All terms

Charterparty

The contract between shipowner and charterer for the use of a vessel.

A charterparty is the contract between a shipowner and a charterer for the use of a vessel. Types: voyage charter (single voyage), time charter (vessel for a period), bareboat (vessel without crew).

For oil, typical templates are Asbatankvoy, Shelltime, BPTime.

Related: Laycan, Demurrage, Bareboat.

What does Charterparty mean in oil and commodity trading?
The contract between shipowner and charterer for the use of a vessel.
How do I check a counterparty that uses Charterparty in a deal?
The term itself is not enough to clear or condemn a deal. What matters is the counterparty behind the pitch. Screen that name for free against OilFlow's first-party fraud-cluster corpus in seconds, and confirm identity documents and banking details independently before you transact.

These terms show up in real deal pitches — some legitimate, some not. The free check screens the counterparty behind the pitch against OilFlow's first-party-investigated fraud-cluster corpus in seconds. It queries no sanctions list.

Paste the company, person, or vessel name from the pitch. Free, no signup.

A written read within three business days: the broker-scam cluster corpus, a cached US sanctions pre-screen and the 235-jurisdiction tradability matrix. Not the full eight-list screen, and PEP is not screened. No account, nothing to buy.