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 ?
The Freight Forwarders Role is being enhanced by the establishment of a Transhipment hub as a joint venture with Bahria Foundation, he added.
Transhipment infrastructure will act as extension to major ports thereby enhancing port capacities and revenues without incurring huge amounts of capital expenditure.
As part of the PFS, barging costs have been estimated to include the loading of river barges at Banda, river travel, transfer costs at Escravos, ocean travel to the floating transhipment facility, subsequent loading of OGV's and owner operating costs.
PATT handled about 282,000 20-foot containers worth of cargo last year, of which 148,000 were transhipment traffic--that is, the boxes were only passing through on their way to some other final destination.
The new distribution centre near Wakefield and transhipment centre near Glasgow were opened two months ago.
bidders will be assessed for their suitability for the implementation of waterway and railside transhipment activities.
Adani Ports and SEZ Ltd (APSEZL), part of the Adani Group, on Wednesday said it will expand its existing terminal Adani International Container Terminal Pvt Ltd (AICTPL) at its flagship Mundra port to make a transhipment hub.
PRDW was appointed by Kogi's 100% owned Nigerian subsidiary KCM Mining Ltd to investigate the feasibility of using river barges to transport iron ore concentrate via the Niger River from Agbaja to the coast near the Warri Port, then transhipment to larger ocean-going vessels ("OGV") moored offshore.
MANAMA: Bahrain is establishing itself as a regional transhipment hub through Khalifa Bin Salman Port (KBSP), with January recording the highest number of transhipment containers on record.
The European Commission has authorised Belgium to finance the construction of transhipment facilities in order to revitalise the railway line between Lanaken (Belgium) and Maastricht (Netherlands).
NORDIC BUSINESS REPORT-22 June 2004-NorSea AS wins NOK150m Langeled transhipment contract(C)1994-2004 M2 COMMUNICATIONS LTD http://www.
During the last quarter, the Company announced several new measures designed to meet changing market requirements, improve the Company's competitive position, and provide more efficient customer service through restructuring: - a $300,000 investment in the construction of a new terminal in the Drummondville's industrial park leading to the creation of 12 new jobs; the transfer of transhipment activities from the Sarnia to the London terminal, which thereby becomes one of the Company's traffic exchange points in Ontario; and the closing of three U.