NVOCC stands for non-vessel-operating common carrier. These companies act as carriers to the shipper and as shippers to the actual vessel operators. They issue their own bills of lading and assume responsibility for the shipment, making their money by buying large blocks of container space at a discount and reselling it in smaller increments.
Heard on the job
We booked the container through an NVOCC because they offered a better rate for a less-than-container load.
Related terms
Bill of lading
A legal document issued by a carrier detailing the type, quantity, and destination of cargo being carried.
General cargo
Goods shipped as individual units rather than in bulk or standard shipping containers.
Shipping company
A commercial business that owns, operates, or manages a fleet of merchant vessels.