Shipping Glossary
BAFBunker Adjustment Factor, used to compensate steamship lines for fluctuating fuel costs. Also called FAF, Fuel Adjustment factor |
Balloon FreightLight, bulky articles |
Bank GuaranteeGuarantee issued by a bank to a carrier to be used in lieu of lost or misplaced original negotiable bill of lading |
BankingTransition period between low and high tide during which the water level does not change. Duration about 20 minutes |
BarSand bank or shallows near a river mouth or in front of/ at a mouth of a harbour |
Bar HarbourA harbour which can only be touched at high tide |
Barge CarrierSpecial ship for the overseas transport of barges. The barge carrier takes barges aboard either by means of on-board cranes (LASH type) or by lowering the mother ship (dock ship principle) |
Barge CarriersShips designed to carry barges. Some are fitted to act as full container ships and can carry a varying number of barges and containers at the same time. At present, this class includes two types of vessels, LASH and Sea-Bee |
Barrel (BBL)A term of measure referring to 42 gallons of liquid at 60? F |
Base CharterCharter agreed upon for bulk transport. The volume to be transported is known, a ship must still be designated |