Is NVOCC the same as freight forwarder?
Is NVOCC the same as freight forwarder?
An NVOCC is an intermediary between the shipper and the vessel operator and issues their own bills of lading. A freight forwarder is an authorized agent acting on behalf of the shipper.
What companies are NVOCC?
Top 10 NVOCC Companies
- Expeditors International of Washington.
- Orient Express Container.
- APEX Shipping.
- Phoenix International Freight Service.
- Blue Anchor Line.
- Topocean Consolidation Service.
- Schenkerocean (Hong Kong)
- Honour Lane Shipping.
What does an NVOCC do?
What is a Non-Vessel Operating Common Carrier (NVOCC)? An ocean carrier who performs all of the services of a carrier, but who does not own their own vessel(s). They operate by leasing or buying available space in containers and using their own House Bill of Lading to contract with customers.
How do I become an NVOCC?
How to Apply for an NVOCC License?
- Appoint a Qualifying Individual (QI)
- Fill Out the FMC-18 Form.
- Submit the Form and Pay the Application Fee.
- Establish a Presence in the U.S (for non-US-based applicants only)
- Submit Proof of Financial Responsibility.
How many NVOCCs are there in the world?
6000 registered NVOCCs operating in USA and a large number of them are active in Asia Pacific, Europe, Africa and Middle East regions.
Is Cosco an NVOCC?
Sea Trade is an in-house Non-Vessel Operating Common Carrier (NVOCC) established in 1995 as a wholly-owned subsidiary of COSCO SHIPPING (North America).
What is vessel operating common carrier?
Vessel-Operating Common Carriers (VOCCs) or ocean common carrier: Holds itself out to the general public to provide transportation by water of passengers or cargo between the United States and a foreign country for compensation.
How do I get NVOCC?