bareboat charter

(redirected from Bare-boat charter)
Also found in: Financial.

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.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Earlier, OSG exercised its option to extend its charter agreement for the 10th vessel that it leases from AMSC, extending till 2025 and consequently, all ten bare-boat charter agreements with AMSC have now been extended.
The company owns two of the ships, while the remaining are hired on bare-boat charter. The vessels, which will join the collaboration are namely Green Brazil, Green Honduras, Green Chile, Green Costa Rica, Green Guatemala and Green Italia.
Allow two days by bare-boat charter from Seattle, assuming the weather across the sometimes treacherous Juan de Fuca Straits is fair.