A bareboat charter or demise charter is an arrangement for the chartering or hiring of a ship or boat, whereby no crew or provisions are included as part of the agreement; instead, the people who rent the vessel from the owner are responsible for taking care of such things.
What is the meaning of bareboat charter?
Bareboat Charter — an agreement between a ship owner and a charterer (an individual or company chartering a vessel) that essentially gives the charterer complete responsibility for the vessel and its operation over the course of the charter.
What are the advantages of bareboat charter?
The most important advantages of bareboat sailboat charter are: saving money – you have to pay a daily fee for a skipper and ensure all the meals – and complete privacy – you can sail on your own whenever and wherever you want, and your charter agency can give you a complete sailing routes plan.