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Shipping & logisticsbareboat

Bareboat charter

A charter where the charterer operates the vessel without crew or management from the owner.

A bareboat charter (or demise charter) gives the charterer operational control of a vessel without crew. Rare in spot oil trade; more common in long-term asset leasing.

Related: Charterparty.

Frequently asked

What does Bareboat charter mean in oil and commodity trading?
A charter where the charterer operates the vessel without crew or management from the owner.
How do I check a counterparty that uses Bareboat charter in a deal?
The term itself is not enough to clear or condemn a deal. What matters is the counterparty behind the pitch. Screen that name for free against 8 sanctions lists plus PEP and OilFlow's first-party cluster corpus in seconds, or order the full 7-step dossier for $25, and confirm identity documents and banking details independently before you transact.

See also

charterparty

Seen this term in a live pitch?

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