B

Beam

B & T cl

Blocking & Trapping clause

B TO B

Both to blame collision Clause

B. or B/

Bale, Bag

B.A.

Bunker surcharge

B.B.

Bill Book, Below Bridges

B.B.cl.

Both to blame collision clause

B.C.

Bristol Channel

B.D.I.

Both days inclusive

B.D.S.

Broker's daily statement

B.H.(range)

Range of ports between and including Bordeaux & Hamburg

B.H.P.

Brake hore-power

B.I.I.B.A.

British Insurance Brokers' Association

B.O.

Buyer's option, Branch Office

B.O.T.

Board of Trade

B.P.

Between perpendiculars; Boiling point

B.P.B.

Bank Post Bill

B.R.

Builders' Risks Insurance

B.R.C.

Broker Regulatory Committee (Lloyds's), Brokers Registration Council

B.S.

Boiler survey. Balance sheet

B.S. & W.

Bottom (or base) sediment and water

B.S.T.

British Summer Time

B.T.U.

Bow Thrust Unit(s)

B.V.

Bureau Veritas

B.th.U.

British Thermal Unit

B/Ch

Bristol Channel

B/D

Bank Draft, bar draft (grain trade)

B/E

Bill of Exchange, Bill of Entry

B/G

Bondage goods

B/H

Bill of Health, Bordeaux to Hamburg inclusive

B/L

Abbreviation for Bill of Lading.

B/L Terms & Conditions

The fine print on B/L; defines what the carrier can and cannot do, including the carrier's liabilities and contractual agreements.

B/L's Status

Represents whether the bill of lading has been input, rated, reconciled, printed, or released to the customer.

B/L's Type

Refers to the type of B/L being issued. Some examples are: a Memo (ME), Original (OBL), Nonnegotiable, Corrected (CBL) or Amended (AM) B/L.

B/N

Booking note

B/O

Brought over

B/P

Bills payable

B/R

Bills receivable. Builders' risks. Bordeaux or Rouen (grain trade)

B/S

Bill of Sale, Bill of Store

B/St

Bill of sight

B/s

Bags, Bales

BA/BB

Buenos Aires/Bahia Blanca Range

BACAT

Barge aboard catamaran

BACK HAUL (1)

Part or all of the return portion of a route over which a trailer or container has traveled (2) A deviation to move cargo on the return leg of a voyage for the purpose of minimizing ballast mileage and thereby reducing transportation costs.

BACKFREIGHT

The owners of a ship are entitled to payment as freight for merchandise returned through the fault of either the consignees or the consignors. Such payment, which is over and above the normal freight, is called backfreight.

BACKLETTER

Where a seller/shipper issues a 'letter of indemnity' in favor of the carrier in exchange for a clean bill of lading. May have only a limited value. Example: P & I problems.

BACTAP

But As Close To As Possible

BADEA

Banque Arabe pour le Developpement Economique en Afrique

BAF

Abbreviation for Bunker Adjustment Factor. Used to compensate steamship lines for fluctuating fuel costs. Sometimes called Fuel Adjustment Factor or FAF.

BAF (BUNKER ADJUSTMENT FACTOR)

An adjustment in shipping charges to offset price fluctuations in the cost of bunker fuel. Also known as a Bunker Surcharge (B/S).

BAGGAGE

General License - BAGGAGE

BAGGED CARGO

Various kinds of commodities usually packed in sacks or in bags, such as sugar, cement, milk powder, onion, grain, flour, etc.

BALLAST BONUS

Compensation for relatively long ballast voyage

BALLAST MOVEMENT

A voyage or voyage leg made without any paying cargo in a vessel's tanks. To maintain proper stability, trim, or draft, seawater is usually carried during such movements.

BALLAST TANK

Compartments at the bottom of a ship or on the sides which are filled with liquids for stability and to make the ship seaworthy. Any shipboard tank or compartment on a tanker normally used for carrying salt-water ballast. When these compartments or tanks are not connected with the cargo system, they are called segregated ballast tanks or systems.

BANCOMEXT

Banco Nacional de Comercio Exterior

BAREBOAT CHARTER

(1) A charter in which the bare ship is chartered without crew; the charterer, for a stipulated sum taking over the vessel for a stated period of time, with a minimum of restrictions; the charterer appoints the master and the crew and pays all running expenses. See Demise Charter (2) Vessel contracts where charterers take over all responsibility for the operation of the vessel and expenses for a certain period.

BAREBOAT CHTR

Bareboat Charter Owners lease a specific ship and control its technical management and commercial operations only

BARGE

Flat-bottomed boat designed to carry cargo on inland waterways, usually without engines or crew accommodations. Barges can be lashed together and either pushed or pulled by tugs, carrying cargo of 60,000 tons or more. Small barges for carrying cargo between ship and shore are known as lighters.

BARGE ABOARD CATAMARAN

A way of loading cargo into large barges and then in turn loading the barges into a ship.

BARRATRY

Fraudulent of Master/Crew against ship/cargo

BARs

Buy American Restrictions

BAS

Caribbean/Central America Business Advisory Service

BB

Ballast Bonus (Special payment above the Chartering price when the ship has to sail a long way on ballast to reach the loading port.)

BB CGO

Break Bulk Cargo

BBB

Before breaking bulk. Refers to freight payments that must be received before discharge of a vessel commences.

BBCD

Bareboat-cum-demise

BBLS

Barrels

BC

Bulk Carrier; British Columbia; British Channel

BCI

Baltic Cape Index

BCIU

Business Council for International Understanding

BCM

Bow to Centre Manifold

BCO

Abbreviation for Beneficial Cargo Owner. Refers to the importer of record, who physically takes possession of cargo at destination and does not act as a third party in the movement of such goods.

BCS

Border Cargo Selectivity

BD

Bar draft, below deck

BDI

Both dates (days) included

BDL

Bundle

BE

Benzene

BEAM

The maximum breadth of a ship

BEAUFORT

A measure of wind speed

BECU

Billion ECU

BEEC

Border Environment Cooperation Commission

BEET

Business Executive Enforcement Team

BEG

BEGinning

BELLY CARGO

Freight accommodation below the main deck.

BENDS

Both ends

BENEFICIAL OWNER

The actual owner of the lading who is using a consolidator

BENELUX

Belgium, Netherlands, Luxembourg Economic Union

BERTH C/P

Term used in a voyage charter party, e.g. vessel shall proceed to Berth 2 at Falmouth.

BERTH CARGO

When a liner cargo vessel accepts extra cargo to fill the empty space remaining.

BERTH LINER SERVICE

A regularly scheduled steamship line with regularly published schedules (ports of call) from and to defined trade areas.

BERTH OR LINER TERMS

A regularly scheduled steamship line with regularly published schedules (ports of call) from and to defined trade areas.

BFI

Baltic Freight Index

BFO

Bunker fuel oil

BGD

Bagged

BH

Bill of health;Bulkhead

BHD

Bulkhead

BHF

Bulk harmless fertilizers

BHP

Brake horse power

BI

Both inclusive

BIA

Best Information Available

BIAC

Business and Industry Advisory Committee

BIBO

Bulk in, bag out

BIFA

British International Freight Association

BIFFEX

The Baltic International Freight Futures Index

BILL OF LADING, CLAUSED

A bill of lading which has exemptions to the receipt of merchandise in apparent good order noted.

BILL OF LADING, CLEAN

(1) A bill of lading which bears no superimposed clause or notation which expressly declares a defective condition of the goods and/or the packaging (Article 18, Uniform Customs and Practice for Documentary Credits). A bill of lading that contains a clause declaring defective goods is called a Foul Bill of Lading. (2) A bill of lading that is silent as to the place of storage, indicating that the goods have been stowed under deck.

BILL OF LADING, FORWARDER'S

A bill of lading issued by a forwarder to a shipper as a receipt for merchandise that the forwarder will consolidate with cargo obtained from other exporters and ship to his agent at the port of destination. In most cases, the Forwarder's Bill of Lading has legal standing for banking purposes. Also called House Bill of Lading.

BILL OF LADING, FOUL

A receipt for goods issued by a carrier bearing a notation that the outward containers or the goods have been damaged.

BILL OF LADING, INLAND

A bill of lading used in transporting goods overland to the exporter's international carrier.

BILL OF LADING, OCEAN

A document defining the terms and conditions of carriage for transport of cargo by sea freight.

BILL OF LADING, ON BOARD

A bill of lading acknowledging that the relative goods have been received on board for shipment on a specified vessel.

BILL OF LADING, ORDER

A negotiable bill of lading. There are two types: (1) A bill drawn to the order of a foreign consignee, enabling him to endorse the bill to a third party. (2) A bill drawn to the order of the shipper and endorsed by him either in blank or to a named consignee. The purpose of the latter bill is to protect the shipper against the buyer's obtaining the merchandise before he has paid or accepted the relative draft. (See also Endorsement in Blank)

BILL OF LADING, RECEIVED FOR SHIPMENT

A bill of lading acknowledging the receipt of goods by a carrier for shipment on a specified vessel. This type of bill of lading is not acceptable under a letter of credit unless it is specially authorized. English law does not regard these bills as a valid tender under CIF contracts because the CIF seller is obligated to ship the goods, and a Received for Shipment Bill of Lading is not considered proof of shipment.

BILL OF LADING, STRAIGHT

A non-negotiable bill of lading whereby the consignee named in the bill is the owner of the relative goods.

BILL OF LADING, THROUGH

A bill of lading that covers transportation by more than one carrier from the point of issue to the final destination (e.g., a bill from New York, via Kurabo, to Pampatar, Venezuela).

BILL OF LADING, THROUGH RAILWAY EXPORT

A bill of lading showing the place of receipt by the carrier at an inland point, with transport to the port of exit accomplished using rail/intermodal connections.

BILL OF LADING, UNCLEAN

A bill containing reservations as to the good order and condition of the goods or the packaging or both. Examples: bags torn,drums leaking, one case damaged, and rolls chafed.

BILL OF SIGHT

A written description of goods given by an importer to a customs officer in the event shipping documents have not arrived in time and the importer wishes to avoid delayed entry charges. When an importer enters goods on a bill of sight, he usually must make a cash deposit covering the estimated amount of duty. When the shipping documents are received and a correct entry is made, the exact amount of duty is levied.

BILLING CARRIER (BILL ROAD)

The carrier performing the first line haul service of the movement. This carrier is responsible for preparing the waybill document.

BISCO

British Iron and Steel Corporation

BK

Bar keel

BL

Bale

BLACK CARGO

Cargo banned by general cargo workers for some reason. This ban could be because the cargo is dangerous or hazardous to health.

BLK

Bulk

BLSEA

Baltic Sea

BLST

Ballast

BM

Beam

BMM

British Marine Mutual

BO

Best Offer

BOA

Berthing on arrival

BOB

Bunker on Board

BOC

Bulk Oil Carrier

BOD

Bunkers on delivery

BOD APP

Board of directors approval

BOFFER

Best Offer

BOR

Bunkers on re-delivery

BORO

Bulk, Oil and roll-on, roll-off vessel

BOSP

Beginning Of Sea Passage

BOW THRUSTERS

A propeller at the lower sea-covered part of the bow of the ship which turns at right angles to the fore-and-aft line and thus provides transverse thrust as a maneuvering aid.

BPI

Baltic Panama Index

BR

Bulgarian Register of Shipping

BREADTH

See Beam

BREAKBULK VESSEL

(1) A vessel designed to handle palletized, pre-slung, boxed, and unitized cargo. Holds can be at the open bay or between deck type. Between deck means, the hold can be converted from multi levels to open bay. This type of vessel is usually self-sustaining. (2) A general, multipurpose, cargo ship that carriers cargoes of non-uniform sizes, often on pallets, resulting in labor-intensive loading and unloading; calls at various ports to pick up different kinds of cargoes.

BREAKPOINT

The weight at which freight charges change, e.g., 100 kilos.

BRGDS

Best Regards

BRIDGE

Used loosely to refer to the navigating section of the vessel where the wheel house and chart room are located; erected structure amidships or aft or very rarely fore over the main deck of a ship to accommodate the wheelhouse.

BRITE

Basic Research in Industrial Technologies in Europe

BRKR

Broker

BRKRS

Broker(s)

BRM

Bridge Resources Management

BROB

Bunkers Remaining on Board

BRT

Gross tonnage

BS

Broken Stowage

BS/L

Bills of lading

BSC

British Shippers Council

BSEA

Black Sea

BSI

British Standards Institution

BSP

Business Sponsored or Between Show Promotion

BSS

Basis

BSS 1/1

Basis 1 port to 1 port

BST

British Summer Time, British Standard Time

BT

Berth terms

BTD

Butadiene

BTN

Brussels Tariff Nomenclature

BTU

British Thermal Unit

BULK CARRIER

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

BULK SOLIDS

Dry cargo shipped in containers, loose and in bulk, without counting or marking.

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 ton) fork lift truck

BUNKERS

Fuel consumed by the engines of a ship; compartments or tanks in a ship for fuel storage.

BUOY

A floating object employed as an aid to mariners to mark the navigable limits of channels, their fairways, sunken dangers, isolated rocks, telegraph cables, and the like; floating devices fixed in place at sea, lake or river as reference points for navigation or for other purposes.

BV

Bureau Veritas

BW

Brackish water

BWA

Brackish water allowance

BWAD

Brackish Water Arrival Draft

BWDD

Brackish water departure draft

BXA

Bureau of Export Administration

BZNSS

Business

Back-to-Back

A new letter of credit issued to another beneficiary on the strength of a primary credit. The second L/C uses the first L/C as collateral for the bank. Used in a three-party transaction.

Backhaul

To haul a shipment back over part of a route it has traveled.

Bal.

Balance

Balance of Payments

The balance of payments is a statistical summary of international transactions. These transactions are defined as the transfer of ownership of something that has an economic value measurable in monetary terms from residents of one country to residents of

Balance of Payments Consultations

The coordination between the GATT and the IMF to ensure that trade and payments implications of trade restrictions imposed for balance of payments reasons are taken fully into account.

Balance on

Current account; - Goods, services, and income; - Investment income; - Merchandise trade; - Services; - Unilateral transfers See: Balance of Payments.

Ballast

Stability and safety of a ship which is not carrying cargo.

Balloon Freight

Light, bulky articles.

Banco Centroamericano de Integracion Economic

See: Central American Bank for Economic Integration.

Banco Interamericano de Desarollo

See: Inter-American Development Bank.

Banco Latinoamericano de Exportaciones

BLADEX (English: Latin American Export Bank) is a multinational bank which provides short- (95%+) and medium-term financing. Operations are conducted in U.S. dollars. Borrowers are primarily Latin American commercial banks of member countries

Banco Nacional de Comercio Exterior

BANCOMEXT, Mexico's national foreign trade bank, provides credits, guarantees, and promotion services to support Mexico's foreign trade. BANCOMEXT also assists Mexican importers by providing short-term loans to support importation of selected commodities

Bank Advisory Committee

The Bank Advisory Committee, which in some respects has replaced the London Club, is not a structured or formal organization. The Bank Advisory Committee consists mostly of lead bankers in an individual debtor country. The lead bankers, representing the

Bank Affiliate Export Trading Company

An Export Trading Company partially or wholly owned by a banking institution as provided under the U.S. Export Trading Company Act.

Bank Guarantee

An assurance, obtained from a bank by a foreign purchaser; that the bank will pay an exporter up to a given amount for goods shipped if the foreign purchaser defaults. (see: Letter of Credit.)

Bank Holding Company

Any company which directly or indirectly owns or controls, with power to vote, more than five percent of voting shares of each of one or more other banks.

Bank Release

Negotiable time draft drawn on and accepted by a bank which adds its credit to that of an importer of merchandise.

Bank for International Settlements

BIS, established in 1930, promotes cooperation among central banks in international financial settlements. Members include: Australia, Austria, Belgium, Bulgaria, Canada, Czechoslovakia, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Irela

Bank of Central African States

The bank (French: Banque des Etats de l'Afrique Central, BEAC) issues a common currency unit, the Central African Franc. Members include The Cameroon, Central African Republic, Chad, People's Republic of Congo, Gabon, and Equitarial Guinea. France part

Banker's Acceptance

A banker's acceptance is a draft drawn on and accepted by a bank. Depending on the bank's creditworthiness, the acceptance becomes a financial instrument which can be discounted.

Banker's Bank

A bank that is established by mutual consent by independent and unaffiliated banks to provide a clearinghouse for financial transactions.

Banker's Draft

Draft payable on demand and drawn by or on behalf of the bank itself; it is regarded as cash and cannot be returned unpaid.

Banque Arabe pour le Developpement Economique

See: Arab Bank for Economic Development in Africa.

Banque Quest-Africaine de Developpement

See: West African Development Bank

Banque de Developpement des Etats de l'Afriqu

See: Central African States Development Bank.

Banque de Developpement des Etats du Grand La

See: Development Bank of the Great Lakes States.

Banque des Etats de l'Afrique Centrale

See: Bank of Central African States.

Bar.

Barrel

Bareboat Charter

see Charter, Bareboat.

Barge

Inland - Self propelled vessels and towed or pushed dumb craft, employed in port areas and sheltered waterways, which are not classified as seagoing vessels.

Barge Carrier

A cargo vessel arranged for the carriage of purpose built barges (lighters) loaded with cargo. Typically loading is by way of a gantry crane. Also known as Lighter Aboard SHip vessels (LASH)

Barge Carrier, semi submersible

A barge carrier which is semi submersible for the float on loading/unloading of the barges

Barge Carriers

Ships designed to carry barges; some are fitted to act as full containerships and can carry a varying number of barges and containers at the same time. At present this class includes two types of vessels LASH and Sea-Bee.

Barratry

An act committed by the master or mariners of a vessel, for some unlawful or fraudulent purpose, contrary to their duty to the owners, whereby the latter sustain injury. It may include negligence, if so gross as to evidence fraud.

Barrel (BBL)

A term of measure referring to 42 gallons of liquid at 60o F.

Barter

Trade in which merchandise is exchanged directly for other merchandise or services without use of money.

Base Oils

See Lubricating Oils.

Base Rate

A tariff term referring to ocean rate less accessorial charges, or simply the base tariff rate.

Basel Convention

The Basel Convention restricts trade in hazardous waste, some non-hazardous wastes, solid wastes, and incinerator ash. It was adopted in 1989 by a United Nations-sponsored conference of 116 nations in Basel, Switzerland. Twenty nations must ratify the tr

Bd.

Bound, bond

Bdls

Bundles

Bds.

Boards (timber)

Beam

The width of a ship.

Beer Tanker

A tanker for the bulk carriage of beer

Belgium-Luxembourg Economic Union

BLEU (French: UEBL, from Union Economique Belgo-Luxembourgeoise), established in July 1921, introduced a system of monetary association between Belgium and Luxembourg.

Belt Line

A switching railroad operating within a commercial area.

Beneficiary

- Entity to whom money is payable. - The entity for whom a letter of credit is issued. - The seller and the drawer of a draft.

Benelux Economic Union

Benelux (acronym for Belgium, Netherlands, and Luxembourg) is an economic union originally established in January 1948 and revised in January 1960. Benelux continues as an internal regional association within the European Community (EC) because the associ

Berth Terms

Shipped under rate that includes cost from end of ship's tackle at load port to end of ship's tackle at discharge port.

Best Information Available

Under GATT rules, when a respondent in an antidumping or countervailing duty case either declines to provide information, or provides inadequate information, the investigating authority has the right to resort to other information, a practice known as bes

Bext

Breadth extreme

Beyond

Used with reference to charges assessed for cargo movement past a line-haul terminating point.

Bg.

Bag

Bilateral

A contract term meaning both parties agree to provide something for the other.

Bilateral Clearing Agreement

A bilateral clearing agreement is a government-to-government reciprocal trade arrangement whereby two nations agree to a trade turnover of specified value over one or more years. The value of the products trade under the agreement is denominated in accou

Bilateral Investment Treaty

A bilateral investment treaty, BIT, ensures U.S. investments abroad of national or most favored nation treatment; prohibits the imposition of performance requirements; and allows the American investor to engage top management in a foreign country without

Bilateral Steel Agreements

The U.S. negotiated ten bilateral steel agreements, BSAs, with major steel trading partners. Under BSAs, the governments agreed to reduce or eliminate state intervention -- that is, domestic subsidies and market barriers.

Bill of Exchange

In the United States, commonly known as a Draft. However, bill of exchange is the correct term.

Bill of Lading

(1)A document issued by a shipowner to a shipper of goods. It serves as a receipt for the goods, contract of carriage, and document of title.(2)Bills of lading are contracts between the owner of the goods and the carrier. There are two types. A straight bill of lading is nonnegotiable. A negotiable or shipper's order bill of lading can be bought, sold, or traded while goods are in transit and i

Bill of Lading (B/L)

A document that establishes the terms of a contract between a shipper and a transportation company. It serves as a document of title, a contract of carriage and a receipt for goods.

Bill of Lading Port of Discharge

Port where cargo is discharged from means of transport.

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, i.e, the invoiced weight

Binding

GATT Article 11 provides that signatories may ''bind'' tariff rates by including them in schedules appended to the GATT. Once a duty is bound, it may not be raised beyond that bound level without compensating affected parties.

Biological Agents

Several classes of biological agents have been identified according to their degree of pathogenic hazard, and are controlled by the United States in accord with provisions of the Australia Group. Applications submitted to the Department of Commerce for t

Bitumen Tank Barge, non propelled

A non propelled tank barge for the carriage of bitumen/asphalt

Bk.

Back, Backwardation, Book

Bkge.

Breakage, brokerage

Blanket Bond

A bond covering a group of persons, articles or properties

Blanket Rate

- A rate applicable to or from a group of points. - A special rate applicable to several different articles in a single shipment.

Blanket Waybill

A waybill covering two or more consignments of freight

Blind Shipment

A B/L wherein the paying customer has contracted with the carrier that shipper or consignee information is not given.

Block Stowage

Stowing cargo destined for a specific location close together to avoid unnecessary cargo movement.

Blocked Trains

Railcars grouped in a train by destination so that segments (blocks) can be uncoupled and routed to different destinations as the train moves through various junctions. Eliminates the need to break up a train and sort individual railcars at each junction.

Blocking or Bracing

Wood or metal supports (Dunnage) to keep shipments in place to prevent cargo shifting.

Bls.

Bales. Barrels

Blt

Built

Blue Lantern

Blue Lantern, a procedure pertaining to U.S. Munitions List items, is intended to verify that information stated on export license applications is valid and that the use of the commodity or service exported is consistent with the terms of the license.

Board

To gain access to a vessel.

Board Feet

The basic unit of measurement for lumber. One board foot is equal to a oneinch board, 12 inches wide and one foot long. Thus, a board ten feet long, 12 inches wide, and one inch thick contains ten board feet.

Bobtail

Movement of a tractor, without trailer, over the highway.

Bogie

A set of wheels built specifically as rear wheels under the container

Bolster

A device fitted on a chassis or railcar to hold and secure the container

Bond Port

Port of initial Customs entry of a vessel to any country. Also known as First Port of Call.

Bond System

The Bond System, a part of Customs' Automated Commercial System, provides information on bond coverage. A Customs bond is a contract between a principal, usually an importers, and a surety which is obtained to insure performance of an obligation imposed

Bonded Exchange

Exchange which cannot be freely converted into other currencies.

Bonded Freight

Freight moving under a bond to U.S. Customs or to the Internal Revenue Service, and to be delivered only under stated conditions.

Bonded Warehouse

A warehouse authorized by Customs authorities for storage of goods on which payment of duties is deferred until the goods are removed.

Bonded Warehouses

The U.S. Customs Service authorizes bonded warehouses for storage or manufacture of goods on which payment of duties is deferred until the goods enter the Customs Territory. The goods are not subject to duties if reshipped to foreign points.

Booking

Arrangements with a carrier for the acceptance and carriage of freight; i.e., a space reservation.

Booking Number

Reservation number used to secure equipment and act as a control number prior to completion of a B/L.

Boom defence Vessel

A naval vessel for laying harbour defence booms

Border Cargo Selectivity

BCS is an automated cargo selectivity system based on historical and other information. The system is designed to facilitate cargo processing and to improve Customs enforcement capabilities by providing targeting information to border locations.

Border Environment Cooperation Commission

The BECC is a U.S.-Mexican binational commission intended to facilitate border environmental clean-up and to provide additional support for community adjustment and investment related to the North American Free Trade Agreement.

Bottom Side Rails

Structural members on the longitudinal sides of the base of the container.

Bottom-Air Delivery

A type of air circulation in a temperature control container. Air is pulled by a fan from the top of the container, passed through the evaporator coil for cooling, and then forced through the space under the load and up through the cargo. This type of airflow provides even temperatures.

Bound Rates

Tariff rates resulting from GATT negotiations or accession which are appended to the GATT in the form of a 'loose-leaf' tariff schedule and are enforceable under ARTICLE 11 of GATT.

Bow

The front of a vessel.

Box

everyday term for container (or boxed vessel)

Boxcar

A closed rail freight car.

Br.ld.

Break load

Break Bulk

- To unload and distribute a portion or all of the contents of a rail car, container, or trailer. - Loose, non-containerized cargo.

Bridge Point

An inland location where cargo is received by the ocean carrier and then moved to a coastal port for loading.

Bridge Port

A port where cargo is received by the ocean carrier and stuffed into containers but then moved to another coastal port to be waded on a vessel.

British High Commission

The term British High Commission (BHC, or High Commission, HC, or Her Majesty's High Commission, HMHC) is used in lieu of embassy in Commonwealth countries.

British Overseas Trade Board

The BOTB, located in the Department of Trade and Industry (DTI), advises on international trade and guides the government's export promotion prorgram, including policy, financing, and overseas projects.

Brl.

Barrel

Broken Stowage

- The loss of space caused by irregularity in the shape of packages. - Any void or empty space in a vessel or container not occupied by cargo.

Broker

A person who arranges for transportation of loads for a percentage of the revenue from the load.

Brokerage

Freight forwarder/broker compensation as specified by ocean tariff or contract.

Brussels Tariff Nomenclature

A once widely used international tariff classification system which preceded the Customs Cooperation Council Nomenclature (CCCN) and the Harmonized System Nomenclature (HS).

Bucket Dredger

A vessel equipped to obtain material from the sea bed by use of circulating buckets. The material may be carried on board, transferred to other vessels, pumped ashore or deposited elsewhere using a spray

Bucket Dredger Pontoon

A non propelled dredger pontoon fitted with an endless chain of buckets lowered to the sea bed

Bulk Aggregates Barge, non propelled

A non propelled barge for the carriage of bulk aggregates

Bulk Barge, propelled

A self propelled barge with an arrangement of topside ballast tanks for the carriage of bulk dry cargo of a homogeneous nature

Bulk Cargo

Bulk cargo is unbound as loaded and carried aboard ship; it is without mark or count, in a loose unpackaged form, and has homongeneous characteristics.

Bulk Cargo Barge, self discharging, propelled

A self propelled bulk barge fitted with a conveyor belt (or similar system) and a boom which can discharge cargo alongside or to shore without the assistance of any external equipment

Bulk Cargo Carrier, self discharging

A bulk carrier fitted with self trimming holds, a conveyor belt (or similar system) and a boom which can discharge cargo alongside or to shore without the assistance of any external equipment

Bulk Cargo Carrier, self discharging, Laker

A Great Lakes bulk carrier fitted with a conveyor belt (or similar system) and a boom which can discharge cargo alongside or to shore without the assistance of any external equipment

Bulk Carrier

A single deck cargo vessel with an arrangement of topside ballast tanks for the carriage of bulk dry cargo of a homogeneous nature

Bulk Carrier (with Vehicle Decks)

A bulk carrier with movable decks for the additional carriage of new vehicles

Bulk Carrier, Laker Only

A single deck cargo vessel with dimensions suited to the limitations of Great Lakes of North America trade, unsuitable for open sea navigation. Hatches are more numerous than standard bulk carriers, and much wider than they are long

Bulk Carriers

All vessels designed to carry bulk cargo such as grain, fertilizers, ore, and oil.

Bulk Cement Barge, non propelled

A non propelled barge for the carriage of bulk cement

Bulk Cement Barge, propelled

A self propelled barge fitted with pumping arrangements for the carriage of cement in bulk. There are no weather deck hatches. May be self discharging

Bulk Cement Carrier, Inland Waterways

A vessel designed for the bulk transport of cement cargoes. Not designed for operation in open sea

Bulk Cement Storage Ship

A stationary storage vessel for bulk cement cargo

Bulk Dry Storage Barge, non propelled

A non propelled storage barge for dry cargoes

Bulk Dry Storage Ship

A stationary storage vessel for bulk dry cargo

Bulk-Freight Container

A container with a discharge hatch in the front wall; allows bulk commodities to be carried.

Bulk/Oil Carrier (OBO)

A bulk carrier arranged for the alternative (but not simultaneous) carriage of crude oil

Bulkhead

- A partition separating one part of a ship, freight car, aircraft or truck from another part.

Bull Rings

Cargo-securing devices mounted in the floor of containers; allow lashing and securing of cargo.

Bundesbank

The Bundesbank is the German central bank. The main functions of the Bundesbank are to regulate the money supply, support the general economic policy of the federal government, and issue banknotes.

Bundesministerium fur Wirtschaft

The BMWi (German: Ministry for Economic Affairs) gathers and distributes market information and supports semiprivate and private organizations, such as overseas chambers of commerce. Within the BMWi is the Federal Office for Foreign Trade (Bundesstelle

Bundesstelle fur Aussenhandelsinformation

See: Bundesministerium fur Wirtschaft.

Bunker Charge

An extra charge sometimes added to steamship freight rates; justified by higher fuel costs. (Also known as Fuel Adjustment Factor or FAF.)

Bunkering Tanker

A tanker equipped to supply other vessels with bunker fuels

Bunkers

A Maritime term referring to Fuel used aboard the ship. Coal stowage areas aboard a vessel in the past were in bins or bunkers.

Buoy & Lighthouse Tender

A vessel equipped for buoy laying and/or maintenance and for supply of stores and personnel to lighthouses

Buoy Tender

A vessel equipped for buoy laying and/or maintenance

Bureau of International Expositions

The Bureau of International Expositions, BIE, is an international organization established by the Paris Convention of 1928 to regulate the conduct and scheduling of international expositions in which foreign nations are officially invited to participate.

Business Council for International Understand

The BCIU is an independent, non-partisan, business association which was formed at the initiative of President Eisenhower. BCIU operates the U.S. Ambassadorial and Senior Diplomat Industry Program in which most U.S. Ambassadors come to BCIU after appoint

Business Information Service for the Newly In

BISNIS is a one-stop shop for U.S. firms interested in obtaining assistance on selling in the markets of the Newly Independent States of the former Soviet Union (Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, T

Buy American Act

An act mandating preferential treatment for American products when awarding some government procurement contracts. This act is waived for purchases covered by the government procurement code.

Buy American Restrictions

BARs were derived from the Buy American Act (BAA) of March 1933 and amended by the Buy American Act of 1988. Restrictions may take several forms, including: (a) straightforward prohibition of public sector bodies from purchasing goods from foreign suppl

Buyback

See: Countertrade.