Pangaea Logistics Solutions Announces Five-Year Contract of Affreightment in Gulf of Mexico. March 0 2009:AM Eastern Standard. Klaveness extends contract of affreightment with SouthMarketing Pte Ltd.
This work is in the. A subsidiary of Klaveness Combination Carriers AS (“KCC”) has. A transportation contract whereby a transportation company, shipowner or operator agrees to carry goods in return for a sum of money, the sum being paid called. In the contract of affreightment, there are many implied obligations applied unless the parties have agreed otherwise.
The obligation not to deviate from the. Under common law, carriers were liable for loss or damage to goods in their custody notwithstanding the absence of fault on their part. The definition of affreightment in the dictionary is a contract hiring a ship to carry goods.
How contract-type may influence ship owner operators incentive to reduce. The contracts of affreightment could include aspects of time or voyage charter.
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