Non-Vessel Operating Common Carrier (NVOCC)
A Non-Vessel Operating Common Carrier (NVOCC) is a company that provides ocean freight services without operating its own vessels. NVOCCs lease space on ships operated by other carriers, consolidate cargo from multiple shippers, and issue their own bills of lading, acting as intermediaries between shippers and carriers.
Related glossary terms
Freight Forwarder
Freight Forwarder is a company or individual that arranges cargo transportation on behalf of shippers, coordinating carriers, documentation, and customs…
BCO (Beneficial Cargo Owners)
A beneficial cargo owner (BCO) is the actual owner of imported goods who books directly with ocean carriers. Learn how BCOs differ from NVOCCs and manage costs.
LCL (Less than Container Load)
LCL (Less than Container Load) is a shipping method where multiple shippers share a container, making it cost-effective for smaller shipments that don't fill a…
Carrier
A carrier is an individual or company that transports goods between locations using one or more modes of transport, including sea, air, rail, and road freight.
