Return to site
Return to site

NVOCC

Non-vessel operating common carrier’s (NVOCC) are a form of freight forwarder, taking bookings for less-than-container-loads (LCLs) and combine LCLs to make a full container under one bill of lading. NVOCCs do not own or operate ships, instead they book space on ships and sell it in smaller quantities, consolidating freight for transport in standard containers. The NVOCC issues its own bill of lading containing virtually the same data fields as the corresponding Master Bill of Lading issued by the vessel operator. The Master Bill of Lading is a contract issued by the ocean carrier and between the NVOCC and their agent (at origin or destination). NVOCC’s buy services from ocean carriers and are able to mark-up freight costs as they resell these services to their clients.

&

Riding on oceans, containers full of palm trees, mosaic of time

Subscribe
Previous
TMS
Next
Humanitarian
 Return to site
Profile picture
Cancel
Cookie Use
We use cookies to improve browsing experience, security, and data collection. By accepting, you agree to the use of cookies for advertising and analytics. You can change your cookie settings at any time. Learn More
Accept all
Settings
Decline All
Cookie Settings
Necessary Cookies
These cookies enable core functionality such as security, network management, and accessibility. These cookies can’t be switched off.
Analytics Cookies
These cookies help us better understand how visitors interact with our website and help us discover errors.
Preferences Cookies
These cookies allow the website to remember choices you've made to provide enhanced functionality and personalization.
Save