Charter party

A charter party is a contract between the shipowner and the charterer whereby the shipowner provides a vessel or part thereof to the charterer for the...

A CIF Charter is a charter party (contract of carriage) for the hire of a vessel or the carriage of goods under a CIF-type arrangement: under CIF (Cos...

FOB Charter refers to a charter party arrangement in which the seller’s obligations end once the cargo has been loaded on board the vessel at the name...

Air charter is the commercial service of hiring an entire aircraft for transporting cargo or passengers according to the specific schedule, routing, a...

Chartering refers to the hiring of an entire transport unit (e.g. vessel, aircraft, truck) by a shipper or forwarder under a charter party agreement, ...

A time charter is a contract under which the shipowner leases a vessel to the charterer for a specified period, with the charterer directing the voyag...