Central Act
16
Section 16. Registration of Indian chartered foreign vessels.
The Merchant Shipping Act, 2025
In forceAll India (Central Act)
16. Registration of Indian chartered foreign vessels. Any foreign vessel chartered on a bareboat charter-cum-demise contract by an Indian charterer may be registered under this Part in such manner and subject to such conditions as may be prescribed. Explanation.---For the purposes of this section, "bareboat charter-cum-demise" means a bareboat charter where the ownership of the vessel is intended to be transferred after a specified period to the charterer to whom it has been chartered.