It is an agreement by which the ship owner agrees to let an entire ship or substantial part of it to a shipper for the conveyance of goods on a certain voyage, to a definite place or for a specific period in consideration of “freight”.
FYBMS, SYBMS, TYBMS and beyond BMS
It is an agreement by which the ship owner agrees to let an entire ship or substantial part of it to a shipper for the conveyance of goods on a certain voyage, to a definite place or for a specific period in consideration of “freight”.
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