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The FMC regulations define "NVOCC" as a common carrier that does not operate the vessels by which the ocean transportation is provided, and is a shipper in its relationship with an ocean common carrier. [10] Licensing requirements. OTIs must be licensed by the FMC before they perform OTI services in the United States. [11]
An ocean transportation intermediary (OTI) is a company that is licensed by the Federal Maritime Commission (FMC) to operate in the United States as an ocean freight forwarder, non-vessel operating common carrier , or both. [1]
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FMC Dockyard Limited was established in 2009 as a shipbuilding company. FMC Dockyard is the mother company of FMC Group. It is now the largest shipyard of Bangladesh with total areas of 45-Acre premises and it's the only Dockyard of Bangladesh, which has its own forward and backward linkage industry. More than five hundred marine professionals ...
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