Warehouse & Logistics Encyclopedia
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NVOCC (Non-Vessel-Operating Common Carrier)
A logistics provider that organizes shipments without operating their own vessels.
Definition
NVOCCs issue their own bills of lading, consolidate shipments, and manage sea freight for clients, acting as intermediaries between shippers and carriers.
Overview
NVOCCs facilitate ocean shipping without owning ships, allowing smaller businesses to access international transport and consolidate cargo.
Role
A logistics provider that organizes shipments without operating their own vessels.
Focus
NVOCCs facilitate ocean shipping without owning ships, allowing smaller businesses to access international transport and consolidate cargo.
Example
A small importer uses an NVOCC to ship goods from Asia to Europe, combining multiple small shipments into a single container.
FAQs
Q: Can you give an example of NVOCC (Non-Vessel-Operating Common Carrier)?
A: A small importer uses an NVOCC to ship goods from Asia to Europe, combining multiple small shipments into a single container.