Logistics
Affreightment
General term for any contract for the maritime carriage of goods, whether by voyage, time, or volume. Encompasses charter parties, contracts of carriage, and volume agreements.
General term for any contract for the maritime carriage of goods, whether by voyage, time, or volume. Encompasses charter parties, contracts of carriage, and volume agreements.
General term for any contract for the maritime carriage of goods, whether by voyage, time, or volume. Encompasses charter parties, contracts of carriage, and volume agreements.
Charter Party
Contract between a vessel owner and a charterer for full or partial use of the vessel to transport cargo.
LogisticsCOA
Contract of Affreightment, a long-term agreement where the shipowner commits to transporting a determined quantity of cargo over a specific period without assigning a particular vessel. Common in bulk trade.
DocumentsBill of Lading (B/L)
An ocean transport document issued by the carrier that serves as a contract of carriage, receipt of goods, and document of title to the cargo.
LogisticsOcean Freight
The cost of transporting goods by sea from the port of origin to the port of destination, a fundamental component of customs value.