affreightment Definition
the act of hiring or chartering a ship, aircraft, or other vehicle for the transportation of goods or passengers.
Using affreightment: Examples
Take a moment to familiarize yourself with how "affreightment" can be used in various situations through the following examples!
Example
The affreightment of the cargo was handled by a shipping company.
Example
The affreightment contract was signed between the two parties.
Example
The affreightment of the plane was arranged by the travel agency.
affreightment Synonyms and Antonyms
Synonyms for affreightment
Phrases with affreightment
a type of charter party agreement where the charterer hires the vessel for a specified period of time and pays for all operating expenses
Example
The time charter affreightment was for a period of six months.
a type of charter party agreement where the charterer hires the vessel for a specific voyage or series of voyages and pays for the use of the vessel
Example
The voyage charter affreightment was for the transportation of crude oil.
a type of charter party agreement where the charterer hires the vessel without crew or provisions and is responsible for all aspects of the vessel's operation
Example
The bareboat charter affreightment was for the transportation of goods.
Origins of affreightment
from Middle English 'afreitement', meaning 'to hire a ship'
Summary: affreightment in Brief
'Affreightment' [uh-frahyt-muhnt] refers to the act of hiring or chartering a ship, aircraft, or other vehicle for the transportation of goods or passengers. It is often used in the context of contracts and agreements, such as 'The affreightment contract was signed between the two parties.' Different types of affreightment include time charter, voyage charter, and bareboat charter.
