Bareboat Charter

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The bareboat charter contract, also considered as a time charter contract, but the main difference is that the operator or charterer covers the operational costs and voyage costs. The shipowner transfers the operational control of the ship to the operator for a period during the duration of the contract, and in compensation, the charterer pays a hire.Bareboat charterDavid Restrepo G.

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Source David Restrepo G.

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