charter party; ship chartering contract
A formal legal term for a contract to hire a vessel. Used in maritime law and shipping contexts.
We need to review the terms of the charter party.
Alternative spelling using 用船 instead of 傭船; both refer to the same concept, but 傭船 is more specific to hiring a vessel.
Compound of 傭船 (chartering a ship) and 契約 (contract). The exact historical derivation is uncertain, but the term is a standard modern legal expression.