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The three most common types of charter contracts are the voyage charter, the time charter, and the demise (or bareboat) charter.
1) The charterer must have the option of selecting & paying crew, although the owner may require general levels of proficiency for the crew that is retained based on federal statutes; 2) The master/crew are paid by the charterer; 3) All food, fuel and stores are provided by the charterer; 4) Insurance is obtained by ...
In its simplest form, a bareboat charter arises when the Owner leases his or her vessel out to the Charterer for a fixed period of time. Once the Charterer takes position of the vessel, the Charterer becomes entirely responsible for the vessel.
The answer is simple: if the vessel is on a bareboat charter, the charterer is liable since he hired the master who decided to discharge; if the vessel is on a time charter, the shipowner who hired the master is liable. Standard pro forma bareboat charter is BARECON 2001, 2017.
Under the terms of a demise charter, also known as a bareboat charter, the charterer has full control of the vessel. Apart from the capital cost of building the vessel, which is the owner's responsibility, all other costs including fuel, crew, port charges and insurance, are paid by the charterer.