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Glossary

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Glossaries

Term Definition
BROKERAGE
Percentage of freight payable to broker (by owners in c/p's) or applicable to sale or purchase
BSS
Basis
BSS 1/1
Basis 1 Port to 1 Port
BT
Berth Terms
BULKHEAD
A vertical partition separating compartments
BUNDLING
This is the assembly of pieces of cargo, secured into one manageable unit. This is relevant to items such as Structural Steel, Handrails, Stairways etc. Whilst this is a very flexible description, a rule of thumb is to present cargo at a size easily handled by a large (20 tonne) fork lift.
BUNKERS
Name given for vessels Fuel and Diesel Oil supplies (Originates from coal bunkers)
BUOY
An anchored float used for marking a position on the water or a hazard or a shoal and for mooring
BWAD
Brackish Water Arrival Draft
C.O.
Certificate of Origin - a signed statement from a semiofficial organization certifying the origin of an export item, required by certain nations.
CAF
Currency Adjustment Factor. A fee applied to the shipping costs to compensate for exchange rate fluctuations.
CBFT (or CFT)
Cubic Feet
CBM
Cubic Metres
CFR (or C&F)
Cost and Freight
CHART
A map used by navigators

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