Voyage Charter
A voyage charter is a contract between a shipowner and a charterer for the hire of a vessel for a single voyage between specific ports. The charterer is responsible for paying for the use of the vessel, as well as for the costs of fuel, port fees, and other expenses associated with the voyage. The shipowner is responsible for providing a seaworthy vessel and crew, as well as for paying for the vessel's insurance and maintenance costs. The terms of a voyage charter can vary widely depending on the needs of the charterer and the availability of suitable vessels. Voyage charters are commonly used in the shipping industry to transport bulk commodities such as oil, grain, and coal.
Your Previous Searches
Random Picks
- Infrared Tracking Camera: An infrared tracking camera is a device that uses infrared technology to detect and track objects in the maritime environment. It is commonly used in maritime surveillance and security systems to monitor vessel traffic, detect potential thr ... Read More >>
- Fouled Hawse: Fouled Hawse is a nautical term that refers to a situation where the anchor chain becomes twisted around the vessel's stem or another anchor chain. This can occur when the vessel swings around the anchor due to wind or current changes. Foul ... Read More >>
- Towing Operations: Towing operations in the maritime context refer to the process of pulling or drawing a vessel, such as a barge, ship, or an offshore platform, by another vessel known as a tugboat. The operations are critical in ports, harbors, and offshore ... Read More >>
Top News
Southeast Asian defense chiefs meet in Laos as maritime disputes with China are ...
Southeast Asian defense chiefs and representatives are meeting in the Laotian capital for security talks at a time of increasing maritime disputes with China in the Asia-Pacific and as the transition ...
News Source: ABC News on 2024-11-20
Biden's $100 billion disaster aid request includes money to rebuild the collapse...
President Joe Biden’s pending request to Congress for nearly $100 billion in emergency disaster aid includes money to rebuild Baltimore’s Francis Scott Key Bridge after its deadly collapse in Marc...
News Source: ABC News on 2024-11-19
The Houthis appear determined to score a hit on the American and European warshi...
The US and European Union have maintained a significant Middle East naval presence to battle the Houthis over the past year....
News Source: Business Insider on 2024-11-19
US defense chief says alliance with Philippines will transcend administrations...
U.S. Defense Secretary Lloyd Austin has condemned China's dangerous actions against the Philippines and renewed a warning that the United States would defend its treaty ally if Filipino forces come un...
News Source: ABC News on 2024-11-19
Death of 19-year-old employee found in Walmart walk-in oven was not foul play, p...
No foul play is suspected in the death of the 19-year-old Walmart employee whose body was found in the store’s walk-in oven in Canada last month, police said Monday....
News Source: NBC News on 2024-11-18