Time Charter
Contract where the charterer has use of the vessel for a determined period paying a daily or monthly hire. The shipowner provides vessel and crew, but the charterer decides routes and cargo to transport.
Contract where the charterer has use of the vessel for a determined period paying a daily or monthly hire. The shipowner provides vessel and crew, but the charterer decides routes and cargo to transport.
Contract where the charterer has use of the vessel for a determined period paying a daily or monthly hire. The shipowner provides vessel and crew, but the charterer decides routes and cargo to transport.
Charter Party
Contract between a vessel owner and a charterer for full or partial use of the vessel to transport cargo.
LogisticsVoyage Charter
Charter contract where the shipowner makes the vessel available for a specific voyage from one port to another. The shipowner maintains operational control and pays operating expenses.
LogisticsBareboat Charter
Contract where the charterer takes complete possession of the vessel without crew or operational management, assuming all operating costs, maintenance, crew, and insurance as if they were the shipowner.
LogisticsOcean Freight
The cost of transporting goods by sea from the port of origin to the port of destination, a fundamental component of customs value.