Contract of Affreightment

A contract between a cargo shipper and carrier for the transport of multiple cargoes over a period of time. Contracts are individually negotiated and usually include cargo description, quantities per shipment and in total, load and discharge ports, freight rates and duration of the contract.

Related Links

Affreightment
Contract of Affreightment
Long Term Contracts of Affreightment – Matrix Maritime Services
Contract of Affreightment Definition – Operations & Supply Chain Dictionary
Types of Charter – Tutorial; Types of Charter – Tutorial

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