bareboat charter

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bareboat charter

[′ber‚bōt ‚chärd·ər]
(industrial engineering)
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 ?
Among these growing ranks of "yachties," bareboat hire--easier and less costly than owning a yacht--is becoming increasingly popular.
At the end of November 2013, BOURBON signed an agreement with Standard Chartered Bank ("SCB") for the sale and bareboat charter of 6 new build vessels for a total amount of approximately US$ 150 million.
com) offers bareboat sailing in some exotic locations, including Australia, Malaysia, the Seychelles and the Caribbean.
If you've ever done a bareboat charter, you'll know how important these standards of service can be to your enjoyment of an uninterrupted holiday Getting a competent briefing, for a start, can open your eyes to things that you might otherwise miss in the environment, and it can keep you out of the trouble that you might get into through ignorance.
Lot 2 purchase of Full Flight Simulator sessions (FFS) for ATR 42/72 bareboat - indicative volume 50 h.
The latest action plan "Transforming for beyond" in its financial aspect aims at the sale and bareboat chartering for 10 years of US$2.
Following the transfer of ownership of the first 9 vessels to the Chinese company ICBC Financial Leasing ("ICBCL") as part of a 51 vessel sale and bareboat commitment and the payment of US$144 million, BOURBON announces that the ten-year bareboat charter period of those 9 vessels by BOURBON will commence today.
corresponding to the sale and bareboat charter back for 10 years of up to 51 vessels
Both parties have signed a memorandum of agreement, and SBM Offshore will charter the vessel under a long-term bareboat charter for a fixed period of 12 years.
The M/T "HONGBO" has entered into a bareboat time-charter employment for a period of 10 years at a daily gross rate of $14,550.
FSL Trust offers its services exclusively on a long-term bareboat charter basis with lease terms of at least seven years at lease inception.
As part of the terms of the sale deal, SBM Offshore will charter the vessel adhering to a long-term bareboat charter for a fixed 12-year period.