1) OFFSHORE CHARTERING (BAREBOAT CUM DEMISE, TIME & VOYAGE

Company is specialized in offshore chartering business under bareboat cum demise, Time & Voyage Chartering.

Offshore chartering involves renting a ship for a specific purpose, primarily in the offshore oil and gas industry. There are different types of offshore charters, including bareboat, time, and voyage charters, each with varying levels of control and responsibility for the charterer.

Bareboat (Demise) Charter: In a bareboat charter, the charterer gains full possession and control of the vessel, including the right to appoint the master and crew. The charterer becomes responsible for all operational, maintenance, and legal aspects of the vessel. This type of charter is also known as a demise charter, where the shipowner essentially relinquishes control to the charterer.

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