Blockade. Belligerent powers have the right of blockade, i.e., the right to blockade enemy ports or coastal territory for ocean shipping by military measures.

The blockade must be respected by neutral states. Running a blockade, if unsuccessful, may entail boarding and searching for contraband and confiscation of ship and cargo.

 

Below bridges (BB). This term can be Found in instructions from port and charterers' agents to the ship to ensure that the ship is kept at the appropriate draft in order to ensure that it will have sufficient clearance above its highest point to pass safely below bridges (or overhead obstructions such as power cables) across a canal, channel or river in the approaches to a berth or port. To ensure the ship's clearance below bridges would be the shipowner's obligation.

 

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.

 

BARECON "B". A financial-type of standard-form bareboat charterparty used particularly for new building ships financed by mortgage.

 

Bulkheads. These are steel divisions across the vessel either transversely or fore and aft. The functions of bulkheads are:

Bona fide. "Good faith”. This is a legal term that comes from the Latin language and suggests honesty or sincerity. For example, in negotiations for a charter fixture one side must give bona fide information about the ship or the cargo to the other side.

 

Back Letter. Back letters may be drawn up to complement a contract in order to lay down rights and/or obligations between both contracting parties, which, for some reason or other, cannot be included in the original contract. This expression is also used for “letters of indemnity”.

 

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.

 

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".

Bill of health. The Bill of Health is the certificate that used to be issued by the local authorities indicating the general health conditions in the port of departure or ports of call.

Bulbous bow (BB). The shape of the foremost portion of the ship, the bow, in the form of a rounded bulb instead of the traditional V shape, in order to reduce hull resistance and its effect on speed in the water.

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.

Cancelling date (Laycan). This is an abbreviation for the "Laydays and Cancelling" clause in a charterparty. This clause establishes the earliest date, when the ship is required by the charterer, (e.g. "Laytime for loading shall not commence before . . .") and the latest date for the commencement of the charter (e.g. “ . . . and should the vessel's Notice of Readiness not be given before . . . ") when the charterers have the option of cancelling the charter.

Subcategories

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