For the most part the insurance underwriters are in control of what can be bareboated. The tradional limit is a hull value of one million pounds. For years we have chartered the largest and newest boat we could get. The documents generally show a value of 999,999. Some of the underwriters also put a limit in "tonnage". The new materials allow larger boats within the weight limits.

At the end of the day the Moorings and others are nothing more than Marketing and Sales organizations. They own few boats. The banks, owners credit, and the insurance companies take all the hull and damage risks.

Before you throw and typed spears. Go to your local Hertz or Avis and watch the checkout procedures to rent a Escalade, Lincoln, or even now very high performance vehicles capable of extreme speed.

The real checkout at Hertz or the Tortola dock. Can you get the machine out of the parking spot and put of the parking/docking area.

White Bay always shows ignorance or risk taker. Many on this forum once went into White Bay and have learned something along the way that lead them to stop that "fun" practice. Others blindly follow the chart plotter around swearing by them until they learn why that is a risk to the safety of the hull and passengers.