engleski

Yacht Charter Party Agreement According to Croatian Law

Amendments to the Maritime Code of 2018 regulate, among other things, certain issues in the field of nautical tourism, and thus create conditions for sustainable development and greater legal certainty by facilitating the business activities of the yacht chartering companies, whilst ensuring a fair balance between the contract parties. The paper gives an interpretation of the new statutory provisions regulating the yacht charter party agreement. This is the first time that yacht charter agreement is regulated as a nominate contract under Croatian law. Yacht charter party agreement is a contract by which the owner undertakes to deliver a yacht or boat to the charterer for the purpose of recreational navigation, and in return, the charterer is obliged to pay hire. The contract is concluded for a specific period. Yacht charter party agreement frequently includes accommodation of persons on the chartered vessel. Vessel can be chartered with or without crew. The authors discuss the legal definition and essential elements of the contract, rights and obligations of the contract parties, their contractual liability and termination of the contract. The analysis leads to a conclusion that the statutory regulation of the yacht charter party agreement is a step forward that should contribute to the predictability of legal protection of the parties involved, a uniform judicial interpretation of these contracts, and to the improvement of yacht charterers’ business practices.

Amendments to the Maritime Code of 2018 ; yacht charter party agreement ; contract parties ; contractual liability

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