The Collaborative International Dictionary of English v.0.48:

Ship \Ship\, v. t. [imp. & p. p. Shipped; p. pr. & vb. n.
   Shipping.]
   1. To put on board of a ship, or vessel of any kind, for
      transportation; to send by water.
      [1913 Webster]

            The timber was . . . shipped in the bay of Attalia,
            from whence it was by sea transported to Pelusium.
                                                  --Knolles.
      [1913 Webster]

   2. By extension, in commercial usage, to commit to any
      conveyance for transportation to a distance; as, to ship
      freight by railroad.
      [1913 Webster]

   3. Hence, to send away; to get rid of. [Colloq.]
      [1913 Webster]

   4. To engage or secure for service on board of a ship; as, to
      ship seamen.
      [1913 Webster]

   5. To receive on board ship; as, to ship a sea.
      [1913 Webster]

   6. To put in its place; as, to ship the tiller or rudder.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Shipping \Ship"ping\, a.
   1. Relating to ships, their ownership, transfer, or
      employment; as, shiping concerns.
      [1913 Webster]

   2. Relating to, or concerned in, the forwarding of goods; as,
      a shipping clerk.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Shipping \Ship"ping\, n.
   1. The act of one who, or of that which, ships; as, the
      shipping of flour to Liverpool.
      [1913 Webster]

   2. The collective body of ships in one place, or belonging to
      one port, country, etc.; vessels, generally; tonnage.
      [1913 Webster]

   3. Navigation. "God send 'em good shipping." --Shak.
      [1913 Webster]

   Shipping articles, articles of agreement between the
      captain of a vessel and the seamen on board, in respect to
      the amount of wages, length of time for which they are
      shipping, etc. --Bouvier.

   To take shipping, to embark; to take ship. [Obs.] --John
      vi. 24. --Shak.
      [1913 Webster]

WordNet (r) 3.0 (2006):

shipping
    n 1: the commercial enterprise of moving goods and materials
         [syn: transportation, shipping, transport]
    2: conveyance provided by the ships belonging to one country or
       industry [syn: shipping, cargo ships, merchant marine,
       merchant vessels]

Moby Thesaurus II by Grady Ward, 1.0:

44 Moby Thesaurus words for "shipping":
   air express, airfreight, airlift, argosy, asportation, bearing,
   bottoms, carriage, carry, carrying, cartage, conveyance, drayage,
   expressage, ferriage, fleet, flotilla, freight, freightage,
   haulage, hauling, lighterage, line, lugging, merchant fleet,
   merchant navy, navy, packing, portage, porterage, railway express,
   shipment, ships, telpherage, tonnage, toting, transport,
   transportation, transshipment, truckage, waft, waftage, wagonage,
   whaling fleet