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§57511 Demise charters

Title 46 › Subtitle Subtitle V— - Merchant Marine › Part Part F— - Government-Owned Merchant Vessels › Chapter CHAPTER 575— - CONSTRUCTION, CHARTER, AND SALE OF VESSELS › Subchapter SUBCHAPTER II— - CHARTERS › § 57511

Last updated Apr 6, 2026|Official source

Summary

The Secretary of Transportation must lease the ship to the charterer under the normal terms of a bareboat charter. The Secretary decides how long the lease lasts, choosing the term that is best for the United States Government and the merchant marine.

Full Legal Text

Title 46, §57511

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A charter by the Secretary of Transportation under this chapter shall demise the vessel to the charterer subject to all usual conditions contained in a bareboat charter. The charter shall be for a term the Secretary considers to be in the best interest of the United States Government and the merchant marine.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 5751146 App.:1201.June 29, 1936, ch. 858, title VII, § 711, 49 Stat. 2010; Pub. L. 97–31, § 12(113), Aug. 6, 1981, 95 Stat. 163. The words “for a term the Secretary considers to be” are substituted for “until January 1, 1940, shall be for terms of three years or less as the Secretary of Transportation may decide: Provided, That after January 1, 1940, charters may be executed by the Secretary of Transportation for such terms as the experience gained by the Secretary of Transportation shall indicate are” to eliminate unnecessary and obsolete words.

Reference

Citations & Metadata

Citation

46 U.S.C. § 57511

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Last Updated

Apr 6, 2026

Release point: 119-73