Patang- The best NVOCC for your supply chain

 A Non-Vessel Operating Common Carrier (NVOCC) performs the functions of an ocean carrier but does not operate the ships. Instead, an NVOCC buys space from carriers and sells this space to shippers.

FMC defines NVOCCNon-Vessel-Operating Common Carrier as:

  • a common carrier that holds itself out to the public to provide ocean transportation, issues its house bill of lading or equivalent document, and does not operate the vessels by which ocean transportation is provided

  • a shipper in its relationship with the vessel-operating common carrier involved in the movement of cargo

As there is no global regulatory body to register, control or regulate NVOCCs around the world, it is difficult to see how many NVOCCs are currently in operation around the world or where they are based.

It is widely believed that the US market has the largest number of NVOCC operators in the world.. USA may also be one of the few countries where an NVOCC needs to be registered before offering services.

Comments

Popular posts from this blog

Best Logistics Software & Digital Logistics Platform in India

Patang – The best Freight Forwarding Company

Unlocking the Power of Real-Time Cargo Tracking and Visibility with Cutting-Edge Technology