Answers

Question and Answer:

  Home  Logistics Management

⟩ Explain what is affreightment?

Affreightment is a contract between ship owner and merchant, where ship owner provides or rented the space in the ship to the merchant for an agreed amount and for a specific period. In this contract, merchant is liable for the payment whether or not the ship is ready for the shipment.

 136 views

More Questions for you: