CA Final
26 Points
Joined June 2014
Basis of diference Goods in transit Goods in transhipment
1.No. of vessels Involved One Two.
2. Whether goods are unloaded
in between the Journey. No. Yes.
3. Example.- Say goods have to be transported from USA custom port to Kerela Custom Port via Mumbai Custom Port. If the vessel (say X) is carrying the goods from USA to Mumbai Custom Port and unloads the goods in Mumbai custom Port, and then the same goods are loaded in another vessel(say Y) to Kerela Custom port, it is called Goods in Transhipment.Here, the Port Manager has to keep adequate space for the goods to be unloaded.
But, if goods are not being unloaded in Mumbai Custom Port and the same vessel(X) is carrying the goods to Kerela custom port( i.e the goods are just passing by the Mumbai Port without touching the port grounds), then it is called Goods in Transit.Here, the Port Manager does not book a space for the goods to be unloaded.