What does the term “transshipment” refer to?

The term “transshipment” refers specifically to the transfer of goods from one vessel to another during transport. This process is crucial in international shipping and logistics, as it often occurs when goods are transported across different transportation modes or when they need to be transferred between vessels at a port. Transshipment can facilitate more efficient routing of cargo, allowing goods to reach their final destination even if direct shipping routes are not available.

This concept is important for customs brokers because it involves understanding the logistics of shipments, including how and where goods change hands before reaching their final destination, which can impact customs procedures and duties. Understanding transshipment is essential for effective supply chain management and ensuring compliance with customs regulations. The other options relate to different aspects of the logistics and supply chain, such as customs processing or final delivery, but do not define transshipment.