TRAMP STEAMER

A 'tramp steamer', or 'tramp' for short, is any ship which does not have a fixed schedule or published ports of call. (As opposed to freight liners), tramp ships trade on the spot market with no fixed schedule or itinerary/ports-of-call(s). Steamers are infrequently seen today, as steam has largely been replaced by diesel engines -- which can be operated more economically. Because of this the term 'tramp freighter' is sometimes used.
The term is derived from an old meaning of "tramp" as itinerant beggar or vagrant, and is first documented in the 1880s, along with "ocean tramp" (at the time many sailing vessels engaged in irregular trade as well).
There are several tramp charter types for hiring vessels.

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Charter types

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Charter types

★ 'voyage charter' is the charter or hiring of a vessel and crew for a one-time trip or voyage.

★ 'time charter' is hiring of a vessel for a specific amount of time, the owner still manages the vessel but the charterer selects the ports of destination and controls the operation of the ship.

★ 'bareboat charter' is an arrangement for the hiring of a vessel, whereby no administer or technical maintenance are included as party of the agreement.

★ 'demised charter' shifts the control and possession of the vessel; the charterer takes full control of the vessel along with the legal and financial responsibility for it.

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★ Tramp shipping