What is CHARTER PARTY? Definition of CHARTER PARTY in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.
A contract by which a ship, or some principal part thereof, is let to a merchant for the conveyance of goods on a determined voyage to one or more places. Fish v. Sullivan, 40 La.Ann. 193, 3 So. 730; Vang v. Jones & Laughlin Steel Corporation, D.C.Pa., 7 F.Supp. 475, 478.
A specific and express contract by which the owner lets a vessel or some particular part thereof to another person for a specified time or use. Jones & Laughlin Steel Corporation v. Vang, C.C.A.Pa., 73 F.2d 88, 91.
A written agreement by which a ship owner lets the whole or a part to a merchant for the conveyance of goods in consideration of payment of freight. Maude & P. Mer. Shipp. 227; Parker v. Washington Tug & Barge Co., 85 Wash. 575, 148 P. 896, 898. 3 Kent Comm. 201.
The contract by which a ship owner may either let the capacity or burden of the ship, continuing the employment of the owner's master, crew, and equipments, or may surrender the entire ship to the charterer, who then provides them himself. The master or part owner may be a charterer. Civil Code Cal. § 1959; Civil Code Dak. § 1127.
"A charter party may be a contract for the lease of the vessel, or for a special service to be rendered by the owner of the vessel. Where, as is very frequently the case, the shipowner undertakes to carry a cargo, to be provided by the charterer, on a designated voyage, the arrangement is * * * a mere contract of affreightment." United States v. Hvoslef, 237 U. S.' 1, 35 S.Ct. 459, 460, 59 L. Ed. 813, Ann. Cas.1916A, 286.
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That's the definition of CHARTER PARTY in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.
