3 Lessons
NVOCC Tariffs and Service Agreements
- Understand FMC requirements for NVOCC operation, including the differences for U.S.-based vs. foreign-based NVOCCs, and the tariff publication strategies.
- Learn about NVOCC Service Arrangements (NSAs), including required information, terms, documentation, and how they relate to NVO-to-VOCC service contracts.
- Recognize the meaning, benefits, and requirements of a Negotiated Rate Arrangement (NRA), including its use in co-loading and record-keeping obligations.
3 Lessons
NVOCC History, Competition, and Service Overview
- Understand why shippers and forwarders prefer using NVOCCs for LCL shipments, and how NVOCCs add value and compete with VOCCs.
- Recognize the factors influencing NVOCC freight rates, the essential information required for shipment quotations, and the mutual benefits of NVOCC Service Arrangements (NSAs) and Negotiated Rate Arrangements (NRAs).
- Learn about the scope and options for NVO transportation, focusing on the planning, scheduling, and cargo acceptance for both LCL and FCL shipments.
1 Lessons
Cargo Acceptance and Delivery: Place, Dates, B/L, Rate Basis
- Understand how the place of cargo acceptance and delivery are specified on B/L instructions and the issued B/L, and the meaning of codes like “CY” and “CFS.”
- Learn about door-to-door cargo transportation B/Ls, service/tariff codes (traditional vs. ISA), and the significance of cargo acceptance, on-board, and issue dates on a B/L.
- Recognize the meaning of ” clean on-board” and understand the relationship between U.S. export license expiry, B/L dates, and export customs requirements.
1 Lessons
Flowcharting the Ocean Forwarder Process: Process Overview
•Flowchart interpretation
•Interpreting a generic overview of the ocean forwarder process
2 Lessons
Ocean Shipment Booking
- Understand the general characteristics and special requirements for ocean cargo bookings, including handling dangerous goods and cargo requiring specific stowage.
- Recognize the processes for standing bookings, service contracts, and booking revisions due to changes in cargo volume, weight, and characteristics.
- Differentiate between booking cancellations, no-shows, and acceptable vs. unacceptable booking rollovers.
- Learn how to ensure booking acceptance, including EDI booking confirmation procedures and review checklist.
4 Lessons
Ocean Forwarder Fees, Charges, and Compensation
- FMC prohibition against an ocean forwarder sharing its fees with an unlicensed party
- What entitles a forwarder to earn and accept “forwarder compensation” from an ocean carrier
- FMC prohibition of rebating “forwarder compensation” to a shipper
3 Lessons
Ocean Forwarder Liability & Relationships With Carriers
- International rules governing ocean carriage and carrier liability
- How cargo insurance addresses a shipper’s risk of loss, door-to-door
- Understand the unique “sea adventure” shared risk relationship between a shipper and an ocean vessel operator
3 Lessons
Shipper-Ocean Forwarder Relationships & Responsibilities
- Basic forwarder responsibilities as agent of the shipper
- Why it is good practice to have a comprehensive written agreement between a forwarder and shier covering terms and conditions of service
- Shipper and forwarder responsibilities under U.S. Foreign Trade Regulations and Export Administration Regulations
6 Lessons
Basics of US (FMC) Regulation of Ocean Cargo Transportation
- Key ways in which “OSRA 22” increased FMC regulation over shipping lines and ocean cargo terminals
- FMC requirements for NVOCCs to ship cargo through U.S. ports
- Adverse consequences that a forwarder found in violation of regulations may face, including FMC fines and sanctions
2 Lessons
Ocean Cargo & Multimodal Transportation
- Meaning of “through” cargo transportation
- Single mode vs. multimodal (intermodal) through transportation
- Benefits of a single through bill of lading
2 Lessons
Ocean Common Carrier Relationships and Competition
- Understand the unique “sea adventure” shared risk relationship between a shipper and an ocean vessel operator
- International rules governing ocean carriage and carrier liability
- How cargo insurance addresses a shipper’s risk of loss, door-to-door
5 Lessons
Basics of Ocean Cargo Transport
- Benefits of containerization in shipping
- Types of intermodal containers and chassis
- Contemporary container ship itineraries
