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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]
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. [8] Licensing requirements. OTIs must be licensed by the FMC before they perform OTI services in the United States. [9]
Licensing, financial responsibility requirements, and general duties for ocean transportation intermediaries 520 Carrier automated tariffs: 525 Marine terminal operator schedules 530 Service contracts 531 NVOCC Service arrangements 535 Ocean common carrier and marine terminal operator agreements subject to the Shipping Act of 1984: 540
International ocean freight forwarders arranging for shipments to and from the US must be licensed by the Federal Maritime Commission as ocean transportation intermediaries, who are ocean freight forwarders or non-vessel-operating common carriers (NVOCC). NVOCCs dispatch shipments from the United States via common carriers and books or ...
Ship registration has been done since business on the seas has been important. Originally meant to control ships carrying cargo in European seafaring countries, [1] it was used to make sure ships were being built in the local country, with crews predominantly of the local country. [4]
Some states may require a written examination for a license, while others may require several years of field experience as a student or intern, or both. The requirements regarding who must be licensed may include uncommon or strange licenses; for example, four states require licensing for interior designers. [4]
Louis Ernest Sola (born January 8, 1968) is an American businessman and politician, who is currently Chairman of the Federal Maritime Commission. [1] Sola currently works with Commissioners Daniel B. Maffei, Rebecca F. Dye, and Max Vekich. [2]
Merchant Mariner Credential. The Merchant Mariner Credential (MMC) is a credential issued by the United States Coast Guard in accordance with guidelines of the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW) to United States seafarers in order to show evidence of a mariner's qualifications. [1]