The ISF will need to be updated if the shipment is sold in transit. At a minimum, the ISF importer must notify CBP that the goods have been sold, and the party must update the Buyer (Owner) field and any other field that the party knows has changed as a result of the sale. Deleting the original ISF and replacing it with a new ISF while the shipment is on the water will expose the ISF importer to liquidated damages for a late filing. It is best to update the original ISF with the new information. The ISF importer remains liable for the timing and accuracy of the ISF filing.