Should the charterer cancel a charter, the standard industry procedure is that charter moneys are refunded to the client only if the charter dates are re-booked.   If the dates are partially re-booked the charter deposit is refunded on a pro-rata basis.  If the charter is not re-booked the owner is paid the charter deposit less commissions.   If the yacht must ever cancel or otherwise default on a charter, the commission on the canceled charter is considered an earned fee and is owed to the charter broker by the yacht, as stated in the charter contract.

AUTHORITY TO CHARTER CONTRACT...
Our "Authority To Charter Con­tract” allows Nicholson to act as charter agent for your yacht and so manage the charter calendar.

RATES FOR YOUR CHARTER YACHT...
We at Nicholson would be pleased to assist in determining suitable rates for your yacht.  With our many years in the charter business, we have an ideal perspective on what rates the market will bear.

CREW...
If needed, Nicholson can  assist with finding crew for your yacht.  We fully understand how important a good crew is to the success of a charter yacht and keep current resumes on file of experienced charter crew.

BOAT SHOWS & BROCHURE...
The two most important keys to a successful charter yacht are a good brochure and participation in a major charter yacht show.

Each December Antigua (formerly the Nicholson's) hosts the oldest and largest charter yacht show in the world, in the historic Nelson's Dockyard in English Harbour, Antigua, West Indies.  The world’s finest charter yachts from 50’ to 200’ plus, along with hundreds of charter brokers and press agents attend The Annual Show.

Other important charter shows are the International Yacht charter Meeting in Genoa, Italy in May and the Annual Newport Charter Show in Newport, Rhode Island.  Additionally there are two charter shows in the Virgin Islands each year in early November.

The importance of your yacht participating in a charter yacht show simply cannot be over emphasized.  It gives charter brokers an opportunity to inspect your yacht first hand and to get to know the crew.  A charter broker generally will not offer a yacht to a client unless the broker has seen the yacht and met the crew. If you page through any yachting magazine, the best charter brokers advertisements always include a statement indicating that the brokers have inspected all the yachts they offer for charter. Your yacht's success in charter therefore depends on regular participation in charter yacht shows.

In spite of the excellent exposure available on our web sites & other electronic media, a good printed brochure for your yacht is still mandatory.   Upon request, we can provide information on top notch brochure producers & photographers.  We can also provide you with information for putting together a good brochure for your yacht.  Note:  It is important to leave a space on your brochure for charter brokers to place a stamp or sticker with their company's contact information.  Please do not print any other contact information on your brochure.   In addition to the brochure we suggest an insert with profile & color photograph of the yacht’s crew and perhaps a sample menu from the chef.

Please keep in mind that a yacht’s crew is a very important selling point in offering a yacht to a valuable client -- equally as important as the yacht itself.

Nicholson clearinghouse services include managing your yacht's schedule of charters, maintaining accurate information on our web sites as well as MYBA Net and the CDI Guide, mailing brochures and emailing "Nicholson E-News" and faxing updates to a worldwide network of charter brokers.