MYBA Charter 2025 Terms - Key Changes, Risks & Charter Disputes
Speaker
Introduction
The MYBA Charter 2025 Terms introduce important amendments that practitioners advising on super yacht charters need to understand. With charter arrangements becoming increasingly complex, even small changes to the contractual framework can have significant practical consequences when a charter does not go to plan.
This short webinar will examine the key amendments introduced by the 2025 Terms and consider how they affect the negotiation, operation and management of super yacht charters in practice. It will also explore the key legal and practical issues that can arise when disputes, cancellations, delays or other problems affect a charter.
By the end of the webinar, you will have a clearer understanding of the updated MYBA framework, its practical implications and the key issues to consider when advising clients in the super yacht sector.
What You Will Learn
The webinar will cover the following:
- Key changes introduced by the MYBA Charter 2025 Terms and their practical significance
- How the revised terms may affect the rights, obligations and liabilities of Owners and Charterers
- The key contractual provisions practitioners need to consider when a charter dispute arises
- The potentially serious and in some cases commercially critical, consequences of failing to comply with the Charter Terms
- Practical strategies for protecting an Owner or Charterer’s position when a dispute arises
- Real-world examples illustrating how the MYBA Charter Terms operate in practice and the lessons for practitioners