What is 'charter vessel' in SAP TM-ADP-CSL-NAO - Network & Operations for Container Shipping Liners?

charter vessel - Overview

• Component: TM-ADP-CSL-NAO

• Component Name: Network & Operations for Container Shipping Liners

• Description: A vessel that is hired or freighted by one or more merchants for a particular voyage or time.

charter vessel - Details

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  Key Concepts: 
  A charter vessel is a type of ship that is leased or rented by a company for a specific period of time. It is typically used for transporting goods and materials, and is usually owned by a shipping line or other maritime company. The term “charter vessel” is often used in the context of container shipping liners, which are companies that specialize in transporting containers of goods from one port to another. 
  
  How to use it: 
  Charter vessels are typically used by companies that need to transport large amounts of goods over long distances. Companies can rent or lease a charter vessel for a specific period of time, and the vessel will be used to transport the goods from one port to another. The company will be responsible for paying the costs associated with the charter vessel, such as fuel, crew, and maintenance costs. 
  
  Tips & Tricks: 
  When renting or leasing a charter vessel, it is important to make sure that the vessel meets all safety regulations and has the necessary certifications. It is also important to make sure that the vessel has enough capacity to transport all of the goods that need to be shipped. Additionally, it is important to make sure that the charter vessel has an experienced crew who can safely navigate the waters and ensure that the goods arrive