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How much does it cost to charter a yacht?

There are many things to consider and first time charterers can be left confused, that's why we've created a comprehensive guide to yacht charter prices (with a checklist).

charter cost explained banner

The good news: It’s easy to grasp the basics of yacht charter pricing. And with one of our experts in your corner, we can help you more accurately estimate the cost of your next once-in-a-lifetime vacation.

The cost of a yacht charter is dependent on a number of factors, including the type of yacht, the charter destination, local taxes, and the base cost. (If the yacht has a celebrity owner, well that too, can add to the cost.)

Therefore, yacht charters have a wide range of base prices. That’s why charters can cost from $10,000 per week on smaller sailing yachts and catamarans, up to $150,000+ per week on the most luxurious motor superyachts.

What else can you expect to pay? This overview – a part of our planning resource, the Charter Advice Guide – offers an in-depth look at charter yacht costs.

Yacht Charter Price Structure: “All-Inclusive” vs “Plus Expenses”

In the world of yachting, two types of crewed yacht charters are available to you – “All-Inclusive” and “Plus Expenses” charter experiences. What do these terms mean exactly? Here’s a quick look:

  • All-Inclusive Yacht Charters – Some charters (mainly catamaran and monohull charters in the Virgin Islands) offer all-inclusive rates. That means rates are based on the number of guests, and they include all food and drink, water sports, and fuel costs. Dockage and taxes, though, are usually charged separately.
  • Plus Expenses Charters – Rates for larger motor yachts do not include running expenses, which must be paid separately. For these luxury charters, the base price is for the yacht only. Additional expenses, i.e. food, bar, fuel, dockage, port taxes, and other expenses, are charged separately. Most frequently, the running expenses are paid by an Advance Provisioning Allowance, or APA, which is typically 35% of the base price; this is an amount that’s paid prior to the charter.

Our chart below offers a quick overview of what’s included in both of these types of charters.

charter cost comparison chart

Average Yacht Charter Cost: Base Prices

What can you expect to pay for a catamaran, a sailing vessel, or motored yacht? Here’s a quick overview of the average cost to rent a yacht (not including extra expenses) for the most common types available:

Factors that Affect Yacht Charter Prices

Since charter yachts are privately owned, prices are set by the owner. This can explain, in part, the wide range of differences in price between boats of similar lengths. Yet, several other factors can significantly impact price, including:

  • The Yacht – The year the boat was built, the builder, previous owners, and the boat’s selection of water toys can also increase the cost of a yacht. Boats can also develop a reputation, i.e. the largest or most luxurious, or having a famous builder or previous owner. Reputation can also affect pricing.
  • Season – Prices typically increase in the high season – i.e. high summer in the Mediterranean or winter in the Caribbean – and decrease in low seasons.
  • Destination – Your charter destination also plays a role in charter cost. For example, prices increase in areas without large charter fleets (i.e. the Galapagos), whereas Bahamas yacht charters,   BVI charters , or Mediterranean yacht charter are priced more competitively.

Additional Costs Considerations on Yacht Charter

In addition to the cost associated with running the yacht and provisioning, there are a number of other costs that must be considered. These are the most significant:

Advanced Provisioning Allowance

The APA on Plus Expenses charters equals roughly 35% of the yacht’s base price. This is a fee that’s collected prior to charter, and it’s similar to an expense account the captain can access during the charter. At the end of the charter, you will receive a detailed accounting of your APA account, plus any unused APA funds in cash.

In the case of overages, you may be required to replenish the APA account during the charter. This can be done with cash, although many choose to set up accounts with their charter brokers , which can be accessed if requested by the captain.

Taxes and Value Added Tax (VAT)

Most boats – whether all-inclusive or Plus Expenses – will not include local taxes or a Value Added Tax into their charter rate. The charterer will be responsible for paying those taxes. Taxes range significantly by destination; here’s a look at some of yachting’s most popular destinations:

  • The Bahamas – Tax: 4% plus 10% VAT
  • BVI – Tax: between $6 and $16 per person per day, depending on the flag of the boat
  • Croatia – VAT: 13%
  • Florida – Tax: 6% for Broward County, 7% for Miami-Dade County
  • France – VAT: 20%, however, 10% can be applied when an itinerary includes International Waters
  • Greece – VAT: 12%
  • Italy – VAT: 22%, however 6.6% (over 24m) and 8.8% (under 24m) can be applied when an itinerary includes International Waters
  • Montenegro – NO VAT
  • New England – NO TAX
  • Spain – VAT: 21%
  • Turkey – NO VAT

Charterers can purchase cancellation and curtailment insurance – which is similar to traveler’s insurance. This insurance can help cover costs if a charterer must cancel or shorten the charter. Charter brokers can help you weigh insurance options, and often offer several different options.

Crew Gratuity

While crew gratuity is certainly not mandatory, it is recommended, particularly if you were truly impressed with your charter experience. In general, crew gratuity is roughly 15-20% of the base charter rate, which is handed to the captain at the conclusion of your charter.

Delivery Fees

While these fees do not apply on most charters, you may be asked to pay delivery costs if you are not chartering in the yacht’s normal cruising ground. In most cases, you will only be required to cover the fuel for the trip.

Call Worldwide Boat today to learn more. Our Charter Specialists are here to assist you with every detail and explain all charter costs. Or read our Charter Advice guide for more information and tips for planning your charter vacation.

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Additional Charter Cost FAQs

What are standard private charter yacht prices?

There are a number of factors that affect charter yacht pricing. However, on average, a week-long private yacht charter costs anywhere from $10,000 on luxurious sailing yachts and catamarans, and up to $150,000 for superyachts.

What affects charter yacht prices?

There are several things that influence how much your yacht charter will cost. The type of vessel, charter destination, length of trip, base cost, time of year, and local taxes all make a difference.

How much does it cost for a crewed vessel?

Charter yacht prices do increase when hiring a crew along with the boat. At Worldwide Boat, we offer two types of crewed charter experiences: all-inclusive and plus expenses. An all-inclusive charter yacht includes accommodation for all guests, food and drink, water sport activities, and fuel costs – dockage fees and taxes are charged separately. A plus expenses experience accounts for just the yacht’s base price. Things like food, drinks, fuel, dockages, taxes, and other expenses are charged separately and are usually estimated to be about 35% of the base price.

What’s included in all-inclusive boat charters?

At Worldwide Boat, your all-inclusive charter experience includes a diligent and friendly crew, water toys, food, drinks, fuel, water and electric services, and occasionally diving experiences.

What are some additional charter boat costs to consider?

After finding a base price you’re comfortable with and evaluating your package, you’ll also want to consider delivery fees, crew gratuity, insurance fees, taxes, and Advanced Provisioning Allowance rates. If you are responsible for these fees, your crew will handle the necessary transactions on your behalf.

What does it cost to rent a 100- foot yacht charter?

This depends on what type of vessel you’re looking at and how long you’ll need it for. The average weekly cost of a 100-foot sailing yacht is between $50,000-100,000. A weekly 80-foot catamaran charter runs around $40,000-100,000, and a week-long 100-foot motor yacht rental is anywhere between $50,000-80,000.

Does the price to rent a yacht change depending on what type of boat it is?

Yes. Worldwide Boat offers sailing yachts, catamarans, and motor yachts. All of these vessels have different capabilities, but there are other factors that determine the price beyond what type of boat you choose. The year the boat was built, owner, availability of water toys, onboard amenities, and the ship’s reputation can all change how much the ship is priced at.

When is the high season for yacht charters?

The price of a yacht fluctuates depending on the season. A Mediterranean yacht charter cost rises in the summer and drops in the winter, whereas Caribbean boat charter prices are high during the winter and lower in the summer months.

How does my destination affect charter yacht cost?

The more remote an area is, the more expensive it will be to charter a yacht there. That’s because prices go up in areas that have fewer boats. If you were to travel somewhere like the Galapagos, which isn’t a typical yacht destination, you’d pay more than you would if you were traveling to the Caribbean.

How much do I tip the crew when reviewing my yacht charter expenses?

It’s not required that you tip your crew, but it is recommended and appreciated. If you had an enjoyable experience it’s considered polite to tip your crew anywhere from 15-20% at the end of your charter.

Go to Charter Advice

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Windward Yachts

Yacht Charter: How Much Does it Cost? All Rental Costs Explained

Mooring a yacht

How much it costs to rent a yacht isn’t always a very clear cut answer. There are numerous ways to charter a yacht and different factors can significantly increase or lower the cost of a yacht rental.

Here are the main costs to consider to estimate the total yacht rental price of your next yacht charter.

Yacht Rental Costs in a Nutshell

To calculate the price of a yacht charter, you need to sum the base fee of the yacht charter (the price you see displayed on websites), taxes (varies depending on destination), APA , crew gratuity and insurance cost . 

Depending on the details of your yacht charter, you will need to add between 30% and 100% on top of the base fee to have the total cost of your rental.

Here is an idea of the ranges you can expect for the yacht charter base fees :

  • Motor Yachts – Sailing Yachts under 50ft: €4 000 – €15 000 / week
  • Motor Yacht – Sailing Yachts between 50ft and 65ft: €15 000 – €40 000 / week
  • Motor Yachts – Sailing Yachts between 65ft and 80ft: €40 000 – €70 000 / week
  • Motor Yachts – Sailing Yachts between 80ft and 100ft: €70 000 – €100 000 / week
  • Motor Yachts – Sailing Yachts over 100ft: €100 000 – up to 1,000,000 / week

To know the estimation of your total yacht rental cost based on your situation, use our free calculator below , or read the next paragraphs to make the calculations on your own.

What is the (true) cost of chartering the yacht you've seen? 💰⛵

The advertised prices of all charter companies do not include APA, VAT & other variable costs. 

Use our calculator to get a 100% FREE estimate of the REAL total cost of your next yacht charter! ⬇

How is the total price of a yacht rental calculated?

There are two main categories of yacht charters: all-inclusive or separated charges. 

The all-inclusive yacht rentals option (rare)

The all-inclusive option isn’t very common in yacht charters, and tends to be for smaller yachts and cruise where it’s easier to package a standardized offer.

As the name implies, all-inclusive yacht charter offers a price that includes everything: fuel, food, beverages, and entertainment (diving and fishing equipment).

The “usual” option: base charter rates and separated variable charges to add on top

In most yachting websites, the price of a yacht charter only refers to the  base price  of a boat at its lowest possible charter time.

It doesn’t include many variable costs such as food and beverage, fuel, taxes, insurance and so on.

To understand the total cost of chartering a yacht when it’s not all-inclusive (which is almost always the case), it’s therefore important to split the costs that are included in the base rate of the yacht (the price you’ll see displayed on a website) from the costs that are not included in that base rate , that you will therefore need to add yourself if you want a precise estimation.

Don’t worry, the math isn’t rocket science.

The formula goes like this:

Total yacht charter price = Base charter fee + APA + Taxes + Insurance

We’ll detail each costs in the following paragraphs.

how much does yacht rental cost

The base charter fee of a yacht rental: Costs and factors included in the calculation

The base charter fee of the yacht rental is essential in calculating the total cost of your charter. Most variable costs are calculated as a percentage of that base fee and are simply summed up together along with the base fee to get the total cost.

Here is what you should know about the base charter fee.

The base charter fee follows a simple rule: the longer the yacht, the higher the charter cost

The boat’s size affects the base charter fee considerably. It determines the number of cabins and guest capacity , the number of staff on board, along with a lot of amenities that tend to get more spacious and more luxurious the longer the yacht gets. 

Everything that comes with the yacht (including the staff!) is included in the base charter fee.

The more reputable and in-demand the yacht is, the higher the base fee gets

A yacht reputation and popularity can also affect the base fee, even for boats within the same size range.

Boats are by definition limited in stock and follow supply and demand laws . When a particular yacht is in high demand, whether it’s thanks to its reputation, its features, the season or its recent appearance in a movie, series or TV shows the price of the charter can shoot up.

For instance, chartering a yacht featured in a James Bond movie such as  luxury yacht Regina  won’t cost the same as a regular model. Likewise for most yachts that are a part of the popular Below Deck TV show .

It can also be true for some classic yachts that had famous builders or previous celebrity owners.

The season does influence the yacht rental prices at the base fee level

Your yacht charter base fee depends to some extent on your date of departure. 

If you take your vacation during the busiest weeks of the year (high season) of a destination, you’ll pay a higher base price than someone who charters a yacht on low season dates.

In the Mediterranean, the high season is in summer while it’s in winter for the Caribbean. The yacht charter base fees will be at their highest during these months. 

Sometimes just a week or two can make a big difference to the price. Chartering a yacht in shoulder seasons can be a good idea when you are looking for good deals.

Likewise, since some destinations have very short seasons , it has increased demands and makes it more expensive.

International events will also increase the cost of a yacht charter. Expect to pay more if you want to attend the Monte-Carlo Masters (April), the Cannes Film Festival (May), or the Monaco Grand Prix (May) during your yachting vacations in the Mediterranean.

The destination you pick can affect the base charter fee of your yacht rental

Your vacation destination is an essential factor in the yacht charter charge that is included in the base fee. 

As the supply and demand law dictates, the more competition there is, the less you have to spend. It is why locations with large charter fleets are less expensive.

The Bahamas, BVI and the Mediterranean are for example more affordable than remote islands without established yachting industries.

yacht destination

The water toys are usually included in your base yacht charter fee and influence its amount

On a yacht, water toys don’t refer to your average backyard inflatable unicorns. Think instead of big equipment for marine activities: jet skis, kite-surf, kayaks, paddleboards, submarines, and expensive high-powered yacht tenders.

Some vessels come with sea pools or a giant slide to glide from the top of the boat straight into the ocean.

Most of these items, especially when they are in high numbers, can come at a cost that will be on the bottom line of your yacht charter invoice.

All the water toys specified in the yacht brochure when you make the reservation are generally included in the base fee . But it’s up to you if you want to rent others or even buy them. Make sure you ask your broker for advice about the cost of these extra if your budget is limited.

Yacht water toys

The base fee of your yacht charter is fixed and proportional to its duration

Most yacht charter companies only work ‘per week,’ and yacht owners rarely accept a shorter duration. Many companies have minimum stays of ten days, however some boats accept day charter or short periods, you can always ask your broker for an appropriate selection.

You can rent a vessel for two weeks or more, but the price won’t go down for longer holidays.

Yacht rental costs that are NOT included in yacht charter base fee

Now that we’ve seen what is usually included in the charter base fee, let’s find more about all these costs that you’ll have to add to the base fee to estimate your total yacht rental cost.

APA: the main variable cost of your yacht charter (add 20%-40% to your base fee)

The charter fee usually covers the cost of renting the yacht and the crew’s salary. But you still need to pay for fuel, provisions, and other extras for your trip. 

A fee covers all these additional costs : APA or Advanced Provisioning Allowance.  Find out more about the APA here.

APA is the standard system to pay your expenses on a luxury yacht charter, and it is generally a percentage of the charter fee. You’ll usually end up paying between 20% and 40% more than the base cost of the yacht charter in APA.

The amount varies a lot, depending on the ship and your activities. It will increase if the yacht has a higher fuel consumption, if you plan on cruising more than 4 hours a day, if you want to have onboard particular expensive brands, etc.

What does the APA cover?

APA covers all the day-to-day operating expenses. It also includes any special requests you might have while you’re on board. 

Here are the main costs of your yacht rental the APA covers: 

Food and drink

On your yacht charter, the chef can prepare all the dishes you want, whether you are vegan or low carb, whether you have allergies or require kosher meals. Make sure that you explain your food preferences to your broker.

Fuel Charges

Your fuel costs will depend on your boat, your itinerary, and whether you choose to cruise or stay at anchor. A sailing yacht charter can cost 10% less than a motor yacht charter because the fuel consumption is smaller.

This amount also includes the fuel expenditure of any water toys and tenders you use during your charter.

Harbor fees and dockage

The harbor fees and dockage will be more or less high-priced depending on your destination and season. All these costs will be included in your APA.

yacht Harbor

Communications Costs

For most people, yachting is about enjoying life outside of the daily routine. If you can’t survive without the Internet or satellite communications, you don’t have to worry. Your yacht charter will provide you all the digital connections needed. They won’t add much to the APA, but it’s still something that comes at a price.

Delivery fee

If you board or disembark the ship outside its usual harbor, you’ll have to pay a transportation fee to cover the fuel required to get your yacht to your requested destination.

Interiors and Laundry

The APA fee includes interiors and laundry costs to keep the yacht immaculate. But if you request unique decoration, it may add an extra charge.

Personal laundry services may not be covered depending on the yacht.

Taxes: a cost that varies a lot from country to country (add between 0% and 35% on top of base charter fee)

Taxes do have an impact on the total cost of your yacht charter, especially in some destinations.

For example, in Europe, chartering a commercial vessel is subject to VAT . But fees vary significantly according to your destination and itinerary. Some countries have a 0-tax rate (Montenegro, New England), while in others a passage in the international waters can lower the VAT rate.

The taxes can vary from VAT, national parks entrance (la Maddalena in Sardinia for example), countries taxes etc. the VAT and taxes will be based on the charter fee, so make sure you discuss this with your advisor to anticipate the cost.

Here are some VAT rate applied on luxury yacht charter in 2022 :

–  Charter in France  will be at 20 % VAT based on charter fee

–  Charter in Italy  will charge 22 % VAT based on charter fee

–  Charter in Spain  will charge 21 % VAT based on charter fee

–  Charter in Croatia  will charge 13 % VAT based on charter fee

–  Charter in Greece  will charge 24 % VAT based on charter fee with a discount of 60% on charter of more than 48h ending usually at 12% VAT, this is subject to change in 2022.

Moreover some countries such as Spain or Greece charge a licence for a yacht to be able to embark passengers for a paid charter in their waters, this explains why not every yacht can cruise in all countries.

Crew gratuity: a good practice to include in the cost of your yacht charter (add 15-20% to the base charter fee)

The crew on a yacht work even if you don’t notice it. 

Serving, cleaning, preparing, fixing, they are the key elements that make your charter a success. 

Even if tipping is not strictly mandatory, it is common practice to include a tip to the team when you are satisfied by their services. 

The suggested amount is around 15-20% of your base charter rate . It is therefore important to include this amount in your yacht rental price beforehand.

Yacht crew

Yacht charter cancellation insurance: a small cost that can save you a lot (add 15% of your base fee)

Cancelling or shortening a yacht charter can be very expensive if you don’t have cancellation insurance.

It is a small price to pay to ensure that all the money spent on your yacht charter will not go to waste if some unfortunate event leads you to miss your yacht rental.

As a charter company, we will help you select the best insurance options among several different offers.

In most cases, your cancellation insurance will cost around 15% of your charter base fee.

A typical yacht rental total cost isn’t as hard to determine as it seems when you know all the variable costs and your base fee.

Once you have your base charter fee in hands, add the following costs to estimate the final amount you’ll see on your yacht rental invoice:

  • 20% – 40% on top of your base fee for APA (low end for sailing vessels, higher end for motoryachts)
  • 0% – 30% of taxes and VAT on top of your base price. Highly dependant on your destination.
  • 10% – 15% on top of your base fee for crew gratuity
  • 15% on top of your base fee for cancellation insurance

Get in touch with our team to estimate more precisely the cost of your yacht charter project.

FAQ about cost of yacht charter and APA

Small motoryachts and sailing yachts under 50 ft (15m) can be chartered from 4,000€ to 15,000€ weekly.

Chartering motoryachts and sailing yachts between 50ft and 65ft costs between 15,000€ and 40,000€ weekly.

Between 65ft (20m) and 80ft (24m), you can expect motoryachts and sailing boats charters between 40,000€ and 70,000€ weekly. Between 80ft (24m) and 100ft (30m), the cost of chartering a yacht ranges between 70,000€ and 100,000€ weekly.

For yachts over 100ft (30m), the cost of charter ranges between 100,000€ and 1,000,000€ weekly.

APA stands for Advance Provisionning Allowance. You pay this fee in advance to cover food and drinks, fuel charges, harbors fees and dockage, communication, delivery fee various fees such as cleaning or interior design.

Advance Provisionning Allowance varies depending on your travel plans. Usually, it represents a surcharge of 20% to 40% on top of the yacht charter base price.

The APA is due one month before you set sail when dispensing your final charter payment. The captain directly receives the money and will supervise all the purchases made before and during your journey. He will be responsible for ensuring the crew stays within budget and will provide receipts upon request.

APA estimations are usually accurate. The captain will keep you updated during your trip. If you decide to go over the initial payment, you can top up the APA in cash or pay the balance during your trip.

With transparent communication, realistic budgets, and advanced provisioning, you may spend less than the APA and have the difference returned to you at the end of the cruise.

Get the base charter fee of your yacht rental, add taxes, APA, crew gratuity and cancellation insurance and you will have a very close estimation of your yacht rental cost everything included.

The base charter rate includes everything that is on a yacht: cabins, amenities, water toys along with the crew. Everything else (fuel, food, taxes…) come at an extra cost.

Crew gratuity is usually comprised between 15% and 20% on top of the base charter fee for most yacht rentals.

For sailboats in tax free areas, you can get away with a total cost of 30% on top of the base rate. In extreme cases (motoryachts in high taxed countries with big tips for the crew and cancelation insurance), you can more than double the base price. Most charters should be in between within the 40-80% on top of base fee range.

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  • Cars, Jets & Yachts

How Much Does it Actually Cost to Charter a Yacht?

From tips to APAs, we steer you through all the costs associated with private yacht charters.

By Emma Al-Mousawi

Deck on Yacht, Octopus

Not many things can match the glamour of yacht travel. The endless opportunities for exploration in the most luxurious of settings, as the wind blows through your hair, sounds even more alluring after a year spent indoors with feet firmly on solid ground. As we emerge from the grips of the pandemic, a private yacht charter could offer adventure seekers the perfect escape away from the crowds. And one of the most common questions amongst novice charterers is ‘how much does it actually cost to charter a yacht?’

Here at Elite Traveler, we are answering this question and more as we round up the key costs that anyone planning their first yacht charter needs to take into consideration.

[See also: The World’s Most Expensive Yachts for Charter]

What will my yacht charter rate include? 

Most importantly, there are generally two types of yacht charter: an all-inclusive charter and the more common ‘plus expenses’ charter. As suggested by the name, the cost of an all-inclusive yacht charter will include (almost) everything such as crew, food, drinks, fuel and water sports equipment (though always check as this does vary between charter companies). However, s ome all-inclusive charters won’t include dockage or mooring fees, which can soon add up – but more on that later. 

A ‘plus expenses’ or ‘separated charges’ charter is where a base price is charged for the ship and its crew, while everything else is paid for through an ‘Advance Provisioning Allowance’ (APA) before you step onboard. Prior to a voyage, guests will complete a preference sheet with their likes and dislikes, enabling the chef and service team to stock up on the guest’s favorite items. This tends to be the norm on superyacht charters as it allows for a much more tailored experience.

As well as covering food and beverages, an APA will also cover things like fuel and possibly dockage. It is usually charged at around 30% of the yacht’s base rate. According to luxury yacht brokers Northorp and Johnson , the average price paid by its customers for a week’s ‘plus expenses’ charter was around $152,000 in 2020, which would mean an APA of around $45,600 – not a small sum, so it’s definitely something to be aware of when selecting your vessel. 

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A third, less common charter is a ‘bareboat’ charter. This is a charter without a crew or provisions and only generally favored amongst experienced yachtsmen and women or those who can supply their own crew. 

[See also: How to Charter a Superyacht]

Hot tub and daybed on deck of superyacht

There are generally two types of charter: all-inclusive and ‘plus expenses’ / ©Burgess

Does size impact how much it will cost to charter a yacht?

The reputation of the crew, the age of the yacht and its design will all influence the price of your charter; however, the single biggest factor that will impact cost is likely to be the size: the bigger the yacht, the more you’re likely to pay. 

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For example, with leading yacht brokerage Burgess , a week’s charter in the Caribbean aboard the 163.3 ft Home starts at $245,000 . If you opt for the larger Laurentia , at 180.5 ft, the price starts at $450,000. Both yachts were built in 2017 by leading Dutch shipyard Heesen and have capacity for 12 guests, but there is over $200,000 difference in the price. Naturally, you can also expect a higher APA for a bigger ship. 

N ovice charterers might be surprised to learn that a larger yacht doesn’t automatically translate into a larger guest capacity. Most superyachts are capped at a 12 guest limit due to International Maritime Organization safety regulations.

Home Superyacht for charter

Home is available for charter from Burgess from $245,000 per week /©Burgess

Laurentia Yacht for charter with burgess

A week’s charter on board Laurentia starts at $450,000 / ©Burgess

Does the type of yacht impact the price?

The answer is yes, but to a lesser extent than size. There’s something for everyone when it comes to yachts: classic yachts (built between the 1920s and 1970s) allow you to experience old school glamour of a bygone era, whereas sportfishing yachts are nimble and offer a long-range to get you to the best fishing (or diving) spots.

Sailing yachts are a popular choice amongst boating enthusiasts, but by a long shot, the most popular charter yachts are motor yachts. These are typically what spring to mind when you picture a superyacht and (size-dependent) tend to be the most expensive type of yacht to charter, often being pricier to purchase, maintain and fuel. Explorer yachts are motor yachts designed to cope with the most extreme conditions – if you’re planning a luxury superyacht charter to Antarctica, for example, it’s likely to be aboard one of these.

Over the past decade, explorer yachts have skyrocketed in popularity amongst intrepid travelers looking for opulent adventure on the seven seas. A week onboard the world’s fastest explorer yacht, the 311.68 ft Bold , costs approximately $964,300. This also makes it one of the world’s most expensive yachts to charter, in line with what you’ll pay for chartering the crème de la crème of the more ‘conventional’ superyachts typically seen on the French Riviera, like the ultra-glamorous O’Pari . A week’s charter onboard the 312 ft O’Pari comes complete with custom artwork and DJ booth costs from $1.1m.

[See also: The Best Luxury Yacht Builders in the World]

bold yacht

Charter Bold from Burgess for approximately $964,300 per week / ©Guillaume Plisson

Is chartering during certain months more expensive than others?

The time of year will impact your charter price. In yachting, there are two main seasons – summer and winter – and chartering during these peak times will push up the cost. The summer season runs from May to October, with peak rates in July and August. The winter season runs from November to April, with peak rates over the Christmas holidays and into New Year. Location also dictates the price of a charter; for example, Caribbean charters are costlier from December to March whereas Mediterranean charters are at their priciest during the summer months. 

What about expenses, gratuities and other unexpected costs?

Not even a Mediterranean jellyfish has the power to sting an unassuming first-time sailor like end-of-trip expenses. 

As mentioned previously, with ‘plus expenses’ charters your APA is paid before you set sail. However, a detailed list of outgoings will be kept by the ship and if your expenses surpass the amount of your APA, you will be asked to cover the amount for the remaining charter. Saying this, it does work both ways – any unspent APA will be refunded to you. 

On both all-inclusive and ‘plus expenses’ charters, crew gratuities are not included in the yacht charter price. If you were happy with the service, the going rate is around 15 to 20% of the charter cost, so do keep this in mind. 

Depending on your charter agreement, docking fees, a charge you pay to keep your yacht in a marina or harbor overnight, may or may not be included in the cost. These can vary greatly depending on the location, time of year and the size of your yacht. Expect to pay the highest docking fees on the Mediterranean during high season with Capri and St Tropez commanding some of the steepest premiums.

Your itinerary can also affect the price, as traveling to places like Antarctica and the Arctic Circle require expensive permits. Certain destinations will also charge tax and VAT, so it is sensible to check with your broker if you’re keen on getting a cost breakdown before your trip. 

[See also: The Best Superyachts to Charter This Summer]

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How Much Does It Cost to Charter a Yacht? (Price Chart)

How Much Does It Cost To Charter A Yacht? (Price Chart)

Yachts are luxurious boats you can rent for the weekend for the required price. Typically, a yacht charter cost depends on its length and desired amenities. The advantage of this option is in absolute freedom, so rigid commercial cruise ship timings and crowd won’t restrict your enjoyment.

There are two possibilities with such a choice. You can enjoy privacy or pick out the yachts with the crew dedicated to your needs. In both cases, you will have an unforgettable sailing time but be prepared that such a pleasure will cost you a lot. Let’s see.

What Yacht Charter Is?

What Yacht Charter Is

Yacht charter is actually renting an owner’s yacht for an agreed period, typically a week. An average yacht charter can cost you about $12,500 per week in the high season, while prices are lower in the low season.

You can find a comfortable yacht for $10,000 per week in that period. You will have full access to all available amenities while sailing, like:

  • Swimming pool
  • Water toys, such as equipment for water skiing, wakeboarding , or snorkeling

You can charter a yacht anywhere worldwide. The only condition is to find the port and yacht type you want to rent. Most owners will provide an experienced captain and crew, and it is practically impossible renting a yacht longer than 50 feet (15 m) to sail on your own.

The yacht’s crew will care for all your needs during charters, including ferrying, providing meals, or washing laundry.

If you want to be a captain , you need to have the Yachtmaster Ocean license, but some countries require the equivalent license. In that case, you should find a smaller yacht or a possibly bigger one located in Croatia.

However, the first step is to determine the yacht type suitable for your needs that you want to rent.

Crewed Catamaran

Popular Catamaran is suitable for group sailing and offers enough space, comfort, luxury, and privacy. You can charter this boat type when looking for a family vacation at an affordable price.

You should take advantage of Catamarans convenience and discover beautiful bays while dining close to the water. Modern fittings and experienced crews will offer the feeling of being on a luxurious yacht, but with the freedom of a sailing yacht.

Crewed Sailing yacht

This yacht is a comfortable option to enjoy sailing surrounded by luxury. Sailing yachts excellently head upwind but are suitable only for experienced sailors.

Crewed Motor yacht

This option is for you when you know the exact location to visit and have a precise itinerary in advance. So, this boat will allow you to get there while spending relaxing time.

Crewed Superyacht

Superyacht offers the holiday like in a 5-star-hotel. The cabins are comfortable, often with hot tubs and an exercise room. Plus, you have internet access and luxury water toys at your disposal at any moment.

Such a charter vacation will cost you at least $15,500 per week for a 65.5 feet (20 m) long yacht. A maximum price can go to approximately $3,400,000 per week for 450 feet (135 m) long super luxury yacht.

Factors That Affect Yacht Charter Costs

Factors That Affect Yacht Charter Costs

Yachts are almost always privately owned, so yacht charter costs primarily depend on the owner’s demand. That is a reason for the wide price range in this field, but some general frameworks still exist and are related to several factors.

The yacht production year, design, brand, water toys, crew reputation, and the previous owner will significantly affect the yacht charter costs . Boats with a reputation as the most luxurious or largest and those whose former owners are celebrities will be more pricey.

For instance, the iconic charter yacht ‘Highlander’ has higher rates for so-called fame value since it hosted many celebrities, including Elizabeth Taylor and Prince Charles.

However, the yacht size will have the most significant impact on the renting price. Simply said, the bigger yachts will cost you more.

For instance, a week’s charter will cost you approximately $20,000 to $80,000 when you pick out a 65 to 80 feet (20 – 24.5 m) yacht. On the other hand, renting an 80 to 100 feet (24.5 – 30.5 m) long model is more expensive, and its price will be $80,000 and $120,000.

As you can expect, a weekly charter rate for over 100 feet (30.5 m) long superyacht is at least $100,000 and often more expensive. Renting a super-luxury mega yacht longer than 200 feet (61 m) goes from at least $300,000 to over $1,000,000.

In rare cases, you can find a charter fee discount offer. It is always time-limited, typically when a particular boat has a gap in the charter calendar due to an unexpected cancellation.

Destination

Destination

As you can expect, the charter destination plays a significant part in charter costs. For example, Mediterranean and Bahamas yacht charters prices are more competitive, while places without large charter fleets will be more costly.

Typically, all charters outside the USVI and BVI will be expensive since cruising permits and taxes for remote destinations are higher. Finally, sailing to Alaska can be pricey since renting is available only for half a year because of the harsh weather. You will probably need to make a reservation in advance.

Trip duration

Trip duration

In most cases, the yacht charter is for seven to ten days on average, but sometimes owners accept a shorter duration. In such rare cases, a minimum stay is five days.

The trip length directly affects the charter costs. If the primary price included two hours of sailing , you should count on a 50% higher rate when deciding to use the yacht for three hours.

Be aware that the yacht charter price won’t go down for longer holidays, so you won’t get a discount and pay less when renting the boat for a longer period. The price for a week is the same whether you rent a boat for a week, two weeks, or a month.

Season

Yacht charter prices vary depending on the season, like most other touristic services. Therefore, you can expect higher rental costs during the high season. However, you should be careful with dates since they are not the same for all destinations.

For instance, high seasons in the Caribbean are New Year’s Eve, Christmas, and all February. On the other hand, you should count on the highest prices in July and August when you plan to sail in the Mediterranean.

The yacht charter rates are often higher during famous festivals, carnivals, and shows. The most expensive destinations based on dates include:

  • Olympic destination
  • The Film Festival in Cannes
  • Grand Prix in Monaco
  • America’s Cup

If you only want to use a yacht during your vacation, you should plan sailing carefully. Sometimes, only a difference of one week can significantly affect the charter costs.

In other words, you can rent a boat the first low season week when the weather conditions are still the same as the previous high season week. However, it will cost you 15% to 30%, or approximately $6,000 to $30,000 less, depending on the yacht length.

The number of passengers

The number of passengers

The group size is a primary thing you should consider before renting a yacht since it will directly influence the yacht type you need.

For instance, a monohull boat is ideal for a small family, but a group of 8 to 10 will need at least a catamaran. Finally, you should pick out a large yacht when planning a big party for many people.

All-inclusive or plus expenses

1. all-inclusive.

It is a complete service you can get for your money. In this case, the rates include:

  • Accompanying crew
  • Meals and snacks
  • Open standard bar drinking
  • Onboard watersports equipment

Be aware that there are some limitations regarding excessive consumption as well as consuming champagnes, extraordinary brands, and vintage wines.

A standard crew gratuity of 15 to 20% of the charter rate is excluded from the all-inclusive charter. Finally, you will need to pay separately for the final cleaning, insurance , dockage, and necessary taxes.

All-inclusive is an excellent option for renting monohull charters, catamarans, and yachts under 80 feet (24.5 m).

2. Plus expenses

This service typically includes:

  • Yacht with the crew
  • Yacht insurance

In this case, you should pay for all operating expenses at cost, including:

  • Food and drink
  • Consumables
  • Communications
  • Dockage, cruising taxes, port fees, and port agent fees

Typically, the owner will charge these extra costs from an Advance Provisioning Allowance, increasing the yacht charter fee by 30 to 35%.

It is the most often option on motor yachts, higher-end sailing yachts, and superyachts since the overall costs significantly vary, depending on the number of passengers and their demands.

This term includes many different equipment and amenities, like:

  • Paddleboard
  • Underwater sea bob
  • High-powered smaller boat (yacht tender)
  • Personal submarine

Some super luxury yachts can also come with:

Since the primary price doesn’t include these toys, you need to pay for the required ones.

Other factors

The owner will always recommend you to consider paying for optional extras, like:

The outboard engine – It will cost you €80 (approximately $90) to the charter cost but save you from rowing ashore in case of an accident.

Safety net – It is necessary equipment if you sail with children, which will cost you €80 (approximately $90) for one.

Adding crew – Paying for a cook or hostess can be convenient for a private cruise if you can afford it. That satisfaction will cost you €100 (approximately $110) a day, but keep in mind that the chef’s daily allowance is slightly higher.

Skipper – A professional help is always welcome, so you should consider hiring a skipper to find the best routes and places worth visiting.

Food costs for the crew – You should need to include the food for the crew on the paying list.

Yacht chartering is an excellent way to vacation and discover exotic islands and beautiful waterfront towns. You should pick out a boat of the proper size and a reputable yacht broker to help you with the organization. It is an expensive but ultimate pleasure you will remember for life.

Related posts:

  • 10 Best Yacht Manufacturers In USA

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how much does yacht rental cost

  • Yacht charter cost: the ultimate guide to saving money
  • Sailing Hub
  • Sailing Tips

A yacht charter cost may seem daunting, but there are actually many ways to save money and find affordable yacht holidays!

You may be wondering:

Can anyone have an exciting, exotic, fun, instagram-worthy sailing holiday without breaking the bank with a high yacht charter cost?

The answer: absolutely. But wait - Isn’t yachting only for super-rich people?

Luckily, no. Affordable yacht holidays are not a myth. You can find reasonable yacht charter prices that make amazing sailing holidays accessible to many! You just need to know how to find the best deals.

There are six main factors that influence the final yacht charter cost, and if you’re savvy - you can save a lot of money!

Learn more about saving money on your yacht charter cost.

  • Boat type 

Boat size 

Charter type, keep an eye out for promotion periods, sign up for our email list, seek out other discounts, check what is included, during your charter, how much does it cost to charter a yacht around the world.

  • ​​​​​​​How Yacht4Less does affordable yacht holidays?

6 Factors that affect your yacht charter cost

There are a number of things that come into play with yacht charter prices. But the good news is that many of these elements are things that you can work to your advantage! 

Boat type  

If you’re looking for affordable yacht holidays, the type of yacht you choose can determine how much you’ll pay.

Sailboats are typically cheaper than motorboats, and past that the type of sailboat you choose also matters. Monohulls are a much more cost effective choice. At an average price of 400€/day, versus the 750€/day average price of a catamaran - you’re looking at saving around 2,500€ for a seven day charter if you go with a monohull instead of a catamaran. 

The bottom line: If you don’t need high-end luxury finishes and a ton of space, opt for the monohull. You can still have fabulous and affordable yacht holidays with this classic sailboat design.

Keep on reading:   the differences between catamarans and monohulls

While it may seem obvious that bigger boats will be more expensive, it is one of the best ways to save money on your yacht charter cost.

A 34/35 ft. boat might go for about 2,000€/week, whereas a 40 footer might rent for about 3,200€/week for the same dates.

So if you need 3 berths, you’ll find a range of options between 34 ft. to 46 ft. They may all sleep the same amount of people, but have a different number of heads (bathrooms). By choosing the smaller length, just 5 ft. less, you can save around 1,000€/week. 

The bottom line: Many people overestimate how much space they really need. While a large kitchen and indoor living area may seem nice, you’ll probably be spending the majority of your time outside! Also - remember, when picking your yacht, what really counts is the number of berths and heads. Similar boats can have large rate differences depending on the length. If you’re willing to sacrifice a few feet, you can save yourself a pretty penny.

Another seemingly simple tip, but be advised that newer boats are typically more expensive than older boats.

Rates tend to drop the older the boat gets. While younger yachts might be shinier and more modern, it’s going to cost you. However, this is not the most important factor that goes into yacht charter prices. 

The bottom line: If you don’t need a fancy, state-of-the-art yacht, look for older, well-maintained boats that have lower rates. At Yacht4Less, however, we recommend renting a yacht not older than 5 years old when possible, as older boats are more likely to have a mechanical issue due to normal wear and tear, no matter how well maintained they are.

If  you can be flexible on the timing of your yacht charter then you can save a lot of money on your yacht charter cost and have a much more affordable yacht holiday. Because yacht charters are in much higher demand during summer months or periods of good weather, prices will spike dramatically during those times. For example, our sister company's 2015 built 40ft. sailing yacht will cost about 1,700€/week in the shoulder months of April and October. Then between July and August the price increases to about 3,200€/week, nearly doubling. 

The bottom line: Book the shoulder season to save up to 50% and still get the best of your destination. Also - the rate changes depending on the season are on a spectrum. It’s not just black and white, in-season prices or out-of-season. Oftentimes it’s on a sliding scale, and just booking a week or two outside of the traditional high-season can save you money! 

There are many different yacht charter types available, for example - bareboat , by-the-cabin , luxury crewed , or skippered charter , and depending on your needs you may be able to leverage that to find better yacht charter prices.

Bareboat and by-the-cabin are the most economical options. With crewed or skippered charters, you’ll have to pay extra for the staff and their meals. 

The bottom line:   For experienced sailors, you can save money by being your own skipper! Miss out on the added fee of professional crew and be the chef and the captain during your charter. If you need sailing expertise, you can just hire a skipper instead of a full crew to save some money. That way you get the help you need, without any extra frills. 

If you are just a single traveler or a couple, you could consider a by-the-cabin charter, where you’re effectively sharing the yacht.

If you go this route, you’ll only have to pay for your share, similar to a hotel room. If you're a bigger group, consider asking friends or family members to join you, then you can split the costs even more. 

Where you want to go can play a big role in the yacht charter cost. Usually the closer the destination, the cheaper your airfare to get there will be. Don’t pick far-off exotic locales if you’re trying to stay on a tight budget. 

You can also pick locations that have favorable exchange rates or lower costs in general.

Certain locations will have more opportunities to anchor for free in bays, coves, and other types of anchorages. For example, Greece has almost non-existent mooring fees while Italy and Croatia have more full-service marinas and will be more expensive.

The bottom line: Before booking check with your charter consultant for an estimate for fuel, mooring fees, etc.

Or do your own research about the estimated cost of provisioning and dining out in a specific country. It can be a trade-off sometimes though.

For example, Mallorca often has cheaper flights but marinas and cost-of-living there is more expensive than other locations. So make sure you weigh all the associated costs that you may encounter during your yacht charter to evaluate the true savings of one location versus another.

  5 tried and true tips for maximum savings

We at Yacht4Less are yachting-lovers and long-time industry veterans. Here are our best tips to keep your yacht charter cost down and have affordable yacht holidays:

Whether it is Black Friday, Christmas, or New Years, etc. there are often discounts offered throughout the year. It may differ each year, depending on what our charter partners offer, but we make sure to inform clients accordingly.

The   best way to learn about any available promotions is to sign up for our email list! Be the first to know about any special offers as soon as they’re up for grabs. 

Yacht4Less offers a number of other types of discounts as well.

If you’re booking far in advance, you may qualify for Early-Booking discounts. On the other hand, if you’re running late in booking, you might find some Last-Minute discounts.

These are great if you don’t have a particular destination in mind, as charter companies usually offer last-minute deals on cancellations or surplus inventory.

There are also Long-Term Booking discounts, where 2 week charters usually get an additional 5% discount and more reductions can be offered on longer duration charters. 

Lastly there’s Loyalty discounts. Yacht4Less always offers the best deals possible for all customers but repeaters and multi repeaters get a little bit extra (reductions wise or might get freebies such as a free SUP.  

Other than the boat price, the overall charter price includes obligatory and optional extras. Cost of obligatory extras (i.e. end cleaning, transit log, local taxes, charter pack) may be different between two boats, even if it includes the same things. 

Other items such as bed linen, towels and outboard engine, are sometimes included in the price and other times offered as optional extras at an additional cost.

When comparing two similar yachts/offers, you may be able to get more value by picking the boat that has more extras included and/or an overall lower cost of extras (obligatory and optional).

Avoid overnight moorings and free-swing in natural anchorages. In the BVI, a mooring ball may cost around $25 dollars a day, which you can save by anchoring out. 

Take advantage of your yachts’ fully equipped kitchen and split your meals (have some on board / some at restaurants ashore). You can also save by having pre-dinner cocktails aboard instead of paying restaurants high-markups. 

Invite friends to come with you and then to split the cost! Oftentimes a larger and more luxurious boat is cheaper than a smaller and older one when shared with more friends. It’s a win-win situation! 

Now that we have a better idea about the factors that shape the boat rental prices around the globe as well as some extra tips to save even more money, it's time to have some inspiration. Where can you set sail from? What are the boat rental rates this season? All this and much more at our detailed country guides below: Top Mediterranean destinations

  • Sailing holidays in Greece
  • Sailing holidays in Turkey
  • Sailing holidays in Croatia
  • Sailing holidays in Spain
  • Sailing holidays in Italy
  • Sailing holidays in Montenegro
  • Sailing holidays in France
  • Sailing holidays in Malta

Top Carribean destinations

  • Sailing holidays in St. Martin
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  • Sailing holidays in Antigua
  • Sailing holidays in Guadeloupe
  • Sailing holidays in Martinique
  • Sailing holidays in St. Lucia
  • Sailing holidays in Grenada
  • Sailing holidays in St. Vincent
  • Sailing holidays in Puerto Rico  

Browse all 60+ destinations

​​​​​​​ How Yacht4Less does affordable yacht holidays?

So, how much does a yacht charter cost? 

The Answer? 

Whatever your budget permits. 

Overall it is very possible to have an affordable yacht holiday if you follow our advice to keep yacht charter costs down. All you need to do is pick the right boat, destination, charter type, time of year, and book with Yacht4Less for the best promotions and prices available! 

Yacht4Less is dedicated to providing the highest quality, value, and price for your sailing holiday. We believe everyone should be able to have affordable yacht holidays and we offer luxury sailing experiences at the best possible prices.

If you are thinking about your next sailing adventure, we are happy to help you organise your yachting holiday.

We guarantee first-class customer service before, during and after the booking of your holiday!

Get a free & non-binding quote

owning a yacht

How Much Does it Cost to Rent a Yacht?

how much does yacht rental cost

Are you looking for something fun and unique to do on your next vacation? Have you ever dreamed of standing at the helm or lounging on the deck of a luxury yacht? Chances are you probably have friends or family with similar notions of the glamorous life. If so, renting a luxury yacht may be right up your alley.

Renting a Yacht Cost Less than You Think

Before you start estimating your chances of winning the lottery, there are a few things to take into consideration. Arranging a luxury yacht rental doesn’t have to break the bank . When you go in on the cost with friends or family members, the experience becomes much more affordable for everybody. Think of it as the same concept as renting a limo to go to a concert, reserving a private room at the hottest club in town or renting a beachfront cottage for the week. Yachts from 35 to 100 feet in length can be rented for a day, half day or even overnight.

Depending upon whether you’re renting for a full or half day, a 51-foot Sea Ray Sundancer with enclosed cabins, onboard cooking, spacious decks and up-to-date electronics and stereo systems can be rented for between $1,959 and $2,443. The rental price generally rises as the size and length of the yacht increases. Likewise, as the yacht size increases, the onboard amenities increase to include even more luxurious accommodations.

What to do on a luxury yacht rental

  • Spend the day sightseeing and nature watching around Fort Lauderdale, Miami and the Florida Keys.
  • Work on your snorkeling and diving skills.
  • Reel in big game fish such as sailfish, swordfish and tuna.
  • Go in together to host a dinner cruise, reunion or another special event. Don’t give up on your dreams of the yachting life just

If you and your friends aren’t experienced boaters, you can hire a captain to do the sailing for you. Hiring a captain is also a great idea when you aren’t familiar with the area. Experienced captains know all of the best fishing spots, snorkeling locations and dolphin spotting areas.

Rent a Yacht, Share the Experience, Enjoy!

Consider renting overnight for a really unique onboard experience . You can dine beneath the stars, enjoy the nighttime skyline and fall asleep to the gentle rocking of the waves. In addition to being fun, renting a yacht is a unique way to make memories while spending time with friends and family.

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How Much Does Yacht Rental Cost? (Here’s What To Know)

how much does yacht rental cost

Are you dreaming of taking a luxurious yacht trip but dont know the best way to go about it? Look no further! Here, youll find all the essential information to get you started.

From the different types of yacht rentals to factors that affect cost, to how to choose the right one for your needs, we have everything you need to know about yacht rental costs.

We’ll also cover the cost of yacht rental by size, the additional services and their costs, tips to reduce costs, and what to do before making a reservation.

So get ready to sail off into the sunset in style!.

Table of Contents

Short Answer

Yacht rental prices vary widely depending on the size, features, and location of the yacht.

Generally, you should expect to pay anywhere from $200-$1000 per hour for yacht rental, depending on the size and location of the yacht.

Additionally, some yacht rental companies offer discounts for multiple-day rentals, so it’s a good idea to shop around and compare prices before making a decision.

The Different Types of Yacht Rentals

When renting a yacht, there are different types of rental packages available to suit your needs and budget.

The most basic type of rental is a bareboat charter, where you are responsible for the boat and all operations.

This type of rental is ideal for experienced boaters who want to explore the open waters without the hassle of owning their own boat.

For those who are not as experienced, there are other rental packages that include a captain and crew to help you navigate through the waters.

Depending on the size and type of yacht, you can also opt for a package that includes other amenities such as meals, beverages, and activities.

If youre looking to take a more luxurious vacation, you can rent a yacht with a full-service package that includes all the amenities and services you need.

No matter what type of rental package you choose, its important to understand the details of the rental before booking in order to get the best value for your money.

Factors that Affect the Cost of Yacht Rental

how much does yacht rental cost

When it comes to yacht rental, there are a few factors that can affect the cost of your rental.

The size of the yacht, the duration of the rental, and any additional services included all play a role in determining the cost.

The size of the yacht is naturally a major factor when it comes to rental cost.

Smaller yachts are typically cheaper to rent than larger ones, as they require less fuel and maintenance.

However, the size of the yacht can also affect the number of people who can comfortably fit on board, so its important to take the size into consideration when deciding what type of yacht is best for your needs.

The duration of the rental can also affect the cost.

Yacht rentals typically come in two categories: short-term and long-term.

Short-term rentals, such as a few hours, are usually much cheaper than long-term rentals, such as a week-long excursion.

Finally, additional services included in the rental package can also impact the cost.

For example, if a yacht rental comes with a captain and crew, this can add a significant amount to the overall cost.

On the other hand, a rental package that includes catering or other amenities can be a great way to make the most out of your rental.

By understanding the details of the rental package, you can ensure that you get the best value for your money.

Its important to consider all the factors that affect the cost before booking, as this can help you find the best rental package for your needs.

How to Choose the Right Yacht for Your Needs

When it comes to choosing the right yacht for your needs, there are a few important factors to consider.

The most important factor is the size of the yacht.

Larger yachts may cost more, but they can provide more space for larger groups or more luxurious amenities.

The duration of the rental also plays a role in the price, as longer rentals may be discounted compared to shorter ones.

Additionally, the type of yacht and the amenities it offers can also affect the cost.

For instance, a sailboat is generally less expensive than a motor yacht, while a yacht with more amenities such as a hot tub or special features like a waterslide may have a higher price tag.

It is important to take the time to research your options and understand the details of the rental package to ensure that you are getting the best value for your money.

Cost of Yacht Rental by Size

how much does yacht rental cost

When considering the cost of renting a yacht, the size of the yacht is one of the most important factors.

Generally, the larger the yacht, the higher the rental cost.

Yacht sizes are measured in feet and range from small boats less than 10 feet to mega yachts that are over 200 feet.

Smaller yachts are usually more affordable and can cost anywhere from a few hundred dollars for a few hours to a few thousand dollars for a week-long rental.

Larger yachts, however, can cost much more.

For example, a luxury mega yacht can cost tens of thousands of dollars for a week-long rental.

Additionally, the cost of a yacht rental can vary based on the type of yacht being rented.

Some yachts are designed for speed and can cost significantly more than a standard cruiser yacht.

Luxury yachts, such as those with multiple staterooms and other amenities, can also be more expensive to rent.

Its important to understand the differences between the various types of yachts to ensure that you get the best value for your money.

In addition to the size of the yacht, the duration of the rental can also affect the cost.

Generally, the longer the rental period, the lower the cost per day.

For example, a two-week rental may cost less than two separate one-week rentals.

Its important to shop around and compare different rental packages to ensure that you get the best value for your money.

Finally, the cost of a yacht rental can also be affected by additional services included in the rental package.

Common services, such as meals, fuel, and crew, can all add to the overall cost of the rental.

Additionally, some yacht rentals may include additional amenities, such as water toys or fishing gear, which can also add to the cost.

Its important to understand all of the details of the rental package before booking to ensure that you get the best value for your money.

Additional Services and Their Costs

When it comes to yacht rental, additional services can add to the overall cost.

Some of the most common add-ons include crew members, catering, fuel, and dockage.

If you are looking to hire a crew, prices can vary depending on the number of crew members, the length of time they will be with you, and the level of experience they have.

Generally, crew members can cost anywhere from $200 to $500 a day.

Catering is also a popular add-on for yacht rentals.

Prices for catering will depend on the number of people aboard, the type of food you would like to serve, and the duration of the rental.

Fuel costs will depend on the size of the yacht, the distance travelled, and the type of fuel used.

Prices vary depending on the location, but generally range from $50 to $150 per hour.

Finally, dockage fees are also included in many yacht rental packages.

Dockage fees will vary depending on the port, but typically range from $30 to $100 per night.

It is important to consider all of these additional costs when researching yacht rental prices so that you can make an informed decision.

It is also important to read the rental agreement carefully to make sure you understand exactly what is included in the cost.

Tips to Reduce Costs

how much does yacht rental cost

When it comes to yacht rental, there are several ways to help reduce costs.

First, its important to consider the size of the yacht youre renting.

Renting a smaller yacht can be significantly cheaper than a larger one, so if youre on a budget, opt for a smaller vessel.

Additionally, many yacht rental companies offer discounts for booking in advance and for longer rental periods.

If youre looking for a more cost-effective rental, consider booking during off-peak times when fewer people are interested in renting a yacht.

Also, check with the rental company to see if they offer any discounts or promotions throughout the year.

Another cost-saving tip is to rent a yacht that includes additional services such as food, beverages, and entertainment.

Many rental companies provide these services at competitive prices, so you can save money on meals, snacks, and activities.

Finally, consider purchasing additional insurance coverage for your yacht rental.

While the rental company may offer basic coverage, purchasing additional insurance can help protect you from financial losses in the event of an accident or damage to the yacht.

By following these tips, you can reduce the cost of your yacht rental and get the best value for your money.

What to Do Before Making a Reservation

Before making a reservation for a yacht rental, it is important to take the time to research your options.

Determine the type of yacht you would like to rent, the size of the vessel, and the amenities you would like to have.

Take into account the number of passengers you plan to have, as well as the number of days you plan to be out at sea.

Also, consider the type of activities you plan to do on the yacht such as fishing, swimming, or snorkeling.

Doing your research will help you determine which yacht rental companies offer the best value for your money.

Once you have narrowed down your list of potential yacht rental companies, it is important to compare prices and services between them.

Make sure to read the terms and conditions carefully as some companies may charge additional fees or require a deposit.

Additionally, some yacht rental companies may offer discounts or packages depending on the length of the trip.

It is also important to research the safety measures that the yacht rental company has in place, such as life jackets, first aid kits, and fire extinguishers.

By researching your options, you can ensure that you get the best value for your money and the most enjoyable experience possible.

Final Thoughts

Yacht rental can be a great way to experience the open waters without the worry and cost of owning a boat.

By understanding the different types of yachts, the factors that affect cost, and the additional services available, you can make an informed decision and choose the right yacht for your needs.

Before you make a reservation, be sure to compare prices and look for any discounts or special offers available to ensure the best value for your money.

With the right planning, you can have a luxurious and affordable yacht rental experience.

James Frami

At the age of 15, he and four other friends from his neighborhood constructed their first boat. He has been sailing for almost 30 years and has a wealth of knowledge that he wants to share with others.

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Below Deck yacht names revealed - and how much it costs to rent the celebrity superyachts

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Below Deck yacht names revealed - and how much it costs to rent the celebrity superyachts

how much does yacht rental cost

By Editorial Team |   Last Updated 10 October 2023

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Since 2013, Below Deck has been captivating TV audiences across the globe by offering a voyeuristic peek into life on board multi-million dollar luxury charter yachts . Taking readers behind the scenes, YachtCharterFleet identifies the yachts featured on the show, as well as those which have appeared on the celebrated spin-off series Below Deck: Mediterranean , Below Deck: Sailing , Below Deck: Down Under and the latest iteration, Below Deck: Adventure .

Bravo’s hit reality TV series Below Deck chronicles the lives of crew members who work and reside aboard a luxury yacht during the charter season.

Each season features a different crew configuration, and the episodes show how the crew members interact and deal with personal issues alongside their working lives. The seasons are filmed over six weeks, with every episode featuring a new group of charter guests.

Getting even closer to these Below Deck superstars, we take a look at each of the stand-out features of every yacht that has appeared on the show.

Below Deck (US)

Many crew members are recurring on the show;  the longest-standing is Captain Lee Rosbach, who been on the show since 2013. A fan favourite, he has been at the helm of every yacht on Below Deck and seen a number of different crew formations.

The latest Below Deck season 10 is rumoured to be his final swan song, although his legacy on the show is such that whoever replaces him will have very big shoes to fill.

Captian Lee in Ohana yacht uniform

Among the crew members, Chief Stewardess Kate Chastain was an integral member of the team from season two to season seven. Alongside her, Chef Ben Robinson was a permanent fixture of the crew from season one to season four, before stepping out for season five.

Throughout the course of the show, the yachts have played an important role. 

Hiring a Below Deck yacht will cost from €140,000 per week - and that price doesn't include expenses such as fuel. While some of the yachts were given an alias over the course of filming, their real names can now be revealed below; as well as the exact cost to rent them. 

how much does yacht rental cost

The largest yacht in the show's history, the 10th and 11th seasons of Below Deck  are set around the Caribbean islands of St Lucia  and Grenada onboard the luxurious 60m (197ft) superyacht ST DAVID . Delivered in 2008 by Italian shipyard Benetti, the yacht has an impressive sleek, supercar-inspired profile that instantly turns heads. 

Onboard highlights include her well-appointed sundeck with sunloungers and sunpads where guests can kick back and relax, a spa pool and her al fresco cinema screen set up for unforgettable movie nights.

One of the yacht's most distinctive features is her sophisticated spiral staircase that leads through all three decks and is lit by a skylight in the spa pool of the sun deck. The yacht is very versatile for a variety of charter party configurations, with room for 12 guests across six elegantly appointed cabins. 

how much does yacht rental cost

STARSHIP (aka MY SEANNA)

Below deck charter yacht MY SEANNA

Making an appearance on seasons 9, 8 and 6 of Below Deck , the majestic motor yacht STARSHIP (known on the show as MY SEANNA) is a yacht charter favorite.

The yacht has traveled far and wide for the show cruising to the jaw-droppingly beautiful St Kitts and Nevis in season 9, the sun-kissed Caribbean in season 8 and the  South Pacific  islands of  Tahiti in season 6.

Known for being among one of the most opulent yachts on the charter market due to her ornate interiors and glossy fittings that have been brushed in 22-carat gold, it is safe to say that this yacht is one of the most opulently styled and extensively equipped yachts on the water. Refitted in 2021, the Delta Marine yacht can accommodate 12 guests across 6 cabins and is extremely versatile for a variety of yacht charter party configurations. 

how much does yacht rental cost

VALOR (aka BG)

how much does yacht rental cost

Appearing three times on the hit show, the 47m (153ft) charter yacht BG (known on the show as VALOR) featured in seasons 7, 5 and 4 of Below Deck , taking charter guests to a variety of sun-kissed and beautiful locations. The yacht's real name is BG, and she was built in 1990 by the world's most revered shipbuilder Feadship . Since then, she has undergone many interiors refreshes to keep her in tip-top condition. 

The yacht traveled around Thailand in Season 7  where the crew and viewers were treated to a truly memorable South East Asian experience. From the iconic Phi Phi Islands to the beautiful beaches of Ko Yao Yai, there were plenty of fascinating landmarks to see on the way. Season 5 took viewers to the tranquil cruising grounds of  Saint Martin whilst season 4 saw M/Y BG in the glistening waters of the  Virgin Islands .

Accomodating 12 guests across 6 cabins, she is also capable of carrying up to 10 crew onboard to ensure a relaxed luxury yacht charter experience.

how much does yacht rental cost

EROS (aka STAY SALTY)

luxury motor yacht STAY SALTY

Season 3 of Below Deck was announced after a hugely successful second-season finale, which was the highest-rated episode of the series. The new season saw the crew head to the Bahamas onboard  superyacht STAY SALTY  known on the show as EROS. 

She is equipped with an array of luxurious amenities including an eight-person sundeck Jacuzzi, barbecue and yacht-wide sound system. She also boasts timeless interior styling with intricate wood panelling and a neutral colour palette which helps create an inviting atmosphere for those on board.

The yacht was sold in November 2013 - just before filming for season 3 began - for an asking price of $17.9 million.

how much does yacht rental cost

OHANA (aka STAR DIAMOND)

how much does yacht rental cost

Premiering in August 2014, season 2 of Below Deck returned with 13 episodes documenting life on board the slightly smaller superyacht STAR DIAMOND in the British Virgin Islands . Among many other features, the yacht is equipped with a large sundeck, outdoor bar and luxury accommodation for 10 guests.

After filming the series, M/Y STAR DIAMOND was sold for an asking price of $10.9 million and is now on the charter market with a charter rate of $160,000/week. Extensively refit in 2022, the work on the superyacht has included a complete interior refresh, the yacht now features light, modern styling - an engine rebuild and a cabin conversion.

HONOR (aka BARENTS )

Superyacht charter yacht BARENTS

The first season of Below Deck premiered on 1 July 2013 after being announced in April 2012. Chartering around the Caribbean , the starring superyacht was named HONOR for the show but chartered under the name CUOR DI LEONE which translates to ‘Lion Heart’ in Italian. She now goes by the name BARENTS . 

Built by Italian shipyard Benetti in 1999 and refit in 2021, the famous vessel has undergone a complete makeover, bringing her up to modern standards. She can accommodate up to 12 charter guests and features luxury amenities for guests to enjoy including state-of-the-art TVs and a sundeck Jacuzzi.

Following the show, superyacht BARENTS was sold for around $15 million and her new owner commissioned a major refit. A great deal of money was spent on updating her interior with a classic-modern style of design as well as on brand-new exterior furniture and entertainment systems.

how much does yacht rental cost

Below Deck: Mediterranean

Following on from the success of Below Deck , the spin-off  Below Deck: Mediterranean premiered in May 2016. While the original series takes place during the winter charter season when the Caribbean is at its peak, Below Deck: Mediterranean is filmed during the summer charter season.

People sat on the edge of a boat dangling feet in the water, Below Deck Mediterranean

Season one of Below Deck: Mediterranean saw Captain Mark Howard at the helm, but the baton was passed to Captain Sandy Yawn from two onwards. Chief Stewardess Hannah Ferrier was another permanent fixture on the show from season one to five, before leaving the show in season six.

Captain Sandy Yawn on board yacht HOME on Below Deck Med season 7

As its name suggests, the show is based in the Mediterranean , the world’s most popular yachting hub from May to October. Despite the change in location, the same format and accompanying on-water antics from the crew and guests alike can be expected. Below, all the names of the superyachts which have appeared on the show, and the cost to rent them.

Motor yacht Mustique running shot

Season 8 of Below Deck: Mediterranean was aired in September 2023 and brought back yet more antics that included some tense franchise firsts. Set in the Ligurian Riviera, the hit Bravo series returns to Italy for the first time since season 3. The series followed the crew from mid-August until mid-September of 2022 onboard the 180-feet superyacht MUSTIQUE .

Holding up to 12 guests across 6 classically decorated cabins, this yacht is the epitome of elegance with its glossy mahogany paneling and cream upholstery. She is replete with water toys, including kayaks, a seabob, waterskis, and Zapata Flyboards, and has expansive deck areas– offering plenty of scope for both crew and guest antics which make Below Deck: Mediterranean so entertaining.

how much does yacht rental cost

Season 7 of Below Deck: Mediterranean returned to the screens in July 2022 and brought back more drama and wealthy clientele, creating endless entertainment for viewers at home. Set in Malta , a destination never seen before on the show, the series followed the crew over an eight-week charter season onboard the 49m (160ft) superyacht HOME .

Accommodating up to 12 guests across 6 beautifully decorated staterooms, this yacht is described as a home away from home, the perfect platform for guests to soak up the sunshine, kick back and relax. From her convivial sundeck setup replete with a Jacuzzi and glowing cocktail bar to her panoramic sky lounge and state-of-the-art water toys, this yacht certainly had the wow factor that was required for Below Deck: Mediterranean .

how much does yacht rental cost

LADY MICHELLE (renamed NEXT CHAPTER)

Below Deck Lady Michelle Charter yacht

Season 6 of Below Deck: Mediterranean premiered in June 2021 and saw a new vessel,  motor yacht LADY MICHELLE , since re-named NEXT CHAPTER, take center stage. It also saw the return of Captain Sandy and Bosun Malia, plus a brand new crew. 

A floating paradise that turns heads on the water, this heavenly Benetti vessel comfortably accommodates 12 guests across 6 sumptuous staterooms, with additional capacity for up to 12 crew members. She also boasts an open-air cinema, a split-level owner's suite and an impressive array of water toys.

This season takes the crew to one of the most idyllic cruising grounds in the East Mediterranean : Croatia . Abounding with serene golden beaches, crystalline waters and gorgeous coves to explore, it's one of the most popular yacht charter destinations.

how much does yacht rental cost

THE WELLINGTON (aka THE WELLESLEY)

Charter yacht The Wellesley

Season 5 of Below Deck: Mediterranean premiered in the summer of 2020. The show was shot on board the motor yacht THE WELLESLEY , and the superyacht was given the alias THE WELLINGTON over the course of filming. 

The yacht has an elegant 1920's theme, with a chic club lounge complete with a bespoke humidor. She features plenty of marble accents and ample alfresco deck areas, as well as a jacuzzi with innovative spill pool features.

The yachties set course for Spain for this season, cruising around the azure waters of the Balearic Islands . The homeport was Port Adriano on the island of Mallorca .

how much does yacht rental cost

Featuring in both Season 4 and Season 2 of Below Deck: Mediterranean ,  superyacht SIROCCO  is a yacht charter sensation. An elegant and sophisticated Heesen -built motor yacht, she features plenty of alfresco sunning areas and an 8-person jacuzzi pool; the perfect spot for the charter guests to unwind after a long day exploring.

Season 4 took the crew to one of the most iconic destinations in the Mediterranean ; the South of France . Between the luxury yachting hub of Monaco to the beautiful beaches in St Tropez , this season promises lashings of glitz and glamour. During Season 2 of Below Deck: Mediterranean , M/Y SIROCCO cruised the picturesque waters of  Croatia .

how much does yacht rental cost

TALISMAN MAITON

Superyacht 'Talisman Maiton' seen from the starboard side with jetskis beside it

Premiering in 2018, season 3 of  Below Deck: Mediterranean saw familiar and new faces head to the sublime cruising grounds of Italy. This time, the crew treated their discerning guests to a world of luxury on board the 54m/178ft motor yacht TALISMAN MAITON .

Built in 2006 and refit to an exacting standard in 2016, the yacht boasts a range of exciting features that make her particularly appropriate for the waters of the Amalfi Coast . Indeed, her entertainment options range from a stunning selection of water toys to a sundeck Jacuzzi and a refreshingly modern interior.

how much does yacht rental cost

IONIAN PRINCESS

Ionain Princess season 1 Below Deck Mediterranean

Premiering on 3 May 2016, the very first season of Below Deck: Mediterranean , a spin-off of the increasingly popular franchise, took to viewers' screens. This time the ‘yachties’ took care of their guests onboard the motor yacht IONIAN PRINCESS  in the Mediterranean  destination of Greece . 

The starring yacht IONIAN PRINCESS was delivered from Christensen in 2005 and was later refit in 2016 and again in 2021. Truly opulent, she bears interiors that are sleekly finished with a range of warmly toned woods and plenty of comfortable furnishings. She also boasts one of the largest sundecks for a yacht of her size.

Below Deck: Mediterranean Season 1 yacht IONIAN PRINCESS is not currently available for private yacht charter vacations.

Below Deck: Sailing Yacht

This is the first time the Below Deck franchise branched away from gleaming motor yachts, with the various weather issues that sailing yachts have to contend with adding even more drama and excitement.

The design of luxury sailing yachts  also creates far more confined crew areas than we are used to seeing on the original Below Deck . In general, sailing yachts tend to feature smaller galleys, compact stew stations and cramped crew quarters which are in closer proximity to the guests’ living areas, putting crew under increased pressure to deliver their signature silver service.

Below Deck Sailing Yacht Season 3

In addition, deck crew are placed in a far more demanding role, with sailing yachts requiring increased accuracy and precision to safely maneuver and plenty of deck duties taking place in the midst of guest areas.

PARSIFAL III

Sailing yacht on Below Deck

An iconic and suitable yacht for the much-loved series Below Deck: Sailing , the 54m (177ft) sailing yacht PARSIFAL III has blessed our screens for all four series of the hit maritime show.

Season 1 saw the sailing yacht cruising around the beautiful islands of Greece , an  East Mediterranean destination that is peppered with an incredible variety of islands. Season 2 was set around the glistening waters of Croatia and in  Season 3 of Below Deck Sailing , M/Y PARSIFAL III came back to where she traditionally charters in the beautiful Balearic island of Menorca . For the latest Below Deck: Sailing Yacht season she ventured around the glittering coastline of Sardinia .

The yacht can comfortably charter up to 12 guests across 5 luxurious cabins with a layout comprising a master suite, two double cabins and two twin cabins.

how much does yacht rental cost

Below Deck: Down Under

women sitting on a yacht Below Deck Down Under

Venturing to the mesmerizing Whitsunday islands in Australia , the much-beloved maritime show released another spin-off of the hit show in April 2022, Below Deck: Down Under . Recorded on Queensland's shores, viewers can see for themselves the impeccable Australian islands and all their beauty as the superyachts, their crew and charter guests travel to some of the most sought-after destinations in the world.  

NORTHERN SUN

Charter yacht NORTHERN SUN

Below Deck: Down Under  returns to our screens for its second outing, this time on board the 51m (167ft) explorer yacht NORTHERN SUN , with the coastal paradise of Cairns in Australia’s northern Queensland providing the glittering backdrop.

Headed up once more by the handsome Captain Jason Chambers, he is joined by returning chief stewardess, Aesha Scott, along with a brand new crew, including Chef Tzarina Mace-Ralph, Bosun Luke Jones and stews Laura Bileskaine and Margot Sisson.

Promising another round of crew antics and high drama, the bulk of the action takes place on board the classic explorer yacht, primed for adventure and boasting a wealth of luxurious amenities and an eye-catching exterior, charter guests will be in for a treat.

how much does yacht rental cost

KERI LEE III (AKA THALASSA)

Keri Lee III or Thalassa from Below Deck Down Under

The perfect yacht for season 1 of Below Deck: Down Under , the 55m (181ft) yacht KERI LEE is the prime candidate for anyone looking for a taste of the superyacht lifestyle. Described as being like Downton Abbey on a boat, the yacht is home to an expansive beauty salon, massage room, gym, jacuzzi and movie theater, so there is definitely enough to keep all charter guests entertained.

In the first season of Below Deck: Down Under , this yacht traveled to some pretty spectacular destinations from the Great Barrier Reef , including the Whitsunday's , Hook Island, Block Reef and Henning Island, giving charter guests the opportunity to witness the outstanding beauty and clear waters of the Pacific .

Below Deck: Adventure

Woman abseiling on Below Deck Adventure

Airing its inaugral season at the end of 2022, Below Deck: Adventure brings more drama than ever before as the show takes viewers beyond the deck and off the yacht as thrill-seeking charter guests embark on a range of extreme and unforgettable experiences around the Norwegian Fjords. Some of the activities include paragliding, exploring unique caves and taking extreme helicopter rides, Below Deck: Adventure provides endless entertainment as well as giving viewers a glimpse of the astonishingly beautiful landscapes in and around  Norway . 

In  Below Deck: Adventure season 1, Capt. Kerry Titheradge leads the crew with Jessica Condy as Chef and Faye Clarke as Chief Stew.

champagne and jacuzzi onboard Below Deck adventure yacht MERCURY

As seen in season 1 of Below Deck Adventure , the 49m (164ft) motor yacht MERCURY is a high-quality and highly reliable Dutch-built luxury charter yacht. Delivered by Amels in 2001, the yacht is to the highest standard and pedigree and boasts a wealth of convivial spaces, perfect for relaxing, unwinding and socializing onboard. 

Home to an impressive array of amenities, standout highlights include an expansive Jacuzzi, a large swim platform for easy access to the water and a gym. An advanced stabilization system on board reduces the side-to-side roll of the yacht and promises guests exceptional comfort levels at anchor or when underway.

how much does yacht rental cost

Interested in a Below Deck yacht rental?

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For more details on chartering any of the above yachts, speak to your preferred charter broker . They can provide you with personalized information and advice concerning your vacation, creating an itinerary that perfectly caters to your individual needs.

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Here's who could be responsible for paying for the Baltimore bridge disaster

  • The Francis Scott Key Bridge in Baltimore collapsed after a container ship collided with it.
  • Several entities could be on the hook to foot the bill in the aftermath of the disaster.
  • The maritime insurance industry will likely be saddled with the highest costs. 

Insider Today

The Francis Scott Key Bridge in Baltimore collapsed on Tuesday after a large container ship ran into it, leading to six presumed deaths and millions of dollars in possible damage.

It's still too early to estimate the total economic impact of the disaster, but between the cost of rebuilding the decades-old bridge, compensating the victims' families , and paying out damages for disruptions to the supply chain, the eventual cost of the disaster is expected to be significant.

Who will pay to rebuild the bridge?

President Joe Biden said on Tuesday the federal government should be responsible for paying to reconstruct the damaged Francis Scott Key Bridge.

"It is my intention that the federal government will pay for the entire cost of reconstructing that bridge, and I expect Congress to support my effort," Biden said.

The bridge was built in the 1970s for about $60 million, but the cost of rebuilding it could be 10 times its original price tag, an engineering expert told Sky News. 

Baltimore is among the busiest ports in the nation , with more than a million shipping containers passing through each year. The collapse — which closed the port to all maritime and most road traffic until further notice — is already beginning to wreak havoc on the supply chain.

The cost of building the bridge back fast enough to offset diversions as much as possible could saddle the government with a more than $600 million bill, David MacKenzie, the chair of the engineering and architecture consultancy COWIfonden, told Sky News.

Who will pay for damages to the ship and its cargo?

The container ship, the Dali , is owned by a Singapore-based firm. The ship's charterer, Maersk, confirmed to Business Insider that vessel company Synergy Group operates the ship. 

However, the companies with cargo aboard the Dali could ultimately be responsible for some of the ship's damages and cargo costs, according to Ryan Petersen , the CEO of the supply-chain-logistics company Flexport, which had two containers on the ship.

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The Dali was carrying 330 containers that must now be rerouted, Petersen said in an X thread.

An ancient maritime law known as " general average " dictates that companies with even a single container aboard a ship split certain damages pro rata based on the number of containers they had on board, ensuring all the stakeholders benefiting from the voyage are splitting the risk, Petersen said.

General average situations can occur when a ship is stranded or when cargo is damaged or thrown overboard to save the vessel, according to Flexport . The concept helps ensure that all parties who have a vested interest in the vessel share the cost and concern of protecting it.

It's too soon to know whether damages incurred to free the Dali in the coming days will qualify as a case of general average.

Who will pay for everything else?

The majority of the financial fallout is likely to lay primarily with the insurance industry, according to media reports.

Industry experts told the Financial Times that insurers could pay out losses for bridge damage, port disruption, and any loss of life.

The collapse could drive "one of the largest claims ever to hit the marine (re)insurance market," John Miklus, the president of the American Institute of Marine Underwriters, told Insurance Business.

He told the outlet that the loss of revenue from tolls while the bridge is being rebuilt will be expensive, as will any liability claims from deaths or injuries.

The Dali is covered by the Britannia Steam Ship Insurance Association Ltd., known as Britannia P&I Club, according to S&P Global Market Intelligence.

In a statement to Business Insider, Britannia said it was "working closely with the ship manager and relevant authorities to establish the facts and to help ensure that this situation is dealt with quickly and professionally."

Britannia is one of 12 mutual insurers included in the International Group of P&I Clubs, which maintains more than $3 billion of reinsurance cover, sources familiar with the matter told Insurance Business.

Britannia itself is liable for the first $10 million in damages, both FT and Insurance Business reported. Whatever remains is dealt with by the wider mutual insurance group and Lloyd's of London, a reinsurance market in the UK, the FT reported.

Update: March 28, 2024 — This story has been updated to include additional information about general average and clarify that it is too soon to know whether general average will apply in the case of the Dali.

Watch: The container ship that destroyed the Francis Scott Key Bridge has crashed before

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  • Main content

Baltimore bridge collapse wasn't first major accident for giant container ship Dali

Propulsion failed on the cargo ship that struck the Francis Key Bridge in Baltimore early Tuesday as it was leaving port, causing it to collapse into the frigid Patapsco River. Its crew warned Maryland officials of a possible collision because they had lost control.

“The vessel notified MD Department of Transportation (MDOT) that they had lost control of the vessel” and a collision with the bridge “was possible,” according to an unclassified Department of Homeland Security report. “The vessel struck the bridge causing a complete collapse.”

An official speaking on condition of anonymity confirmed to USA TODAY that the DHS’ Cybersecurity and Infrastructure Security Agency is working with federal, state, and local officials “to understand the potential impacts of this morning’s collapse of the Francis Scott Key Bridge.”

Clay Diamond, executive director, American Pilots’ Association, told USA TODAY power issues are not unusual on cargo ships, which are so large they cannot easily course correct.

“It’s likely that virtually every pilot in the country has experienced a power loss of some kind (but) it generally is momentary,” Diamond said. “This was a complete blackout of all the power on the ship, so that’s unusual. Of course this happened at the worst possible location.” 

The ship in Tuesday's crash, Dali, was involved in at least one prior accident when it collided with a shipping pier in Belgium.

That 2016 incident occurred as the Dali was leaving port in Antwerp and struck a loading pier made of stone, causing damage to the ship’s stern, according to VesselFinder.com, a site that tracks ships across the world. An investigation determined a mistake made by the ship’s master and pilot was to blame.

No one was injured in that crash, although the ship required repair and a full inspection before being returned to service. The pier – or berth – was also seriously damaged and had to be closed.

VesselFinder reports that the Dali was chartered by Maersk, the same company chartering it during the Baltimore harbor incident.

The 9-year-old container ship had passed previous inspections during its time at sea, but during one such inspection in June at the Port of San Antonio in Chile, officials discovered a deficiency with its "propulsion and auxiliary machinery (gauges, thermometers, etc)," according to the Tokyo MOU, an intergovernmental maritime authority in the Asia-Pacific region.

The report provided no other information about the deficiency except to note that it was not serious enough to remove the ship from service.

Follow here for live updates: Baltimore's Key Bridge collapses after ship strike; construction crew missing: Live Updates

Why did Dali crash into the Baltimore bridge?

Officials said Tuesday they’re investigating the collision, including whether systems on board lost electricity early Tuesday morning, which could be related to mechanical failure, according to a U.S. official who was not authorized to speak publicly.

Accidents at sea, known as marine casualties, are not uncommon, the source told USA TODAY. However, “allisions,” in which a moving object strikes a stationary one with catastrophic results, are far less common. The investigation of the power loss aboard the Dali, a Singapore-flagged vessel, will be a high priority.

In a video posted to social media, lights on the Dali shut off, then turned back on, then shut off again before the ship struck a support pier on the bridge.

Numerous cargo and cruise ships have lost power over the years.

The International Convention for the Safety of Life at Sea requires all international vessels to have two independent sources of electricity, both of which should be able to maintain the ship's seaworthiness on their own, according to a safety study about power failures on ships , citing the International Convention for the Safety of Life at Sea.

The Dali's emergency generator was likely responsible for the lights coming back on after the initial blackout, Diamond said.

“There was still some steerage left when they initially lost power,” he said. “We’ve been told the ship never recovered propulsion. The emergency generator is a diesel itself – so if you light off the generator, that’s also going to put off a puff of exhaust.”

Under maritime law, all foreign flagged vessels must be piloted into state ports by a state licensed pilot so the Dali's pilot is licensed by Association of Maryland Pilots .

Diamond described the incident based on information from the Maryland agency that licensed the pilot aboard the ship. His organization represents that group and all other state piloting agencies in the US.

“The pilot was directing navigation of the ship as it happened,” he said. “He asked the captain to get the engines back online. They weren’t able to do that, so the pilot took all the action he could. He tried to steer, to keep the ship in the channel. He also dropped the ship’s anchor to slow the ship and guide the direction.

“Neither one was enough. The ship never did regain its engine power.”

How big is the Dali ship?

The Dali is a 984-foot container vessel built in 2015 by Hyundai Heavy Industries in South Korea. With a cruising speed of about 22 knots – roughly 25 mph. It has traveled the world carrying goods from port to port.

The ship, constructed of high-strength steel, has one engine and one propeller, according to MarineTraffic.com.

The Dali arrived in Baltimore on Sunday from the Port of Norfolk in Virginia. Before that, it had been in New York and came through the Panama Canal.

It remains at the scene of the collapse as authorities investigate.

Who owns and operates the Dali?

It is owned by the Singapore-based Grace Ocean Pte Ltd but managed by Synergy Marine Group, also based in Singapore. It was carrying Maersk customers’ cargo, according to a statement from the shipping company.

“We are deeply concerned by this incident and are closely monitoring the situation,” Maersk said in the statement. 

Synergy, which describes itself as a leading ship manager with more than 600 vessels under its guidance, issued a statement on its website acknowledging the incident and reporting no injuries among its crew and no pollution in the water. There were two pilots on board and 22 crew members in all, according to Synergy, all of them from India.

USA TODAY reached out to Synergy on Tuesday, but the company did not immediately return a call seeking comment.

Contributing: Josh Susong

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Travel Budget for Moscow Visit Moscow on a Budget or Travel in Style

  • Moscow Costs

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  • How much does it cost to travel to Moscow? (Average Daily Cost)
  • Moscow trip costs: one week, two weeks, one month

Is Moscow expensive to visit?

  • How much do I need for a trip to Moscow?
  • Accommodation, Food, Entertainment, and Transportation Costs
  • Travel Guide

How much does it cost to travel to Moscow?

You should plan to spend around $63 (₽5,802) per day on your vacation in Moscow. This is the average daily price based on the expenses of other visitors.

Past travelers have spent, on average for one day:

  • $14 (₽1,315) on meals
  • $6.14 (₽566) on local transportation
  • $80 (₽7,330) on hotels

A one week trip to Moscow for two people costs, on average, $882 (₽81,233) . This includes accommodation, food, local transportation, and sightseeing.

All of these average travel prices have been collected from other travelers to help you plan your own travel budget.

  • Travel Style: All Budget (Cheap) Mid-Range Luxury (High-End)
  • Average Daily Cost Per person, per day $ 63 ₽ 5,802
  • One Week Per person $ 441 ₽ 40,617
  • 2 Weeks Per person $ 882 ₽ 81,233
  • One Month Per person $ 1,889 ₽ 174,071
  • One Week For a couple $ 882 ₽ 81,233
  • 2 Weeks For a couple $ 1,763 ₽ 162,467
  • One Month For a couple $ 3,779 ₽ 348,143

How much does a one week, two week, or one month trip to Moscow cost?

A one week trip to Moscow usually costs around $441 (₽40,617) for one person and $882 (₽81,233) for two people. This includes accommodation, food, local transportation, and sightseeing.

A two week trip to Moscow on average costs around $882 (₽81,233) for one person and $1,763 (₽162,467) for two people. This cost includes accommodation, food, local transportation, and sightseeing.

Please note, prices can vary based on your travel style, speed, and other variables. If you're traveling as a family of three or four people, the price per person often goes down because kid's tickets are cheaper and hotel rooms can be shared. If you travel slower over a longer period of time then your daily budget will also go down. Two people traveling together for one month in Moscow will often have a lower daily budget per person than one person traveling alone for one week.

A one month trip to Moscow on average costs around $1,889 (₽174,071) for one person and $3,779 (₽348,143) for two people. The more places you visit, the higher the daily price will become due to increased transportation costs.

Independent Travel

Traveling Independently to Moscow has many benefits including affordabilty, freedom, flexibility, and the opportunity to control your own experiences.

All of the travel costs below are based on the experiences of other independent travelers.

Moscow is a reasonably affordable place to visit. Located in Russia, which is a reasonably affordable country, visitors will appreciate the relatively low cost of this destination. It is in the top 10% of cities in the country for its overall travel expenses. If you're traveling on a budget, then this is a good destination with affordable accommodation, food, and transportation.

Within Europe, which is known to be an expensive region, Moscow is a reasonably affordable destination compared to other places. It is in the top 25% of cities in Europe for its affordability. You can find more affordable cities such as Novi Sad, but there are also more expensive cities, such as Avignon.

For more details, and to find out if it's within your travel budget, see Is Moscow Expensive?

How much money do I need for a trip to Moscow?

The average Moscow trip cost is broken down by category here for independent travelers. All of these Moscow travel prices are calculated from the budgets of real travelers.

Accommodation Budget in Moscow

Average daily costs.

Calculated from travelers like you

The average price paid for one person for accommodation in Moscow is $40 (₽3,665). For two people sharing a typical double-occupancy hotel room, the average price paid for a hotel room in Moscow is $80 (₽7,330). This cost is from the reported spending of actual travelers.

  • Accommodation 1 Hotel or hostel for one person $ 40 ₽ 3,665
  • Accommodation 1 Typical double-occupancy room $ 80 ₽ 7,330

Hotel Prices in Moscow

Looking for a hotel in Moscow? Prices vary by location, date, season, and the level of luxury. See below for options.

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Transportation Budget in Moscow

The cost of a taxi ride in Moscow is significantly more than public transportation. On average, past travelers have spent $6.14 (₽566) per person, per day, on local transportation in Moscow.

  • Transportation 1 Taxis, local buses, subway, etc. $ 6.14 ₽ 566

Recommended Services

  • Private Transfer from Tangkerang Labuai to Pekanbaru Airport (PKU) Viator $ 41
  • Private Transfer from Pekanbaru Airport (PKU) to Tangkerang Labuai Viator $ 41

Flights to Moscow

Rental cars in moscow, what did other people spend on transportation in moscow.

Typical prices for Transportation in Moscow are listed below. These actual costs are from real travelers and can give you an idea of the prices in Moscow, but your costs will vary based on your travel style and the place where the purchase was made.

  • Two Metro Passes ₽ 135

Food Budget in Moscow

While meal prices in Moscow can vary, the average cost of food in Moscow is $14 (₽1,315) per day. Based on the spending habits of previous travelers, when dining out an average meal in Moscow should cost around $5.71 (₽526) per person. Breakfast prices are usually a little cheaper than lunch or dinner. The price of food in sit-down restaurants in Moscow is often higher than fast food prices or street food prices.

  • Food 2 Meals for one day $ 14 ₽ 1,315

What did other people spend on Food in Moscow?

Typical prices for Food in Moscow are listed below. These actual costs are from real travelers and can give you an idea of the prices in Moscow, but your costs will vary based on your travel style and the place where the purchase was made.

  • Lunch for Two ₽ 550
  • Lunch in the Center Market ₽ 300
  • Breakfast for 2 ₽ 1,000

Entertainment Budget in Moscow

Entertainment and activities in Moscow typically cost an average of $16 (₽1,471) per person, per day based on the spending of previous travelers. This includes fees paid for admission tickets to museums and attractions, day tours, and other sightseeing expenses.

  • Entertainment 1 Entrance tickets, shows, etc. $ 16 ₽ 1,471

Recommended Activities

  • 2 Days Private Tour to See Bull Race and Raflesia Arnoldi Flower Viator $ 250

What did other people spend on Entertainment in Moscow?

Typical prices for Entertainment in Moscow are listed below. These actual costs are from real travelers and can give you an idea of the prices in Moscow, but your costs will vary based on your travel style and the place where the purchase was made.

  • Theater Tickets ₽ 1,150
  • Kremlin Entry (2) ₽ 1,000

Tips and Handouts Budget in Moscow

The average cost for Tips and Handouts in Moscow is $0.25 (₽23) per day. The usual amount for a tip in Moscow is 5% - 15% .

  • Tips and Handouts 1 For guides or service providers $ 0.25 ₽ 23

Scams, Robberies, and Mishaps Budget in Moscow

Unfortunately, bad things can happen on a trip. Well, you've just got to deal with it! The average price for a scam, robbery, or mishap in Moscow is $1.25 (₽115), as reported by travelers.

  • Scams, Robberies, and Mishaps 1 $ 1.25 ₽ 115

Alcohol Budget in Moscow

The average person spends about $7.89 (₽727) on alcoholic beverages in Moscow per day. The more you spend on alcohol, the more fun you might be having despite your higher budget.

  • Alcohol 2 Drinks for one day $ 7.89 ₽ 727

Water Budget in Moscow

On average, people spend $0.70 (₽64) on bottled water in Moscow per day. The public water in Moscow is considered safe to drink.

  • Water 2 Bottled water for one day $ 0.70 ₽ 64

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The Dali was just starting a 27-day voyage.

The ship had spent two days in Baltimore’s port before setting off.

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The side of a large ship, painted blue, with the words “Dali” and “Singapore,” sitting at a port.

By Claire Moses and Jenny Gross

  • Published March 26, 2024 Updated March 27, 2024

The Dali was less than 30 minutes into its planned 27-day journey when the ship ran into the Francis Scott Key Bridge on Tuesday.

The ship, which was sailing under the Singaporean flag, was on its way to Sri Lanka and was supposed to arrive there on April 22, according to VesselFinder, a ship tracking website.

The Dali, which is nearly 1,000 feet long, left the Baltimore port around 1 a.m. Eastern on Tuesday. The ship had two pilots onboard, according to a statement by its owners, Grace Ocean Investment. There were 22 crew members on board, the Maritime & Port Authority of Singapore said in a statement. There were no reports of any injuries, Grace Ocean said.

Before heading off on its voyage, the Dali had returned to the United States from Panama on March 19, harboring in New York. It then arrived on Saturday in Baltimore, where it spent two days in the port.

Maersk, the shipping giant, said in a statement on Tuesday that it had chartered the vessel, which was carrying Maersk cargo. No Maersk crew and personnel were onboard, the statement said, adding that the company was monitoring the investigations being carried out by the authorities and by Synergy Group, the company that was operating the vessel.

“We are horrified by what has happened in Baltimore, and our thoughts are with all of those affected,” the Maersk statement said.

The Dali was built in 2015 by the South Korea-based Hyundai Heavy Industries. The following year, the ship was involved in a minor incident when it hit a stone wall at the port of Antwerp . The Dali sustained damage at the time, but no one was injured.

Claire Moses is a reporter for the Express desk in London. More about Claire Moses

Jenny Gross is a reporter for The Times in London covering breaking news and other topics. More about Jenny Gross

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  1. Yacht Charter Cost: What Can You Expect to Pay?

    Here's a quick overview of the average cost to rent a yacht (not including extra expenses) for the most common types available: Average Weekly Sailing Charter Rates. Sailing Yacht. $10,000-$20,000. Sailing Boats Under 80ft. $20,000-$50,000. Sailing Boats Between 80ft - 120ft. $50,000-$100,000.

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    Depending on the details of your yacht charter, you will need to add between 30% and 100% on top of the base fee to have the total cost of your rental. Here is an idea of the ranges you can expect for the yacht charter base fees: Motor Yachts - Sailing Yachts under 50ft: €4 000 - €15 000 / week. Motor Yacht - Sailing Yachts between ...

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    This contract is often referred to as a "plus all expenses" contract and requires that the charterer pay for fuel, food, beverages and dockage fees as an additional expense outside of the base charter fee. Typically, guests can accumulate an additional 25% to 50% of the base charter fee though this is dependent on what is consumed.

  5. How Much Does it Actually Cost to Charter a Yacht?

    According to luxury yacht brokers Northorp and Johnson, the average price paid by its customers for a week's 'plus expenses' charter was around $152,000 in 2020, which would mean an APA of around $45,600 - not a small sum, so it's definitely something to be aware of when selecting your vessel. A third, less common charter is a ...

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    How much does it cost to rent a yacht per day? Similar to the cost question above, a yacht rental fee per day will depend on where you are renting the yacht, how big the vessel is and where you want to go. You can usually expect to pay anywhere from $5,000 to even double, triple or more than that based on the size of the yacht. ...

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    On average, you'll find yacht charters in Greece starting at a base charter fee of around $20,000 for the week, and if we do our calculation of adding an additional 55% for the APA and all of your extras, you'll be looking at around an all inclusive price of $31,000.

  9. How Much Does It Cost to Charter a Yacht?

    The charter's length, the yacht's size, and the passenger total are often the biggest factors, however. Consider a yacht in Miami that lists at $2,100 for an eight-hour day. Once you add fuel costs, dockage fees, and the captain's gratuity, the total is about $3,300. Since the yacht accommodates 12 people, that's $275 per person.

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    The cost of a fully crewed charter might be around $30,000. The cost to rent a luxury private villa or set of hotel rooms for the same period might range from $20,000 to $30,000 plus. But that's before factoring in the cost of meals, transport, and activities, all of which are included in the charter cost.

  11. Private Yacht Charter Guide 2023

    This usually amounts to roughly 50 - 55% of the base price of the yacht charter cost. This would mean that a private charter yacht in Greece with a base price of $100,000 for the week will cost $155,000 in total. This article will help explain the yacht provisioning rates more . Depending on the above factors, you can usually charter a ...

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    To rent or charter a yacht that is less than 80 feet long, it will cost you around $15,000 to $35,000 per week. Bigger yachts measuring 80 to 120 feet will cost you from $35,000 to $80,000 a week. Catamarans are more expensive to rent. One week in an 80-foot long catamaran will cost you $40,000 to $100,000. Also, the cost of chartering a yacht ...

  13. How Much Does It Cost to Charter a Yacht? (Price Chart)

    An average yacht charter can cost you about $12,500 per week in the high season, while prices are lower in the low season. You can find a comfortable yacht for $10,000 per week in that period. You will have full access to all available amenities while sailing, like: You can charter a yacht anywhere worldwide.

  14. Yacht Charter Cost: The Ultimate Guide to Saving Money 2023

    While it may seem obvious that bigger boats will be more expensive, it is one of the best ways to save money on your yacht charter cost. A 34/35 ft. boat might go for about 2,000€/week, whereas a 40 footer might rent for about 3,200€/week for the same dates. So if you need 3 berths, you'll find a range of options between 34 ft. to 46 ft.

  15. How Much Does it Cost to Rent a Yacht?

    Depending upon whether you're renting for a full or half day, a 51-foot Sea Ray Sundancer with enclosed cabins, onboard cooking, spacious decks and up-to-date electronics and stereo systems can be rented for between $1,959 and $2,443. The rental price generally rises as the size and length of the yacht increases.

  16. How Much Does a Private Yacht Charter Cost?

    That is like asking "how much does a bottle of wine cost?" or "how much does a car cost?" A private yacht charter can cost anywhere from $2,500 per person per week to $50,000 per person per week. Bottom line - it can be as affordable or as grand luxe as you choose. And as long as you let us choose the right yacht and crew for your ...

  17. How Much Does Yacht Rental Cost? (Here's What To Know)

    Short Answer. Yacht rental prices vary widely depending on the size, features, and location of the yacht. Generally, you should expect to pay anywhere from $200-$1000 per hour for yacht rental, depending on the size and location of the yacht.

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    Throughout the course of the show, the yachts have played an important role. Hiring a Below Deck yacht will cost from €140,000 per week - and that price doesn't include expenses such as fuel. While some of the yachts were given an alias over the course of filming, their real names can now be revealed below; as well as the exact cost to rent them.

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    The least expensive yacht to charter (a relative bargain!) is season five's Valor, now BG, costing $146,500 per week. BG hosts 12 guests in its six cabins with a dedicated crew of 10 members.

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  30. Dali Ship That Hit Key Bridge Was Destined for Sri Lanka

    The ship had spent two days in Baltimore's port before setting off. By Claire Moses and Jenny Gross The Dali was less than 30 minutes into its planned 27-day journey when the ship ran into the ...