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Bare-boat Charter
A bareboat charter, or demise charter, is an arrangement for the chartering or hiring of a ship or boat for which no crew or provisions are included as part of the agreement. Instead, the renter of the vessel from the owner is responsible for taking care of whatever the agreement specifies - insurance, maintenance, repairs, etc.. 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. The charterer then can direct where the ship will go but the owner of the ship retains possession of the ship by its employment of the master and crew. In a bare-boat or demise charter, on the other hand, the owner gives possession of the ship to the charterer, and the charterer hires its own master and crew. The bare-boat ...
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Chartering (shipping)
Chartering is an activity within the shipping industry whereby a shipowner hires out the use of their vessel to a charterer. The contract between the parties is called a charterparty (from French 'parted document'). The three main types of charter are: demise charter, voyage charter, and time charter. Charterer In some cases, a charterer may own cargo and employ a shipbroker to find a ship to deliver the cargo for a certain price, the freight rate. Freight rates may be on a per-ton basis over a certain route (e.g. for iron ore between Brazil and China), in Worldscale points (in case of oil tankers). Alternatively may be expressed in terms of a total sum, normally in US dollars, per day for the agreed duration of the charter. A charterer may also be a party without a cargo that takes a vessel on charter for a specified period from the owner and then trades the ship to carry cargoes at a profit above the hire rate or even makes a profit in a rising market by reletting the ...
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Greece
Greece, officially the Hellenic Republic, is a country in Southeast Europe. Located on the southern tip of the Balkan peninsula, it shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to the east. The Aegean Sea lies to the east of the Geography of Greece, mainland, the Ionian Sea to the west, and the Sea of Crete and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin, spanning List of islands of Greece, thousands of islands and nine Geographic regions of Greece, traditional geographic regions. It has a population of over 10 million. Athens is the nation's capital and List of cities and towns in Greece, largest city, followed by Thessaloniki and Patras. Greece is considered the cradle of Western culture, Western civilisation and the birthplace of Athenian democracy, democracy, Western philosophy, Western literature, historiography, political science, major History of science in cl ...
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Yachting
Yachting is recreational boating activities using medium/large-sized boats or small ships collectively called yachts. Yachting is distinguished from other forms of boating mainly by the priority focus on comfort and luxury, the dependence on marinas for docking, and being typically only for exclusive social leisures such as cruising, fishing trip or racing. The term "''yacht''" derives from the Dutch word '' jacht'', meaning "hunt". When yachting with sailboats, the activity is simply called sailing; and with motorboats, it is called powerboating. A boat club that only services yachting participants is known as a yacht club. Racing History The history of sailing dates back to prehistoric times but the racing of sailing boats is believed to have started in the Netherlands some time in the 17th century. Soon, in England, custom-built racing " yachts" began to emerge. In 1851, the Royal Yacht Squadron in Cowes challenged the American yacht ''America''. The race took pla ...
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Dry Lease
Aircraft leases are leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons: to operate aircraft without the financial burden of buying them, as well as to provide temporary increase in capacity. The industry has two main leasing types: wet-leasing, which is normally used for short-term leasing, and dry-leasing which is more normal for longer-term leases. The industry also uses combinations of wet and dry. For example, when the aircraft is wet-leased to establish new services, then as the airline's flight or cabin crews become trained, they can be switched to a dry lease. In some markets, there may also be hybrid models, such as with crew provided by lessees. Market Operating leases of jet airliner accounted for less than 2% of the fleet in 1976, then 15% in the early 1990s, 25% in 2000 and 40% in 2017, with lessors involved in 62% of second hand mid-life aircraft transactions since 2000: 42% in ...
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Bareboating
{{more refs, date=April 2025 Bareboating is the act of chartering a sailboat that one occupies, navigates, and operates for a vacation from an owner or a charter company. Common bareboating locations are the Caribbean, the Mediterranean and the Whitsundays. To charter a sailboat, one must usually be able to demonstrate boat handling skills especially in operating the boat under power, docking, and anchoring. Typical sizes for bareboats come in the range of 30 ft to usually about 60 ft at the upper end. Most charter operators require a sailing resume listing sailing experience, boats that one has sailed and operated, and navigation and racing experience. If the charter operator is not satisfied that one has the appropriate experience, they will often require that the chartering party hire a captain from the charter company to sail with them for a few days. In most traditional charter destinations such as Greece or Croatia the chartering company would ask to see a skip ...
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Skippered Charter
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 skipper. Crewed charters are staffed by a captain and professional crew that can include chefs, engineers, deckhands, and stewards. Most bareboat charter companies offer basic seamanship courses to prepare clients for handling a boat. These companies may also provide skippered charters, which include a skipper, but no additional crew. Types Several factors determine the cost of a charter, including the size of the yacht, its age, its pedigree, the number of crew, time of sailing (whether it is high season or not), and the destination. The time of year is another important factor, as rates tend to vary depending on whether it's peak seaso ...
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Luxury Yachts
A superyacht or megayacht is a large and luxurious pleasure vessel. There are no official or agreed upon definitions for such yachts, but these terms are regularly used to describe professionally crewed motor or sailing yachts, ranging from to more than in length, and sometimes include yachts as small as . Superyachts are often available for charter with a staff that caters to guests at a high standard of comfort. They may be designed to emphasize comfort, speed, or expedition capability. Depending on the season, superyachts may be most frequently found in the Mediterranean Sea, Mediterranean or the Caribbean Sea, Caribbean. Many are available for charter; prices may far exceed 100,000 per week. Larger examples may have more than one swimming pool; they may carry a variety of water toys, other boats, and some have helipads to receive guests from helicopters. Characterized as symbols "of great wealth and excessive consumption", superyachts have been controversial due to their ...
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Yacht Charter Broker
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 skipper. Crewed charters are staffed by a captain and professional crew that can include chefs, engineers, deckhands, and stewards. Most bareboat charter companies offer basic seamanship courses to prepare clients for handling a boat. These companies may also provide skippered charters, which include a skipper, but no additional crew. Types Several factors determine the cost of a charter, including the size of the yacht, its age, its pedigree, the number of crew, time of sailing (whether it is high season or not), and the destination. The time of year is another important factor, as rates tend to vary depending on whether it's peak seaso ...
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Master Mariner
A master mariner is a licensed mariner who holds the highest grade of licensed seafarer qualification; namely, a master's license. A master mariner is therefore allowed to serve as the captain (nautical), master of a merchant ship for which national and international requirements apply under the STCW Convention. Regulation II/2 sets out requirements for Master Mariners. Master mariners can possess either an unlimited certification/licence or one restricted based on tonnage of the ship. Certification is given by national authorities, typically following completion of minimum necessary seatime and a course of approved training, based on the IMO model course. For those with an unlimited certificate, this has no limits on the tonnage, power, or geographic location of the vessel that the holder of the license is allowed to serve upon. An unlimited master mariner would therefore be allowed to serve as the Captain of a ship any size, of any type, operating anywhere in the world, and it re ...
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Skipper (boating)
A sea captain, ship's captain, captain, master, or shipmaster, is a high-grade licensed mariner who holds ultimate command and responsibility of a merchant vessel. The captain is responsible for the safe and efficient operation of the ship, including its seaworthiness, safety and security, cargo operations, navigation, crew management, and legal compliance, and for the persons and cargo on board. Duties and functions The captain ensures that the ship complies with local and international laws and complies also with company and flag state policies. The captain is ultimately responsible, under the law, for aspects of operation such as the safe navigation of the ship, its cleanliness and seaworthiness, safe handling of all cargo, management of all personnel, inventory of ship's cash and stores, and maintaining the ship's certificates and documentation. One of a shipmaster's particularly important duties is to ensure compliance with the vessel's security plan, as required by th ...
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Sea Captain
A sea captain, ship's captain, captain, master, or shipmaster, is a high-grade licensed mariner who holds ultimate command and responsibility of a merchant vessel. The captain is responsible for the safe and efficient operation of the ship, including its seaworthiness, safety and security, cargo operations, navigation, crew management, and legal compliance, and for the persons and cargo on board. Duties and functions The captain ensures that the ship complies with local and international laws and complies also with company and flag state policies. The captain is ultimately responsible, under the law, for aspects of operation such as the safe navigation of the ship, its cleanliness and seaworthiness, safe handling of all cargo, management of all personnel, inventory of ship's cash and stores, and maintaining the ship's certificates and documentation. One of a shipmaster's particularly important duties is to ensure compliance with the vessel's security plan, as required by the ...
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