Money paid in advance to cover running costs during a yacht charter, such as fuel, food, drinks, and port fees. The captain manages the spending and returns any unused balance after the trip.
Money paid in advance to cover running costs during a yacht charter, such as fuel, food, drinks, and port fees. The captain manages the spending and returns any unused balance after the trip.
APA is an advance payment made before a yacht charter starts. It is used to cover expenses that depend on how the yacht is used during the trip, such as fuel, food, drinks, and marina fees.
The captain controls the APA and keeps records of all spending. At the end of the charter, the client receives a detailed report. Any unused amount is refunded, and if costs are higher, the difference is paid by the client.
Key points:
Example:
If you cruise more hours and visit more locations, fuel costs increase and more APA is used.
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