The S.S. Hollowpoint has a charter party in which the charterer assumes no responsibility for the operation of the vessel but pays stevedoring expenses. What is the name of the charter party?

Correct Answer: Option A — Voyage

A voyage charter is a contract where the shipowner provides the vessel and crew for a specific voyage, retaining operational control. The charterer pays for the transport of goods and often covers specific costs like stevedoring, but does not assume the operational responsibilities inherent in a bareboat or demise charter.