Difference between revisions of "Charter Party"
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| − | 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> | + | 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>[http://www.marad.dot.gov/publications/glossary/glossary.html U.S. Department of Transportation Maritime Administration]</ref> |
==References== | ==References== | ||
<references/> | <references/> | ||
[[Category:Shipping Terms]] | [[Category:Shipping Terms]] | ||