Glossary

Part Load Charter

Tags: Glossary

A chartering arrangement in which a charterer books a portion of the capacity of a vessel or an aircraft.

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What is a Part Load Charter?

A part load charter is a type of air charter service that is used to transport smaller amounts of cargo than a full charter. It allows multiple shippers to share the cost of the charter flight by consolidating their cargo into a single shipment. This can be a cost-effective solution for companies that need to transport smaller quantities of goods. 

Related Glossary terms

Charter

Charter Party

Charter Service

Lay Days

Single Entry Charter

Split Charter

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