Transshipment

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Related to Transhipping: transshipping

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 breweries didn't seem to think transhipping was a bad deal either, because they thought the smaller houses in the state would get weeded out.
Many suppliers don't want to do anything about transhipping," Bergson observes, "but I think the suppliers who concern themselves with market integrity are the successful ones.
However, we have been informed that the transhipping system did not perform as expected.
It would also ban operators from retaining on board, transhipping or landing any part or whole carcasses of these species.
In July, the company already started with the loading of the iron-ore barge shipments for the Forecariah mine at the transhipping port at Konta.