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Affreightment |
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AFFREIGHTMENT, Com. law. The contract by which a vessel or the use of it, is let out to hire. See Freight; General ship. |
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? References in periodicals archive |
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(1)TCE results for the Suezmax tanker fleet include certain FFAs
and fixed-rate contracts of affreightment that were entered into as
hedges against several of the Company's vessels. The Company's Contract of Affreightment ("COA") and
Rail-Ferry Service segments produced slightly lower results for the
fourth quarter of 2006 as compared to the same period of 2005. (a) TCE results for the Suezmax tanker fleet include certain FFAs
and fixed-rate contracts of affreightment that were entered into as
hedges against several of the Company's vessels. |
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