The vessel is handed over to the Skipper fully fuelled and prepared for use. There is a "handover procedure" when all equipment and the condition of the vessel is checked, if satisfied, the Skipper signs for the vessel. A Security Deposit is taken in case there is uninsured damage to the vessel, loss of equipment or the vessel is not refueled. We normally take this deposit on a credit card. From that time on, until "hand back" the Skipper is responsible for the vessel, and what happens on board, in exactly the same way as if he were on his own boat. At the end of the hire period, the vessel is handed back and we, as the Hiring Company check the inventory, condition of the vessel and whether it has been refueled. In the event there is damage to the vessel, loss of equipment or it has not been refueled, the cost is taken from the Security Deposit, the balance being returned to the Charterer. In extreme cases, where the costs are unknown, the Security Deposit may be retained until the actual costs are known. This is very similar to what happens when there is a similar situation on an own boat, the Skipper or Owner pays for replacement equipment, repair of damage and for fuel.
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