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7
Period charter
The vessel is hired for a specified period of time for payment of a daily, monthly or annual fee. There are three types, time charter, trip charter and consecutive voyage charter.
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Source: Maritime Economics, 3rd edition, page 176
Source: Maritime Economics, 3rd edition, page 176
Flashcard info:
Author: andersson.j
Main topic: Naval Architecture
School / Univ.: Chalmers
City: Gothenburg
Published: 15.10.2009