A standard bareboat charter party form published by BIMCO, widely used in the shipping industry for bareboat or demise charter agreements. Barecon sets out the terms under which a vessel is chartered without crew, provisions, or insurance, placing full operational responsibility on the charterer.
Category: Maritime Law & Regulations
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Admiralty LawThe body of private international law governing maritime activities and disputes, including navigation, shipping, salvage, pollution, and seafarers' rights.Arrest of ShipA legal procedure in admiralty law by which a claimant detains a vessel to obtain security for a maritime claim.CabotageThe restriction of commercial shipping operations within a country's coastal waters to vessels flying the national flag.Classification SocietyAn organization that establishes and maintains technical standards for the construction and operation of ships and offshore structures.Flag StateThe country in which a vessel is registered and whose flag it flies.General AverageA principle of maritime law under which all parties to a sea venture proportionally share any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency.
Back to DictionaryEntry updated May 2026