What Is an NVOCC, or a Non Vessel Operating Common Carrier?
A Non Vessel Operating Common Carrier or NVOCC is a term used in the ocean freight and cargo shipping industry. An NVOCC is a shipment consolidator. Shipment consolidators provide a variety of shipping services to a wide range of customers worldwide. Services provided by shipment consolidators can include packing and securing cargo, and pick up, transport, and port to port or door to door delivery of your goods.
An NVOCC functions as a cargo carrier by issuing bills of lading. A bill of lading, also called a B/L or BOL, is a document issued by a carrier to a shipper. The bill of lading acknowledges that goods have been received on board a cargo vessel for shipment to a specified destination and consignee for delivery. Probably one of the most important facts about an NVOCC is that an NVOCC assumes responsibility for ocean freight, but an NVOCC does not own a cargo vessel.
In order to become an NVOCC in the United States, a company has to receive an ocean transportation intermediary (OTI) license from the United States Federal Maritime Commission. All companies applying for the OTI license must successfully pass through a multi-step process administered by the Federal Maritime Commission’s Bureau of Certification and Licensing. As part of this NVOCC certification and licensing process, companies are assessed on their experience and ability to successfully provide OTI services that are in compliance with regulations based on the Shipping Act and Federal Maritime Commission.
There are many benefits to using a good and reliable Non Vessel Operating Common Carrier like Cargo Experts. Perhaps most importantly, a good NVOCC can help you save money. NVOCC’s can help to save you money in a number of ways including their ability to consolidate shipments. Another important benefit to using a good and reliable NVOCC is that they can help save you time. If you are not experienced with shipping cargo overseas, it can be very confusing and a little bit overwhelming. Even if you are experienced with cargo shipping, it is still beneficial to seek out the services of a dependable NVOCC.
NVOCC’s can also help you save time and frustration because they have a very thorough understanding and knowledge of the cargo shipping industry. This includes information on the most efficient and effective routes of delivery, based on your specified destinations. It is also beneficial to use a reputable and dependable NVOCC because they can help with the safety and security of your ocean freight. Their understanding of all of the facets of cargo shipping, from packing and pick up, through transportation and delivery, helps to provide your cargo with the best possible international delivery.
Source by Diane Watts Roy