Charter management.
What it means to put your yacht on the charter market. Who does what, who pays whom, and what you control.
The central agent
One firm — the central agent — manages your charter calendar exclusively. They market the yacht to the MYBA broker network, vet enquiries, negotiate contracts, run the season, and produce monthly reports. Their fee is typically 3–5% of charter income, paid out of the broker commission, not on top.
The MYBA broker network
Two thousand-plus brokers globally subscribe to the MYBA charter database where your yacht is listed. When one books your boat for their client, they take their 15% commission and remit the rest. The central agent reconciles.
What you control
- Weeks blocked for owner use (typically 6–10/year)
- Off-limits regions (some owners exclude St Tropez or the Hamptons for privacy)
- Approval of charter parties (most owners delegate after the first season; some always approve)
- Rate strategy (peak premium, shoulder pricing, last-minute discounting)
- Crew (the captain and chief stew, in particular)
What you don't
Day-to-day — the captain and the central agent run it. APA reconciliation, fuel buys, port reservations, food prep, music licensing for events — none of it touches you. You see a monthly report.