Glossary

Would you like to know what a certain transport term means? Click on the first letter of the term below.

Bare hull chartering

The owner leases the unequipped, uncrewed ship to the charterer (shipowner) for a certain, often long term. The freight rate is usually determined on the basis of the cargo capacity of the ship at summer freeboard and per month or other time unit. The freight rate can also be a fixed rate. In the event of bare hull chartering, the charterer is the carrier. He issues the Bill of Lading.

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