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What is organization's charter?

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In a voyage charter, the charterer hires the vessel for a single voyage, while the vessel's owner (or disponent owner) provides the master, crew, bunkers and supplies. In a time charter, the vessel is hired for a specific amount of time. The owner still manages the vessel but the charterer givers orders for the employment of the vessel, and may sub-charter the vessel on a time charter or voyage charter basis.

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