transshipment
Noun
Meaning
The act of transshipping, or transferring, as goods, from one ship or conveyance to another.
Source: Webster's dictionarySynonyms
Antonyms
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Phrases with the word
Examples
Although St. Lucia enjoys a steady flow of investment in tourism, the single most significant foreign investment is Hess Oil's large petroleum storage and transshipment terminal.
As such, Djibouti’s economy is dominated by the services sector, providing services as both a transit port for the region and as an international transshipment and refueling centre.
Ghana is used as a key narcotics industry transshipment point by traffickers, usually from South America as well as some from other African nations.
In an attempt to facilitate trade, in 1995 the Executive Yuan approved the construction of an offshore transshipment center at the port of Kaohsiung through which direct shipping with the mainland China would be permitted.
However, their use can be reduced by lack of flexibility, if there is need of transshipment at both ends of the trip due to lack of tracks to the points of pick-up and delivery.
An educated workforce and improvements in roads, communications, water supply, sewerage, and port facilities have attracted foreign investment in tourism and in petroleum storage and transshipment.