The terms of a demise charter transfers full control of the chartered vessel to the charterer.

Name: The terms of a demise charter transfers full control of the chartered vessel to the charterer.
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A demise charter, also known as a bareboat charter, means that the charterer takes on almost all the responsibilities of a ship owner, including full control of the vessel. The owner surrenders possession, command, and navigation of the ship to the charterer.

The Terms of a Demise Charter Transfers Full Control of the Chartered