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- Master & Chief Mate (Oceans or Near Coastal (Unlimited Tonnage)) »
- Q101 - Deck General Part I
371. The owners of the River Duchess agree to a charter with the Down River Towing Company. The owners stipulate in the charter party that they must approve the Master of the vessel for the entire life of the contract. The Charterer becomes the «owner for a time» under this type of contract. What is the name of this charter party?
A bareboat charter, also known as a demise charter, grants the charterer control and possession of the vessel, effectively making them the 'owner for a time,' including the authority to select the Master subject to the owner's approval.
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