Bareboat Charters


Clauses 13/14—Insurance and Repairs

14.1 One of the fundamental protections that owners will usually seek when chartering their vessel on bareboat terms is to require the charterers to arrange and pay for suitable insurances as agreed and specified in the charter. Since the charterers of a vessel on bareboat terms are also responsible for the operation and repair of the vessel there can be no question of the vessel coming “off hire” for the duration of the repairs or the charter term otherwise being extended (unless expressly so agreed between the parties).

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2024 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.