Bareboat charter-cum-demise involves chartering a vessel with intended transfer of ownership to the chartering company after a specified period. Bareboat charter-cum-demise means a bareboat charter of a ship or inland vessel under which ownership is intended to pass, after a specified period, to ... Summary
Bareboat charter-cum-demise involves chartering a vessel with intended transfer of ownership to the chartering company after a specified period.
Bareboat charter-cum-demise means a bareboat charter of a ship or inland vessel under which ownership is intended to pass, after a specified period, to the company to which the vessel has been chartered. Its distinguishing feature is the intended deferred transfer of ownership to the chartering company.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.