Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
catch-time charter
See time charter under charter (4).
time charter
A charter for a specified period, rather than for a specific task or voyage; a charter under which the shipowner continues to manage and control the vessel, but the charterer designates the ports of call and the cargo carried. 0 Each party bears the expenses related to its functions and for any damage it causes. - Also termed catch-time charter.