Trump shipping, and with it the institute of chartering ships, originated in the Mediterranean basin during the early Middle Ages. In those days, charter agreements were concluded in the form of so-called charter parties (lat. Charta partita – paper divided into parts).
The skipper (carrier) and the merchant (shipper) made a charter party on one sheet of paper, which was then torn into two parts, one for each of the parties to the contract. Continue reading