Charter Party

Language - English

Telugu Word - కప్పల్ వాటకై ఒప్పన్తమ్

A contract between a shipowner and a charterer for the hire of a ship or its cargo space. (e.g., The shipping company entered into a charter party agreement to transport goods from Hyderabad to Singapore.) While not directly related to land transactions, 'Charter Party' agreements might be found in historical Telangana documents, particularly in coastal regions, as they were used to facilitate maritime trade and the transportation of goods. These agreements could indirectly impact land-based businesses and industries reliant on shipping and trade.