Is there a difference between a NVO and NVOCC Operator..?? This is a very good question asked by one of the readers (Jane)..
If you read my previous article regarding NVOCC, I have mentioned that NVOCC is a Non-Vessel Operating Common Carrier and that the NVOCC can and sometimes do own and operate their own or leased containers..
A Common Carrier is one that takes on the role of a “virtual carrier” and thereby the responsibilities and liabilities of a regular carrier..
You might find some definitions of NVO = Non-Vessel Operator, but as far as I know and have heard, all NVOs are designated as Common Carriers, therefore my contention is that an NVO = NVOCC and vice versa..
I have however heard that in some countries the NVOCC who does NOT own and operate containers, are referred to as NVO and those who own and operate containers are referred to as NVOCC.. Has anyone else come across this..?? Could this be true..??
In the strictest of terms however, there should be NO difference between the two terms.. They are one and the same and it just people’s interpretation of the term and there is no evidence to prove otherwise..
If someone does have such evidence that clearly differentiates these two terms, please do share with all..