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Shipping & logistics

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.

See also

laycandemurragebareboat

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