Contract of Affreightment
/ˈkɒn.trækt əv əˌfreɪtˈmənt/
Definitions
- (n.) A maritime contract under which a shipowner agrees to carry goods for a shipper over a series of voyages or within a specified time rather than a single shipment.
The parties entered into a contract of affreightment to transport coal over several months.
Forms
- contract of affreightment
Related terms
See also
Commentary
A Contract of Affreightment differs from a charter party in that it governs multiple shipments or voyages rather than the use of the entire vessel for a single voyage or period.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.