There are many ports in the world. But all ports are not directly connected with each other. In this reason transshipments occurs. It helps shipping business to connect ports for global business. It’s also a very economical as compared to direct shipments. If you do not use transshipments, you may lease containers for direct shipment to final destination for your goods.
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What is transshipment?
Transshipments or trans-shipment means unloading cargo from one vessel and reloading it into another to reach the final destination. During the process of transshipment, the containers are unloaded at the site or port, reloaded onto a different vessel, and transported to the landing place or final destination.
Thus transshipment hub means any intermediate location where containers are shipped on new vessel for next journey. Read Also: Will Matarbari Port in Bangladesh be a regional transshipment hub?
Famous transshipment ports are Port of Busan, Port of Hong Kong, Port of Singapore, Port of Shanghai, Port of Shenzhen, Port of Rotterdam, Port of Tianjin,Port of Guangzhou etc.
Further readings: Transshipment & Freight Costs: How Exporters Can Save Money
