{"@context":"https://schema.org","@type":"DefinedTerm","name":"Abandonment of Cargo","description":"Abandonment of cargo occurs when a shipper or consignee formally relinquishes ownership of goods by failing to collect or clear them within a period defined by statute or contract. Once abandonment is established, the carrier, warehouse operator, or customs authority acquires the right to dispose of the goods—through sale, auction, or destruction—to recover outstanding charges such as storage fees, freight, and applicable duties. Procedural requirements vary by jurisdiction but typically include","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/abandonment-of-cargo","inLanguage":"en","dateModified":"2026-06-22T19:34:25.051201","citation":"https://www.marineinsight.com/maritime-law/abandonment-of-cargo/","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/abandonment-of-cargo","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Abandonment of Cargo · Abandonment of cargo occurs when a shipper or consignee formally relinquishes ownership of goods by failing to collect or clear them within a period defined by statute or contract. · Quelle: https://www.marineinsight.com/maritime-law/abandonment-of-cargo/"}