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Sailing Towards Excellence: CYBA and MYBA Contributions to the Yachting Industry

by Federico Lopez on Apr 03, 2024

Sailing Towards Excellence: CYBA and MYBA Contributions to the Yachting Industry

In the dynamic world of luxury yacht charters, the Charter Yacht Brokers Association (CYBA), and the Mediterranean Yacht Brokers Association (MYBA) stand as pillars of excellence, shaping the standards that define the industry. Through their unwavering commitment to professionalism, these organizations have played instrumental roles in elevating the yachting experience for enthusiasts and aficionados worldwide.

CYBA: Championing Excellence in Global Yacht Charters

Established in 1982, CYBA has played a pivotal role in shaping practices that govern yacht charters in the Caribbean and beyond. Committed to a strict Code of Ethics, CYBA promotes fiduciary responsibility, sponsors educational programs for its members, and acts as a liaison between its charter community and industry-related groups.

CYBA's commitment to education and training initiatives has empowered its members with the knowledge and skills necessary to deliver exceptional service and memorable experiences to charter clients. Through workshops, seminars, and certification programs, CYBA ensures that its members remain abreast of industry trends, regulations, and best practices, thereby enhancing the overall quality of the charter experience.

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The Mission of CYBA (Charter Yacht Brokers Association, International, Inc.) is to promote and maintain a high degree of Professionalism within the Yacht Charter Industry.

One of CYBA's most recent achievements is its steadfast commitment to environmental stewardship and sustainability. Recognizing the fragility of marine ecosystems and the importance of responsible tourism, CYBA encourages its members to adopt eco-friendly practices that minimize environmental impact and preserve the natural beauty of cruising destinations.

Another of CYBA'S key contributions to date was in the 2020 development of a new standard Caribbean All-Inclusive charter contract, now widely used throughout the industry. This was an enormous accomplishment, given the variety of viewpoints of key stakeholders which included yacht owners, managers, and brokers representing client perspectives. 

It is worth mentioning that Ritzy Charters Founder and Sales Director Germán Liubitch is the current President at CYBA. Germán opened the doors of Ritzy Charters in 2012 and joined CYBA shortly thereafter. 

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Germán Liubitch served as a Treasurer for CYBA in 2019 and 2020, and Vice President in 2021 and 2022. Last year he took up the challenge of CYBA leadership as President and looks forward to continuing to contribute to the industry.

At Ritzy Charters, Germán has built a team of talented brokers who provide world-class and trustworthy customer service. Clients can take comfort in knowing that they are entrusting their vacation dreams to a company that values integrity, expertise, and dedication. 

MYBA The Worldwide Yachting Association: Excellence in Mediterranean Yacht Charters

Since its inception in 1984, MYBA The Worldwide Yachting Association has been at the forefront of promoting excellence and professionalism within the Mediterranean yacht charter market, ensuring that every charter experience exceeds expectations in terms of quality, safety, and service.

One of MYBA's most notable achievements is the development of standardized contracts and agreements that provide clarity and transparency for both charter clients and industry professionals. The MYBA Charter Agreement, widely regarded as the gold standard in yacht charter contracts, serves as a blueprint for fair and equitable transactions, safeguarding the interests of all parties involved.

Moreover, MYBA organizes prestigious events like the MYBA Charter Show, an annual gathering where industry stakeholders converge to showcase the latest in yacht designs and charter offerings. This platform not only facilitates networking opportunities but also fosters innovation and collaboration within the industry.

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The 33rd edition of the MYBA Charter Show took place in beautiful Barcelona, Spain from April 24 to 27. Superyacht Curiosity was one of the gems displayed in the latest event.

As discerning travelers embark on voyages of luxury and adventure aboard charter yachts, the role of industry associations like MYBA and CYBA cannot be overstated. Through their unwavering commitment to professionalism, ethical conduct, and industry excellence, these organizations serve as custodians of the nautical lifestyle, ensuring that every charter experience is marked by quality, integrity, and unparalleled service.

If you are seeking to book a yacht charter with a reputable and trustworthy broker, let our experienced team of brokers guide the process for you and curate the perfect holiday ever!