However, all NVOCC and freight forwarder companies in the United States need to apply for the Ocean Transpiration Intermediary (OTI) license. Federal Maritime
There must be certain types of normal NVOCC and Freight Forwarder processes in this sort of freight shipping industry. Depending on their documents and advantages, there must be a normal way. According to FMC, NVOCC is a non-vessel shipper and a shipping business for companies and individuals. The key reason is to provide services, at the end of the distribution chain, to manufacturers and distributors, to guarantee quality delivery to the customer
What is the difference between NVOCC and Freight Forwarder
Forwarder / NVOCCs are typically responsible for reserving cargo, arranging freight transport, negotiating contracts with various carriers, consulting, preparing and processing all the documents required for the shipment. NVOCC also undertakes to arrange shipments and to enter into arrangements with the shipping company and carrier to guarantee the annual delivery of a certain quantity of containers. Shipping lines, on the other hand, also provide better rates for businesses. NVOCC container lines issue House Bill of Lading on its own, but freight consignors issue lading charges according to the standardisation of the FIATA text. In addition, the freight forwarding agent can not raise any revenue on the top of the container or vessel slot, but can obtain only additional surcharges and operation charges and handling charges.
● International arrangements between the goods carrier and the shipper shall be concluded. ● Cargo in the form of carrier distribution and receipt. Carrier is distributing through the cargo is ● Issuance of separate transport documents and a lading letter of the property. ● Book space handling and shipping of main carriers. ● Arrangement with other necessary charges for transportation between port and port. ● Consolidation and deconsolidation of third party providers or by means of CFS containers.
Some points managed by Freight Forwarder:
● They arrange for international freight movements in different freights like air freight services. ● The duty may also be to dispatch shipments through common US carriers; space needed for shipments through shippers may also be arranged in air freight services. ● It processes and prepares documents for all shipping activities.
There should be no question that the USA is the biggest importer in the world. It is clear that in the United States certain freight forwarder companies must apply for an intermediary license. At that time, any freight must be licensed because there are many more agencies operating in shipping services in the U.S. because everyone needs their services, especially in supplies of NVOCC container lines, as their shipping age.
Licensing their services can be needy moreover their For beginners, applying for the NVOCC licenses can be a little complicated. Don’t worry! Here we have mentioned all necessary details to ease the process for newbies in this field and everyone willing to access all the services for many issues resolving. Types of licenses: All we have three types of licenses in maritime those are most oftenly uses and these all are going to be describe in detail below keep reading the article for this knowledge.
● OTI-NVOCC License:
This allows operators to publish their own loading bill, to set variable sales rates and to purchase critical transport services from operators.
*● OTI-OFF License: *
Operators license under OFF (Ocean Freight Forwarder) The OTI-NVOCC license shall not carry out all activities permitted. However, fees can be paid on company allocation while monitoring and delivery may be facilitated to the parties concerned. ** ● OTI-NVOCC and Forwarder License: **
● The holders of these licenses can operate as NVOCC, freight forwarder and NVOCC. It must be noted, however, that FMC is unacceptable logistics company to operate simultaneously as NVOCC and freight forwarder.