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What is an NVOCC?

April 26, 2017contract FMC NVOCC NVOCCs shipper shippers vocc

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10 Posted

What is an NVOCC?

4 Answers

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NVOCC is a Non Vessel-Operating Common Carrier or a carrier that issues bills of lading for carriage of goods on vessels neither owned or operated by him. Often, a NVOCC is a consolidator.

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An NVOCC is a common carrier that does not operate the vessels by which ocean transportation is provided, and is a shipper in relation to the involved ocean common carrier.

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NVOCC is a Non Vessel-Operating Common Carrier or a carrier that issues bills of lading for carriage of goods on vessels neither owned nor operated by him. Often, an NVOCC is a consolidator.

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An NVOCC is a common carrier, meaning that it is responsible for loss, damage or delay of the goods. It issues its own bill of lading and makes arrangements with VOCCs, port agents, local carriers and others for movement of the goods. Up to now, all of the charges for these services would be in accordance with the NVOCC’s tariff.