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Time Charter

shipping container at sea
Definition

Time charter is an arrangement in the shipping industry where a vessel is leased or chartered for a specific period, typically for a fixed number of months or years. The charterer gains control over the vessel during the agreed-upon time, assuming responsibility for its operations, crewing, and maintenance.

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Time Charter

Definition

Time charter is an arrangement in the shipping industry where a vessel is leased or chartered for a specific period, typically for a fixed number of months or years. The charterer gains control over the vessel during the agreed-upon time, assuming responsibility for its operations, crewing, and maintenance.

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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