chartered shi

1 definition found

chartered shi - Bouvier's Law Dictionary, Revised 6th Ed (1856) :

  CHARTERED SHIP. When a ship is hired or freighted by one or more merchants 
  for a particular voyage or on time, it is called a chartered ship. It is 
  freighted by a special contract of affreightment, executed between the 
  owners, ship's husband, or master on the one hand, and the merchants on the 
  other. It differs, from a general ship. (q.v.)