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1.
An insult used predominantly by sea-fairing gentlemen to describe someone who is an all-round asshole, generally inept, or someone who has cocked up in epic proportions.

This term is sometime adopted as a colloquial greeting, most commonly used in Australia.
Sailor - "The motor for the anchor is jammed!"
Able Seaman - "Don't worry, I've found the problem; someone left a rag in here."
Sailor - "Some bloody bilge cunt must have been left it there last time the ship was in port for service!"
by FDragon June 14, 2011