transhipment

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wguma
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Joined: 05/31/2010
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hellow,

 

please could anyone out there clarify this issues for me>

a multinational resource company is trying to mine ore in the deep sea. they will then load the ores onto barge to be transported to the port as a coastal cargo then to be exported overesas using overseas vessels. do we consider this as a Transhipment cargo?

please clarify

kind regards,

Guma

Abrar
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Joined: 03/12/2009
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transhipment

In what context are you seeking an answer, i.e. is it under the terms of an LC, and the definition of transhipment under UCP600, or a more general definition?

I cannot comment on the general aspects, but under UCP principles, transhipment means the reloading from one vessel to another during the course of transit from a port of loading to a port of discharge, as stated in the LC. If under an LC, to give a definitive answer, one would have to know the designated ports of loading and discharge, and the contents of the transport document presented.

However, as has been pointed out, if goods have been loaded into a container, barge, or trailer, (even if the LC prohibits transhipment), and the B/L evidences that transhipment has occured in the course of transit between the port of loading and disharge, the presentation will otherwise be acceptable.

LC Specialist
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Joined: 11/11/2008
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transhipment.

UCP Article 20(ii). A bill of lading indicating that transhipment will or may take place is acceptable, even if the credit prohibits transhipment, if the goods have been shipped in a container, trailer or LASH barge as evidenced by the bill of lading.

Its acceptable.