Shipping Terms Glossary

Shipping Terms Glossary
NVOCC (Non-Vessel Owning Common Carrier)

NVOCC (Non-Vessel Owning Common Carrier)

NVOCCs are not the same as freight forwarders. They lease space from ocean carriers at a special price and sell the space to their customers.

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What is an NVOCC?

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NVOCC stands for Non-Vessel Owning Common Carrier. The term applies to ocean shipments where the company does not actually own the ship being used. NVOCCs lease space from ocean carriers at a special price and sell the space to their customers.

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Are NVOCCs the same as freight forwarders?

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No. There are two key differences between NVOCCs and freight forwarders:

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β€’ Freight forwarders are agents to shippers, while NVOCCs are carriers to shippers.

β€’ Freight forwarders do not operate or own containers, while NVOCCs manage or hold cargo containers.

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Rajitha Reniguntla

Rajitha Reniguntla is a supply chain enthusiast from Hong Kong. With a curious mind, she's an avid learner carrying a knack for exploring and breaking down complex ideas. She loves to learn about new things and always aims to enhance the customer experience. Outside of work, she enjoys cycling, doodling and listening to podcasts!

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