As a word, charter freight is the whole of the goods to be transported one place to another. A freight contract is signed in return for the transportation of goods by sea. Freight contract is among the terms frequently used in the international logistics industry. Freight contracts are the documented presentation of the fee given for the transportation of the goods of one party in maritime transport. Different freight contracts can be prepared according to transportation or payment options. In transportation applications made with freight contracts, the fee paid for ship transportation is called freight.
What is the Freight Contract?
Freight contracts appear in maritime transport. Freight contracts show the obligation of the importer or exporter company in ship transportation. While calculating the freight payment, the customs duties to be applied to the goods in the import and export transactions are added together with the transportation fee. Freight contracts have become important in today's conditions with the serious increase in trade between continents. Much higher-capacity loads are delivered to their destination in maritime transports. For all transports to be made by sea, the importer or exporter company prepares contracts. The freight contract contains all the details of the goods transfer. Freight contracts are evaluated under certain conditions. Certain rules must be followed while chartering a freight contract.
What are the Parties in Freight Contracts?
Freight contracts involve two different parties. In freight contracts, there is a carrier or a shipper. One of the most important parts of the contracts is the goods that are loaded and sent. Apart the carrier and the shipper in the freight contracts, there are the following responsibilities;
- Shipper: The person who delivers the goods promised to be transported one port to another in the freight contract. The sender may be the person who transports the goods directly.
- Sent: Persons who will receive these goods at the destination port of the goods. It is stated on the freight contract who will pick up the goods the port.
What are the Requirements for Freight Contracts?
In each transportation method, contracts are created between the sending company and the carrier company. Certain conditions must be met in order for freight contracts to be valid in maritime transport. These conditions are as follows;
- Goods transportation must be completed by sea in order to conclude freight contracts.
- In freight contracts, it should be promised that all goods will be transported.
- The cargo mentioned in the contract should not be under the sovereignty of the carrier company.
- A certain price must be paid to the carrier or the owner of the ship for the transportation of goods. If the freight cost is allocated as a forty barn contract, this amount should be calculated.
You can send us your questions about freight contracts. All of our company's activities; can present you by acting within the framework of legal legislation. Our shipping agency aims to offer excellence to its customers. Our company, which improves its quality day by day, can offer solutions in this field. We act by creating a safe and impartial business environment in the maritime sector. Our company acts by respecting business laws and values. We aim to optimize resources and produce sustainable solutions in this area. You can contact us for chartering freight solutions.
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