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Glossary

Term	Definition
BROKERAGE	Percentage of freight payable to broker (by owners in c/p's) or applicable to sale or purchase Hits: 358
BSS	Basis Hits: 369
BSS 1/1	Basis 1 Port to 1 Port Hits: 526
BT	Berth Terms Hits: 389
BULKHEAD	A vertical partition separating compartments Hits: 327
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. Hits: 348
BUNKERS	Name given for vessels Fuel and Diesel Oil supplies (Originates from coal bunkers) Hits: 520
BUOY	An anchored float used for marking a position on the water or a hazard or a shoal and for mooring Hits: 399
BWAD	Brackish Water Arrival Draft Hits: 462
C.O.	Certificate of Origin - a signed statement from a semiofficial organization certifying the origin of an export item, required by certain nations. Hits: 499
CAF	Currency Adjustment Factor. A fee applied to the shipping costs to compensate for exchange rate fluctuations. Hits: 516
CBFT (or CFT)	Cubic Feet Hits: 1149
CBM	Cubic Metres Hits: 656
CFR (or C&F)	Cost and Freight Hits: 510
CHART	A map used by navigators Hits: 470

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.