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Our Bavaria 46 Cruiser, built in 2016 and upgraded in 2022, is a well-equipped and spacious 47-foot sailing yacht — perfect for discovering the beauty of the Ionian Sea. Designed for performance and comfort, she’s offered strictly bareboat, ideal for confident skippers and experienced sailors. With 4 cabins and 3 toilets, the yacht comfortably accommodates up to 9 guests, making her a great choice for families or groups. Features: - Bow thruster for easy docking - Chart plotter, autopilot, and full navigation instruments - Dinghy for shore access and outboard - Bimini and sprayhood for shaded, dry cockpit sailing - Refrigerator, freezer and fully equipped galley - Solar panels for enhanced energy independence We can offer the yacht for less than a full week, as long as the selected days are within the Saturday-to-Saturday period. The Bavaria 46 is known for her stable sailing behavior and ease of handling — making her a favorite among experienced charterers.
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VALIDITY OF THE CONTRACT This charter contract, along with its annexes, constitutes the sole and binding agreement that authorizes the Charterer to operate the Vessel. Any other agreement signed by the Charterer for the use of the same Vessel, whether drafted by brokers or agencies, is invalid and shall not bind the shipowner/manager. In the event that any specific provision of this charter contract is deemed void, the remainder of the contract will remain in full force. Any deviations from this contract must be made in writing. It is expressly agreed that the Charter fee includes VAT, calculated at the rate applicable under current tax legislation, which is subject to change without prior notice or liability on the part of the shipowner/manager. Should there be any modifications to the applicable tax laws after the signing of this agreement, leading to a change in the VAT amount, the difference will be either credited or debited to the Charterer as appropriate. In the event that any agreed payment is not received in cleared funds by the due date, this agreement will be considered canceled by the Charterer. BREACH OF CONTRACT The Charterer, their guests and all crew members are liable for breaches of this charter contract. It is the Charterer's responsibility to inform all guests and crew members of the contract's contents. Any third-party agreements must be made in the Charterer's name, with the Charterer solely responsible for their fulfillment. If the boat is seized due to the Charterer's actions, they must compensate the Shipowner/manager for the duration of the seizure, equivalent to the charter rate. LOCAL FORMALITIES It is a condition of booking that all persons embarking the yacht will in compliance with local regulations provide certain information that will be provided to governmental authorities. The information to be provided will include, but not be limited to, full name (as shown in passport or travel document), gender, date of birth, travel document type, number, country of issue and expiry date and country of residence. Once booking is requested, Charterer will be provided with the (Proforma) Charter Party to sign. Due to legal provisions applicable in Greece, Charterer must also execute locally, a separate charter agreement (“Greek Charter Party”) declared with the local Port Authority before Charterer can take possession of the yacht. Such locally executed agreement shall be in both Greek and English language and of identical terms with the Proforma Charter Party. In the event of conflict between the Proforma Charter Party and the Greek Charter Party, the Proforma Charter Party terms shall prevail and supersede the provisions of the Greek Charter Party. By asking to confirm a booking in Greece, Charterer and Broker(s) agree that Shipowner/manager is acting as agent, duly authorized to sign and execute on their behalf the Greek Charter Party to facilitate timely delivery of the vessel. Charterer accepts the provisions of this clause and agrees to sign the Greek Charter Party upon arrival at charter base. PRICES - PAYMENTS All prices in Euro. Prices & Terms subject to change without prior notice. Extras and items marked are by independent providers, subject to availability, payable by cash/credit card directly by the Charterer at base prior to embarkation, or in advance via Bank Transfer. In the unlikely event of an administrative error leading to an incorrect price being published, we reserve the right to correct it. All payments in Euro. All amounts must be received in full, in cleared funds net of payment / credit card / banking commissions and expenses. CHARTER RATES DO NOT INCLUDE: - Charter Expenses (e.g. standard charter pack, fuel & water consumption, berthing and canal fees, provisioning, charterer’s expenses & extras). - Special Arrangements (e.g. airport pickup & transfers, early check-in, advance provisioning etc.) - Other Insurance (e.g. traveler’s insurance, trip cancellation or curtailment, personal items, skipper’s liability). - Crew (i.e. skipper/cook/hostess). - Water toys, equipment, or services listed as extras. THE SHIPOWNER/MANAGER undertakes to: Deliver the yacht equipped, seaworthy, and ready for sailing, including all necessary safety equipment and navigation documents in accordance with applicable legal requirements. Provide advice on sailing areas to ensure the safety of both the yacht and its crew. If necessary the Shipowner/manager may also conduct a nautical skills assessment of the skipper (sea trial). If, in the Shipowner’s/manager’s indisputable judgment, the Charterer or any crew member lacks the necessary knowledge or nautical skills for the type of boat or the safety of those on board, the Shipowner/manager has the right to prevent the Charterer from leaving the Marina or to require them to immediately dock at the nearest port specified by the Shipowner/manager. In such a case, no refund will be due to the Charterer. Upon request, provide a list of qualified skippers/crew, making it clear that the Shipowner/manager is not responsible for the performance of any skipper/crew hired by the Charterer. It is expressly stated that the Shipowner/manager is entirely unrelated to the employment relationship between the Charterer and the Skipper. Shipowner/manager only assists the Charterer in finding and hiring local freelance crew, without any additional charges or fees. The facilitation of such an arrangement between the Charterer and the freelance crew does not make shipowner/manager responsible for the performance of any services provided by the crew. Shipowner/manager is not to be considered as acting as a crew agent or employer but only as an intermediary connecting the parties. Therefore, shipowner/manager does not make any representations or warranties regarding the crew's services and assumes no liability for any actions, faults, omissions, or negligence on the part of the crew. The Charterer is responsible for arranging crew provisioning in coordination with the crew. If monetary compensation is agreed upon, it shall not be less than €15 per crew member per day. Inform the Charterer of any minor and unavoidable changes to the charter. Monitor the yacht’s usage and condition remotely for safety reasons THE CHARTERER is obliged to: Not use the boat or any teaching activities or practicing, such us sailing lessons, maneuvering, participation in racing. Νot to carry out any repairs without authorization. Sign an inventory list at delivery, acknowledging the yacht's good condition and seaworthiness, thus absolving the Shipowner/manager of liability regarding the yacht’s condition upon delivery. Confirm the skipper's identity and competence for navigation, handling, and mooring, with the skipper co-signing the charter contract. Use the yacht according to the agreed terms, technical specifications, and legal obligations for the entire charter period, assuming responsibility for any damages incurred. The Charterer will have to pay for any damage that occurs to the boat and / or to the crew during the whole charter period under the current rules. The Charterer will ensure all due payments and operational costs (fuel, harbor, fees, etc.) are covered during the charter. Obtain written authorization from the Shipowner/manager for participation in regattas or any nautical events, and for any obligations or liabilities incurred with third parties concerning the yacht. Can act only in his own name and not in the name of the Shipowner/manager for any potential obligations undertaken with third persons related to the Yacht. The Charterer is obliged to compensate the Shipowner/manager with all amounts paid in case of torts committed by the Crew and Passengers of the Yacht during the charter period, any exception excluded. Notify the Shipowner/manager immediately in the event of an accident, following all provided instructions, and not resume sailing without explicit authorization. Sub-Chartering and Assignment Prohibitions: The yacht may not be sub-chartered, nor may any rights under this agreement be assigned to third parties without the Shipowner's explicit written consent. Exclusive Recreational Use: The yacht is strictly for recreational use. The Charterer acknowledges that carrying goods or passengers for payment, or engaging in any commercial or financial activities, is strictly prohibited. CHECK-IN Check-In is mandatory for all charterers The yacht will only be delivered after the full charter fee has been paid, along with the required security deposit. Yacht delivered cleaned, disinfected, full in fuel & water. All Charterers are required to check in, typically between 17:00 and 21:00 on the start date of the charter Upon check-in, the Charterer is required to inspect the yacht and its equipment, confirm the yacht's seaworthiness and that it is in excellent condition, and verify that everything is complete. The Charterer must then sign the inventory list – check-in. The Charterer has the right to note in the comments anything that is not in perfect condition. By signing the inventory list – check-in, the Charterer confirms the yacht's excellent condition and waives the right to make any future claims for anything not noted in the comments during the check-in. During the check-in procedure, the Charterer is welcome to unfurl and inspect the sails on the spot, at their own responsibility. If, however, there is a risk of damage to the yacht or to neighboring yachts due to wind direction or gusts, the Base Manager may request that the Charterer conduct the sail inspection immediately after leaving the marina. In such case, the Charterer is obliged to notify the Base Manager without delay should any damage or irregularity be detected, so that it can be addressed immediately. Check-in and check-out considered part of the charter period. CHECK OUT - DELIVERY The Charterer is obligated to return the yacht on the agreed date, time, and location, in the same condition as received, with all accessories, equipment, fittings, and documents intact. Yacht to be redelivered in same condition as received, full in fuel & water. Should the Charterer fail to return the yacht as agreed due to any reason, including adverse weather ,or there is a delay on disembarkation a penalty fee will apply until the yacht is returned. Additionally, if the yacht is left at a location other than the agreed disembarkation port, the Charterer must cover all costs for transferring the yacht to the designated port, along with a pro-rata demurrage for the transit period, and any damages not covered by insurance. The Charterer is responsible for all expenses related to the yacht’s use during the charter period, including fuel, water, electricity, harbor fees, local taxes, pilotage fees etc. The Charterer must manage the voyage to ensure the yacht is docked at the designated port by 17.00 pm the day before the charter concludes. The charter shall not be considered officially completed upon the conclusion of the initial check-out procedure — including inventory list verification and diving inspection (if applicable) — and the signing of the check-out form. Instead, the charter is deemed officially completed only after disembarkation on Saturday morning, when the Shipowner and/or Manager will conduct a second and final inspection of the vessel to identify any potential damages that may have occurred during the final overnight stay. The Charterer and/or the designated Skipper is obliged to carry out all necessary actions required for the thorough inspection of the vessel during check-out procedures. This includes, but is not limited to, unfurling and inspecting the sails, testing the outboard engine, checking the windlass and anchor operation, and verifying the proper function of all onboard systems and equipment. The Charterer and/or Skipper bears full and exclusive responsibility for any damage that has occurred or is revealed during this inspection process. At the time of check-out, the client must notify the company if they require any documents, photographs, or video material for submission to their insurance provider. Failure to do so at that time may result in the unavailability of such material at a later stage. BOOKING CONFIRMATION Any availability offered is not reserved for the charter client until a booking is placed under these terms: Options are placed upon request, for no more than 3 days unless agreed otherwise. Bookings are confirmed and binding only when: 1. Duly signed Charter Party has been provided, and 2. First payment has been cleared in bank account within the deadlines set in the booking agreement. Shipowner/manager reserves the right to, without any prejudice nor liability and without the obligation for prior notice, treat any booking for which documentation and/or payments have not been provided within the deadlines set forth in the booking agreement and in compliance with agreed terms, as having been cancelled by Charterer. Each booking pertains to a specific yacht and any changes in booking due to unforeseen and unavoidable circumstances are without prejudice subject to written confirmation by Shipowner/manager. Shipowner/manager reserves the right to without prior notice make changes by assigning any booking to another yacht, at any time prior to charter start date, on condition that such yacht shall be equivalent or better. BOOKING TERMS All bookings are subject to these terms, any special booking conditions laid out in Shipowner/manager offer statement and Charter Party Terms which form an integral part of agreement. By requesting to proceed with Booking, Charterer and Broker(s) acknowledge to have read, understood, and agreed to all applicable terms and conditions of booking and of charter. By taking delivery of the yacht, Charterer confirms to have read, understood and agreed to without modification of all Charter Party Terms and assumes full responsibility pursuant to those terms, even if Charterer has not signed himself or at all the Charter Party. OFFER CONDITIONS Yacht’s specification and equipment may vary from those presented on the internet or on any promotional material. Actual yacht & equipment details are valid only as listed / described in the specific offer statement provided by Shipowner/manager in response to each inquiry for charter. Information, demonstration models, information sheets, brochures, catalogues, webpages etc. are only of an indicative nature and may, in no event, be considered as firm offers or legally binding elements. Photos and videos of yachts on webpages are merely indicative as to the type and model of the yachts offered and not contractually binding. Shipowner/manager makes every effort to update and/or add booking calendar and yacht details and content to its website and B2B booking engines as often as possible. Despite this care and attention, it is possible that content is incomplete and/or incorrect. Specifically, the prices and other information on our websites, on B2B booking engines and on our offer statements are subject to the probability of typing errors and/or programming mistakes. One cannot claim an agreement with Shipowner/manager based on such errors. In the context of each Booking /Charter Agreement, all persons permitted aboard the vessel by the Charterer during the charter period shall be deemed vicarious agents of the Charterer. Shipowner/manager will however deal only with the Broker and the Charterer who will also be the lead name in all subsequent correspondence, including changes, amendments and cancellations DOCUMENTATION Only documentation (e.g. offers, forms, contracts, checklists etc.) issued by Shipowner/manager can be accounted for as official proof of the conditions of each charter. Guest comments and evaluations on such forms are to be accounted for a testimony on the services provided.. Shipowner/manager retains the right to completely disregard any documents/forms etc. not issued by Shipowner/manager. SAILING QUALIFICATIONS No licensing is required by charter clients for skippered or crewed charters. The Charterer must adhere to minimum and maximum crew requirements, ensuring safety and legal compliance. Bareboat charters in Greece mandate that there must be at least one certified sailing yacht skipper and one experienced crew member, both over 18 years old. Licensing requirements for bareboat charters in Greece are summarized to those applicable for offshore, open sea sailing (>12nm) during day & night and any certification must be in English. The skipper should be competent at handling a yacht in confined quarters, anchoring, berthing and mooring in varying conditions and be able to use navigation and pilotage skills to ensure safety of yacht and of all passengers and materials into account, at all times. Sailing at night and anchoring must be executed with caution, ensuring the yacht is securely anchored in safe waters. Continuous surveillance is obligatory. If the license is deemed insufficient or if the skipper's skills are judged inadequate by the Shipowner/manager, vessel documents may be withheld. Additional certifications, such as a VHF license, may also be required. Subject to change without prior notice or responsibility, the minimum requirements for skipper licensing pertain to having at least one of the following: ICC SAIL (International Certificate of Competence) IPC (International Proficiency Certificate), America USA-US Sailing “Bareboat Cruising Course”, ASA “104 Bareboat Cruising Course” or above NauticEd SLC (International Sailing License & Credentials), International Germany - Sportbootführerschein Belgium - Algemeen Stuurbrevet/Brevet de conduite general France – le permis plaisance Other national sailing certificates as well as ASA, The NauticEd SLC, IYT, RYA etc. certifications may be accepted but a sailing experience declaration may be required by the local Port authorities for the skipper or co-skipper. The Charterer agrees to the following: Navigate only within approved areas. Unauthorized entry into forbidden zones incurs penalties and may void insurance coverage. Operate the yacht within their or the designated Skipper's qualifications, adjusting sail area according to wind strength to avoid damage. Obtain Shipowner's/manager’s authorization before bringing on board any sports equipment such as windsurf boards, surfboards, kite surf gear, or canoes, and before engaging in water skiing or similar activities, even with the dinghy. Not use the boat or any teaching activities or practicing, such us sailing lessons, maneuvering, participation in racing. Not tow or be towed by other vessels, except in emergencies or with Shipowner's/manager ‘s consent. Only have animals on board with Shipowner's permission. Use interior and exterior cleaning materials that won't damage the yacht and will not flush materials or objects down the toilets. Use the yacht lawfully, absolving the Shipowner/manager from liability for any illegal activities conducted on board by the Charterer or crew. Turn off the engine if improper trim impedes cooling system function, check oil levels every 10 engine hours (only adding oil with Shipowner's consent), monitor battery voltage to ensure it stays above 12 volts, and daily check the engine's cooling liquid level with a cold engine. Not sail if the yacht has essential damage requiring repair for safe navigation, leave the harbor or anchorage without adequate fuel reserves, or smoke below deck. Follow all operational procedures provided at embarkation, obey Port Authority orders regarding weather and sea conditions (avoiding sailing in seas over force 5 Beaufort or when dangerous conditions are forecasted), and not remove any yacht equipment without Shipowner's approval. The Shipowner/manager reserves the right to mandate a professional skipper if the Charterer’s sailing skills or qualifications are deemed insufficient, ensuring safety and compliance with local regulations. CHARTERER CANCELLATION In any event of cancellation, Shipowner/manager guarantees that in case the yacht is re-let under same conditions (i.e. charter period, price etc.), any payments received will be credited for use on future charter booking. Credit can be used only for future charters embarking no later than October 30th of the following year Cancellation up to 60 days before the charter: Deposit retained, contract can be withdrawn from with no further charges. Cancellation within 8 to 4 weeks before the charter: 60% of the charter fee charged. Cancellation within 4 weeks to the charter date: 80% of the charter fee charged. Cancellation less than 4 weeks to the charter date: 100% of the charter fee charged. No-show cancellation: 100% of all amounts including charter price, mandatory/optional extras and any crew is due. A minimum fee of 500€ applies to all cancellations. Cancellations must be communicated in writing to the designated email and confirmed by the Shipowner with a cancellation number. If the Charterer cannot use the yacht for any part of the charter period for reasons on their part, no refunds are given. For cancellations during peak season (July 1st to August 31st), the Charterer also covers the mooring fees. If the Charterer chooses to terminate the charter early, no refunds are provided for any unused portion of the charter. CREW ARRANGEMENT Notification to Shipowner/manager must be written. Cancellation 1 to 6 weeks prior to departure: Amount due/ retained 60% of total price. Cancellation on date of departure: Amount due/ retained 100% of total price. SAFETY PROTOCOL AND OPERATOR RIGHTS The Owner and/or the Managing Company reserve the right, at their sole discretion, to subject the Charterer and/or the designated Skipper to a sea trial prior to departure. This trial aims to assess the Skipper’s or Charterer's competence and skill in safely handling the yacht. Should the Owner or Manager, based on reasonable judgment, determine that the individual lacks the required experience or ability, they reserve the right to deny departure for safety reasons. In such a case, the total charter fee shall be refunded minus any administrative, preparatory or other costs incurred. The Owner and/or Managing Company maintain the right to reassign the yacht’s berth or designated marina, at any point before or during the charter, if such change is deemed necessary to facilitate a safer departure, arrival, or berthing. These changes may also be made to improve operational efficiency or comply with port authority instructions, always with the aim of ensuring the safety of persons and the vessel. The Owner and/or Managing Company may board experienced company crew members to assist or perform complex maneuvers (including departure, berthing, or docking), especially when safety may be compromised. Such personnel shall act solely in the interest of the safe operation of the yacht. The Charterer and/or Skipper are obligated to fully comply with the instructions of the Owner, Managing Company, and Port Authorities, particularly concerning departure/arrival times and berthing points. At no time shall they act autonomously or contrary to these instructions in relation to the departure, entrance to port, or docking procedures. If the Charterer or any members of the group repeatedly ignore or delay the instructed boarding or departure time, thereby putting at risk the timely arrival and berthing of the yacht at its designated destination, and after receiving multiple notices with flexibility exercised, the Skipper reserves the right to proceed without those individuals. In such cases, no financial compensation or claim may be made against the company or the Skipper. In the case of a bareboat charter (without a professional company skipper), where the Charterer fails to follow operational instructions, the Owner and/or Managing Company reserves the right to impose a penalty fee proportionate to the severity of the incident caused, or to any third-party fines incurred (e.g., from marina operators, port authorities, or coast guard). YACHT DISABLEMENT OR TOTAL LOSS If a substitute yacht of lower value or quality is provided, the Charterer shall be entitled solely to a partial refund representing the reasonable difference in charter value between the original and the replacement yacht. Such difference shall be calculated exclusively based on the official charter rate list of the Shipowner/Manager at the time of booking and in accordance with the Shipowner’s/Manager’s professional judgment, which shall not be subject to dispute or challenge by the Charterer. No further compensation, cancellation, or claims shall be made by the Charterer under such circumstances, and the Charter Agreement shall otherwise remain in full force and effect. In case there is no boat available all amounts collected shall be due for immediate reimbursement, without interest. Alternatively, the charter may be rescheduled by mutual agreement. It is clearly agreed that lacking a substitution vessel does not constitute breach of terms by Shipowner/manager. Shipowner/manager in any such case will make best effort to provide substitution vessel, but neither Shipowner/manager, nor Broker are liable to ensure availability of a substitution vessel nor to indemnify the Charterer for consequential damage (as for example for travel and/ or accommodation costs) incurred by Charterer. For the purpose of clarity, it is expressly stated that a yacht charter is a stand-alone sea service; it is neither a travel package nor a linked-travel arrangement. Shipowner/manager is under no contractual obligation or legal liability, to provide the Charterer with a replacement boat or to pay any compensation in the event of disablement/immobilization or total loss of the yacht during the charter, by reason attributed to Charterer. In the event of damage, breakdown, or accident, the Charterer must promptly inform the Shipowner/manager and may continue sailing only if it doesn't exacerbate the situation, subject to Shipowner's/manager’s approval. Unauthorized repairs are prohibited. If the yacht becomes unusable due to machinery breakdown etc. after the check-in, not caused by the Charterer, Shipowner/manager will provide a credit for future charters for as long as the damage lasted or a pro-rata extension of the current charter. Any payments received will be credited for use on future charter booking. Credit can be used only for future charters embarking no later than October 30th of the following year. Immediate written notice is required for any claims. Notice of disablement cannot be deemed to have been received by Shipowner beyond office hours (09:00 am till 17.00 pm). If due to unforeseen circumstances a safety issue arises, the owner/manager has the right to cancel the charter or recall the yacht. If the problem was not caused by the Charterer, Shipowner/manager will offer a credit towards future charters or a pro rata extension of the current charter. COMPLAINTS & ASSISTANCE If after delivery of the vessel to the charterer we receive complaints about the presence of bugs, mice, cockroaches or any other pest the company will take care to help eliminate them, but cannot be held responsible. Any claim for compensation or change of boat will be rejected as the boat was delivered checked and free of the above. We strongly recommend a thorough inspection of the vessel by the charterer prior to departure and full recording of any observations. Any issue that has not been communicated to the company in writing during the cruise in order to give the company the opportunity to assist and the issue leads to a claim for compensation will be rejected. Charter clients requiring assistance whilst away should inform the Shipowner/manager without undue delay, then he will endeavor to put things right. On condition that the Charterer will cooperate in such efforts, Shipowner/manager will strive to provide help for any technical issue but understandably this may not be feasible in remote locations. In any case that the Charterer fails to either respond to communications or to comply with the instructions provided by Base Manager, the Charterer shall forfeit any right to complaint. Shipowner/manager reserves the right to disregard any complaint which pertains to a condition that could be remedied during the charter and for which Charterer and/ or Skipper have failed to comply with the instructions and requirements of Shipowner/manager or base manager necessary to remedy the cause of complaint. Charterer/Skipper do in such case forfeit any right to claim any compensation due to the complaint. In cases of complaints, notice must be given to Shipowner/manager as soon as possible by written communication specifying the precise nature of the complaint and not after the charter period has ended. Any claim or complaint received after charter period, may be disregarded. SECURITY DEPOSIT Before embarkation, Charterer will deliver at Charter Base a Security Deposit of such amount as listed on pricelist and confirmed by offer statement. The security deposit is only acceptable in cash, credit cards (VISA or MasterCard) or via bank transfer. For bank transfers, Charterers must inform the boat owner of their bank details to enable the refund of the deposit at the end of the charter, contingent on the security deposit being cleared. If the security deposit is paid by card, the transaction fees will be charged to the customer. The Security Deposit is applicable per insured event (damage or loss). Should an incident covered by the Security Deposit occur during the charter, the Charterer must replenish the Security Deposit to the initial amount to continue the charter, having sufficient coverage for any other incident. In any other case, Shipowner/manager retain the right to treat the charter agreement as having been breached by Charterer and end the charter. At the end of charter, such deposit shall be refunded to Charterer, without interest, if not required to be used for any liability, indebtedness, loss, or damage caused because of any breach of booking conditions or because of any damage or loss caused to the yacht or its contents, by the charter clients and skipper. If required to be used for an amount of liability, indebtedness, damage or loss which is less than the Security Deposit, Charterer shall be refunded, as relevant, part of the Security Deposit as soon as reasonably possible after the damage has been repaired or the repair costs have been ascertained or the liability, indebtedness or loss has been settled or ascertained. In the event of any disagreement over liability, damage or loss, Shipowner/manager shall retain the relevant. Security Deposit paid until the dispute is resolved. Retention of the security deposit will not in any way limit or prejudice any claim over and above the sum of the security deposit paid, where the loss or damage was in excess of the security deposit and was either caused by or pertains to illegal actions, or fraudulent behavior, or gross negligence or reckless conduct of Charterer or where under any circumstances the insured under the yacht’s insurance policy will not receive full compensation of loss or damage suffered, due to Charterer’s actions or omissions. The Charterer shall then remain liable for the balance of any such losses or damages incurred over and above the sum of the security deposit by Charterer. In the case of a skippered bareboat charter, the payment for the skipper will be included as part of the security deposit. The Charterer must ensure the remainder of the deposit is fully covered. For customers protection in such cases Security Deposit Insurance option is available. YACHT INSURANCE All yachts are insured in fulfillment of Port State regulations against all accidental damage including damage to third parties. Insurance does include cover for Yacht Hull, Machinery, and Equipment as well as for Third Party liability. Theft or loss of personal belongings of any persons aboard, likewise all accidents of charter travelers, are excluded from the scope of this insurance. Yacht insurance may not cover an insurable event caused or connected to willful misuse, gross negligence, fraudulent behavior, illegal activity, breach of charter terms (including any indebtedness created by non-payment of repairs or of refueling or of berth dues etc.). The insurance cover includes a deductible provision which applies per insurable event, hance an excess security deposit to be borne by the Charterer. The yacht is insured according to Greek Legislation, covering various risks while ensuring compliance with legal requirements. However, the Charterer is responsible for any damage, loss, or liability caused by their negligence or actions, or those of their guests, which are not covered by the Shipowner's insurance. This includes, but is not limited το damage resulting from: Operating the boat without proper authorization or a qualified Skipper. Use of the boat under the influence of alcohol or drugs. Engaging in prohibited activities like waterskiing, towing parachutes, climbing, or hang gliding. Sailing in areas restricted by the contract. Non-compliance with navigation rules. Use of the yacht outside the agreed charter period or after the designated return time. Breaches of contract obligations due to negligence will result in the Charterer's liability for damages to the yacht or crew and may void insurance coverage. Penalties include but are not limited to redelivery and disembarkation delays, navigation violations, maintenance neglect, condition upon return (leaving garbage onboard, not refilling water or fuel tanks, leaving the yacht in extremely dirty condition etc.), clogged toilets. The Charterer cannot seek compensation from the Shipowner/manager for any third-party damages caused by their fault. Except for yacht insurance stated above, no other insurance is included. For the purpose of clarity and without limitation, it is expressly stated that the yacht charter does not include Skipper Liability, Travel, Personal Items, Personal Accident, Trip Cancellation or Trip Curtailment insurance. It is strongly recommended that all persons embarking the yacht will have obtained adequate and valid travel insurance and that skipper obtains Skipper’s Liability insurance. Charter travelers can enjoy from third parties integrated protection charter packages enhanced with securing for travel cancellations and travel interruption. LIABILITY Charterers acknowledge the inherent risks of yacht chartering, assuming full responsibility for their safety and actions. It is the charterer's duty to disclose any conditions that may affect their ability to safely participate in the charter. The shipowner/manager is released from liability for any incidents stemming from undisclosed health or physical limitations. In agreement with the services provided, charterers waive the right to pursue any claims beyond the charter fee paid, excluding cases of direct negligence or willful misconduct by the shipowner. The shipowner and its affiliates are not liable for any damages, injuries, or losses incurred by charterers or their property that arise from acts beyond the shipowner's control, including but not limited to equipment failures or the actions of independent suppliers. Charterers participating in activities outside the charter itinerary do so at their own risk and are advised to address claims directly with third-party suppliers. The shipowner's liability is further limited by applicable international conventions, ensuring that any compensation aligns with these standards. All implied warranties or conditions not explicitly stated in the charter terms are hereby excluded to the fullest extent permitted by law. MEDIATION / ARBITRATION - APPLICABLE LAW • This contract is governed by Greek Law, with the Greek version taking precedence over translations. Parties aboard the vessel are considered agents of the Charterer, with their signatures binding. Brokers serve solely as mediators. A separate charter agreement, compliant with Greek legal provisions and in the shipowner's country language, must be filed with the local Port Authority before vessel delivery. • Should disputes arise, they're to be resolved through arbitration in Greece, with each party appointing an arbitrator and, if necessary, a deciding umpire. Disputes are to be settled in English, and in case of legal proceedings, Greek jurisdiction and the shipowner's country's law apply.