Chartering Articles

The MYBA – The Worldwide Yachting Association board, has mounted a robust defence of their long-standing charter agreement in response to recent critiques. This agreement, noble in its lineage, has been internationally adopted by the superyacht charter sector for nearly four decades. Other charter contracts, while freely accessible, understandably struggle to reach the level of comprehensive insights accrued over these years of practical deployment.

In a retaliatory strike against assertions of their ‘monopolistic’ behaviour, MYBA reminds critics of the democratic nature of the agreement’s evolution. Representative of various key stakeholder perspectives, amendments to the document spark vigorous debate before acquiescence is secured. Such adept negotiations only enhance the agreement’s appeal, with the latest revision precisely testament to this.