voyage charter


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voyage charter

n
the hire of a ship or aircraft for a specified number of voyages. Compare time charter
References in periodicals archive ?
Both were previously under voyage charter, which requires the Company to shoulder all costs but provide for higher revenues.
This was mainly attributable to the decrease in voyage charter income and dry docking maintenance of two vessels during the year.
charter party agreements: voyage charter, time charter, and demise or
2 provides for carrier and shipper to agree for loading, handling, stowing and unloading of the goods to be performed by the shipper, documentary shipper or consignee as normally done for voyage charter (volume contract) which may include FIOST.
ST) announced on Tuesday that it has renewed its contract with a major oil and gas company for a consecutive voyage charter arrangement for the P-MAX tankers Stena Provence and Stena Polaris, in the Asia-Pacific region.
The ballast bonus serves as a compensation and incentive for the ballast (empty) leg of the trip from the ship's last port of discharge to the port where the charter would commence, for example, the first place of loading under a voyage charter or the point of delivery under a time charter.
Tokyo ("K" Line; TSE: 9107) is proud to announce that an en bloc deal of ten consecutive voyage charter (CVC) contracts, duration of which are for ten-year each, was concluded and signed with JSW Steel Limited and JSW Energy Limited, Mumbai-based companies both belong to O.
These vessels were excluded from the Command's approach because (1) Southern Command force protection officials have determined that DOD policies do not specifically include voyage charters as part of their antiterrorism responsibilities, and (2) Naval Forces, Southern Command, and Military Sealift Command, Atlantic, officials have not clearly defined antiterrorism roles and responsibilities for voyage charter vessels.
MLI) for a voyage charter of three tugs and six barges (tandem tow) at a unit price for each tandem of $310,000.
Consideration of the standard charterparties available, some of the common considerations in selecting an appropriate charterparty and suitable clauses and legal principles and problems caused by time and voyage charter parties
industry: the demise charter, the time charter, and the voyage charter.
With the amount of LNG traded on the spot market continuing to grow BIMCO is developing a new contract for the transportation of LNG under voyage charter terms.