Shipping & logisticscharterparty
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.
Frequently asked
- 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.
See also
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