Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%

Maritime Dictionary

COA

Cargo & Trade

Meaning

Definition

Contract of Affreightment, a long-term agreement between a shipper and a shipowner to transport a specified quantity of cargo over a given period, with individual shipments made on vessels nominated by the owner. COAs provide cargo volume certainty for shipowners and freight rate stability for shippers.

Related Terms

COA

Definition

See Also