Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the difference between high sea sales and imports?

user-image
Question added by RANJAN SINHA , supply chain and logistics manager , Tech Mahindra Business Services
Date Posted: 2017/09/25
Kamran Rizvi
by Kamran Rizvi , Senior Logistics and Supply Chain Manager , Rashco Glasgow Ltd

If a buyer wants to sell his consignment to a third party before arrival of goods but after sailing vessel from load port, suchsale is known as high sea sale. In simple words, the ownership of goods is transferred, when goods are on transit. ... Imports means any goods moved in to a country from foreign country

More Questions Like This