{"@context":"https://schema.org","@type":"DefinedTerm","name":"Charter Rate","description":"When oil prices climb or vessel capacity tightens, the effect shows up directly in the charter rate – the price a charterer pays the shipowner for the use of a vessel. The charter rate is expressed differently depending on the contract form: as a daily hire in USD per day under a time charter, as a rate per tonne of cargo for a specific voyage under a voyage charter, or as a bare rental for the vessel without crew under a bareboat charter. Its level is driven by supply and demand for tonnage, ve","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/charter-rate","inLanguage":"en","dateModified":"2026-07-24T22:34:04.553197","citation":"https://www.balticexchange.com/en/who-we-are/guide-to-modern-shipping/chartering-.html","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/charter-rate","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Charter Rate · When oil prices climb or vessel capacity tightens, the effect shows up directly in the charter rate – the price a charterer pays the shipowner for the use of a vessel. · Quelle: https://www.balticexchange.com/en/who-we-are/guide-to-modern-shipping/chartering-.html"}