Bareboat Charter


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Related to Bareboat Charter: Time Charter

Bareboat Charter

An agreement whereby one rents a boat without a crew. That is, the renter is responsible for providing a crew and, for that reason, is in complete control of the operations of the boat during the rental period. This differs from a voyage charter, whereby the renter can direct where the boat goes, but in which the owner provides the crew and maintains control over their activities.
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References in periodicals archive ?
of proving that a bareboat charter exists--an imposition that is based
In the event that the option is exercised, the bareboat charter will be terminated against a termination compensation equal to the accumulated and remaining charter hire and Viking Supply Ships A/S will replace Odin Viking SPV AS as borrower under the Odin Viking SPV AS facility with DVB Bank SE.
By buying Golden Joy, Golden Ocean will end a bareboat charter for it, the company said Friday.
Delivery is expected to occur in the second half of 2018, and the Company will continue to receive a bareboat charter rate of approximately $10,000 per day from the current charter to an affiliate of Indonesia-based Apexindo in the meantime.
The Dan Sabia is operating in Brazilian waters under bareboat charter with Petrobras Transporte S.A.
The Dan Sabia is operating under a bareboat charter with Petrobras Transporte S.A.
The buyer, which remained unnamed, will charter back the vessel to Eitzen Chemical under a bareboat charter at USD14,300 a day.
Following the sale, the Company will bareboat charter back the vessel and immediately put it on a 5 year time charter with Cargill Ocean Transportation.