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There are three classes of charter parties - the Voyage, the Time, and the Demise or BareBoat. The test to distinguish a demise charter is control.
The voyage charter is the most common. Under this method a ship is chartered for a one-way voyage between specific ports with a specified cargo at a negotiated rate of freight.
A charter party (commonly abbreviated to \u201cC/P\u201d) i) is a document containing the written terms of a charter agreement between a shipowner and a charterer, who are usually respectively referred to in the text in the plural, i.e. as \u201cOwners\u201d and \u201cCharterers\u201d.
There are three main types of charters \u2013 voyage charter, time charter, and demise charter. The demise charter is often known as a bareboat charter, and grants ownership or possession of the vessel to the charterer subject to certain time-bound conditions.
For hundreds of years, written contracts covering the leasing of a ship have been known as \u201ccharter parties.\u201d The term \u201ccharter party\u201d derives from the Medieval Latin phrase \u201ccarta partita,\u201d meaning \u201cdivided document.\u201d To ensure the authenticity of a document, it was customary to execute the contract two times on the ...

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A charter agreement is a formal contract outlining your business relationship with another person or company. These agreements can be used for many purposes, including hiring employees, buying and selling goods and services, working together on projects, starting joint ventures, etc.
charter party, contract by which the owner of a ship lets it to others for use in transporting a cargo. The shipowner continues to control the navigation and management of the vessel, but its carrying capacity is engaged by the charterer.
There are three main types of charterparty: time, voyage and demise and another. In a demise (or bareboat) charter, the charterer takes responsibility for the crewing and maintenance of the ship during the time of the charter.
The three main types of charter are: demise charter, voyage charter, and time charter.
There are three main types of charterparty: time, voyage and demise and another. In a demise (or bareboat) charter, the charterer takes responsibility for the crewing and maintenance of the ship during the time of the charter. He assumes the legal responsibilities of the owner, and is known as a disponent owner.

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