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charter


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The contract for the employment of a merchant ship or yacht. Charters are of two main types: a time charter, in which the owners of the ship provide the crew and all other requirements for operating it; and bare hull, bare pole, or bare boat charter. Hence charter party, the written deed or contract for the hiring for freight of the whole or part of a merchant vessel, for specific voyages or on a time basis.

Subjects: Maritime History.


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