NVOCC
Also called: Non-Vessel Operating Common Carrier
A carrier that issues its own bills of lading and assumes responsibility for ocean carriage without operating vessels, buying space from shipping lines and reselling it to shippers. In the US, NVOCCs are licensed or registered with the Federal Maritime Commission and may file manifest data with CBP.
In practice
The NVOCC's house bill is often the document customs matches to the entry, so its data must agree with the commercial invoice.
Related terms
- Consolidation
- The grouping of several shipments from different shippers into one container or air consignment by a forwarder, covered by a master transport…
- Freight forwarder
- A company that organises transport of goods on behalf of shippers, booking carriers, consolidating cargo and arranging documents. Many forwarders…
- Bill of lading
- The transport document issued by an ocean carrier or its agent acknowledging receipt of goods for shipment. It evidences the contract of carriage…
- Cargo manifest
- A list of all goods carried on a vessel, aircraft or vehicle, prepared by the carrier and submitted to customs. It links each consignment to its…