Glossary

Charter Party

What is
Charter Party
?

A Charter Party is a maritime contract between a ship owner and a charterer for the rent or hire of either the entire vessel or part of the vessel for the carriage of goods or passengers. The shipowner controls the navigations and management of the vessel; however, the charterer manages the vessel's carrying capacity. 

More Questions? or Let’s just connect!

Thank you! We will get back to you soon
Oops! Something went wrong while submitting the form.