Which term refers to a contract where a party leases a ship for one or more voyages?

The term that refers to a contract where a party leases a ship for one or more voyages is "Charter." In the maritime context, "chartering" a vessel allows the charterer to utilize the ship for specified periods or for particular voyages without actually owning the ship. This arrangement can include various types of charters, like time charters or voyage charters, depending on the needs of the charterer.

Time charters give the charterer control over the ship for a predetermined period, while voyage charters specify a one-time route, providing flexibility for different shipping requirements. This specialized term is widely used in shipping and maritime operations due to its precise implications on the relationship between the owner and the charterer, including responsibilities and liabilities.

In contrast, the other terms do not accurately encapsulate this specific leasing arrangement in maritime law. A "Transport Agreement" typically refers to the terms of shipping goods rather than the leasing of the ship itself, "Ship Lease" is more general and is less commonly used in maritime contexts, and "Freight Arrangement" often pertains to the payment for cargo shipped rather than the lease of the ship for the voyage. Thus, "Charter" is the most appropriate choice.