1959. The contract by which a ship is let is termed a charter party. By it the owner may either let the capacity or burden of the ship, continuing the employment of the owner s master, crew, and equipments, or may surrender the entire ship to the charterer, who then provides them himself. The master or a part owner may be a charterer.
(Enacted 1872.)Section: Previous 1955 1956 1957 1958 1959
Last modified: September 9, 2016