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Transshipment

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Transshipment
The passing goods from one ocean vessel to another.

Transshipment
The transfer of goods from one ship or other vessel to another, especially while in transit. One may think of transshipment as a layover in the importing and exporting of goods. Because it exposes the buyer to the risk that the goods will be damaged in transit, some letters of credit prohibit transshipment. The term is also spelled as transhipment.


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2, 2009 (CENS)--The Taiwanese government plans to seek the agreement of China to permit the Chinese passengers of regular cross-Taiwan Strait flights to take transit flights and allow airliners for cross-Strait flights to transport transshipment goods at Taoyuan International Airport.
The company continues to strengthen and modernize its operations in crude oil and petroleum product transshipment, running its operations the same way as it operates its other terminals around the world, reports Vitol Group, co-owner of the subsidiary.
Laparkan's plans include establishment of an LCL (Less Than Container Load) transshipment hub in Kingston, linking with its hub in Trinidad, said chairman Glen Khan.
 
 
 
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