contract of affreightment

Definition

Binding agreement which sets forth the obligations and rights of the owner of a vessel (aircraft or ship) and a merchant. The vessel owner undertakes to provide cargo-space (at a specified time, and for a specified freight) to the merchant who is liable for payment whether or not the cargo is ready for shipment. This contract addresses issues associated specifically with a vessel, its crew, and the routes on which it will be plied. Also called contract of freightment. See also charterparty and contract of carriage.

单词	contract of affreightment
释义	contract of affreightment Definition Binding agreement which sets forth the obligations and rights of the owner of a vessel (aircraft or ship) and a merchant. The vessel owner undertakes to provide cargo-space (at a specified time, and for a specified freight) to the merchant who is liable for payment whether or not the cargo is ready for shipment. This contract addresses issues associated specifically with a vessel, its crew, and the routes on which it will be plied. Also called contract of freightment. See also charterparty and contract of carriage.
随便看	cost reimbursement cost reimbursement contract cost risk costs cost saving cost sensitivity cost sharing cost sharing agreement cost sharing contract cost sheet cost structure cost substantiation cost tracking cost tradeoff cost underrun cost unit cost validation cost value logic cost variance cost verification cost-volume-profit (CVP) analysis co-tenancy co-tenancy clause co-terminal coterminus