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What is bareboat charter registration, as permitted by UK legislation?

Registration as a British ship of a ship which has its primary registration in another country, but which is bareboat chartered to a charterer eligible to register a British ship in the UK.Β 

The British registry expires after 5 years or on expiry of the bareboat charter, whichever is earlier. The law also allows a British-registered ship to be bareboat chartered to a foreign charterer and registered for the duration of the charter on the register of the charterer’s country. A bareboat chartered ship thus has two registrations: its primary registration and its bareboat charter registration. Ships registered in the UK as bareboat-chartered ships are issued with a special Certificate of British Registry which shows the country of primary registration and the ship’s name on the primary register, as well as (on the reverse) the names and addresses of the owner and the bareboat charterer.

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