voyage charter
Quick Summary
A voyage charter is a contract where a shipowner agrees to transport a full shipload of cargo for another party. The ship's crew and master remain in control of navigation and management of the vessel. This is the most common type of charter, typically for a single voyage between specific ports with a designated cargo at an agreed freight rate. The owner generally covers all voyage expenses, though costs for loading and discharging may be negotiated separately. Once the cargo is delivered, the ship is available for the owner's next employment.123
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The voyage charter is the most common. Under this method a ship is chartered for a one-way voyage between specific ports with a specified cargo at a negotiated rate of freight. On time charter, the charterer hires the ship for a stated period of time, for…
Read MoreThe voyage charter is the most common. Under this method a ship is chartered for a one-way voyage between specific ports with a specified cargo at a negotiated rate of freight. On time charter, the charterer hires the ship for a stated period of time, for…
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shipThe tramp trade…chartering a tramp ship are voyage charter, time charter, bareboat charter, and contract charter. The voyage charter, in which a ship is chartered for a one-way voyage between specified ports, with a specified cargo at a negotiated rate of freight, is most common. The charterer agrees to provide the cargo…
Read More…chartering a tramp ship are voyage charter, time charter, bareboat charter, and contract charter. The voyage charter, in which a ship is chartered for a one-way voyage between specified ports, with a specified cargo at a negotiated rate of freight, is most common. The charterer agrees to provide the cargo…
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