<h1><span style="color: #0000cd;">B</span></h1>

<blockquote>

<table width="460px" border="0" cellspacing="5" cellpadding="5">

<tbody>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BA</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">British Admiralty</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BAF</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bunker Adjustment Factor</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BB</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Below Bridge</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;"> </span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Ballast Bonus</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;"> </span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bare Boat</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;"> </span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Break Bulk/ Breaking Bulk</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;"> </span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bulbous Bow</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BBB</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Before Breaking Bulk</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BBC</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bare Boat Charter</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BC</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Code of Safe Practice for Solid Bulk Cargoes</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BCH</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Code for the Construction and Equipment of Ships Carrying Dangerous Chemicals in Bulk</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BCM</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bow to Centre of Manifold</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BCO</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Beneficial Cargo Owner</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BD</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bar Draught</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BDC</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bottom Dead Centre</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BDI</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Both Dates Inclusive</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">B/E</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Break-Even</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BENDS</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Both Ends</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BFI</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Baltic Freight Index</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BHP</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Brake Horse Power</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BI</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Both Inclusive</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BIC</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bureau International des Containers (International Container Bureau)</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BIFFEX</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Baltic International Freight Futures Index</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BIMCO</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">The Baltic and International Maritime Council</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BKR</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bulgarski Koraben Registar (Bulgarian Register of Shipping)</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">B/L</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bill of Lading</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BLU</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Code of Practice for the Safe Loading and Unloading of Bulk Carriers</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BN</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Booking Note</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BOA</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Berthing On Arrival</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BOB</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bunkers On Board</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;"> </span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Balance On Board</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BOD</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bunkers On Delivery</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BOFFERS</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Best Offers</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BOL</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bill Of Lading</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BOP</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Blow-out Preventer</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BOR</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bunkers On Redelivery</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">B/P</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bills Payable</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">B/R</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bills Receivable</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BROB</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bunkers Remaining On Board</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BS</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bunker Surcharge</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BSC</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">British Shippers' Council</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BSI</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">British Standards Institution</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BST</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">British Standard Time</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;"> </span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">British Summer Time</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BT</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Berth Terms</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BV</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Bureau Veritas</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BW</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Brackish Water</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;"> </span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Ballast Water</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BWAD</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Brackish Water Arrival Draught</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BWDD</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Brackish Water Departure Draught</span></td>

</tr>

<tr>

<td align="left" width="40px"><span style="font-family: verdana; font-size: x-small;">BWT</span></td>

<td width="10px">-</td>

<td width="400px"><span style="font-family: arial; font-size: x-small;">Ballast Water Tank</span></td>

</tr>

</tbody>

</table>

</blockquote>