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Bareboat Charter an agreement between a ship owner and a charterer (an individual or company chartering a vessel) that essentially gives the charterer complete responsibility for the vessel and its operation over the course of the charter.
Charter Agreement means a performance-based agreement between the sponsor of a public charter school and the chartering authority, the terms of which are approved by the chartering authority for an initial period of ten.
A cargo owner needs cargo moved (or a ship operator needs an additional ship.) He engages a shipbroker who finds suitable ships. After meticulous checking of the ships, the charterer chooses a ship, and via the broker, makes a FIRST OFFER.
Definition of charter 2a : a grant or guarantee of rights, franchises, or privileges from the sovereign power of a state or country The charter allows for unrestricted trading.
Charter Agreement means a performance-based agreement between the sponsor of a public charter school and the chartering authority, the terms of which are approved by the chartering authority for an initial period of ten.