
charterer
A charterer is an individual or company that arranges to rent a vessel, such as a ship or aircraft, from its owner for a specific period or voyage. They do not own the vessel but contract to use it for transportation of goods or passengers. The charterer pays a fee for the use of the vessel and is responsible for directing its operations during the charter period. Essentially, the charterer acts as a client who obtains the vessel’s services for their specific needs, whether for commercial shipping, cargo transport, or other purposes.