Bulk Vessel means a self-propelled ocean-going vessel constructed or adapted primarily to carry unpackaged dry bulk cargo. A bulk vessel may use vessel-based or shore-based equipment for loading and discharging of cargo.
Bulk shipping is the transportation of goods in large quantity, usually not packed but loaded directly into a vessel. Such goods are grains, petroleum products, iron ore and more. These type of goods are referred to as bulk cargo. These are unpacked goods loaded onboard a vessel.