Legal dictionary
Charter party
A written, or partly written and partly printed, contract between a ship owner and a merchant, by which a ship is let or hired for the conveyance of goods on a specific voyage, or for a defined period. A vessel might also be hired to carry passengers on a journey. Where the vessel is hired for a single voyage, and the vessel’s owner provides the master, crew, bunker and supplies, the arrangement is known as a voyage charter.
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