Bareboat

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Bareboat (B.B.) is a method of chartering a ship leaving the charterer with almost all of the legal responsibilities of the owner.[1] No crew or insurance are provided under such an agreement. It is, as it sounds, charted for the bare boat, with nothing else physically or legally.[2]

References

  1. U.S. Department of Transportation Maritime Administration [1]
  2. "charter party." Encyclopaedia Britannica. Britannica Academic. Encyclopædia Britannica Inc., 2016. Web. 16 Jun. 2016. <http://0-academic.eb.com.www.consuls.org/EBchecked/topic/107682/charter-party>.