You can find Form 18 application for bareboat charter registry at our site. It’s just one of the many forms we offer that you can fill out easily online. Then, it’s easily sent in to the proper authorities. You don’t have to worry about anything getting lost in the mail or misplaced. Our secure servers make sure that it gets where it’s supposed to go. However, many people who could use this form aren’t 100% sure on what a “bareboat charter” is. In this article, we’ll go over bareboat charters, as well as how we can help you with form 18.
The Truth about Form 18 Application for Bareboat Charter Registry
To understand what a bareboat charter is, look at the first word: “bareboat.” Imagine a “bareboat” in your mind. What does it look like? It might look like an empty vessel. A boat that’s on the water, but has no people in whatsoever. Maybe it has an engine, chairs and that kind of thing, but perhaps your vision of a bareboat doesn’t have any food or drinks. It looks like a boat, totally by itself, utterly unmanned, waiting for someone to step on and take it on a journey.
If that’s what you imagined a “bareboat” looks like, you got pretty close. The idea of a bareboat charter is that it’s a chartering or other kind of hiring of a boat where you just get the boat. No crew is involved with the boat. You don’t get a captain, or a first mate, or an expert, or even any kind of passenger no people whatsoever are included in this kind of charter. It’s a boat that’s bare of people, you just get the boat. It’s incumbent upon whoever charters the boat to supply a crew on their own.
By that same token, this kind of charter doesn’t include provisions as well. So, that means you if you get a bareboat charter that means that you won’t get any food or water. You have to supply all of that. In some cases, there won’t be electronics on the boat as well. When getting a bareboat charter, a good rule of thumb to use is to assume that you’re not going to get anything. Just assume you’re going to get the boat, devoid of anything else. That way, you’re more safe than sorry.
Demise Charter
Sometimes, a “bareboat charter” is referred to as a “demise charter.” When comparing this kind of charter to other kinds of charters, one trait of a bareboat charter is that it typically doesn’t have a time or voyage requirement. Many charters have those. For example, there are charters that say “you’ve chartered the vessel for a day, two days, a week, etc.” Or, there are charters that go by voyage: “you’ve chartered this vessel for a trip to Alaska, or Nova Scotia, or Pittsburgh,” something like that. Bareboat charters don’t work like that.
With this kind of charter, owners basically just give the charterer possession of the boat. Then, it’s on the charterer to hire a crew and anyone (or anything else) that they want on the charter. This “giving over possession” tends to be the defining characteristic of a bareboat charter. So much so, in fact that sometimes a bareboat charter is referred to as a “despondent owner” charter. These charters are becoming more and more popular for a variety of reasons.
If you have a vessel that you only use for half of the year (or less) than a bareboat charter might make sense. It could be a great way to make extra money without having to do too much on your part. After all, when you aren’t using your vessel, it’s just sitting there. With a bareboat charter, it can allow you to make money even when you’re not with it. This sort of chartering can be an additional revenue stream. In an era where it seems like practically everyone has a “side gig” or “side hustle,” using a boat you may have as a bareboat charter makes sense.
Travel by Bareboat
By that same token, if you’re looking to travel, going by bareboat charter makes sense. After all, boats are expensive. Maybe you want to take a trip on a boat where you’re in control, but you also don’t want to have to pay to buy a boat that you’re only going to use once. In those circumstances, then going with a bareboat charter makes perfect sense. You’ll have a boat that’s completely yours for the time that you need it.
The way bareboat charter registration in Canada works is that costs $400 a year or $200 for each six months. There’s a maximum of five consecutive years that you can register your vessel as a bareboat charter. Those are only a few of the rules attached to this kind of classification, as this official Canadian government page about bareboat charters shows. Not many people know this, but you can actually register your commercial vessel as a bareboat charter within Canada if you’re in another country. Even if you’re a foreign applicant, you can get a bareboat charter.
However, there are some stringent rules to allow you to do this. For example, your vessel has to be registered in a control that has a reciprocal agreement with Canada, particularly in regards to bareboat charters. Additionally, you, the foreign owner of the bareboat, must have Canadian representation. Furthermore, that representation must meet the definition of a “Qualified Person.” What constitutes a “Qualified Person” you ask? Well, according to the actual laws, they must be a “Canadian citizen or a permanent resident” or a “corporation incorporated under the laws of Canada or a province.” If you meet both of those requirements, you can register your bareboat charter even if you’re not Canadian.
Short Pages, Long Info
If you go to our site, you’ll see that the “bareboat chartered vessels” page is shorter than some of our other ones. However, it has all the information that you need to fill out for these vessels all in one easy to read and fill out place. It mentions the rules at the top, as well as your progress bar for how your application is going. These are short applications, as this one only has two pages. Below that, you’ll find the “Important Information” section. This lays out some of the rules that we’ve mentioned above.
However, it also includes an important part: “the process for bareboat charter registration must be similar in both countries conditional/provisional registration is not permitted.” You have to make sure that the country you’re applying for this from also has a similar process to Canada. This is the kind of thing you want to be sure about before you continue down the path of trying to register your bareboat charter. As with everything else in our site, we understand that the rules can be a bit confusing when it comes to vessel documentation.
That’s why we make it so easy to contact our professionals. We’re ready and willing to take your call. Instead of worrying about the rules or trying to research it all yourself, just call a professional and have the answers quickly. You can contact us at (800) 419-9569 or send us a message through our site. Then, as quickly as possible, one of our experts will reach back out to you. We’ve been helping bareboat charters as well as many others to take care of their Canadian vessel documentation for a long period of time. We can help you as well.
That being said, it’s not like bareboat charter vessel registration is the only kind you can find at our site. Indeed, we have all the different kinds of Canadian vessel registration forms that you might need. For a complete look at everything we have, go through our catalog.