S/L/38. Describe at least one example of each type of the various methods of employing a vessel and explain the legal and the practical responsibility of the ship owners and charterers for each method

This paper explores the various types of methods of employing a vessel and also the legal and practical responsibilities of the ship owners and chatterers. In the first part f this work, I have identified two different types of ways in which a vessel may be employed: the voyage charter and the time charter. I have examined the nature of charter party contracts in the context of international sale of goods. I have then gone on to examine the various obligations that both the chatterers and ship owners have with relation to both the voyage charter party and the time charter party.