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Shipping Glossary

Shipping Glossary

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

Bill to Party

Customer designated as party paying for services

Billed Weight

The weight shown in a waybill and freight bill

Billeting Officer

Term 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

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