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  1. Services
  2. Aviation & Maritime Law
  3. Maritime Law
  4. Shipping Law
  5. Charter Party Agreements

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Shipping Law

Charter Party Agreements

What must a charter contain at minimum?

Parties, ship, cargo, ports of loading and destination, freight, basic obligations and conditions; the rest is added by agreement.

Who chooses the crew in a bareboat charter?

The charterer — this right is indicated among the requisites.

What happens after the bareboat term?

The ship returns, save for redemption — then, with obligations performed and the last instalment paid, ownership passes.

Can the Code’s rules be changed?

Yes — the chapter’s rules apply absent a different agreement of the parties.

What does redemption require?

A redemption right in the contract, performed obligations and the last freight instalment paid.

4 min·9 Jan 2026

Charter Party Agreements under the Maritime Code

The charter party — a ship hire contract — is the central document of commercial maritime law, and the Maritime Code of Georgia regulates its whole family in one chapter: the general requisites (Article 115), the definition and written form of the time charter (Articles 184 and 185), and the bareboat charter — transfer of the ship without crew, with a purchase option and detailed requisites (Articles 196 and 198). This page explains all three forms of charter together — what the contract must contain and what is left to the parties’ agreement.

Updated: 15 Oct 2026

Verified against current law: 9 Jul 2026

Legal basis:

  • საქართველოს სამოქალაქო კოდექსი
  • საზღვაო კოდექსი