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Old 18-10-2013, 21:29   #1
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Post Charter in Europe or Caribbean?

I am a Canadian looking to offer my catamaran for skippered charters. I have no experience with this, so I am unsure where to start.

What are the chartering industries like in the Caribbean vs. Europe? Do I owe any "dues" to the country that I am chartering in/near (if I charter to Canadians vs. other nationalities)?

How do you market your boat as available for chartering?

What kind of insurance and qualifications do I need as the Captain? What standards does my boat have to satisfy?

Any tips would be greatly appreciated!

Thanks!
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Old 21-10-2013, 09:00   #2
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Re: Charter in Europe or Caribbean?

The answers to all of the questions that you ask are going to vary from one country to another. In many countries, as a starting point, you are going to need a business license, commercial insurance, and some sort of certification as a captain.

I have not chartered in Europe, so I don't know what the market is like there. There are, of course, a whole lot of boats that get chartered every year in the Caribbean.

I think the main thing to remember is the old saying about how to make a small fortune in the charter business... Start with a large fortune.
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Old 21-10-2013, 11:43   #3
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Quote:
Originally Posted by donjobs View Post
I am a Canadian looking to offer my catamaran for skippered charters. I have no experience with this, so I am unsure where to start.

What are the chartering industries like in the Caribbean vs. Europe? Do I owe any "dues" to the country that I am chartering in/near (if I charter to Canadians vs. other nationalities)?

How do you market your boat as available for chartering?

What kind of insurance and qualifications do I need as the Captain? What standards does my boat have to satisfy?

Any tips would be greatly appreciated!

Thanks!
This is a minefield , and is very country specific. Basically you must abde by your flag state rules for commercial chartering , and then you cannot seek local third country chartering work. Some operations like sailing schools get around this by ensuring all financial transactions occur through your flag state office address and currency. Hence you cannot pick up " dock charters "

It's very common in the med to see UK MCA coded commercial charter yachts , picking up clients locally, however these clients have bought and paid for the charter through the UK registered office of the charter. Every now and then the local country inspectors yet snotty and clamp down on out of country chartering

The specifics of what you need will depend on the flag state. In the UK for example the boat needs to be coded and certified by the MCA as a commercial yacht. The skipper would have ( though doesn't need to have) a commercially endorsed RYA yacht aster offshore cert , and the appropriate business insurance.

This is on top of normal business issues , tax , etc

Dave
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