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of a vessel (aircraft or ship), and the hirer or
(charterer). Under a charterparty, a vessel is rented (in full or in part) for one or more voyages (voyage charter) or for a fixed
(time charter). Normally, the vessel owner retains rights of
while the chartrer has the
to choose the ports of call. Also called
, and written also as
cost and freigh...
free on board (...
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Mentioned in These Terms
charterparty bill of lading (B/L)
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