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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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