The charterer`s liability insurance coverage coverage may vary depending on the type of charter and the additional inclusions or exclusions agreed before the purchase of the insurance. The Baltic Air Charter Association (“BACA”) has developed the attached draft model contract as a guide for its members and others, with respect to frequently used contractual clauses, which are involved in agreements that may cover the transactions they carry out. The attached project model is developed only as an indication and as an example and is not exhaustive or final, as all transactions are different. BACA does not provide any assurance or assurance as to the effectiveness or applicability of this project or its content and BACA disclaims any responsibility for the people who can count on it. People who wish to use this project should seek their own legal advice. 11.4 There are no claims against the broker in respect of a warranty or otherwise arising from or in connection with the chartering of the aircraft, unless that guarantee, guarantee or compensation is expressly included or contained in this Agreement. Travellers use seat quotas (partial charter) for airlines or entire aircraft (full charter) for air travel. Depending on the type of vessel and the type of charter, a standard contract form, designated as a party to the charter, is used to record the exact rate, duration and conditions agreed between the owner and the charterer. Payload and chartered capacity: [ ] kilos and/or volumetric equivalent: [] cubic meters. In some cases, a charterer may own cargo and use a boat broker to find a ship to deliver the load at a certain price, called freight rate. Freight rates can be expressed on a specific link (for example.

B for iron ore between Brazil and China), in world points (for oil tankers) or, alternatively, on a total amount, normally in U.S. dollars, per day for the agreed duration of the charter. The objective of chartering is therefore to ensure that certain means of transport are, for a fixed period, other than the owners. If it is the charter of sailing and motorboats for holidays or regattas, the man usually dies as a charter yacht. Chartering is an activity within the marine industry in which a shipowner leases the use of his vessel to a charterer. The contract between the parties is referred to as the “charter party” (the “charter party” or the French “sharing document”). The three main types of charters are: chartering, travel chartering, and on-time chartering. A charterer can also be a cargo-free party, which takes a ship from the owner to the charter for a specified period and then acts to transport goods with a profit above the rental rate, or even make a profit in a rising market by refloating the ship to other charterers.