Term | Definition |
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B/L | BILL OF LADING. (Bill of lading) A contract of carriage by sea, a document confirming the acceptance of the cargo by the carrier for sea transportation and the obligation to transfer it to the consignee at the port of destination, responsibility to the carrier for the correctness of the application
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BAF | Bunker Adjustment Factor. Bunker fuel surcharge, calculated in USD perTEU(equivalent to a 20-foot container) |
BOF | |
BONDED WAREHOUSE | A warehouse under customs control where goods are stored without state taxes:customs warehouseor a temporary storage warehouse.
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BOOKING NOTE | The application for transportation is used for reserving space and containers, the information specified in the application is not the basis for filling out the bill of lading, after submitting the application, the applicant assumes the obligation to providecargoby the specified date.
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BREAK BULK | Transportation of a small batch of cargo without using a container.
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