46 U.S.C. § 57511

Demise charters

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.

( Pub. L. 109–304, § 8(c) , Oct. 6, 2006 , 120 Stat. 1666 .)