What does bareboat charter mean?

bareboat charter meaning in Law Dictionary

charter as soon as the charterer leases a vessel with no staff. A crew is selected by the celebration renting. AKA dry rent.

bareboat charter meaning in Business Dictionary

Type of demise charter when the lessee (chartrer) leases a vessel without a master and staff and appoints very own employees for people roles throughout the rent (charter). Also called dry lease.

bareboat charter meaning in Insurance Dictionary

An agreement between a ship owner and a charterer (someone or business chartering a vessel) that really gives the charterer complete duty when it comes to vessel and its particular procedure throughout the charter. The charterer can also be generally responsible for the control and payment for the ship's crew.