An agreement by an ocean carrier to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer.

Affreightment is a contract by which a ship is hired to carry goods in return for a sum of money. This is a usually a contract between a ship-owner and another person called the charterer. In this kin [..]

"An agreement by a steamship line to provide cargo space on a vessel at a specified time for a specified price to accommodate an exporter or importer, who then becomes liable for payment even if [..]

The hiring or chartering of all or part of a vessel for the transport of goods.

A legal term to describe a contract between an ocean carrier and a merchant to carry a specified amount of goods for a certain freight rate over a set period of time. Should not be confused with a Charter Party which is another contract related to the hiring of a vessel for the carriage of goods where the vessel actually takes temporary possession [..]

An agreement made by an ocean carrier to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer.

The hiring of a ship in whole or part

An agreement by a steamship line to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer who then becomes liable for payment even though [..]

A contract which sets forth the obligations of both shipper and carrier con¬cerning transportation of the merchandise. The most common forms of affreightment are Bills of Lading and Waybills.

An agreement by an ocean carrier to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer.

Chartering or hiring vessel as freight carrier.

An agreement by a steamship line to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer.

the expression usually employed in shipping to describe the contract by which a vessel or the use of it, is let out to hire. The freighter on their part agrees to pay a specified price, called “freight,” for the carriage of the goods or the use of the ship. The contract is expressed in a bill of lading.

The initial premium paid at the beginning of an adjustable insurance contract. Normally at the end of the policy period and/or agreed subsequent periods, the basic premium is adjusted retrospectively [..]

An agreement by an ocean carrier to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer.

chartering or hiring of a ship to carry cargo