Demise charter meaning 의미

1) demise charter meaning
2) As per the five main terms of the chip charters below
  Demise is usually used for permanent style charter  - something like  full control of the vessel and potential  acquiring title (ownership) in the end ...
3) That is why - the meaning of the Demise - death - pass away - can be used - it could be the meaning " potential death" of the current owner's ownership 

- Korean - 
Demise 라는 의미가 죽음이나 종말이라는 의미인데 이것이 배를 빌릴때 사용하는것은
잠재적으로, 배를 영구적으로 빌린다는 의미 그런데 잠재적으로 향후 현재 주인의 
소유권이 상실되는, 즉 소유권 이전의 의미가 포함되어 있는것이다. 
즉 죽음이라는것이, 배를 빌리는 사람이나 빌려주는 사람의죽음이 아니라
현 소유자의 소유권지 종료된다는 의미이다. - 혼돈하지 않고 영어 의미를 정확히 
그 근원을 파악하는것이 중요함.



- from wiki-

• A voyage charter is the hiring of a vessel and crew for a voyage between a load port and a discharge port. The charterer pays the vessel owner on a per-ton or lump-sum basis. The owner pays the port costs (excluding stevedoring), fuel costs and crew costs. The payment for the use of the vessel is known as freight. A voyage charter specifies a period, known as laytime, for loading and unloading the cargo. If laytime is exceeded, the charterer must pay demurrage. If laytime is saved, the charter party may require the shipowner to pay despatch to the charterer.^[1]
• A Contract of Affreightment is a contract similar to a voyage charter, but ship-owner undertakes to carry a number of cargoes within a specified period of time on a specified route. Agreed frequency of cargoes may require more than one ship.
• A time charter is the hiring of a vessel for a specific period of time; the owner still manages the vessel but the charterer selects the ports and directs the vessel where to go. The charterer pays for all fuel the vessel consumes, port charges, commissions, and a daily hire to the owner of the vessel.
• A trip time charter is a comparatively short time charter agreed for a specified route only (as opposed to the standard time charter where charterer is free to employ the vessel within agreed trading areas).
• A bareboat charter or demise charter is an arrangement for the hiring of a vessel whereby 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 responsibility for it. The charterer pays for all operating expenses, including fuel, crew, port expenses and P&I and hull insurance. In commercial demise chartering, a subtype of bareboat chartering, the charter period may last for many years and may end with the charterer acquiring title (ownership) of the ship. In this case, a demise charter is a form of hire-purchase from the owners, who may well have been the shipbuilders. Demise chartering is common for tankers and bulk-carriers.

(In the context of the leisure industry, the term "demise charter" will rarely be heard. Bareboat yacht chartering will typically be the short-term hire for only a few weeks or even less. Here, the owner will supply the yacht in seaworthy order, fully fuelled and possibly revictualled. The yacht may be hired as one of a flotilla; and at least one yacht may be manned by an employee of the owner. At the end of the hire period, the charterer will be expected to pay for the fuel used).