BACKLETTERWhereaseller/shipperissuesa’letterofindemnity’infavourofthecarrier
inexchangeforacleanbilloflading
BAFBunkerAdjustmentFactor.AFuelSurchargeexpressedasapercentageaddedor
subtractedfromthefreightamount,reflectingthemovementinthemarketplacepriceforbunkers.
BALECAP.Cubiccapacityofavesselsholdstocarrypackageddrycargosuchasbales/pallets
BALLASTHeavyweight,oftenseawater,necessaryforthestabilityandsafetyofashipwhichisnot
carryingcargo
BALLASTBonUSCompensationforrelativelylongballastvoyage
BAREBOATCHTR.BareboatCharter-Ownersleaseaspecificshipandcontrolitstechnical
managementandcommercialoperationsonly.Chartererstakeoverallresponsibilityforthe
operationofthevesselandexpensesfortheduration.
BBBBeforeBreakingBulk.Referstofreightpaymentsthatmustbereceivedbefore
dischargeofavesselcommences
BDIBothDatesInclusive
BEAMThemaximumbreadthorthegreatestwidthofaship
BELOWBeneaththedeck
BENDSBothEnds(Load&DischargePorts)
BIBothInclusive
BIMCOTheBalticandInternationalMaritimeCouncil
BLBale

B/L(BillofLading)AdocumentsignedbythecarrierwhichactsasaContractof
Affreightment,areceiptandevidenceoftitletothecargo.
BMBeam
BNBookingNote
BOBBunkeronBoard
BOFFERBestOffer
BOWTheforwardpartofaship
BROBBunkersRemainingonBoard
BROKERAGEPercentageoffreightpayabletobroker(byownersinc/p’s)orapplicabletosaleorpurchase
BSSBasis
BSS1/1Basis1Portto1Port
BTBerthTerms
BULKHEADAverticalpartitionseparatingcompartments

BUNDLINGThisistheassemblyofpiecesofcargo,securedintoonemanageableunit.Thisis
relevanttoitemssuchasStructuralSteel,Handrails,Stairwaysetc.Whilstthisisaveryflexible
description,aruleofthumbistopresentcargoatasizeeasilyhandledbyalarge(20tonne)forklift.
BUNKERSNamegivenforvesselsFuelandDieselOilsupplies(Originatesfromcoalbunkers)
BUOYAnanchoredfloatusedformarkingapositiononthewaterorahazardorashoalandformooring
BWADBrackishWaterArrivalDraft
CAFCurrencyAdjustmentFactor.Afeeappliedtotheshippingcoststocompensatefor
exchangeratefluctuations.
CBMCubicMetres
CBFT(orCFT)CubicFeet
CFR(orC&F)CostandFreight
CHARTAmapusedbynavigators
CHOPTCharterersOption
CHTRSCharterers

CIFCost,Insurance&Freight.Sellerpaysallthesecoststoanominatedportorplaceofdischarge.
CKDCompletelyknockeddown
COAContractofAffreightment-Ownersagreetoacceptacostperrevenuetonneforcargocarried
onaspecificnumberofvoyages.
CIPCarriageandInsurancepaidto...
C.O.CertificateofOrigin-asignedstatementfromasemiofficialorganizationcertifyingtheorigin
ofanexportitem,requiredbycertainnations.
COACPContractofAffreightmentCharterParty
COBClosingofBusiness
COBLDNClosingofBusinessLondon
CODCashonDelivery
COGSACarriageofGoodsbySeaAct
CONGESTIONPort/berthdelays
ConSConsumption
CNEECONSIGNEE.Nameofagent,companyorpersonreceivingconsignment
COPCustomOfPort
CP(orC/P)CharterParty
CPDCharterersPayDues
CPTCarriagePaidTo
CQDCustomaryQuickDespatch
CRCurrentRate
CROBCargoRemainingonBoard
CRNCrane
CRTCargoRetentionClauses,introducedbycharterersbasedonshortage

ofdelivered
cargobecauseofincreasedoilprices
CSTCentistoke
CTRContainerFitted
DADisbursementAccount
DAFDeliverAtFrontier
DAPSDaysallPurposes(Totaldaysforloading&discharging)

DAMFORDETDamagesforDetention.Penaltyifcargoisnotreadywhenshiparrivesfor
working(1stdayofLaycan).Thisisnotdetentionwhichischargedforshipstime
ondelay.IfthecargoisreadythereisnoDAMFORDET.
DDUDeliveredDutyunpaid.
DDPDeliveredDutyPaid.
DECKApermanentcoveringoveracompartment,hulloranypartthereof
DEMDemurrage(QuayRent).Moneypaidbytheshipperfortheoccupyingportspace
beyondaspecified"FreeTime"period.
DEQDeliveredExQuay
DESDeliveredExShip
DESPDespatch.Timesaved,rewardforquickturnaround-indrycargoonly
DETDetention(SeeDAMFORDET)
DEVDeviation.Vesseldeparturefromspecifiedvoyagecourse
DFRTDeadfreight.Spacebookedbyshipperorchartereronavesselbutnotused
DHDATSBEDespatchHalfDemurrageonAllTimeSavedBothEnds
DHDWTSBEDespatchHalfDemurrageonWorkingTimeSavedBothEnds
DISCHDischarge
DKDeck
DLOSPDroppingLastOutwardsSeaPilot(Norway)
DODieselOil
DOLSPDroppingOffLastSeaPilot(Norway)
DOPDroppingOutwardPilot
DOTDepartmentofTransport

DNRCAOSLONLDiscountlessandNon-ReturnableCargoand/orShipLostorNotLost
DRAUGHT(orDRAFT)Depthtowhichashipisimmersedinwater.Thedepthvaries
accordingtothedesignoftheshipandwillbegreaterorlesserdependingnotonlyonthe
weightoftheshipandeverythingonboard,butalsoonthedensityofthewaterinwhichtheshipislying.
DRKDerrick
DUNNAGEMaterialsofvarioustypes,oftentimberormatting,placedamongthecargofor
separation,andhenceprotectionfromdamage,forventilationand,inthecaseofcertaincargoes,
toprovidespaceinwhichthetynesofaforklifttruckmaybeinserted.
DWAT(orDWT)Deadweight.Weightofcargo,storesandwater,i.e.thedifferencebetween
lightshipandloadeddisplacement.

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