BB. This abbreviation can be and is used for a variety of different terms such as: "Ballast Bonus", "Below bridges", "Breaking bulk" and "Bulbous bow".

Box rates. This is the freight rate for the carriage of a container, usually irrespective of the cargo in the container although some conferences and liner operators may offer their services on a box commodity rate.

 

Broker. In the context of chartering, the most common "broker" is a "shipbroker". In general, in shipping, a broker is a person who acts as a "middleman" between two parties and negotiates the terms of a contract into which the two parties enter. The broker acts as an agent and usually represents only one of the parties, negotiating with the other party directly or with another broker representing the other side. In addition to a shipbrokerwho can be an owner's broker or a charterer's agent negotiating a charter.

Booking office. Conference lines, operating in certain trades, may decide to establish a booking office to take bookings and also ensure that each line carries its agreed share. Shippers may not be permitted to insist on carriage by a specific line although the booking office may try to meet shippers’ wishes in this respect as much as possible.

 

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