Re-shipped

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📖 Detailed Explanation

Re-shipped is a term in foreign trade logistics that refers to the act of returning part or all of the shipped goods, or shipping additional goods to fulfill the contract, due to short shipment, wrong shipment, damage, or document discrepancies in the original shipment. It is commonly seen in letter of credit (L/C) transactions: if the documents submitted by the beneficiary do not comply with the L/C terms, or the quantity of goods is insufficient, the issuing bank may refuse payment, and the seller then needs to re-ship the goods and resubmit compliant documents. When using re-shipped, note: 1) Re-shipment usually requires the buyer's consent and may incur extra costs (e.g., freight, storage fees); 2) If an L/C is involved, after re-shipment, ensure the new documents are consistent with the original L/C, otherwise payment may still be refused; 3) Re-shipped is different from 'Transhipment,' which refers to changing vessels during transit, while re-shipped is the proactive act of shipping additional or returning goods; 4) Re-shipped is also different from 'Return Shipment,' where goods are returned and not re-shipped. Re-shipment must be completed within the time limit specified in the contract or L/C, otherwise it may constitute a breach of contract.

📝 Examples

1. Due to a short shipment of 10 boxes out of the original 100 boxes, the seller has arranged re-shipment and promised to ship the missing quantity free of charge on the next voyage. (Note: After short shipment, the missing quantity is re-shipped at the seller's expense.) 2. The L/C required a full set of clean bills of lading, but the bank found that the bill of lading was marked 'partial goods re-shipped,' resulting in document discrepancies, and the issuing bank refused payment. (Note: Re-shipment causes abnormal documents, triggering the risk of L/C refusal.)

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