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Charterhire Money paid to a vessel’s owner by the charterer for the use of a vessel under a time charter or bareboat charter. Payments for timecharters are usually made during the course of the charter every 15 [..]
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Charterhire Money paid to a vessel’s owner by the charterer for the use of a vessel under a time charter or bareboat charter. Payments for timecharters are usually made during the course of the charter every 15 [..]
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CharterhireA sum of money paid to the shipowner by a charterer for the use of a ship. Charterhire paid under a voyage charter is also known as "freight."
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