About this document

Chartering Terms and Abbreviations Guide by Deepak Karan is a document available to read on EtoBox.

This document provides definitions for various chartering terms used in the shipping industry. Some key terms defined include: - Charter party - A legal contract between an owner and a charterer for the hire of a whole ship or part of it. - Freight - The charge paid for transporting goods by ship. - Bunkers - The fuel used by ships, usually refers to fuel oil or diesel used to power engines and generate electricity. - Laycan - The laydays or cancellation period stated in a charter party. - Demurrage

Author

Deepak Karan

Language

EN