Glossary of Sea Freight Terms

• ABS: This is an abbreviation for American Bureau of Shipping, which is based in United States, and sets the standards for merchant ships and other marine systems.

• Addendum: This refers to the list of terms which are listed at the end of the charter party

• AIMS: It is an abbreviation for the American Institute of Merchant Shipping

• B/D: B/D refers to barrels per day (for production and use of petroleum)

• BIMCO: Many ship-owners and brokers belong to the BIMCO, which is known as Baltic and International Maritime Council

• Box: Commonly, this refers to the container that carries the cargo.• Longshoreman: This is an individual who has been employed to

work on the cargo.

• Boxtime: This refers to the standardized charter time for container ships.

• Feeder Ship: The transshipped cargo from one port to the other

is handled through a Feeder Ship.• Hazardous Cargo: This is a cargo which has substances that

toxic, inflammable or has an otherwise dangerous nature.

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