TTM05120 - The 75% limit on charters-in: Chartered-in

Charters to be taken into account


Charters otherwise than on bareboat charter terms

In practice, charters which are not bareboat charters (and which will therefore need to be taken into account in applying the 75% limit) will normally be either 바카라 사이트˜time charters바카라 사이트™Â  (see TTM15120) or 바카라 사이트˜voyage charters바카라 사이트™ (see TTM15130) from a third party.

Ship operating in offshore sector not disregarded

However, a qualifying vessel working in the UK sector of the Continental Shelf and subject to the special rules for offshore activities remains a qualifying vessel for the purposes of the 75% limit for all periods both within and outside the North Sea.

References

FA00/SCH22/PARA37 (3) (group ship not counted more than once) TTM17226
What is chartered-in TTM05100
Charters not to be taken into account TTM05110