What is APA on a yacht charter?
APA stands for Advance Provisioning Allowance. It is a running-cost float, normally 25 to 35 percent of the base charter fee, paid before you board and spent by the captain on your behalf.
APA covers fuel, food, drink, dockage, port fees, laundry and anything else consumed during the week. The captain keeps the receipts, gives you a running account, and the unspent balance is returned to you at the end of the charter. If you spend beyond the float, and long passages burn fuel while marina nights in Nassau are not cheap, you top it up during the week. APA is not a fee and it is not profit for the yacht or the broker. It is your money held in advance.
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