Sentence examples similar to a charterer leases from inspiring English sources

It is rare for a charterer to insist that it could pay but won't, simply because shipping rates have gone down since it signed the contract.

Operator means any person including, but not limited to, an owner, a charterer, or another contractor who conducts, or is responsible for, the operation of a vessel.

Under both demise and time charters, the charterer pays charter hire for the use of the vessel at a specified daily or monthly rate.

After a time they signed a lease.

In a voyage charter the charterer rents the vessel from the loading port to the discharge port.

In a bareboat charter the charterer acts as the ship's operator and manager, taking on responsibilities such as providing the crew and maintaining the vessel.

A week later, I signed a lease.

"We signed a new lease".

I have a new lease on life".

"It's a new lease of life.

All leases not qualifying as a capital lease are classified as operating leases.