Abandonment of cargo is the legal relinquishment of ownership rights by shipper or consignee when goods are not collected or cleared within a statutory or contractually defined period.
Source: https://www.marineinsight.com/maritime-law/abandonment-of-cargo/
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.