Voyage Charter
/ˈvɔɪɪdʒ ˈtʃɑːrtər/
Definitions
- (n.) A maritime contract where a shipowner agrees to transport cargo for a specified voyage between designated ports at an agreed freight rate.
The parties signed a voyage charter for transporting coal from Australia to Japan.
Forms
- voyage charters
Related terms
See also
Commentary
Voyage charters are commonly contrasted with time charters and bareboat charters; clarity in specifying the voyage and freight terms is essential to prevent disputes.
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.