Abstract

The concept of charter contract1 was originally developed in the field of maritime law.2 It is usual to make a rough distinction between the three following types of maritime charter contracts, of which only two are considered as “real” charter agreements:- (1) Voyage charter agreements, i.e. agreements concerning the chartering of an equipped ship (ship with crew) for one or more determined voyage or voyages. (2) Time charter agreements, i.e. agreements concerning the chartering of an equipped ship for a specified period of time, the particular voyages to be determined later on by the charterer. (3) Bare-hull (bareboat) charter or demise charter agreements (charter by demise), i.e. agreements concerning the “chartering” of a non-equipped ship.

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