What is the meaning of APA in yacht charter
- seabirdcharter
- Jul 27, 2023
- 2 min read
What is the meaning of APA in yacht charter - If you are a corporate individual looking for a luxurious yacht charter, it is imperative to understand the concept of Advance Provisioning Allowance (APA). At Seabird Yachts, we take pride in providing our clients with a seamless and hassle-free experience aboard our luxury yachts. In this comprehensive guide, we will walk you through everything you need to know about the APA for luxury yacht charters
Understanding Advance Provisioning Allowance (APA)
An APA is a separate fund that covers the expenses incurred during your luxury yacht charter. These expenses may include fuel, food, beverages, dockage, and other miscellaneous costs. Typically, the APA is calculated as a percentage of the base charter fee and is collected before the start of the charter.
The Working of APA for Luxury Yacht Charters
Seabird Yachts collects the APA before the luxury yacht charter commences and holds it in a separate account. As expenses are incurred during the charter, they are paid out of the APA. The captain of the yacht keeps a detailed record of all expenses and provides a periodic accounting to the charterer. If the APA balance runs low during the charter, the charterer is requested to add funds to the account to cover any remaining expenses.
APA Budgeting for Luxury Yacht Charters
The APA for luxury yacht charters is dependent on factors such as the size of the yacht, duration of the charter, and the itinerary. Typically, the APA is set at 30% of the base charter fee, but it can vary. At Seabird Yachts, we provide our clients with an estimate of the APA prior to the commencement of the luxury yacht charter, allowing you to budget accordingly.
Unused APA Funds
If there are any funds remaining in the APA at the end of the luxury yacht charter, they are returned to the charterer.
The Importance of APA for Luxury Yacht Charters
The APA is crucial for luxury yacht charters as it ensures that all expenses are covered during the charter, allowing you to relax and enjoy your luxury yacht experience without worrying about unexpected expenses. Moreover, the APA enables the captain to pay for any expenses that arise during the charter, ensuring that it runs smoothly.
CONCLUSION What is the meaning of APA in yacht charter
The Advance Provisioning Allowance (APA) is an essential component of luxury yacht charters in the UAE. It provides you with a worry-free experience during your luxury yacht charter, and Seabird Yachts is committed to ensuring that you have the best experience possible.
If you have any questions about the APA or any other aspect of your luxury yacht charter, please do not hesitate to contact us. Book your luxury yacht charter with Seabird Yachts today.