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Shipping Glossary

Berth Charter

Charter specifying the port of destination and the exact berth

Berth Clause

Ships are serviced according to their order of arrival at the port, wherein lay days are only counted from the moment the ship is being warped at the berth

Berth Rates

Freight rates from berth to berth by regular liner service

Berth Term

Shipped under rate that does not include cost of loading or unloading

BFA

BANGLADESH FEEDER ADDITIONAL

BFSV

Advisory and research institute for ocean shipment packaging in Hamburg

BHP

Brake Horse Power

Bilge

Space 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 Sale

Confirms the transfer of ownership of certain goods to another person in return for money paid or loaned

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Support

Shipping Glossary

Berth Charter

Berth Clause

Berth Rates

Berth Term

BFA

BFSV

BHP

Bilge

Bill of Lading (B/L)

Bill of Sale

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