verb to hire or charter a ship, aircraft, or other vehicle for the transportation of goods or passengers
Affreightment plays a key role in the planning and execution of supply chain operations.
Affreightment is the act of hiring a vessel to transport goods or passengers.
Affreightment agreements facilitate the movement of goods between different regions or countries.
Affreightment contracts outline the terms and conditions of the transportation agreement.
In the shipping industry, a writer may use the term 'affreight' when writing about the process of chartering a ship or cargo space.
A logistics manager may use 'affreight' when discussing the negotiation and arrangement of freight contracts for transporting goods.
A maritime lawyer may use 'affreight' when dealing with legal issues related to charter parties and freight contracts.
A freight forwarder may use 'affreight' when arranging the transportation of goods for clients and negotiating freight rates.