Shipment Date

Shipment Date in International Trade

Meaning of Shipment Date, according to the Dictionary of International Trade (Global Negotiator): The date a shipment takes place, which is usually the date of the relevant transport document. For banking purposes, with shipments by vessel for which on-board marine transport document is issued, the shipment date is considered to be the date of the on-board notation if it is the same date or later that the date on which the document is executed.