charter

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Charter

Articles of Incorporation

A document outlining the basic functions of a company. Among other things, it states whether it will be an S Corporation or a C Corporation and how many authorized shares there will be. It also states how its corporate governance and operations will work. A company that seeks to incorporate must file articles of incorporation with the appropriate authority. In the United States, that authority is usually the states and sometimes the federal government. It is also called a corporate charter or simply a charter. See also: Charter Amendment Limitations.

charter

References in periodicals archive ?
owners of cargo carried on board the ship--the time charterer is often
In addition, we are very excited about this new general shipping agency service agreement with the Charterer as it gives us a tremendous opportunity to optimize our operating cash flows and increase our shipping agency revenues in fiscal year 2016.
The m/v Asian Grace, a 1999 built and 20,427 dwt handysize dry bulk carrier, entered into a two (2) year time charter agreement with a profit sharing arrangement to a first class charterer.
Benefits for the charterer include a choice of nearly 5,000 vessels in more than 300 destinations worldwide, together with stories and reviews on both boats and destinations.
It developed and implemented a Passport Action Plan and secured an insurance deal with a New York-listed dry ship operator to insure an entire fleet against the risk of charterer default.
Steve Thomas, managing director of the charterer, Pyramid Shipping Consultants in Trinidad, said the company had asked Haiti to act after the MV Romana I, carrying US$300,000 worth of construction equipment, ignored instructions to deliver the equipment in Tobago and sailed with it to Haiti -- which was not a scheduled stop;
The Genco Spirit was delivered to its charterer, Cargill International S.
The Genco Avra is expected to be delivered to its charterer, Cargill International S.
The Baltic Panther is expected to deliver to its charterer, Klaveness Chartering, on or about May 21, 2011, to commence a spot market-related time charter for 22.
Under the terms of each contract, the charterer is entitled to extend the time charters from two to four months in order to complete the vessel's final voyage plus any time the vessel has been off-hire.
The charter agreement for the vessel Ocean Protector has been extended by six months by the charterer Australian Customs and Border Control.
The Baltic Bear was delivered to its charterer, Cargill International S.