What are Non-Vessel-Operating Common Carrier Service Arrangements (“NSAs”)?
An exemption recently issued by the Federal Maritime Commission (FMC), allows non-vessel-operating common carriers (NVOCCs) to now enter into service arrangements with their shipper/customers called NSAs (non-vessel-operating common carrier service arrangements). 46 CFR Part 531.Under the Commission’s rules, an NSA means a written contract, other than a bill of lading or receipt, between one or more NSA shippers and an individual NVOCC or two or more affiliated NVOCCs, in which the NSA shipper makes a commitment to provide a certain minimum quantity or portion of its cargo or freight revenue over a fixed time period, and the NVOCC commits to a certain rate or rate schedule and a defined service level. 46 CFR 531.3(p).An NSA shipper is a cargo owner, the person for whose account the ocean transportation is provided, the person to whom delivery is to be made, a shippers’ association, or a non-vessel-operating common carrier. 46 CFR 531.3(o).
An exemption recently issued by the Federal Maritime Commission (FMC), allows non-vessel-operating common carriers (NVOCCs) to now enter into service arrangements with their shipper/customers called NSAs (non-vessel-operating common carrier service arrangements). 46 CFR Part 531. Under the Commission’s rules, an NSA means a written contract, other than a bill of lading or receipt, between one or more NSA shippers and an individual NVOCC or two or more affiliated NVOCCs, in which the NSA shipper makes a commitment to provide a certain minimum quantity or portion of its cargo or freight revenue over a fixed time period, and the NVOCC commits to a certain rate or rate schedule and a defined service level. 46 CFR 531.3(p). An NSA shipper is a cargo owner, the person for whose account the ocean transportation is provided, the person to whom delivery is to be made, a shippers’ association, or a non-vessel-operating common carrier. 46 CFR 531.3(o).