Gross Terms

Gross Terms

Summary of Gross Terms

Synonymous with Gross Charter (read this and related legal terms for further details).

(Main Author: William J. Miller)

Gross Terms in International Trade

Meaning of Gross Terms, according to the Dictionary of International Trade (Global Negotiator): Chartering terms whereby the vessel owner is responsible for the costs of loading, stowing, trimming and unloading. Many voyage charters are handled on this basis. Also called gross charter.


Posted

in

, ,

by

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *