Chartering is the chartering of the whole ship. It is cheaper to charter a ship than a liner, and it is available for a direct route. The method of chartering is mainly a fixed charter and regular chartering.

Make a voyage charter. The voyage charter is based on a voyage and is called a charter boat. The ship must carry out the cargo transport in accordance with the charter of the charter party, and shall be responsible for the operation and management of the ship and the expenses incurred on the voyage. The freight rates of the charter ships are generally calculated according to the quantity of the goods shipped, and also in the amount of the voyage charter.

The rights and obligations of the charter party shall be stipulated in the charter party. In the form of a charter party, the contract shall specify whether the ship shall bear the cost of loading and unloading in port. If the ship does not load and unload, it shall stipulate in the contract the time of loading and unloading, and the corresponding demurrage and dispatch fee. If the tenant fails to complete the loading and unloading within a time limit. In order to compensate the ship for the loss caused by the delay of the voyage, the penalty shall be paid to the ship, which is demurrage. If the tenant finishes the loading and unloading in advance, the chartering party shall pay a certain amount of money, called dispatch money. The usual dispatch is half the demurrage.

Charter boats regularly. Time charter is in a certain time of vessels to transport way, also known as the period of chartering, the ship shall be provided in the contract during the lease term the ship seaworthy, and to maintain the airworthiness of the expenses. The charterer shall, in this period, be able to schedule the ship within the specified area of the navigation area, but shall be responsible for the expenses incurred in the course of the operation such as fuel charge, port fee and discharge charge.