Transportation
Charter Party
Contract between a vessel owner and a charterer for full or partial use of the vessel to transport cargo.
Contract between a vessel owner and a charterer for full or partial use of the vessel to transport cargo.
A charter party establishes terms for vessel hire: route, duration, cargo, freight, responsibilities, and penalties.
Ocean Freight
The cost of transporting goods by sea from the port of origin to the port of destination, a fundamental component of customs value.
LogisticsShipping Line
A company owning or operating vessels that offers regular maritime cargo transport services on established routes, issuing bills of lading and charging freight.
LogisticsDemurrage
An additional charge by the shipping line when a container is not returned within the agreed free time period after discharge at port.
LogisticsBulk Cargo
Goods transported without individual packaging, poured directly into vessel holds or specialized vehicles, divided into dry bulk (minerals, grains) and liquid bulk (oil, chemicals).