Description
NVOCC stands for Non-Vessel Operating Common Carrier, which is a type of shipping company that does not own any vessels but acts as a carrier by booking space on vessels and arranging transportation of goods on behalf of shippers. NVOCCs operate by consolidating cargo from multiple shippers into full container loads (FCL) or less-than-container loads (LCL), which are then transported by ocean carriers.
NVOCC operations refer to the activities and processes involved in the operation of an NVOCC. These may include booking cargo with ocean carriers, consolidating cargo from multiple shippers, arranging for transportation and delivery of goods, and managing documentation and compliance with regulatory requirements.
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