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A bareboat charter, or demise charter, is an arrangement for the chartering or hiring of a ship or boat for which 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 and (for commercial shipping) obtaining insurance, usually for a ...
The bareboat charter market was established first in 1967 in Tortola by Jack Von Ost, [3] founder of Caribbean Sailing Yachts, who conceived the idea of a fleet made up of similar boats, with a standard for maintenance and equipment and boats especially designed for charter and not private use.
There are three main kinds of charter: bareboat, skippered and crewed. Bareboat charters require the client to skipper the boat themselves, while skippered charters include both boat and a professional skipper. Crewed charters are staffed by a captain and professional crew that can include chefs, engineers, deckhands, and stewards.
A bareboat yacht charter (in the leisure industry, the term "demise charter" is not used) is the short-term hire for only a few weeks or even less. The owner supplies the yacht in seaworthy order, and it is fully fuelled and possibly revictualled. The yacht may be part of a holiday flotilla and is sometimes crewed by an employee of the owner.
A bareboat charter operates as a long lease of the vessel, with the charterer completely in charge. In time and voyage charters, the shipowner still runs the ship, but when in port the charterer becomes responsible for loading and unloading the ship within the agreed period of laytime.
After the war, the Grace line operated 23 ships totaling 188,000 gross tons, and 14 more on bareboat charters. In 1954 the company bought Davison Chemical Company (founded by William T. Davison as Davison, Kettlewell & Company in 1832), and the Dewey & Almy Chemical Company (founded in 1919 by Bradley Dewey and Charles Almy).
14,550 long tons (14,780 t) (full load) ... Syrma was acquired from the War Shipping Administration on a bareboat charter and converted ... Wikipedia® is a ...
There are three basic types of motor yacht hull: full-displacement, semi-displacement, and planing, which have progressively higher cruise speeds and hourly fuel consumption with increased engine power: [46] Full-displacement hulls move the water up and out of the way of the vessel, making a wave. They are limited in speed by the square root of ...