regarding Cancellations of Charters

In Greece, cancellation regulations could also entail forfeiting the deposit, plus extra fees determined by how close the cancellation is to the charter. Greek charter corporations frequently use resources like the MYBA Charter Agreement , which provides more in-depth explanations of particular clauses.

Why It’s Important to Understand Cancellation Policies

Financial Consequences

It’s critical to comprehend your yacht charter’s cancellation policy in order to prevent unforeseen financial hardships. You may make better plans and determine whether to get supplemental travel insurance by being aware of the specifics.

The Reasons to Get Travel Insurance

Purchasing travel insurance can be a smart move, especially if it protects against financial loss from cancelled trips. The non-refunded expenses specified by the yacht charter’s cancellation policy may be mitigated by this insurance.

The fundamentals of yacht charter cancellation policies and their significance for travel planning have been covered in this section.

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Cancellation Policies For Yacht Charter 4

In Croatia, Why Rent a Yacht?

Discovering the breathtaking coastline and islands of the Adriatic Sea is made possible with a Croatian yacht charter. This section explains the reasons Croatia is a top choice for yacht charters as well as the requirements to hire a vessel in this stunning nation.

A Special Experience at Sea

Various Places

There are more than 1,000 islands along Croatia’s coastline, and each one has its own distinct topography, historical landmarks, and lively native cultures. Yacht charters can customise their trip to include vibrant old towns, remote beaches, and exquisite natural settings. Destinations include the historic city of Dubrovnik and the tranquil beauty of the Kornati Islands.

Perfect Conditions for Sailing

The Croatian coast is well-known for having beautiful, blue waters and windy conditions, which makes it an ideal location for sailors. Summertime brings consistent weather that makes sailing fun for both novices and experts alike.

CGourmet and Cultural Treats

Beyond sailing, Croatia’s rich history and superb food offer a rewarding experience. In addition to touring historical locations that narrate the tales of past civilizations and maritime heritage, charter guests can sample regional cuisines that meld Mediterranean flavours with Eastern European customs.

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Cancellation Policies For Yacht Charter 5

Requirements to Charter a Yacht in Croatia

Required Certifications

A boating licence that is currently valid and accepted by the Croatian Ministry of the Sea is required in order to charter a yacht in Croatia. To maintain safety and communication while on the sea, a VHF (Very High Frequency) radio certification is also necessary.

Acknowledgable Licences

Croatia accepts international credentials such as the International Certificate of Competence (ICC) and boating licences from many other nations. In order to stay out of trouble legally when sailing, it is crucial for charterers to confirm that Croatia accepts their licence.

How Much It Costs to Charter a Boat in Croatia

An Overview of Charter Fees

Depending on the type of boat, the length of the charter, and the time of year, there can be significant differences in the cost of renting a yacht in Croatia. Generally speaking, prices range from:

From Budget to Luxurious Choices

  • Economy Models: The weekly cost of a smaller or older sailing vessel can range from €2,000 to €4,000.
  • Mid-Range Yachts:  Newer boats with more features usually cost between €5,000 and €10,000 a week.
  • Luxury Yachts: Weekly rates for opulent, fully staffed vessels with opulent amenities can range from €10,000 to €50,000.

Extra Expenses

It’s crucial to account for extra expenses like fuel, mooring fees, and provisions. In the yacht charter sector, it is customary to control these costs using an Advance Provisioning Allowance (APA) to cover operating expenses.

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Cancellation Policies For Yacht Charter 6

Understanding Croatian and Greek Yacht Charter Cancellation Policies

It is essential to comprehend the cancellation policies when organising a yacht hire in order to control risks and prevent unforeseen expenses. This section provides information on how to handle any changes to your travel plans and explains the cancellation policies for boat charters in Greece and Croatia.

Examining Cancellation Policies in-depth

Customised Cancellation Processes

While each charter company has its own cancellation policy, most of them impose costs based on how close the cancellation is to the original booking date. When you sign your charter contract, it’s crucial that you thoroughly read over these policies.

Schedule and Charges
  • More than 90 days before charter: Usually, you’ll either lose some of your money or pay a little cancellation fee.
  • 60-90 days before charter: Fees rise 60–90 days before to the charter; they frequently reach 50% of the total cost.
  • Less than 60 days before charter: Depending on the conditions specified in the contract, you can be responsible for the entire charter fee.


Certain contracts, such as the MYBA Charter Agreement, which is widely used in Greece, contain provisions that permit cancellation under particular circumstances, such extreme weather or unanticipated political developments. These terms may offer a credit towards a future charter or a refund.

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Cancellation Policies For Yacht Charter 7

The Reasons Complete Travel Insurance Is Essential

It is strongly advised to purchase comprehensive travel insurance due to the possibility of significant cancellation costs. Under a number of scenarios, such as health problems, family emergencies, or other unanticipated occurrences that prohibit you from go through with the charter, this insurance can reimburse cancellation expenses.

Selecting the Appropriate Insurance Scheme

  • Coverage Scope: Verify if the insurance pays for the entire cost of the charter as well as any additional non-refundable travel costs.
  • Claim Process:  Recognise the claim procedure so that, in the event that a cancellation is necessary, you can handle it effectively.

Useful Advice for Managing Cancellations

Talk Earlier

Inform your charter operator as soon as possible if you think you may need to cancel your reservation. Early notification may help reduce cancellation fees and enable the business to provide more favourable terms, such rescheduling as an alternative to a complete cancellation.

Proof and Verification

Refunds should always be confirmed in writing, and all correspondence and booking-related transactions should be meticulously documented. If you ever need to dispute a charge or make an insurance claim, you will need this proof.

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Cancellation Policies For Yacht Charter 8

Examine and Agree on Terms

Don’t be afraid to bargain for reasonable and workable terms when making your charter reservation. The cancellation policy terms can frequently be changed to be less harsh or more flexible by working with brokers or agents.

In summary, getting ready for the unexpected

Comprehending and getting ready for the cancellation policies of boat charters in Greece and Croatia will shield you from unforeseen expenses and improve your trip arrangements in general. Yacht charter cancellations can be complicated, but you can handle them with confidence if you read contracts carefully, buy travel insurance, and keep lines of communication open with your charter provider.

About the Author: Europe Yachts Charter

Local charter expert and official representative in the Mediterranean. With more than 20 years of experience, we offer customized offers and a unique charter experience.