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Glossary

Term	Definition
BALLAST BONUS	Compensation for relatively long ballast voyage Hits: 273
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. Hits: 256
BBB	Before Breaking Bulk. Refers to freight payments that must be received before discharge of a vessel commences Hits: 286
BDI	Both Dates Inclusive Hits: 287
BEAM	The maximum breadth or the greatest width of a ship Hits: 268
BENDS	Both Ends (Load & Discharge Ports) Hits: 354
BI	Both Inclusive Hits: 305
BIMCO	The Baltic and International Maritime Council Hits: 260
BL	Bale Hits: 354
BM	Beam Hits: 327
BN	Booking Note Hits: 195
BOB	Bunker on Board Hits: 182
BOFFER	Best Offer Hits: 197
BOW	The forward part of a ship Hits: 344
BROB	Bunkers Remaining on Board Hits: 214

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 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.