Yes, the word 'shipment' is a noun, a singular, common noun; a word for the act of shipping goods, or the goods being shipped.
post shipment finance :- Post-shipment finance is a loan or advance granted by a bank to an exporter of goods from India. This facility is available to an exporter subsequent to the date of shipment of goods upto the date of realisation of export proceeds.pre shipment finance :- any loan to an exporter for financing the purchase, processing, manufacturing on packing of goods.
Port of shipment refers to incoterms 2000. It is the exporter's port, the port where the goods come from. For example under the CIF term it says that the seller delivers when the goods pass the ship's rail in the port of shipment
A large cargo or shipment of commodities is usually branded as goods.
Goods Receipt
shipment is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea.
A FCA shipment is when a seller hands over the goods to a carrier of the buyers choice. This fulfills the sellers responsibility to buyer
Packing of goods basically says that putting goods, dry or wet in containers and sealing them off either for shipment or for storage.
Embargo Act
After goods are ready for shipment they will be taken to
Pre Shipment Finance is issued by a financial institution when the seller want the payment of the goods before shipment. The main objectives behind preshipment finance or pre export finance is to enable exporter to:Procure raw materials.Carry out manufacturing process.Provide a secure warehouse for goods and raw materials.Process and pack the goods.Ship the goods to the buyers.Meet other financial cost of the business.
Foreign goods are more expensive to purchase. The extra cost from purchasing foreign goods comes from the shipment of the goods over long distances.