Form 18 – Application for Bareboat Charter Registry: What to Know

Bareboat Charters in Canada

Bareboat charters offer a flexible way for boat owners to lease their vessels while maintaining compliance with Transport Canada’s regulations. For Canadian boat owners considering this arrangement, understanding the legal requirements—particularly the Form 18 – Application for Bareboat Charter Registry—can make the difference. The Canadian Vessel Registry Center Corp. simplifies the documentation process, ensuring boat…

Bareboat Charters in Canada Made Easy

Bareboat Charters in Canada

One of the primary objectives of bareboat charters in Canada is to maximize the vessel’s earning potential so that both the owner and the charterer can profit. A bareboat charter occurs when the owner rents his or her vessel to the charterer for a predetermined period of time. When the charterer assumes command, he or…