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Barbados Maritime Ship Registry Other service

Bareboat Charter Registration

Dual registration allowing Barbados ships to bareboat charter out to another flag, or foreign ships to bareboat charter in to the Barbados flag.

Description

The Shipping Act 1994 permits bareboat chartering in and out of the Barbados flag. Barbadian ships may bareboat charter under another flag while keeping suspended registration with Barbados, and their mortgages can still be recorded.

Key features

  • Bareboat charter out: registration with Barbados is suspended while the ship flies another flag
  • Bareboat charter in: requires consent from the foreign flag, or evidence that consent is not required
  • A copy of the charter-party in English must be given to the Registrar, stating the commencement date, intended duration and the parties
  • Intended duration is normally two to five years, with extensions possible
  • BMSR recommends BIMCO standard BARECON agreements

Applications

Shipowners and charterers using dual registration for bareboat-chartered tonnage.

Specifications

Typical charter duration2 to 5 years, extensions possible
Legal basisShipping Act 1994

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