Dear fellow charter broker:
The Charter Yacht Brokers Association (CYBA), established in 1980 and dedicated to
the elevation of the yacht charter industry to the highest degree of professionalism and
ethics, offers numerous advantages to its members including advertising, website
inquiries, trip cancellation insurance and, of course, use of the CYBA Trust Account at
State Street Bank in Boston for the protection of your client’s deposit funds. A Plethora
of other benefits are available as well.
To become an Active Member of CYBA with full voting rights, permission to display the
CYBA logo in advertising and to enjoy many other privileges available through your
membership, a broker must have a minimum of two years in business, have attended at
least two recognized yacht charter shows in the last calendar year, have the sponsorship
of at least two active CYBA members and be endorsed by three Clearing House and/or
Management firms. Proof of other procedures related to accepted business practices is
required. Annual dues for Active Membership are $125 + a one time application charge
If you do not qualify under these conditions for full active membership, you are invited to
join our mentor program as an Associate Member. An experienced CYBA member will
be assigned to assist you until you qualify for full membership. Annual dues for
Associate Membership are $50 + a one time application charge of $30.
If you are not a yacht charter broker, but are with a firm or a service working within the
industry that is related to the yacht charter industry, such as a publication, management
firms, marine insurance agent, etc., you could be eligible to become an Affiliate Member.
Annual dues for affiliate membership are $125 + a one time application charge of $30.
The enclosed Membership Application outlines our goals and qualification requirements
for various types of membership. To access the roster of the CYBA members to enable
you in contacting brokers you wish to sponsor you, pl