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Time charter
A form of charter party wherein owner lets or leases his vessel and crew to the charterer for a stipulated period of time. The charterer pays for the bunkers and port charges in addition to the charter hire.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Sailing
- Category: Boat rentals
- Company:
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- Acronym-Abbreviation:
Other Languages:
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