In a bareboat charter, an owner leases their commercial vessel to someone else. The charterer (the person leasing the vessel) is responsible for providing a crew and the provisions.
A bareboat charter agreement gives the charterer complete possession and control of the vessel.
If you are leasing your Canadian vessel to work outside of Canada, you must suspend its registry in the Canadian Register of Vessels.
If you charter a foreign vessel to work in Canada, you must list the vessel in the Canadian Register of Vessels. You also need to ensure its registry is suspended in its original foreign country.