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An inspected vessel is one inspected by the Coast Guard and that has been issued a Certificate of Inspection. This may apply to passenger, cargo, and tank vessels. If the vessel is considered to be an inspected vessel, it is subject to regulations from the USCG.
What is a charter agreement?
What is a Charter Agreement? A charter agreement is a formal contract outlining your business relationship with another person or company. These agreements can be used for many purposes, including hiring employees, buying and selling goods and services, working together on projects, starting joint ventures, etc.
What is the definition of a bareboat?
: a boat chartered without its crew.
What is considered a bareboat charter?
A bareboat charter is a vessel that is leased by the owner to another person (a charterer) for a period of time without captain and crew. The person leasing the vessel is then responsible for the entire vessels operation and any captain and crewing requirements.
What is the capacity of a bareboat?
A bareboat chartered vessel may NOT carry more than 12 passengers.
To qualify for bareboat chartering you simply need to have experience skippering a similarly operated (sail or power) yacht that is within 8-10 feet of the yacht you wish to charter. With experience, a certification or license is not required in most locations, except the Mediterranean (see below.).
How many passengers are allowed on a bareboat charter?
Passenger limits are 6 for vessels less than 100 gross tons and 12 for vessels more t han 100 gross t ons. A bareboat charter is a vessel turned over to a charterer (person renting the boat) for a specific period of time in which they have responsibility of the operation of the vessel.
What are the advantages of demise charter in shipping?
Demise Charter Registration gives shipowners a more flexible and attractive package. For example mortgaging facilities might be more attractive in one jurisdiction because of its laws relating to recovery of liens, whereas the manning requirements might be attractive in another state.
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