What does APA cover on a yacht charter?

Answer

APA commonly covers operational expenses incurred during the charter, such as fuel, food and beverages, marina and port costs and other agreed charter-related expenses.

The precise items depend on the charter agreement and destination.

Some costs may be included in the charter rate instead, while others may require separate payment.

Analysis

APA should not be treated as a universal percentage that covers exactly the same things on every charter.

The contract and broker’s quotation should be used to establish which expenses are included, which are charged against APA and which are separate.

Broker’s advice

We explain APA before the charter so there are no surprises. If you have a particular itinerary or unusually high fuel, marina or provisioning requirements, those should be factored into the estimate.