What is NVOCC? How NVOCC can provide better rate than the main shipping carriers

Posted on 04 January 2019     Category : Export

port

 

 Triangular shipment

 

Types of Insurance Documents.

 

What is the earliest date can be mentioned on Bill of Lading. Can BL date and let export date be same day?

 

What is the Procedure for importing goods through Post offices in India

 

What is Third Party Exports? Difference between manufacturer exporter and third party exporter.

 

What is VACIS exam in US import customs clearance


 

    

What is NVOCC How NVOCC can provide better rate than the main shipping carriers copy

 

The information provided here is part of Import Export course online


 

NVOCC means Non Vessel Operating Common Carrier. NVOCC books large quantity of space with ship and sells space to shippers in smaller amounts. NVOCC consolidate small shipments of LCL (less container load) and issues HBL (House Bill of Lading). NVOCC also undertake the services provided by a freight forwarder. A freight forwarder is not typically a carrier buy act as a ‘carrier ‘legally as per Multi Model Transport Document Act. He is an expert in Supply chain management. A freight forwarder books large number of containers and sells to shippers with lesser rate. Each freight forwarder has their overseas counter part to handle each shipment. This helps the shipper and consignee for smooth handling of cargo compared to the service of direct shipping carriers. A freight forwarder also under take inland movements, arrange insurance on behalf clients, undertake the activities of customs clearance etc. In short, a freight forwarder undertake all business activities between a buyer and seller.  Also read Difference between NVOCC and Freight Forwarder

  

The above information is a part of Online Export Import course 

 

 

Other details on how to import export 

 

What is ICD?
Who is Stevedores
How to calculate CBM in LCL export shipments
Why carriers balancing weight and volume while charging freight amount in Exports?
Difference between Purchase Order and Commercial Invoice
Why carriers balancing weight and volume while charging freight amount in Exports?
How to start Export Business?
How to get Export Orders?
What are the risks and solutions in Export Business?
Click here to know India Trade Classification(ITC)
Service Tax - Click here to read complete notification under Budget 2014
What is Bank post shipment credit to exporters?
Types of export containers
Measurement of export containers
Export Import Policy of India 2015-20
MEIS, Merchandise Exports from India Scheme
SEIS, Service Exports from India Scheme
Merge your Commercial Invoice and Packing List for all your future exports
Export procedures and documentation

 

How to make DA mode of payment safe
How to make delay in delivery of Shipment?   
How to obtain a duplicate BL, if original bill of lading lost.
How to obtain GSP - Certificate of Origin?
How to obtain Phyto sanitary certificate. What is phytosanitary certification
What is THC - Terminal Handling Charges
What is the difference between BAF and CAF
What is the difference between High sea sales and imports
What is the difference between re-exports and re-imports
Transhipment - A redefinition
Types of Insurance Documents

 

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

 Triangular shipment

Types of Insurance Documents.

 Import General Manifest (IGM)

Importance of Bill of Lading

Introduction to this web site.

 Is Airway bill a documents of title?

 Is Customs House Agents (CHA ) required to be appointed mandatory?

Transferability of Bill of Lading

Transhipment - A redefinition



Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

 Triangular shipment

Types of Insurance Documents.

 Is DP terms of payment safe in export business?

Is Letter of Credit LC safe for an Importer?

 

Triangular ex


Comments


Olga Macas - Freightlogistics C.A: On 06 July 2015 I found your web side very interesting and thanks for sharing your knowledge. I would like to know if you can share information about the freight forwarder network, how are they build? Like a normal freight forwarder company? What kind the insurance they hire to cover the debts between members? Etc….. Thank you in advance for your time and attention

nageb: On 02 December 2015 Dear Sirs, Good day Member ID: 91482 We would like to take this opportunity to introduce ourselves as an International Freight Forwarder in Yemen and we are pleased to collaborate / develop the global business relationship with all our worldwide business partners. We are capable of providing complete logistics solutions . Depicted above is the emblem of Through Clouds International Co. symbolizing our organization's solidity and stability , while also portraying our service in the field of Air, Sea , Inland and cargo reaches around the Globe. Our field of activity includes the full range of following services and in order to provide excellent personalized services to all our clients , we keep constantly enhancing Quality , Innovation and Flexibility. 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Through Clouds International's head office located in Sana'a and branch office in Hodeidah ( Covering total Yemen area ). Also, we have fully equipped warehouse with all facilities . A short render of services provided by our Company are here as follows : • Air consignments ( Import / Export ) • Sea consignments ( Import / Export ) • Providing FCL / LCL Operation • Inland Transportation .Complete local Transportation • Multimode Transportation • Custom Clearance ( Import / Export ) • Distribution and Warehousing • Break Bulk and Heavy Lift Shipments • All type of Project Cargoes • Door-to-Door Services Facility to/from World wide • Round the clock services available • Experience and skilled staff available till the completion of the job. Excellence in fulfilling the promise: the provision of a complete one –stop logistics provider. To play an essential role in our client's business. Through Clouds International will make every effort to be identified as : • Providing diversified range of services and customized solutions to cater for needs of all market segments. • Providing timely services to its clients through improving the response time and service execution cycle fully. • Providing reliable services to improve customer confidence and repeat business. • A company that puts client's perspective ahead of its own motivations and profit. • A company that will continue to develop customized services geared to suit each customer's requirements individual. We can confidently assure you that you will be well satisfied with our professional way of work and provided with excellent logistic information on the movements in time of each shipment and all shipping issues. We would be very pleased to co-operate with your prestigious firm and accept to act as your reliable and efficient agent in Yemen to handle all inbound/outbound via yr svcs. We propose that you make inquiries in confidence about our antecedents and performance from yr local sources and if satisfied , give us an opportunity to be of service to your esteemed Organization .We feel that where time schedule is very tight, an efficient , well planned and expeditions clearing and forwarding services are of the essence. We feel confident of providing such services. Pls exchange your views/business , ideas/suggestions and policies of companies to open new venture of co-operation& business. To increase our potential , Through Clouds International is playing a big role for all type of supplies and orders ( Export / Import for multi products) Should you have any assistance /inquiry you are welcome to ask. All your views , suggestions , business terms and feedback would be highly appreciated by Through Clouds International to make more smooth & convenient business policies between us . You can also visit our website www.thcint.com.ye for further information. Likewise, we look forward of doing business cooperation with you that will mutually be beneficial to both sides. Have a pleasant day ahead for all. Best Regards Najeeb A.Waraq General Manager THROUGH CLOUDS INT`L CO. Haddah, Al Misbahy Intersection, Al-Kindy Tower , P.O.BOX :19051 Sana'a, Yemen. Tele : +967 1 429 744 Fax : +967 1 415 442 E-mail : thc_int@yahoo.com ops@thcint.com.ye Web: www.thcint.com.ye ===================================== Member of Member ID: 91482

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