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The main types of charter parties are Bareboat Charter Party (sometimes called a Demise Charter). Time Charter Party and Voyage Charter Party.
There are three main types of charterparty: time, voyage and demise and another.In a demise (or bareboat) charter, the charterer takes responsibility for the crewing and maintenance of the ship during the time of the charter.In a time charter, the vessel is hired for a specific amount of time.More items...
Charter party, contract by which the owner of a ship lets it to others for use in transporting a cargo. The shipowner continues to control the navigation and management of the vessel, but its carrying capacity is engaged by the charterer. Related Topics: chartering.
The three main types of charter are: demise charter, voyage charter, and time charter.
Charty party forms in a charter agreement between shipowner and charterer. i) is a document containing the written terms of a charter agreement between a shipowner and a charterer, who are usually respectively referred to in the text in the plural, i.e. as Owners and Charterers.