Definitions for "Voyage Charter"
A charter under which a shipowner hires out a ship for a specific voyage between the loading port and the discharging port. The shipowner is responsible for paying both ship operating expenses and voyage expenses. Typically, the charterer is responsible for any delay at the loading or discharging ports. The shipowner is paid freight on the basis of the cargo movement between ports.
Contract for hire of a ship under which a shipowner is paid freight on the basis of moving cargo from a loading port to a discharge port. Normally per ton of cargo. The shipowner is responsible for paying both operating costs and voyage costs. The charterer is typically responsible for any delay at the loading or discharging ports.
a charter of the carrying capacity of a ship for a specified voyage, and is thus usually of a relatively short duration