What Is a Sub Charterer?

What Is a Sub Charterer?

Sub-Charterers means any person entering into a Sub-Charter with the Charterers for the chartering of the Vessel from the Charterers (as disponent owners) to such person (as charterer).

What does charterer mean in shipping?

Charterer is someone who has signed a charter party with the shipowner for the hire of the required ship or a part of the capacity thereof..

What is sub shipment?

Sub-Charterer - Person or company who charters a ship for a party, who is not the owner but who, in turn, has chartered the ship. Sub-Freight - Freight payable by the sub-charterer, normally to the charterer.

David Miller
Author

David Miller

David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.