Bareboat Charter Agreement Template

Master vessel charter agreement.

Bareboat charter agreement template. A charter agreement is a legal document that is created between two parties when either of them wants to charter a mode of transport or service for a specified amount of time. The charterer agrees to hire the vessel and shall pay the charter fee deliveryre delivery fee the. A failure to make charter payments upon the date due. 11 the owner shall let on bareboat charter and the charterer shall hire the vessel for the charter period for the charter fee.

Nature of a bareboat charter and lease arrangement cargo ships employment procedure a bareboat charter sometimes called a charter by demise or demise charter particularly by lawyers i is a contract for the hire of a vessel for an agreed period during which the charterers acquire most of the rights of the owners. For the purpose of this clause 9 existing charter shall mean the bareboat charter entered into between the parties in respect of the vessel dated 2 january 2009. A bareboat charter or demise charter is an arrangement for the chartering or hiring of a ship or boat whereby no crew or provisions are included as part of the agreement. Instead the people who rent the vessel from the owner are responsible for taking care of such things.

This agreement shall be construed in accordance with the admiralty and maritime laws of the united states of america and the state of. Recreational bareboat charter agreement page 2 of 9 clause 1. Agreement to let and hire. This bareboat charter agreement made as of by and between the owner of the vessel documentation hereinafter called owner and the regents of the university of california hereinafter called charterer.

This master vessel charter agreement hereinafter referred to as charter is made effective as of 2010 by and between bp america production company hereinafter referred to as charterer and hereafter referred to as vessel owner. The first party in the charter agreement is known as the client and the second party is known as the charter company and is a logistics fulfillment company by nature. In witness whereof the parties have caused this charter to be executed by their duly authorised signatories on day of august 2010. Suresave offer a range of travel insurance options which can be arranged on line through the suresave link on the front page of our website i have arranged my travel trip cancellation insurance yes no initial oceanic insurance brokers offer an optional bareboat hirers liability insurance.