Noun
/taɪm ˈʧɑːrtʃər/
A time charter is a type of charter agreement where the owner of a vessel leases it to a charterer for a specific period. The charterer has control over the vessel's operations during this time and pays the owner a fixed rate or a rate based on the vessel’s operating expenses. This term is commonly used in maritime and shipping contexts. In terms of frequency, "time charter" is more frequently used in written contexts, especially in contracts, legal documents, and shipping industry documentation.
Грузовая компания подписала тайм-чартер на новый грузовой корабль, чтобы обеспечить его эффективное использование.
Under the time charter, the charterer is responsible for the vessel's operational costs.
По условиям тайм-чартера, чартер в ответе за эксплуатационные расходы судна.
The benefits of a time charter include flexibility and the ability to control the vessel's schedule.
"Time charter" may not specifically appear in many idiomatic expressions, but relevant phrases involving time or charter may exist in maritime discussions. Here are some idiomatic expressions relevant to the theme of time charter:
Time is of the essence in fulfilling the terms of the time charter as delays can lead to penalties.
All in good time - This expression means that things will be done when the right time comes.
We will receive the new vessel on a time charter; everything will be done in good time.
Killing time - Engaging in activities to pass time while waiting.
While we were waiting for the time charter agreement, we were killing time playing games.
Make time for - To allocate time for a particular activity.
The term "time charter" combines the word "time," referring to the duration of the lease, and "charter," which derives from the Latin "carta," meaning a written document, specifically a legal document concerning property or rights. This etymology reflects the nature of the agreement being a legal contract involving terms of use and duration.
This comprehensive overview outlines the term "time charter," its usage, and relevant expressions while providing additional context on its significance in the maritime industry.