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bareboat charter

bareboat charter
 n.— «The vessel is managed by International Shipholding under what is known as a bareboat charter. That means that IHS handles provisioning and crewing the vessel and then leases it back to Maersk.» —“Shipper says piracy needs multinational solution” by Garry Mitchell in Mobile, Alabama Associated Press Apr. 14, 2009. (source: Double-Tongued Dictionary)

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