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bareboat charter
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. Bareboat Charter
Bareboat CharterAn agreement whereby one rents a boat without a crew. That is, the renter is responsible for providing a crew and, for that reason, is in complete control of the operations of the boat during the rental period. This differs from a voyage charter, whereby the renter can direct where the boat goes, but in which the owner provides the crew and maintains control over their activities. |