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Shipment

As in consignment, the act of handing over cargo to a carrier or other transportation service provider for transport. On board a vessel, the act of placing cargo on a vessel. This can be literally defined as passing the ship´s…

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Shipment date

The date a shipment takes place, which is usually the date of the relevant transport document. For banking purposes, with shipments by vessel for which on-board marine transport document is issued, the shipment date is considered to be the date…

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