GLOSSARY

Charterparty/Charter-party

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 pleasure purposes.

What is Charterparty/Charter-party?

Charter party is a contract of carriage of goods in the case of employment of a tramp (charter boat).

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