Nvocc license

It is recommended the application fee be paid by credit card using the online Pay For Services Non-U. A list of tariff publishers can be supplied upon request.

See below for more information on Proof of Financial responsibility. Appoint a qualifying individual A qualifying individual must have at least three years of demonstrable OTI experience in the U. It is recommended the application fee be paid by credit card using the online Pay For Services Reporting Changes to an existing License or Foreign Registration Within 30 days of the change, Licensed or Registered NVOCCs and ocean freight forwarders must report changes to any information that was provided on their most recent application.

W Washington, D. Our mission is to ensure a competitive and reliable international ocean transportation supply system that supports the U. The Certificate Performance evidences that the PVO has on file with the Commission acceptable coverage to satisfy any liability incurred for nonperformance of transportation, such as when a PVO declares bankruptcy and fails to complete the cruises booked.

The coverage is used to reimburse passengers when the PVO fails to perform cruises as contracted and has taken no further actions to refund passengers. The Certificate Casualty evidences that the PVO has acceptable coverage to satisfy any liability incurred for death or injury on file with the Commission. After approval, OTI licenses are issued to applicants upon receipt of acceptable proof of financial responsibility usually in the form of a surety bond.

When appropriate, the Office recommends denial. In this article, we will define clearly what is an NVOCC and juxtapose it between other logistics service providers to give you a clear understanding of who you are dealing with.

An NVOCC acts as a principal transport operator that acts on behalf of the seller or buyer in arranging the supply chain details. NVOCC in the eye of FMC is defined as a common carrier, that issues a house bill of lading but does not operate vessels or other transport modes. After going through several definitions from various international bodies. We can draw a conclusion that is near-universal to all jurisdictions and definitions. When a logistics service provider issues a bill of lading, the international traders are effectively signing a contract of carriage with the service provider.

In this case, any legal and insurance claims from the shipper or importer have to be directed to the party that drew that contract of carriage NVOCC instead of any other third-party outsourced service providers. The contract of affreightment or contract of carriage is the legally binding document of service between parties. We can ascertain the role of the freight forwarder in a logistic service by looking at the bill of lading issued.

A freight forwarder acting as an authorized agent will issue the contract of carriage. As we mentioned, this implies that any legal or insurance claims against the common carrier have to be presented to the VOCC instead of the freight forwarder. However, not all legal and insurance claims can be brought to the common carrier listed above.