Business Studies, asked by RiyaGungun, 3 months ago

What do you mean by Charter party..??​

Answers

Answered by ka371973m2
1

Answer:

Charter party, contract by which the owner of a ship lets it to others for use in transporting a cargo. ... The shipowner continues to control the navigation and management of the vessel, but its carrying capacity is engaged by the charterer.

Answered by poojasengundhar
1

Charter party, contract by which the owner of a ship lets it to others for use in transporting a cargo. The shipowner continues to control the navigation and management of the vessel, but its carrying capacity is engaged by the charterer.

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