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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:
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