Bilge. The bilge of a vessel with double bottom tanks is a triangular channel on both sides formed by the margin plate of a double bottom, the curvature of the outer skin of the vessel and the bilge ceiling.

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".

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.

Barrel (Bbl). A unit of measurement of liquid cargoes, usually oil. One bbl contains 34.97261 Imperial gallons or 42 U.S. gallons, or 1 cubic metre of oil measures 6.29 bbls. If the specific gravity of the oil is 0.8, one tonne of oil will be approximately 7.9 bbls


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