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Related to charterers: Time Charter


1. A document issued by a sovereign, legislature, or other authority, creating a public or private corporation, such as a city, college, or bank, and defining its privileges and purposes.
2. A written grant from the sovereign power of a country conferring certain rights and privileges on a person, a corporation, or the people: A royal charter exempted the Massachusetts colony from direct interference by the Crown.
3. A document outlining the principles, functions, and organization of a corporate body; a constitution: the city charter.
4. An authorization from a central organization to establish a local branch or chapter.
5. Special privilege or immunity.
a. A contract for the commercial leasing of a vessel or space on a vessel.
b. The hiring or leasing of an aircraft, vessel, or other vehicle, especially for the exclusive, temporary use of a group of travelers.
7. A written instrument given as evidence of agreement, transfer, or contract; a deed.
Of, relating to, or being an arrangement in which transportation is leased by a group of travelers for their exclusive, temporary use.
tr.v. char·tered, char·ter·ing, char·ters
1. To grant a charter to; establish by charter.
2. To hire or lease by charter: charter an oil tanker.
3. To hire (a bus or airplane, for example) for the exclusive, temporary use of a group of travelers.

[Middle English chartre, from Old French, from Latin chartula, diminutive of charta, paper made from papyrus; see card1.]

char′ter·er n.


[ˈtʃɑːtərəʳ] Nfletador(a) m/f
References in classic literature ?
Almost each morning a letter from my owners would arrive, directing me to go to the charterers and clamour for the ship's cargo; to threaten them with the heaviest penalties of demurrage; to demand that this assortment of varied merchandise, set fast in a landscape of ice and windmills somewhere up-country, should be put on rail instantly, and fed up to the ship in regular quantities every day.
Then a time charter, Norfolk, Virginia, loading mysterious contraband coal and sailing for South Africa under orders of the mysterious German supercargo put on board by the charterers.
The crew was sickly, the cargo was coming very slow; I foresaw I would have lots of trouble with the charterers, and doubted whether they would advance me enough money for the ship's expenses.
Meantime the owner, the underwriters, and the charterers squabbled amongst themselves in London, and our pay went on.
No, you won't,' says she; 'I'm the charterer of the Emily, and Captain Munster has acted under my orders.
ship owners and, in some cases, charterers are permitted to limit their
domiciled ship owners and charterers need to have access to the same immediate 24/7 advice and tailored solutions their counterparts across Europe and the rest of the world expect.
The DNV GL Excellence Certificate 5 Stars also verifies this to our charterers, Claus-Peter Offen said at the award ceremony.
A comprehensive summary will be delivered to the owner or charterer annually and at the end of the guarantee period.
The vessel is chartered at a base rate of $7,000 per day and a ceiling of $12,000 per day, with a profit sharing arrangement of 75% for owners and 25% for charterers to apply to any amount between the base and the ceiling and for any amount in excess of the ceiling the profit sharing arrangement will be 50% for owners and 50% for charterers.
Its award winning products and services are designed to help ship owners, charterers, operators, fleet managers and captains identify the safest, most time-efficient or fuel-efficient routes for their fleets.
com, a single, global marketplace for both the yacht charter industry and individual yacht charterer alike.