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…
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…
The idea of Bareboat charters in Canada might be exactly what you’re looking for if you’re searching for a novel and exciting way to cruise around the waters of Canada. A bareboat charter is a way to rent a boat where the renter is in charge of everything, including being the captain and the crew.…
Have you been thinking about registering your vessel as one of the bareboat charters in Canada? Do you feel like you’re not getting as much out of your vessel right now as you would like? The truth is that, no matter how successful anyone is, odds are you could use some more money. If you…
Many boat owners believe that they are not getting the most out of their boats. When someone only uses their boat on a few summer weekends, they might feel as though they have wasted their money. However, bareboat charters in Canada can help boat owners recoup their initial investment and more. This is why, as…
As a boat owner, there are times when bareboat chartering your boat makes a lot of sense. Similar to renting out your car, you can charge a fee to a captain and crew to charter your boat for their needs in exchange, which will help cover the cost of docking, maintenance, insurance, and other associated…
One of the most important industries in the modern world is found in Canada and it is the business of boat chartering. A great number of individuals and businesses are interested in renting boats for single days or many days at a time. People are able to go fishing, enjoy the water, and go on…
Are you looking for more ways to make more money off of your commercial vessel in Canada? Do you use it less often perhaps than you thought you would? Have you considered setting up a bareboat charter for your vessel? Here at the National Vessel Registry Center Corp., we can help. Over the years, we’ve…
One of the most popular options for Canadian yacht owners is to chart their vessel. Even though it is a practical and profitable business decision; there are additional considerations for upkeep and documentation. In this blog post, we’ll go over the advantages of bareboat charters in Canada, as well as the necessary documentation. Here at…
There’s more to running a bareboat charter than simply being on the boat shoeless. If the term “bareboat” seems confusing, think of it more like “unfurnished.” If someone says “I’m buying the apartment unfurnished,” then you know that it means the apartment wouldn’t have furniture, and might not even have blinds or items like that.…