Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%

Maritime Dictionary

Charter Party

Cargo & Trade

Meaning

Definition

A contract between a shipowner and a charterer for the hire of a vessel or part of its cargo space for a specified voyage, period of time, or on a bareboat basis. Standard charter party forms such as GENCON, NYPE, and BALTIME are widely used in the industry.

Related Terms

Charter Party

Definition

See Also