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 ?
Ship Finance announces that it has agreed to acquire a fleet of 15 feeder size container vessels, ranging from 1,100 TEU to 4,400 TEU, in combination with long term bareboat charters to a leading container line.
Lars Solbakken, CEO of Ocean Yield, said: We are pleased to expand our relationship with Okeanis Marine Holdings with the investment in four modern VLCCs with long-term bareboat charters and five year sub-charters to the shipping
These vessels will commence 17-year bareboat charters with MSC Mediterranean Shipping Co S.
Unlike bareboat charters, individual berths can be arranged thus making the costs more reasonable for smaller parties as well as removing any responsibility for the manning of the boat.
The two PSVs owned by Havila PSV DIS -- Havila Commander and Havila Crusader -- are both on eight-year bareboat charters to Havila Shipping.
com) provides bareboat charters in 26 locations in the Caribbean, Mediterranean and the South Pacific.
Besides the ASA-sanctioned courses and bareboat charters, most clubs tend to hold racing programs.
Eight of the vessels are on medium-term time charters, two are on long-term bareboat charters and two are operating in the Tankers International Pool.
Ltd to take 4 stainless steel vessels on long-term bareboat charters and to form a pool of 8 chemical tankers.
Havila PSV DIS owns two PSVs -- Havila Commander and Havila Crusader -- which are both on eight-year bareboat charters to Havila Shipping.
Under the terms of the proposed agreement PFS Shipping will assume the commitments related to the vessels and seismic equipment, while SCAN Geophysical undertakes to lease the vessels on 12-year bareboat charters at dayrates of USD40,000.