What is the role of NVOCC in export?
The role of NVOCC in exporting is to cater to the growing demands of shippers and offer seamless and legal international trade. Shippers across the globe face challenges such as failure to comply with regulatory norms, risk management, documentation, customs clearances, and keeping track of market fluctuations. NVOCC is a logistics service provider that offers services such as containerization, documentation, cargo consolidation, and vessel space reservation for global shippers. It helps in offering greater flexibility and cost-effective international shipping. Let us learn more about the role of NVOCC in export. Define NVOCC A non-vessel operating common carrier (NVOCC) is a logistics service provider that extends its services in the maritime industry. It acts as an intermediary between small or medium businesses and ocean carriers to facilitate shipping activities, including import and export. Shippers must transport goods across borders, but not all containers can hire an...