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LSDefine

Simple English definitions for legal terms

chartered ship

Read a random definition: nonresident

A quick definition of chartered ship:

A chartered ship is a type of boat that is hired by one person or company to transport their goods. It is different from a general ship, which is available for anyone to use for a particular voyage. When someone charters a ship, they are paying to have exclusive use of it for their cargo. The shipper sends their goods to the carrier for transportation to another place.

A more thorough explanation:

A chartered ship is a type of vessel used for navigation. It can be hired by a person or company to transport their goods. There are two types of chartered ships:

  1. Ship specially hired: This is a ship that is hired by only one person or company to transport their goods.
  2. Ship with chartered space: This is a ship on which a shipper has hired space for their cargo.

On the other hand, a general ship is a vessel that is put up for a particular voyage to carry the goods of any persons willing to ship goods on it for that voyage.

  • A company hires a chartered ship to transport their goods from one country to another.
  • A shipper hires space on a chartered ship to transport their cargo.
  • A general ship is put up for a particular voyage, and anyone who wants to ship goods on it can do so.

These examples illustrate the different types of chartered ships and how they are used to transport goods from one place to another.

chartered life underwriter | charter-land

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