NYKCool, the Stockholm-based subsidiary of Japan s NYK Line, has been seeking payment of a 2011 arbitration award for $ 8.79m, plus costs, over a collapsed contract of affreightment ( COA ) with companies associated with Noboa, who controls the Bonita Banana brand and who was placed fifth in last year s Ecuadorian presidential elections.
12.
The contract under which a ship is so let may be called a charter-party but it is not, properly speaking, a contract of affreightment, and is mentioned here only to clarify the distinction between a charter-party of this kind, which is sometimes called a " demise of the ship ", and a charter-party that is a " contract of affreightment ".
13.
The contract under which a ship is so let may be called a charter-party but it is not, properly speaking, a contract of affreightment, and is mentioned here only to clarify the distinction between a charter-party of this kind, which is sometimes called a " demise of the ship ", and a charter-party that is a " contract of affreightment ".
14.
A " contract of affreightment " is a contract between a " ship-owner " and another person ( called the " charterer " ), in which the ship-owner agrees to carry goods for the charterer in the ship, " or " to give the charterer the use of the whole or part of the ship's cargo-carrying space for the carriage of goods on a specified voyage or voyages or for a specified time.
15.
In some classes of contracts such as sale of goods, marine insurance, contracts of affreightment evidenced by bills of lading and those between parties to tills of exchange, Parliament has defined by statute some of the events not provided for expressly in individual contracts of that class; but where an event occurs the occurrence of which neither the parties nor Parliament have expressly stated will discharge one of the parties from further performance of his undertakings it is for the court to determine whether the event has this effect or not.
How to say affreightment in Hindi and what is the meaning of affreightment in Hindi? affreightment Hindi meaning, translation, pronunciation, synonyms and example sentences are provided by Hindlish.com.
