The cancellation policy of Cretan Yachts is clearly described in the charter conditions of the contract (charterparty) as below:
a) For bookings cancelled 99 days or more before departure then 3% (dossier's expenses) or minimum 300 Euro are retained.
b) For bookings cancelled 98-60 days before departure then 30% of the yacht fees are retained.
c) For bookings cancelled 59-30 days before departure then 50% of the yacht fees are retained.
d) For bookings cancelled 29-0 days before departure then 100% of the yacht fees are retained.