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affreightment

   Also found in: Legal, Encyclopedia, Wikipedia 0.01 sec.
affreightment [əˈfreɪtmənt]
n
(Transport / Nautical Terms) a contract hiring a ship to carry goods
[from French affréter to charter a ship, from fret freight]
Translations
affreightment [əˈfreɪtmənt] Nfletamento m


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(1)TCE results for the Suezmax tanker fleet include certain FFAs and fixed-rate contracts of affreightment that were entered into as hedges against several of the Company's vessels.
The Company's Contract of Affreightment ("COA") and Rail-Ferry Service segments produced slightly lower results for the fourth quarter of 2006 as compared to the same period of 2005.
(a) TCE results for the Suezmax tanker fleet include certain FFAs and fixed-rate contracts of affreightment that were entered into as hedges against several of the Company's vessels.
 
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