affreightment
Sign in to saveAffreightment (from freight) is a legal term relating to shipping.
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Article
11 sectionsContents
- Rules of law
- In default of express contract
- Bills of lading
- Express stipulations
- Charter-parties
- Voyage charter
- Time charter
- Customary rights
- See also
- References
- Sources
Affreightment (from freight) is a legal term relating to shipping.
A contract of affreightment is a contract between a ship-owner and a charterer, in which the ship-owner agrees to carry goods for the charterer in the ship by water. The contract may give the charterer the use of the whole or part of the ship's cargo-carrying space for the carriage of goods on a specified voyage or voyages or for a specified time. The charterer agrees to pay a specified price, called freight, for the carriage of the goods or the use of the ship.
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