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Short Description

TIME CHARTER A charterer pay for the use of a vessel for a specified period. The charterer also provides and pays for fuel, port charges, and pilotage. The shipowner retains responsibility for navigation and most operations aboard the vessel.

TC OUT contracts are also stored in the module, however these are generated through the Voyage Estimate module and documented under that module. TC IN TC COntracts module.

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Mandatory CP date on Voyage Freeze Screen The CP date is mandatory when freezing a voyage.

A time charter is the hiring of a vessel for a specific period of time; the owner still manages the vessel but the charterer selects the ports and directs the vessel where to go. The charterer pays for all fuel the vessel consumes, port charges, commissions, and a daily hire to the owner of the vessel.

A trip time charter is a comparatively short time charter agreed for a specified route only (as opposed to the standard time charter where charterer is free to employ the vessel within agreed trading areas).the hire of a ship or aircraft for a specified period

 

Transport vessel or vehicle charter for one or a specified number of trips (voyages). Time charter generally includes loading and unloading costs in the charter rate. Also called spot charter.

 

A time charter is the hiring of a vessel for a specific period of time; the owner still manages the vessel but the charterer selects the ports and directs the vessel where to go. The charterer pays for all fuel the vessel consumes, port charges, commissions, and a daily hire to the owner of the vessel.

A trip time charteris a comparatively short time charter agreed for a specified route only (as opposed to the standard time charter where charterer is free to employ the vessel within agreed trading areas).

time charter -  a contract for the hire of a ship or charterparty for a specified period of time; the charterer pays for the bunker fuel, fresh water, port charges, etc. in addition to charter 

Transport vessel or vehicle charter for a fixed perod instead of for a certain number of voyages or trips. Time charter generally does not include loading and unloadingcosts in the charter rate.

On time charter, the charterer undertakes to hire the ship for a stated period of time or for a specified round-trip voyage or, occasionally, for a stated one-way voyage, the rate of hire being expressed in terms of so much per ton deadweight per month. Whereas on a voyage charter the owner bears all the expenses of the voyage (subject to agreement about costs of loading and discharging), on...

 

Long Description

 The Voyage charter section:

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