Incoterms 2020

Voyage Charter

A shipping contract where a vessel is hired for a single voyage between specified ports, with payment based on cargo quantity or lumpsum.

Quick answer: A shipping contract where a vessel is hired for a single voyage between specified ports, with payment based on cargo quantity or lumpsum.

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Quick answer

A shipping contract where a vessel is hired for a single voyage between specified ports, with payment based on cargo quantity or lumpsum.

Why it matters

Voyage Charter matters because it supports clear communication in Incoterms 2020 contexts for Freight Forwarders, Supply Chain Managers, and Customs Brokers. It also connects to aviation training and exam language such as FIATA Diploma, CILT Certification, and IATA DGR.

Editorial context

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Questions and answers

Questions and answers

What is Voyage Charter?

In this glossary, Voyage Charter refers to: A shipping contract where a vessel is hired for a single voyage between specified ports, with payment based on cargo quantity or lumpsum.

How is Voyage Charter used in logistics?

In logistics communication, this term appears in contexts such as: "The exporter signed a voyage charter for a one-time shipment of steel coils from Rotterdam to Shanghai."

Why does Voyage Charter matter in logistics?

Voyage Charter matters because it supports clear communication in Incoterms 2020 contexts for Freight Forwarders, Supply Chain Managers, and Customs Brokers. It also connects to aviation training and exam language such as FIATA Diploma, CILT Certification, and IATA DGR.

Who uses Voyage Charter?

Voyage Charter is mainly used by Freight Forwarders, Supply Chain Managers, and Customs Brokers.

What category does Voyage Charter belong to?

In this glossary, Voyage Charter is grouped under Incoterms 2020. Related pages in this category explain adjacent procedures, commands and operational concepts.

Where does this definition come from?

This definition is sourced from Incoterms 2020 (ICC), FIATA, IATA DGR, WCO and published by Protermify Logistics as a static logistics reference page.

Definition

A shipping contract where a vessel is hired for a single voyage between specified ports, with payment based on cargo quantity or lumpsum.

Operational example

The exporter signed a voyage charter for a one-time shipment of steel coils from Rotterdam to Shanghai.

Definition language

English reference definition

Source

Incoterms 2020 (ICC), FIATA, IATA DGR, WCO

Category

Incoterms 2020

Exam relevance

  • FIATA Diploma
  • CILT Certification
  • IATA DGR

Target audience

  • Freight Forwarders
  • Supply Chain Managers
  • Customs Brokers

Related terms

Use the related links below to continue through connected logistics terminology.

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