AYCA Charter Contracts, developed by the American Yacht Charter Association. There are two types of AYCA contracts; “Uninspected” and “Bareboat/Services,” which are a couple of chords. In short, coronavirus affects our daily lives in unpredictable ways. If you have pending charter contracts, you should carefully check your agreement and insurance to determine if they provide for an appeal during this period. If you are concerned that your charter may be affected by coronavirus and want advice on your particular situation, Robert Allen Law remains fully operational and his lawyers are available to you at this difficult time. Both the Mediterranean Yacht Brokers Association (“MYBA”) Standard Charter Agreement and the American Yacht Charter Association (“AYCA”) Recreational Bareboat Charter Agreement have provisions on the case of force majeure. The force majeure provisions contained in the two agreements are similar, as are the contractual consequences in the event of force majeure. o The owner/captain would be required to reduce his losses, including the attempt to re-lease the vessel and obtain a refund for all provisions received. Overall, charter contracts are there to cover all contingencies and work for each point within it, to define for both the charterer and the yacht owner an agreed solution in the event of an unforeseen event. Events resulting from an unforeseen pandemic (such as COVID-19) that could prevent a party from meeting a contractual obligation would be qualifying and perishing directly in that language of the contract. This would mean that under both the MYBA Standard Charter Agreement and the AYCA Recreational Bareboat Charter Agreement: both owners and charterers should review their insurance policies to determine if insurance coverage is available.
By Christopher Anderson and Stephanie Parra, Robert Allen Law Luxury Yacht Charter are booked by a charter yacht contract. Once you have decided to plan and book a luxury yacht holiday, you must sign a yacht rental agreement to book the yacht. o If the vessel is limited to the port or is no longer able to sail otherwise due to the eruption, the charterer could argue that the vessel has been deactivated to “prevent proper use.” This is probably a rising fight. There are a number of standard contracts that are used regularly in the inhabited yacht rental industry. The usual types of contracts are: Caribbean contracts that were developed by the Charter Yacht Brokers Association. The MYBA agreement defines “force majeure” as “any cause directly attributable to acts, events, non-events, omissions, accidents or acts of God outside the proper control of the owner, crew or charterer (including strikes, lockouts or other labour disputes, civil unrest, disturbances, terrorist acts, blockade, invasion, war, fire, explosion, sabotage, storm, collision, grounding, fog, fog, fog, government or regulation, contaminated fuel, large mechanical or electrical failure outside the control of the crew and not the lack of maintenance and/or negligence of the owner or crew).