Shipping Glossary
Berth TermShipped under rate that does not include cost of loading or unloading |
BFABANGLADESH FEEDER ADDITIONAL |
BFSVAdvisory and research institute for ocean shipment packaging in Hamburg |
BHPBrake Horse Power |
BilgeSpace at the bulge for collecting water and oil |
Bill of Lading (B/L)A document that establishes the terms of a contract between a shipper and a transportation company that moves freight between specified ports for a specified charge. Usually prepared by the shipper on forms issued by the carrier, it serves as a document of title, a contract of carriage and a receipt for goods. There are different types of B/Ls |
Bill of SaleConfirms the transfer of ownership of certain goods to another person in return for money paid or loaned |
Bill to PartyCustomer designated as party paying for services |
Billed WeightThe weight shown in a waybill and freight bill |
Billeting OfficerTerm used in Hamburg for trustees of import merchants who have a knowledge of goods and in their capacity as warehousing experts inspect goods, deliver expert opinions and draw samples. Today, the billeting officer, together with the apprenticeship trades of cargo inspectors and tally clerks, forms the professional group of marine cargo inspectors |