Editing The Cluster Falk:Star Trading
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These are the main types of charters availlable for ships trading between star systems: | These are the main types of charters availlable for ships trading between star systems: | ||
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*A bareboat charter is an arrangement for the hiring of a vessel for which no administration or technical maintenance is included as part of the agreement. The charterer obtains possession and full control of the vessel, along with the legal and financial responsibilities for it. The charterer pays for all operating expenses, including fuel, crew, port expenses and P&I and hull insurance. The charter period may last for many years and may end with the charterer acquiring title (ownership) of the ship. Typical profit margin for a bareboat charter is 20-30% | *A bareboat charter is an arrangement for the hiring of a vessel for which no administration or technical maintenance is included as part of the agreement. The charterer obtains possession and full control of the vessel, along with the legal and financial responsibilities for it. The charterer pays for all operating expenses, including fuel, crew, port expenses and P&I and hull insurance. The charter period may last for many years and may end with the charterer acquiring title (ownership) of the ship. Typical profit margin for a bareboat charter is 20-30% | ||
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All of these types are more common than ship owners or line operators actually buying cargo to ship. | All of these types are more common than ship owners or line operators actually buying cargo to ship. | ||
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Charter regulations are enforced by the leading local power. | Charter regulations are enforced by the leading local power. |