BCO 1 : Beneficial Cargo Owner. Refers to the importer of record, who physically takes possession of cargo at destination and does not act as a third party in the movement of such goods
US Department of Transportation, Maritime Administration, Glossary of Shipping Terms, Washington, DC, USA 2008. http://www.marad.dot.gov/documents/Glossary_final. pdf, (Mrtm - Amer) {572}