- Published on
Legal Terms - Freight
1. The profit obtained by a shipowner or lessee from utilizing the vessel for personal use, leasing it to others, or transporting commodities on behalf of others. The sum due under a contract of affreightment for the maritime transport of goods.
1. The profit obtained by a shipowner or lessee from utilizing the vessel for personal use, leasing it to others, or transporting commodities on behalf of others. The sum due under a contract of affreightment for the maritime transport of goods.
0 Comments