---
title: "Charter Party Agreements"
url: "https://legal.ge/en/service/aviation-and-maritime-law-en/charter-party-agreements-en"
field: "Aviation & Maritime Law"
description: "Charter party agreements under Articles 115, 184, 185, 196 and 198 of the Maritime Code: requisites, time and bareboat charter. Legal.ge."
reviewed: "2026-07-09"
updated: "2026-10-15"
publisher: "legal.ge"
---

# Charter Party Agreements

> Source: legal.ge, https://legal.ge/en/service/aviation-and-maritime-law-en/charter-party-agreements-en

## 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.

The full text is available on legal.ge after signing in: https://legal.ge/en/service/aviation-and-maritime-law-en/charter-party-agreements-en

### 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.