charter of affreightment

charter of affreightment
An agreement, contract, lease or commitment by which the possession or services of a vessel are secured for a period of time, or for one or more voyages, whether or not a demise of the vessel. 48 Am J1st Ship § 296. Contracts of affreightment are of two kinds which differ widely in their nature and legal effect. Charterers or freighters may become the owners for the voyage without any sale or purchase of the ship, as in cases where they hire the ship and have by the terms of the contract, and assume in fact, the exclusive possession, command and navigation of the ship, and contracts for a specified voyage, as, for example to carry a cargo from one port to another, the arrangement in contemplation of law is a mere affreightment sounding in contract, and not a demise of the vessel, and the charterer or freighter is not clothed with the character or legal responsibility of ownership. Reed v United States (US) 11 Wall 591, 20 L Ed 220.

Ballentine's law dictionary. . 1998.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • charter — verb To hire, rent or lease for a temporary use; e.g. to hire or lease a vessel for a voyage noun An instrument emanating from the sovereign power, in the nature of a grant, either to the whole nation, or to a class or portion of the people, to a …   Black's law dictionary

  • charter — verb To hire, rent or lease for a temporary use; e.g. to hire or lease a vessel for a voyage noun An instrument emanating from the sovereign power, in the nature of a grant, either to the whole nation, or to a class or portion of the people, to a …   Black's law dictionary

  • charter — A grant of power to act as a corporation under a special act of the legislature, Humphrey v Pegues, (US) 16 Wall 244, 21 L Ed 326; a grant of power to act as a corporation given by Congress; articles of incorporation, considered together with the …   Ballentine's law dictionary

  • charter party — A maritime contract within admiralty jurisdiction. 2 Am J2d Adm § 67; a contract by which an entire ship, or some principal part thereof, is let by the owner to another person for a specified time or use. 48 Am J1st Ship § 296. See charter of… …   Ballentine's law dictionary

  • Affreightment — Admiralty law History …   Wikipedia

  • Charter-party — This article is about the maritime legal term. For the Cincinnati political party, see Charter Party …   Wikipedia

  • affreightment — /afreytmant/ A contract of affreightment is a contract with a ship owner to hire his ship, or part of it, for the carriage of goods. The Fred Smartley, Jr., C.C.A.Va., 100 F.2d 971, 973. Such a contract generally takes the form either of a… …   Black's law dictionary

  • affreightment — /afreytmant/ A contract of affreightment is a contract with a ship owner to hire his ship, or part of it, for the carriage of goods. The Fred Smartley, Jr., C.C.A.Va., 100 F.2d 971, 973. Such a contract generally takes the form either of a… …   Black's law dictionary

  • affreightment — ▪ international law       contract for carriage of goods by water, “freight” being the price paid for the service of carriage. Such contracts are of immense importance to the world economy, forming the legal structure of the arterial traffic of… …   Universalium

  • affreightment — mənt noun ( s) Etymology: modification of French affrètement, from affréter + ment : a mercantile lease of a vessel under which it remains in charge of the owners; also : the act of hiring a vessel under such a lease compare charter 5 …   Useful english dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”