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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.
The act is commonly known as bareboating or bareboat charter. There are legal differences between a bareboat charter and other types of charter arrangements, commonly called time or voyage charters. In a voyage or time charter, the charterer charters the ship or part of it for a particular voyage or for a set period of time.
Yacht chartering is the practice of renting, or chartering, a sailboat or motor yacht and traveling to various coastal or island destinations. 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 ...
The global yacht charter market size was valued at $14.42 billion in 2022 and is expected to reach $15.71 billion in 2023. ... The size and experience of the crew can also make a difference in the ...
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chartered ship . Also charter ship. A term used by the British East India Company from the 17th to the 19th centuries for a merchant ship it chartered to make a single, often one-way, voyage between England (later the United Kingdom) and ports east of the Cape of Good Hope, a trade over which the company held a strict monopoly.