Definitions for "Charter Party" Add To Word List
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A contractual agreement between a ship owner and a cargo owner, usually arranged by a broker, whereby a ship is chartered (hired) either for one voyage or a period of time.
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The document which outlines the agreements between a ship owner and the person or organization which chartered (or leased) a ship.
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A written contract between the owner of a vessel and the person desiring to employ the vessel (charterer); sets forth the terms of the arrangement such as duration of agreement, freight rate and ports involved in the trip.
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a contractual agreement between two entities for the purpose of renting, hiring, or leasing the exclusive use of a vessel.
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A contract in which the shipowner agrees to place his vessel or a part of it at the disposal of a third party, the charterer, for the carriage of goods for which he receives a freight per ton cargo, or to let his vessel for a definite period or trip for which a hire is paid.
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Renting of an entire vessel or part of its freight space for a particular trip or stipulated period of time.
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a contract for the hiring of a ship, or part of a ship, for a given voyage (voyage charter), or a given time (time charter) to carry cargo
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a contract providing for a hiring of a whole ship
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a written contract by which the owners or master lets the whole or part of their ship to a merchant for the transportation of goods on a particular voyage
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Lease or freight agreement between shipowner and charterer.
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An agreement, between a ship's owner and a charterer, for the hiring of a vessel for a specific purpose.
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A written contract between the owner of a vessel and the one (the charterer) desiring to empty the vessel, setting forth the terms of the arrangement, i.e., freight rate and ports involved in the contemplated trip.
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The contract of hire for a ship.
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A written contract, usually on a special form, between the owner of a vessel and a "charterer" who rents use of the vessel or a part of its freight space. The contract generally includes the freight rates and the ports involved in the transportation.
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A contract to hire or lease a vessel or aircraft for the transportation of goods for a specific voyage/flight. The terms thereof normally differ from those prevailing for the regular carriage of cargo by a liner vessel. Under ICC, UCP 400, Charters are prohibited unless specifically allowed under the credit.
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A maritime contract for the lease of all or part of a vessel for a period of time, or for one or more voyages.
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The contract evidencing the agreement of a shipowner to lease his vessel to another person or firm.
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A contract that sets out the terms on which a shipper contracts for the transportation of his cargo or a charterer contracts for the hire of a ship.
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A deed between a shipowner and a merchant for the hire of a ship or other vessel for the delivery of a cargo.
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