affreightment

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Related to Contracts of Affreightment: Time Charter, Cesser clause

affreightment

(əˈfreɪtmənt)
n
(Nautical Terms) a contract hiring a ship to carry goods
[C19: from French affréter to charter a ship, from fret freight]
Translations

affreightment

[əˈfreɪtmənt] Nfletamento m
References in periodicals archive ?
A marine oilfield-services provider, Teekay Offshore, has announced new 3-year shuttle tanker contracts of affreightment, plus extension options, with BP (BP), Royal Dutch Shell (RDS.
For example, bunker escalation clauses in contracts of affreightment are de facto derivatives, but I have never seen them disclosed separately.
Charterers are obliged to incorporate the clause in any sub contracts or contracts of affreightment issued pursuant to the charterparty.
The decision of MoT came after two Chinese national bulk operators China COSCO and China Merchants Energy Shipping said they would order 10 new Valemaxes each to serve the 25-year-term contracts of affreightment (COAs) they had signed with Vale.
Negotiations are in progress with public sector organizations for long terms of contracts of affreightment in compliance with the directive of Federal Government obligating PNSC to act as shipping agent and provide shipping service to public sector organizations.
Odd as that may seem, most claims are adjusted via the insertion, usually by reference, of the York-Antwerp Rules (Association of Average Adjusters 2003-10) into ocean bills of lading, contracts of affreightment, other contracts of carriage, and marine insurance policies.