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The cargo could be transferred to another consignee or shipping company by assignment in overseas shipments. Mostly it's seen at ocean freight. Assignment (shipping assignment) enables the transfer of a shipment's rights and ownership of the goods to any other consignee. The assignment term is used in connection with a B/L. The assignment involves the transfer of rights, title, and interest in order to assign goods by endorsing the bill of lading.
In shipping terms, an assignment refers to the transfer of rights, ownership, or control of goods or a shipment from one party to another. It can also refer to the allocation of tasks or responsibilities to individuals or entities involved in the shipping process.