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All main topics / Naval Architecture / Marine Transport and Economics / 50 Essential Shipping Terms
Bare boat charter
Similar to a lease. The vessel is chartered to a third party who to all intents and purposes owns it for the period of the charter, provides the crew, pays operating costs (including maintenance) and voyage costs (bunker, port dues, canal transit dues, etc.), and directs its operations.
Source: Maritime Economics, 3rd edition
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Flashcard info:
Author: andersson.j
Main topic: Naval Architecture
Topic: Marine Transport and Economics
School / Univ.: Chalmers
City: Gothenburg
Published: 15.10.2009




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