The NVOCC (non-vessel operating common carriers) arranges for the carriage of cargo on ocean vessels and issues house ocean bills of lading. By issuing its own bill of lading, the NVOCC presents itself to the cargo owner as the carrier and assumes certain liabilities associated with the ocean carrier. The NVOCC’s house bill of lading contains contract of carriage details and often limits their liability for lost or damaged cargo. The Federal Maritime Commission (FMC) regulates NVOCC operations.
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Other Solutions You Might Need
Do you have operations outside the parameters of strictly NVOCC activities? You may have additional risk that needs to be considered. Never hesitate to contact your Roanoke insurance broker for guidance, and be sure to view the full compliment of logistics and supply chain solutions we have to offer. Depending on the additional services you offer, you might consider:
- Warehouse Legal Liability Insurance
- Bailee Liability Insurance
- Packer’s Liability Insurance
- Custodial Customs Bond
- Contingent Motortruck Cargo Insurance
- Contingent Business Auto Insurance
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