2001. Affreightment is a contract by which a person, the lessor, undertakes for a price, also called freight, to place all or part of a ship at the disposal of another person, the charterer, for navigation.
The contract, if in writing, is evidenced by a charterparty containing the names of the parties, their undertakings under the contract and particulars identifying the ship.
1991, c. 64, a. 2001; I.N. 2014-05-01.