The contract Chartering. Types and Features

The charterparty can be done in three different ways, the simplest and often used for the transportation of merchandise, it is the only recruitment shuttles, in it the contract is the service itself and is not tied to any particular ship.

This is the case, for example, when we send a container from Bilbao to Norfolk and the owner agrees to take only from source to destination by a certain cost, but may do so at any ship, own or subcontracted, and the only thing that is fixed is the price of freight and the loading dates.
It is simply a service contract.

The other two formulas are used when the contract is not transport the goods themselves but the ship itself and are used when a large amount of goods transported.

The first one is called "Voyage charter"And that's when the contract is a particular ship that will transport us (While using the whole ship "full charter"Or only a part of their warehouses or tanks"partial charteringʱ??) and here is set not only the freight, but the conditions in which it was carried out the same: Port / s loading and unloading, dates admitted to the charges "lay days cancelling"Charging amount and percentage in excess or deficiency, loading and unloading rhythms, how to tell time, delays, office etc..

The second way is to charter a ship time "Time Charter"That is simply renting it for a daily amount, monthly, anual etc.. and we can use it to carry on the same and during this time we want chartered goods between the ports we want, always full ship charters and can be done with the crew included with either "demise of the ship"Ie without crew, in the charter contract must specify the characteristics of the vessel, delivery dates, how long will the charter, the amount of rent payable etc ...

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