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New page: A '''Charter Party''' is a written contract between the owner of a vessel and the person desiring to employ the vessel which sets forth the terms of the arrangement such as duration of...
A '''Charter Party''' is a written [[contract]] between the owner of a vessel and the person desiring to employ the vessel which sets forth the terms of the arrangement such as duration of agreement, freight rate and [[port]]s involved in the trip.<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/publications/glossary/glossary.html]</ref>
==References==
<references/>
[[Category:Shipping terms]]
==References==
<references/>
[[Category:Shipping terms]]