Hiring the whole of a ship or aircraft. The hirer is called the charterer and the document setting out the terms and conditions of the contract is called the charterparty. In a time charter the ship or aircraft is hired for a specified period, usually with the owner operating it and the charterer paying fuel and stores costs. However, in a bareboat charter (or demise charter), which is a form of time charter, the charterer pays for all crew expenses. In a voyage charter, the ship or aircraft is hired for a single voyage between stated ports to carry a stated cargo and the owner pays all the expenses of running the ship. In an open charter the charterer may use the ship or aircraft to carry any cargo to any port.

Big dictionary of business and management. 2014.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Chartering — can refer to: Charter airline Chartering (shipping) See also Charter (disambiguation) This disambiguation page lists articles associated with the same title. If an …   Wikipedia

  • chartering — index incorporation (formation of a business entity) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • Chartering — Charter Char ter, v. t. [imp. & p. p. {Chartered}; p. pr. & vb. n. {Chartering}.] 1. To establish by charter. [1913 Webster] 2. To hire or let by charter, as a ship. See {Charter party}, under {Charter}, n. [1913 Webster] …   The Collaborative International Dictionary of English

  • Chartering (shipping) — Admiralty law History …   Wikipedia

  • chartering — char·ter || tʃɑːtÉ™ n. document granting certain rights and privileges; contract, lease v. hire, rent …   English contemporary dictionary

  • chartering — / tʃɑ:tərɪŋ/ noun the act of hiring for a special purpose …   Marketing dictionary in english

  • chartering —  n.m. Affrètement d un navire …   Le dictionnaire des mots absents des autres dictionnaires

  • Dual chartering — refers to the system by which credit unions in the United States can be chartered under either of two governmental authorities; by either the federal government or by the state government.[1] This system exists because of the Federal Credit Union …   Wikipedia

  • New England Tanker Chartering — The New England Tanker Chartering, Inc. is a shipbroker that started in 1984. Kevin T. O Hara founded the company after he resigned as a vice president of Stolt Nielsen where he worked for fifteen years. The company also has a Houston, Texas… …   Wikipedia

  • ФРАХТОВАНИЕ СУДОВ — (CHARTERING OF VESSELS) процесс заключения условий договора фрахтования судна. В более широком смысле под фрахтованием понимается также работа по бронированию линейного тоннажа, которое оформляется подписанием букинг нота. Ф.с. в трамповом… …   Глоссарий терминов по грузоперевозкам, логистике, таможенному оформлению

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”