Charterparty is the instrument by which a vessel is leased. It was a contract by which a ship, or a principal part of it, is leased by the owner, to a merchant for the conveyance of goods on a predete [..]

A written contract between a shipowner and a charterer who rents use of the ship or part of its freight capacity. A voyage charterparty is a contract covering transport of goods from one or more ports to one or more ports and will detail the costs and responsibilities involved.

A contract or agreement by which a ship-owner agrees to lease, and a charterer agrees to hire, an entire ship, or all or part of the cargo space to carry cargo for an agreed sum under certain conditio [..]

Contract between shipowner and person who hires his ship or space therein, for a specific voyage or a period of time.