A charterparty (sometimes charter-party) is a maritime contract between a shipowner and a "charterer" for the hire of either a ship for the carriage of passengers.
Charter party, contract by which the owner of a ship lets it to others for use in transporting a cargo. The shipowner continues to control the navigation and. Hire or lease contract between the owner of a vessel (aircraft or ship), and the hirer or lessee (charterer).
What is CHARTERPARTY definition of CHARTERPARTY (Black's Law Dictionary)
Under a charterparty, a vessel is rented (in full or in part) for one or more voyages (voyage charter) or for a fixed period (time charter). Also called charter agreement.
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Bill of lading Charter-party. The name "charterparty" is an anglicisation the French charte partieor "split paper", i. The master or part owner may be a charterer.
What is Charter party Definition and meaning
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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. Definition of Charter party: A contract under which a charterer agrees to hire the use of a ship from a shipowner.
The charterer in some cases will be empowered.
Charty party forms in a charter agreement between shipowner and charterer
The legal definition of Charterparty is A transportation contract which includes the full and exclusive use of the airplane, vehicle or vessel for the duration of the.
A contract of affreightment in writing, by which the owner of a ship lets the whole or a part of her to a merchant, for the conveyance of goods on a particular voyage, in consideration of the payment of freight.
There are three main types of charterparty: The Ilarvey and Henry, 86 Fed. In a demise charter, the charterer is the carrier; in a time or voyage charter the shipowner is the carrier. A voyage or time charter is used only for larger yachts and is uncommon. Voyage charter Time charter Bareboat charter Demise charter Affreightment.