What expenses are normally paid from the APA?

Short answer

Depending on the charter contract, APA commonly covers expenses such as fuel, food and beverages, port and marina charges, communications and other agreed costs incurred during the charter.

Answer

The APA is generally used to pay the variable expenses associated with operating the charter.

These can include:

Fuel for the main engines, generators and tenders. –

Food and beverages purchased for the guests. –

Marina, berth and port charges. –

Certain communications or satellite services. –

Local services or consumables requested during the charter. –

Other authorised operating expenses specified by the charter contract.

The precise treatment varies according to the yacht and the applicable charter agreement.

Some costs may be excluded or treated separately, so the contract should always be used as the definitive reference.

The charter starts, it is worth being very clear about your expectations for food, wine, spirits, restaurants, marina stays crew or captain will normally keep records of expenditure and provide an accounting.

Broker insight

Before a charter starts, it is worth being very clear about your expectations for food, wine, spirits, restaurants, marina stays and cruising. These decisions can materially affect the final APA expenditure.