The shipping of goods or passengers by a ship registered in one country that occurs solely from port to port along the coast of another country. It is typically governed by the portage country’s national law. Laws granting permission for coastal trade are typically restrictive in each country. Known also as cabotage.
Link to This DefinitionDid you find this definition of COASTAL TRADE helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary