Category: NVOCC

Non Vessel Operating Common Carrier (NVOCC): A company that provides the exact same services as an ocean carrier, but which does not own or run a vessel. NVOCCs generally serve as consolidators, accepting little deliveries (LCL) and consolidating them into complete container loads. They likewise consolidate and disperse worldwide containers that come from at or are bound for inland ports. They then function as a carrier, tendering the containers to ocean typical carriers. They are required to file tariffs with the Federal Maritime Commission and go through the same laws and statutes that apply to main typical providers.

NVOCC Versus Freight Forwarder

What Is a NVOCC? NVOCC indicates Non-Vessel Operating Typical Carrier. NVOCC books large quantities of space and sells space to shippers in smaller amounts. NVOCC consolidate small shipments of LCL (less container load) and problems HBL (Home Bill of Lading). …

NVOCC’s Receive A High-Tech Boost

“It utilized to be all the NVOCC required was a phone and a tariff.” Says 1 long time shipping industry observer, “but no more.” Though NVOCCs may be “shipping lines without ships,” these days they have to jump through most …

Pin It on Pinterest