Vizhinjam Port Welcomes 100th Vessel: India’s Transshipment Milestone #VizhinjamPort #MSC100thVessel #IndiaTransshipmentHub #KeralaPorts #GlobalTrade #InfrastructureDevelopment #AutomatedPorts #IndiaLogistics | Business Today
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What is Transhipment in Import-Export Business? Transhipment in the import-export business refers to the process of transferring goods from one vessel or mode of transport to another during the journey from the exporter to the importer. This usually happens at an intermediate port or location known as a transhipment hub. It is commonly used when there is no direct route between the port of origin and the final destination or when shipping lines optimize cargo loads to reduce costs. For example,
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