Charterparty in Europe
Definition of Charterparty
(Carta partita, a deed cut in two.) A written agreement by which a shipowner lets an entire ship, or a part of it, to a merchant for the conveyance of goods, binding himself to transport them to a particular place for a sum of money which the merchant undertakes to pay as freight for their carriage. The principal stipulations refer to the places of loading and delivery, the, mode and time of paying the freight, the number of laying days (that is, the time allowed the freighter for loading and unloading), and the rate of demurrage (q.v.)
The charterparty may operate as a demise or lease of the ship itself with or without the services of the master and crew. The charterer then becomes for the time the owner of the vessel, and the master and crew become his agents or servants. The test is, ” Has the owner parted for the time with the whole possession and control of the ships” (Lord Esher in Baumvoll v. Gilchrist, [1893] A. C. 8.)
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Charterparty | Charterparty in the Family Law Portal of the European Encyclopedia of Law. |
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Charterparty | Charterparty in the Taxation Law Portal of the European Encyclopedia of Law. |
Charterparty | Charterparty in the Banking and Finance Law Portal of the European Encyclopedia of Law. |
Charterparty | Charterparty in the Employment and Labour Portal of the European Encyclopedia of Law. |
Charterparty | Charterparty in the Injury and Tort Law Portal of the European Encyclopedia of Law. |
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Definition of Charterparty is, temporally, from A Concise Law Dictionary (1927). This page needs to be proofread.
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