What does NVOCC mean?

Non Vessel Owning Common Carrier (NVOCC) refers to a transportation operator that does not own any ocean going vessel assets. The transport operator will take care of operations that include…

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Shipping CIF Incoterms 2020

CIF Incoterms 2020 : A Few Quick Points Cost Insurance and Freight (CIF) Incoterms can be used for sea transport, including inland waterway Risk transfers from seller to buyer when…

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