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Affreightment

   Also found in: Legal, Wikipedia 0.01 sec.
Af`freight´ment
n.1.The act of hiring, or the contract for the use of, a vessel, or some part of it, to convey cargo.
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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.
Teekay Reports Fourth Quarter and Annual Results by Business Wire
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.
International Shipholding Corporation Reports Fourth Quarter Results by Business Wire
(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.
Teekay Reports Third Quarter Results by Business Wire
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