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  2. Chartering (shipping) - Wikipedia

    en.wikipedia.org/wiki/Chartering_(shipping)

    Chartering is an activity within the shipping industry whereby a shipowner hires out the use of their vessel to a charterer. The contract between the parties is called a charterparty (from French charte partie 'parted document'). The three main types of charter are: demise charter, voyage charter, and time charter.

  3. Freight rate - Wikipedia

    en.wikipedia.org/wiki/Freight_rate

    A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination.

  4. Shipbroking - Wikipedia

    en.wikipedia.org/wiki/Shipbroking

    Some brokerage firms have developed into large companies, incorporating departments specialising in shipping's various sectors, e.g. Dry Cargo Chartering, Tanker Chartering, Container Chartering, Sale & Purchase, Demolition, Futures and Research; other "boutique" shipbroking firms concentrate on specific sectors of the shipping market.

  5. Bareboat charter - Wikipedia

    en.wikipedia.org/wiki/Bareboat_charter

    A bareboat charter, or demise charter, is an arrangement for the chartering or hiring of a ship or boat for which no crew or provisions are included as part of the agreement. Instead, the people who rent the vessel from the owner are responsible for taking care of such things and (for commercial shipping) obtaining insurance, usually for a ...

  6. Demurrage - Wikipedia

    en.wikipedia.org/wiki/Demurrage

    In commercial ship chartering, demurrage is an ancillary cost that represents liquidated damages for delays. It occurs when the vessel is prevented from loading or discharging cargo within the stipulated laytime (see affreightment: under Charter-parties). In the oil industry, it refers to the excess time taken to discharge or load, as the case ...

  7. Charterparty - Wikipedia

    en.wikipedia.org/wiki/Charterparty

    A charterparty (sometimes charter-party) is a maritime contract between a shipowner and a "charterer" for the hire of either a ship for the carriage of passengers or cargo, or a yacht for leisure. [1] Charter party is a contract of carriage of cargo in the case of employment of a (charter boat). It means that the charter party will clearly and ...

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