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Glossary

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Glossaries

Term Definition
BALLAST BONUS
Compensation for relatively long ballast voyage
BAREBOAT CHTR.
Bareboat Charter - Owners lease a specific ship and control its technical management and commercial operations only. Charterers take over all responsibility for the operation of the vessel and expenses for the duration.
BBB
Before Breaking Bulk. Refers to freight payments that must be received before discharge of a vessel commences
BDI
Both Dates Inclusive
BEAM
The maximum breadth or the greatest width of a ship
BENDS
Both Ends (Load & Discharge Ports)
BI
Both Inclusive
BIMCO
The Baltic and International Maritime Council
BL
Bale
BM
BN
Booking Note
BOB
Bunker on Board
BOFFER
Best Offer
BOW
The forward part of a ship
BROB
Bunkers Remaining on Board

Clients and Services

IFA offers services that cover efficiently any need for transport by sea or by land, from machinery to complete 'hi-tech, from food to chemicals.

IFA

IFA has been operating since 1982 in the field of international shipping has always been pursuing a business strategy that focuses on the development of the service the client's business.

IFA International Forwarding Agent SRL | Via Cristoforo Colombo 6, 20066 Melzo (Milan) | Phone +39.02.95736765 - Fax +39.02.95737443 | p.iva IT04804330159