Term
BROB
Bunkers Remaining on Board
Charter-Party Reference
Chartering Terms
Search and browse a complete chartering glossary curated from operational market usage for owners, charterers, and shipbrokers.
Showing 24 of 339 terms
Term
BROKERAGE
Percentage of freight payable to broker (by owners in c/p's) or applicable to sale or purchase
Term
BSS
Basis
Term
BT
Berth Terms
Term
BUNDLING
This is the assembly of pieces of cargo, secured into one manageable unit. This is relevant to items such as Structural Steel, Handrails, Stairways etc. Whilst 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. BUNKERS Name given for vessels Fuel and Diesel Oil supplies (Originates from coal bunkers)
Term
BWAD
Brackish Water Arrival Draft
Term
C/SNEE
CONSIGNEE. Name of agent, company or person receiving consignment
Term
CAF
Currency Adjustment Factor
Term
CBFT(or CFT)
Cubic Feet
Term
CBM
Cubic Metres
Term
CFR (or C&F)
Cost and Freight
Term
CHART
A map used by navigators
Term
CHOPT
Charterers Option
Term
CHTRS
Charterers
Term
CIF
Cost, Insurance & Freight. Seller pays all these costs to a nominated port or place of discharge.
Term
CIP
Carriage and Insurance paid to...
Term
CKD
Completely knocked down
Term
COA
Contract of Affreightment - Owners agree to accept a cost per revenue tonne for cargo carried on a specific number of voyages.
Term
COACP
Contract of Affreightment Charter Party
Term
COB
Closing of Business
Term
COBLDN
Closing of Business London
Term
COD
Cash On Delivery
Term
COGSA
Carriage of Goods by Sea Act
Term
CONGESTION
Port/berth delays