
Nonvessel Operating Common Carrier (NVOCC)
A Nonvessel Operating Common Carrier (NVOCC) is a type of freight forwarder that offers the same services as an ocean carrier, but does not own or operate its own vessels. Instead, an NVOCC contracts with shipping lines to reserve space on their vessels and consolidates smaller shipments from multiple customers into full container loads. NVOCCs issue their own bills of lading and are responsible for the transportation of the goods from the port of origin to the port of destination. They also handle documentation, customs clearance, and other logistics services. NVOCCs are regulated by the Federal Maritime Commission (FMC) in the United States.
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