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Taxi operators pay the booking service an affiliation fee. More than 60% of licenses are assigned (or leased or rented) to taxi operators, who pay the license holder assignment fees. These fees fluctuate, and typically are in the order of $24,000 per annum. The operator owns, maintains and operates the taxi vehicle as well as the taximeter.
S/he assumes the legal responsibilities of the owner, and is known as a disponent owner. [citation needed] In a time charter, the vessel is hired for a specific amount of time. The shipowner manages the vessel but the charterer gives orders for the employment of the vessel, and may sub-charter the vessel on a time charter or voyage charter basis.
A ship's port call requires an agent to handle a vast range of operations, which usually takes place at remote locations far from the ship owner's office. These operations are handled by the shipping agent on behalf of the ship owner. There could be two ways in which the shipping agents may become appointed or nominated to provide agency services.
The owner will authorize and pay for the capital project of the hotel but the responsibility of it is assigned to the operator. The hotel management contracts can be lengthy and complicated. The negotiation of this agreement focusing the power of the owner and the rights of the operator. The initial draft is offered by the prospective operator.
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Fleet management also refers to the management of ships while at sea. Shipping fleet management contracts are normally given to fleet management companies that handle aspects like crewing, maintenance, and day-to-day operations. This gives the ship owner time to concentrate on cargo booking.