Q

QUESTION:

I've been doing some research online about booking a luxury yacht charter and I keep coming across the term MYBA. I have no idea what it stands for or what it means. Please can you explain it?

ANSWER:

Editorial Team

MYBA is the Mediterranean Yacht Broker Association that was created in 1984 to bring together the superyacht industry professionals under the highest ethical and technical standards. Renamed MYBA The Worldwide Yachting Association a few years ago, MYBA has had a significant role in the superyacht industry over the past 30 years, in the fields of sales brokerage and charter especially. It works closely with Government Organisations, Coastguards, the International Maritime Organisation, and all actors in the industry to make it better. Both the MYBA Charter Agreement and the MYBA Memorandum of Agreement have been developed over the years and provide an industry standard throughout the world. More details on the association website : www.myba-association.com

 

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