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Chartered ship

shipping container at sea
Definition

A chartered ship refers to a vessel that is leased or hired by a charterer for a specific period to transport goods or passengers. Unlike regular commercial vessels, which operate according to the schedules and routes of the shipping company, a chartered ship allows the charterer to have more control over the ship's use and itinerary. The charterer pays a fee, known as charter hire, to the shipowner in exchange for the exclusive use of the vessel for the agreed-upon period.

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Chartered ship

Definition

A chartered ship refers to a vessel that is leased or hired by a charterer for a specific period to transport goods or passengers. Unlike regular commercial vessels, which operate according to the schedules and routes of the shipping company, a chartered ship allows the charterer to have more control over the ship's use and itinerary. The charterer pays a fee, known as charter hire, to the shipowner in exchange for the exclusive use of the vessel for the agreed-upon period.

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Get the Most Advanced Visibility Into the Journey of Your Ocean and Rail Containers

Talk to one of our supply chain experts to get started now.
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Shipping container at seaShipping container at sea