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Shipping Glossary
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Shipping Glossary
NRNotice of readiness |
NSCNETHERLAND SCAN CHARGE |
NTSNON-TAXABLE STORAGE CHARGE |
NVOCCNon-vessel operating common carrier. A firm that offers the same services as an ocean carrier, but which does not own or operate a vessel. NVOCCs usually act as consolidators, accepting small shipments (LCL) and consolidating them into full containerloads. They then act as a shipper, tendering the containers to ocean common carriers. They are required to file tariffs with the Federal Maritime Commission, and are subject to the same laws and statutes that apply to primary common carriers |
NYPEStandard time charter contract issued by the American Shipbrokers' Association (ASBA) and therefore considered "charterer-friendly". NYPE is derived from the New York Produce Exchange |
O.E.C.D.Organization of Economic Cooperation and Development, headquartered in Paris with membership consisting of the World’s Developed Nations |
O.P.I.C.Overseas Private Investment Corporation |
O/FOCEAN FREIGHT |
OARARBITRARY CHARGE AT ORIGIN |
OBSOBL SURRENDER CHARGE |
