I came down to Panama City last fall and had a remarkable day sailing. There were four of us and the Captain only charged us $33.00 apiece. It included a cont. bkfst. and lunch on board. Also, all beverages...Beer and Wine included...is he NUTS! He delivered us to Shell Island which is wonderful and gave us a tour of the bay. (We also seen dolphins). This was a private trip, No cattle car. We were able to do pretty much what we wanted and when. The Captain was very open-minded, so we got plenty of sun. It was such a great time we tipped the Captain $100. It was worth it., in fact I have already booked him 2 more times in 2003.
You have to do this. Here is his address:
http://www.romanticsailingadventures.com