Bare-boat basis | Article about Bare-boat basis by The Free Dictionary
bareboat charter (redirected from Bare-boat basis)
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bareboat charter[′ber‚bōt ‚chärd·ər]
An agreement to charter a ship without its crew or stores; the fee for its use for a predetermined period of time is based on the price per ton of cargo handled.
References in periodicals archive
TCE rate given for the the VLCC Millennium, which is chartered out on a bare-boat basis
, takes into account a notional operating cost per day.