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BAF |
Bunker Adjustment Factor. A Fuel Surcharge expressed as a percentage added or subtracted from the freight amount reflecting the movement in the market place price for bunkers. |
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BALLAST |
Heavy weight, often sea water, necessary for the stability and safety of a ship which is not carrying cargo. |
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BAREBOAT CHTR |
Bareboat Charter - Owners lease a specific ship and control its technical management and commercial operations only.
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BBB BDI BENDS BI BIMCO BL (1) |
Before Breaking Bulk Both Dates Inclusive Both Ends (Load & Discharge Ports) Both Inclusive The Baltic and International Maritime Council Bale |
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BL (2) |
(Bill of Lading) A document signed by the carrier which acts as a receipt and evidence of title to the cargo. |
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BM BEAM BOB BOFFER BROB BSS BSS 1/1 BT |
Beam The maximum breadth of a ship Bunker on Board Best Offer Bunkers Remaining on Board Basis Basis 1 Port to 1 Port Berth Terms |
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BUNDLING |
This is the assembly of pieces of cargo, secured into one manageable unit. This is a very flexible description, a rule of thumb is to present cargo at a size easily handled by a large (20 tonne) fork lift truck. |
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BUNKERS |
Name given for vessels Fuel and Diesel Oil supplies (Originates from coal bunkers) |
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BWAD |
Brackish Water Arrival Draft |
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