demisee for a certain period of time." (65) The
bareboat charter is
"We are the best and most professional
bareboat charter industry in the world," he says.
* The Moorings (www.moorings.com) provides
bareboat charters in 26 locations in the Caribbean, Mediterranean and the South Pacific.
A
bareboat charter in the Whitsundays offers breathtaking beauty.
The ship is currently on
bareboat charter from Oslo-listed shipowner Ship Finance International Ltd (NYSE: SFL) (NOTC: SFLF) with purchase option, and Golden Ocean has agreed to buy the vessel for USD21.5m.
Overseas Shipholding announced that it has entered into a
Bareboat Charter Party Agreement with the owner of the vessel known as the Oregon Voyager.
The LPG carrier will have a
bareboat charter of seven years to a leading gas shipping operator.
Petroleum shipping company Dorian LPG Ltd (NYSE:LPG) reported on Wednesday the launch of a USD70.0m sale and
bareboat charter arrangement for the Corvette, Japan (Corvette Japanese Financing).
Two are contracted for 10 years on
bareboat charter at a net daily rate of USD13,300.
As part of the transaction, the company will sell a 2016 Japanese built Ultramax dry bulk vessel, SBI Hermes, for a consideration of $20.5M and then lease it back from the buyer through a five-year
bareboat charter agreement at a rate of $5,850 per day.
Cash at hand exceeding a certain level will through a cash sweep mechanism will be distributed as repayment of the bank facilities and the
bareboat charter in respect of the vessel Odin Viking will be amended to reflect that the charter hire of USD10,000 per day will not be payable in cash, but added to the principal amount outstanding under the charter party as payment in kind.