The word "charterer" is correct and can be used in written English.
It refers to a person or company that hires or leases a vehicle, vessel, or aircraft for a specified period of time. Example: The charterer of the yacht was responsible for all expenses and maintenance during their month-long rental.
On time charter, the charterer hires the ship for a stated period of time, for a specified round-trip voyage, or, occasionally, for a stated one-way voyage, the rate of hire being expressed in terms of so much per ton deadweight per month.
Whereas on a voyage charter the owner bears all the expenses of the voyage (subject to agreement about costs of loading and discharging), on time charter the charterer bears the cost of bunkers and stores consumed.
The charterer on the other side doesn't charter the ship for long enough a period to make low-carbon technologies pay back".
"We would like to see it fly six times a year," said Mr. James, a former Concorde charterer who in 1982 paid £55,000 to charter one of the aircraft to take a plane full of paying guests from London to the Egyptian pyramids and back again in the same day.
A skipper, if required, costs £95 per day (they need their own cabin and the charterer is responsible for their food).
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.
According to the organizers of the Singapore Yacht Show, private charters are becoming more popular in Southeast Asia, and global charterers are starting to shift their focus from traditional cruising grounds in search of more exotic cruising destinations.
IT IS not unusual for charterers of ships to fail to pay their owners, and for the owners to have the vessels and their cargoes impounded.
With the bulk-shipping business in the doldrums, the profitable nickel trade is a siren call for ship owners and charterers.
Potential charterers, he notes, need to be reassured first hand that they are doing the right thing.
Then commodity traders, ship charterers and financiers would mingle amongst each other in a general clamour.
