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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.

 

Black list. Because oil tankers frequently load oil from Islamic countries these countries may place certain ports on a "black list" such as Israeli or South African ports, and if tankers are known to have called at ports in those countries, the tankers' names are on this black list and the ship can be boycotted and refused entry or cargo.

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.

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.

 

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

 

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.

BIC-Code. In order to identify all containers manufactured and used especially in shipping, each container is marked with special alpha-numeric codes that appear on the sides or plates of the containers.

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

 

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.

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.

 

BBB. "Before breaking bulk", that is, before commencing discharge or opening of the ship's hatches.

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