demise charter |
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Definition
Ship leasing arrangement in which the use of the entire vessel and all associated expenses pass on from the ship owner to the lessee (chartrer). If the lessee also has the right to appoint own master and the crew, it is called a bareboat charter.
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demise charter is in the Agreements & Contracts and Shipping, Transport, & Travel subjects.
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http://www.businessdictionary.com/definition/demise-charter.html







