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.
References in periodicals archive ?
After this successful loading Transship emerged as undisputed leader in the market topping-of and lighterage operations , - noted Aleksander Smyrnov, General director of PORTINVEST Holding.
As LNG supply increases worldwide, greater opportunities arise to transship the liquid via ship, barge, truck and rail.
These facilities store, blend and transship petroleum and other liquid products as an integral part of the wholesale distribution system.
Slovenia's port of Koper transships 30% of all cargo headed for Austria, which puts it on top of the list of seven ports which supply the Slovenian northern neighbour with goods arriving by sea, newspaper Verkehr has reported.
which deals mainly in noncontainerized cargo like cars, wines, yachts and construction equipment, said the number of cars Henry Heald transships to Iraq through Beirut has increased dramatically since the conflict began.
TRANSFLO transships the rail cargoes from the railroad to the final destination.
Customs estimates that China illegally transships somewhere between $2 billion and $4 billion a year.