Affreightment (from freight) is a legal term used in shipping. A contract of affreightment is a contract between a ship-owner and another person (called the charterer ...
Wait, there’s more! This word doesn't usually appear in our free dictionary, but we’ve shared just a bit of the information that appears in our premium Unabridged ...
Examples from the Web for affreightment Expand Historical Examples Charter-party, chrt′ėr-pr′ti, n. the common written form in which the contract of ...
affreightment (əˈfreɪtmənt) n (Nautical Terms) a contract hiring a ship to carry goods [C19: from French affréter to charter a ship, from fret freight]
A contract of affreightment is a contract with a ship-owner to hire his ship, or part of it, for the carriage of goods. Such a contract generally takes the form ...
See: carriage affreightment a contract by a shipowner to carry goods for the freighter. The contract will be found in a BILL OF LADING or CHARTERPARTY.
Affreightment, contract for carriage of goods by water, “freight” being the price paid for the service of carriage. Such contracts are of immense importance to ...
See also contract of affreightment. Definition of affreightment: Chartering or hiring of a vessel as freight carrier. See also contract of affreightment.
affreightment [ə′frāt·mənt] (industrial engineering) The lease of a vessel for the transportation of goods.
These included signing a contract of affreightment for the transport of furnace oil with the Pakistan National Shipping Corporation as well as signing a MoU with the ...