instal the last version for ios Maritime Calling

Under a time charterparty, the ship owner provides captain, crew and equipment, and is responsible for the technical operation and navigation of the ship. Time charterparty – A contract where the ship owner agrees to charter a ship to the charterer for a specified period of time in consideration of the payment of hire. The ship owner in a voyage charterparty is likely a ship operator. A voyage charterparty is generally considered as a COA. The ship owner also bears the commercial risk relating to the ship and goods.

Under a voyage charterparty, the ship owner has the whole management and navigational control of the ship, and retains the right to commercially exploit the earning capacity of the ship for its own benefit. Voyage charterparty – A contract where the ship owner agrees to carry the charterer’s goods between specified destinations in consideration of the payment of freight on a per tonne or lump-sum basis. In the maritime industry, there are three main types of charterparties: voyage charterparty, time charterparty and bareboat charterparty. A COA may be contained in a charterparty or evidenced by a bill of lading.

Generally, a contract of affreightment (COA) is entered into between a ship operator and a shipper, in which the ship operator agrees to carry goods by sea for the shipper in consideration of the payment of freight.

In essence, a ship operator provides services for the carriage by sea of passengers and/or goods, including any chartering activities incidental or ancillary to the ship operation business, towage and dredging operations.Ī ship operator is a carrier by sea of passengers and/or goods.

Ship operators chargeable to Hong Kong Profits TaxĪ ship operator is a person carrying on a business of operating ships as an owner operator or a charterer operator, but does not include dealing in ships or agency business in connection with sea transport.

Factors for determining whether a person is a ship operator.

Function, risk and asset profile of a ship operator.

Instal the last version for ios Maritime Calling