Terms Beginning with B

B/B: (See Break-Bulk Cargo)

BARTER: The direct exchange of goods and/or services without the use of money as a medium of exchange and without third-party involvement.

BELLY CARGO: Freight accommodation below the main deck.

BERTH: The place beside a pier, quay or wharf where a vessel can be loaded or discharged.

BERTH LINER SERVICE: Regular scheduled steamship line with regular published schedules (port of call) from and to defined trade areas.

BERTH OR LINER TERMS: An expression covering assessment of ocean freight rates generally implying that loading and discharging expenses will be ship owner's account, and usually apply from the end of the ship's tackle in port of loading to the end of ship's tackle in port of discharge.

BILATERAL RIGHTS: Agreements on traffic rights concluded between two governments.

BILL OF LADING: See “Documents” in Resource Centre

B/L: Bill of Lading

BONDED WAREHOUSE: A warehouse authorized by Customs authorities for handling and storage of goods that have not been cleared through customs.

BOOKING: Arrangements with steamship companies for the acceptance and carriage of freight.

BREAK-BULK CARGO: Cargo that is shipped as a unit (i.e. palletized cargo, boxed cargo, large machinery, trucks and pre-slung cargo).

BREAK-BULK VESSEL: Designed to handle palletized, pre-slung boxed, and unitized cargo.

b.t.: Berth terms.

BULK CARGO: Loose or unitized cargo that is loaded directly into a ship's hold.

BULK CARRIER: There are two types of bulk carrier, the dry-bulk carrier and the liquid-bulk carrier, better known as a tanker. Bulk cargo is a shipment such as oil, grain, or ore which is not packaged, bundled, bottled, or otherwise packed and is loaded without counting or marking.

BULK SOLIDS: Dry cargo shipped in containers, loose, in bulk, without mark or count.

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