Charting a Course
Many factors influence the charter fee, including seasonality, especially for remote destinations like Antarctica. There are high and low seasons, and notable events, such as large regattas and international film festivals, might also inflate rates within a season or in a region. Other factors include the size of the yacht, its reputation, the experience of its crew and captain, and its amenities. Also, yachts have their own sets of rules and inclusions decided by their owners. Hirers will be charged an “advance provisioning allowance,” which allows the vessel to take on supplies before the charter. Any unused funds will be returned at the end of the trip—but if you’ve hit the champagne harder than anticipated, additional funds may be required, and bonds are often held by charter brokers for such eventualities. In addition to the charter fee, other costs include fuel, harbour fees and dockage, communications, including internet access, and, if you are boarding from more remote areas, a delivery fee. Typically, these costs are combined in a 35 per cent add-on to the charter fee, which in the case of the Hanse Explorer is €135,000 a week.