Glossary of Shipping Terms: Bill of Lading Port of Discharge - Block Stowage

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Glossary of Shipping Terms: Bill of Lading Port of Discharge - Block Stowage

Bill of Lading Port of Discharge
Port where cargo is discharged from means of transport.

Bill of Sale
Confirms the transfer of ownership of certain goods to another person in return for money paid or loaned.

Bill to Party
Customer designated as party paying for services.

Billed Weight
The weight shown in a waybill and freight bill, i.e, the invoiced weight.

Blanket Bond
A bond covering a group of persons, articles or properties.

Blanket Rate
· A rate applicable to or from a group of points.
· A special rate applicable to several different articles in a single shipment.

Blanket Waybill
A waybill covering two or more consignments of freight.

Blind Shipment
A B/L wherein the paying customer has contracted with the carrier that shipper or consignee information is not given.

Block Stowage
Stowing cargo destined for a specific location close together to avoid unnecessary cargo movement.

The terms in this glossary have been carefully selected from the myriad of terms one can encounter in the shipping business through the Department of Transportation in the interest of information exchange. Neither the U.S. Government or Shipping-web.com assume liability for its contents or use thereof nor do they endorse products. We hope you will find it useful.