NVOCC register created and minimum standards set for the
Issuance of NVOCC Bills of Lading
FMC defines NVOCC – Non-Vessel-Operating Common Carrier as:
- A common carrier that holds itself out to the public to provide ocean transportation, issues its own house bill of lading or equivalent document and does not operate the vessels by which ocean transportation is provided
- A shipper in its relationship with the vessel-operating common carrier involved in the movement of cargo
As there is no global regulatory body to register, control or regulate NVOCCs around the world, it is difficult to see how many NVOCCs are currently in operation around the world or where they are based..
- It is widely believed that the US market has the largest number of NVOCC operators in the world.. USA may also be one of the few countries where an NVOCC needs to be registered prior to offering services..
- NVOCC registration is also required in China as per certain publications which say that the operator must be registered with Ministry of Transportation..
- Not just in terms of their registration, but there doesn’t seem to be a clear definition on whether the NVOCC operator needs to register their bill of lading or not..
- Similarly, the requirement or need for registration of an NVOCC in other major jurisdictions is clear as mud..
What is the function of an NVOCC..??
An NVOCC is often termed as a “carrier to shippers” and “shipper to carriers”.. What does this mean..??
At the most basic level, an NVOCC enters into volume-based ocean freight arrangements with the various shipping lines operating across the various trade lanes.. An NVOCC then creates their own tariff based on which they sell space on these liner services to their various clients..
Depending on certain jurisdictions and markets, NVOCC’s activities may include but not restricted to below :
Ok, now to the subject of this post..
The ICC International Maritime Bureau (IMB) estimates from its work in verifying Bills of Lading that over 95% of all improperly issued Bills of Lading are issued by – yeah you guessed it – Non-Vessel Operating Common Carriers (NVOCCs)..
The IMB identified that there is a prevalence of issuance of incorrect NVOCC bills of lading by the NVOCC which is then presented to banks and other stakeholders in the trading and finance chain, with the aim of defrauding the trade finance system, possibly for the purposes of multiple financing, money laundering, etc..
The IMB has developed a business solution to mitigate the effects of this problem..
The IMB has established a register for Non Vessel Operating Common Carriers (the Register) who agree to abide by the IMB Code of Conduct for the proper issuance of NVOCC Bills of Lading..
The purpose of the Register is to improve anti-fraud standards and provide a mechanism to recognise participating NVOCCs who adhere to a minimum standard of anti-fraud measures in their operations..
Banks who are members of the IMB can now check whether the NVOCC named on the bill of lading presented to them has signed up to the IMB Code of Conduct..
This provides some sort of assurance to the banks and customers that the NVOCC bills of lading issued by these NVOCCs meet acceptable standards.. There are of course consequences for NVOCCs who fail to comply..
TT Club noted that in terms of banking scrutiny, The International Chamber of Commerce’s Commercial Crime Services division has a primary function of protecting the integrity of international trade by seeking out fraud and malpractice and providing reports based on this activity to its members..
Commercial banks conduct thousands of investigations each year in relation to fraudulent bills of lading and these investigations are undertaken by the IMB..
As part of the investigation process, IMB conducts due diligence on all trade documents, including bills of lading, and seeks independent third-party verification to provide an extra level of confidence in transactions..
Safeguard against shipping and freight fraudThis supports banks in relation to their compliance procedures to prevent fraud, money laundering and sanctions breaches, especially since banks are not obligated or have no resources to verify if the goods have been shipped on board..
Suspect bills of lading are those which have false content including the wrong ship, dates, description of cargoes, container numbers or parties..
Perpetrators present such bills of lading to banks to facilitate fraudulent activity including money laundering, fraud, illegal capital flight and to by-pass sanctions..
Shipping and Freight Resource fully supports this initiative of the IMB which sets out the standards for the issuance of NVOCC bills of lading, and also the fact that there will now be a register where NVOCCs can be tracked..
What is your opinion on this initiative..??
This is hugely beneficial to the shipping and freight industry and will surely reduce potential exposures to fraudulent activity throughout the supply chain..
Hopefully, in due course, this will become a regulatory requirement for NVOCCs and maybe even Freight Forwarders, much like a customs broker or clearing agent licence.
PS: As a point of interest, only the ICC and IMB seems to be expanding NVOCC as Non-Vessel Owning Common Carrier whereas everyone else including FMC, World Shipping Council, TT Club seems to expanding NVOCC as Non-Vessel Operating Common Carrier..
Although it could mean both Owning or Operating, would be interesting to hear the rationale.
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Zbieram sie z opinia od jakichs trzech miesiecy, wiec nie pisze po jednym wieczorze. Wpadlem na to przez znajomego, bo szukalem czegos, gdzie nie trzeba walczyc o wlasne pieniadze. Sam katalog w Fiery Play robi wrazenie rozmiarem — jakies 2500-3000 tytulow, choc realnie krece moze na dwudziestu.
Za gry odpowiadaja klasyka: Pragmatic Play, Play’n GO, NetEnt, troche Yggdrasil i Betsoft. Sweet Bonanza oraz Gates of Olympus siedza na gorze listy, choc osobiscie wole mniej oczywiste tytuly z Big Time Gaming. Sekcja live to Evolution, z Crazy Time i Lightning Roulette na czele. Polskie stoly tez sie trafiaja, ale nie o kazdej porze.
Powitalny pakiet wyglada tak: 100% do 2000 zl plus 200 free spinow, obroty leca partiami. Obrot ustawiony jest na x35, co jest do przelkniecia, a wiec normalnie, choc bez fajerwerkow. Aktualne kody i to co akurat leci znajdziesz na fieryplay kasyno zanim wplacisz pierwsza stowke. Cos na wzor bonusu bez depozytu czasem sie pojawia, choc kwoty sa symboliczne.
Zakladanie konta poszlo w dwie-trzy minuty, prog wplaty to jakies 40-50 zl. Uzywam karty i Neteller, Visa, Mastercard bez problemu, kryptowaluty rowniez sa. Wyplacanie w Fiery Play trwalo do doby przy e-walletach, przelewem bankowym juz 2-3 dni. Na KYC sie troche zacialem — odrzucili mi rachunek za prad bo byl zbyt stary, potem juz z gorki.
Z komorki gram przez przegladarke i szczerze — nie brakuje mi appki. Chodzi plynnie, choc transmisje live lubia zamulic na slabszym necie. Support Fiery Play odpowiada po polsku i to nie translatorem, czekalem srednio 3-5 minut. Dzialaja na licencji Curacao — standard dla stron dostepnych z Polski. Grunt, ze dotad nikt mi nic nie zablokowal ani nie kombinowal z wyplata.
Bazzico su questi tavoli da qualche mese e diciamocelo il gioco della ruota mi ha portato piu momenti buoni di quello che credevo. Non sono il tipo che sbrocca con le puntate, in genere butto 3-4 euro per giro e via. Il catalogo su Crazy Time e ben fornito: tra le 2000 e rotti slot varie se conti Pragmatic, Yggdrasil e NetEnt, quindi i titoli grossi del calibro di Gates of Olympus, Sweet Bonanza e Book of Dead ci sono tutti.
La sezione con i croupier e roba di Evolution e si vede. Dealer in carne e ossa, con tavoli in italiano nelle ore di punta, e gli show tipo Monopoly Live sono proprio quelli dove passo quasi tutte le serate. Di tanto in tanto mi guardo le statistiche dei bonus round prima di entrare, non che serva davvero, eh.
Il bonus di benvenuto su Crazy Time al momento gira intorno al 100% fino a 300€ piu 100 giri gratis, distribuiti su piu giorni. C’e pure una decina di euro senza deposito se verifichi i documenti. Il rollover e 35x, che non e proprio una passeggiata, per cui occhio ai termini: si trovano i termini precisi andando su Crazy Time Italian – Giochi da casinò live nel 2026: guida pratica se ti interessa approfondire.
Per i soldi va abbastanza bene. Sono andato di Neteller e i soldi arrivano in mezza giornata circa, con Visa ci vogliono 2-3 giorni. C’e anche Bitcoin, che pero non ho testato. Deposito minimo 10€, la registrazione rapida. L’unica cosa che mi ha rotto e stata la fase documenti: mi hanno rifiutato la bolletta due volte per una sciocchezza.
La chat di assistenza su Crazy Time parla italiano il che non e scontato, va detto che nelle ore piccole ci vuole pazienza. Da cellulare gira liscio dal browser, un’applicazione dedicata c’e per Android c’e ma e migliorabile. Licenza Malta Gaming Authority, quindi non e concessione italiana, e questo per qualcuno e un punto a sfavore. Io intanto vado avanti, senza aspettarmi miracoli.
Been on Single Bet Calculator for about four months now, mainly in the evenings after work, so take this for what it’s worth. The game selection is genuinely big — roughly 2,500 games going by the counter, and the big names present: Pragmatic Play, Yggdrasil, NetEnt. Sweet Bonanza and Book of Dead get most of my spins, though the older NetEnt slots feel less brutal.
Their sign-up deal is match up to ?300 and 75 free spins, with wagering at 40x on the bonus. Not gonna lie, I nearly didn’t clear it — the spins expire in 72 hours on the spins, and that caught me out. They do a little no deposit bit as well — around ?5 if you verify early, nothing life-changing but free is free.
I’d say the live side is the stronger half. It’s Evolution running it, meaning you’ve got real croupiers, loads of roulette and blackjack seats, and the game shows — Crazy Time, Monopoly Live, that lot. Never had a stream drop on me, which is more than I can say for a couple of other sites. You can see what’s running right now at bet calculator double before you deposit.
Cashouts at Single Bet Calculator have been decent — Skrill came back in under 12 hours for me, Visa took closer to three days. You’ve got Visa, Mastercard, Skrill, Neteller and Paysafe, deposits start at ?10. My first withdrawal got stuck in checks — passport and proof of address and nobody chased it until I did.
Registration’s quick, no messing, UKGC licensed with all the safer gambling tools baked in. No app on the store, but the site scales fine on Android and iOS though an app would be nicer. The live chat at Single Bet Calculator runs round the clock, though you have to get past the bot first. The actual agents knew what they were doing.
I’ve been playing at Nonebet for maybe five months now, mostly on the train home, and figured I’d say a bit since a few blokes here asked. Getting an account took no time — email and a password, that’s it, although the KYC bit came later, which is standard. You only need around $10 which suits me.
The lobby’s big — somewhere north of 4,000 titles last I looked. NetEnt stuff is everywhere, so Gates of Olympus, Big Bass, the usual suspects get pushed hard. I tend to grind Big Time Gaming Megaways when I’m not chasing. NetEnt back catalogue is there as well. The live section runs on Evolution, which means real croupiers, blackjack tables at all hours and Crazy Time if that’s your thing.
Bonus-wise the offer when I joined was a match up to around $750 with 200 spins, rollover sits at 35x which is standard for AU-facing sites, not generous. They also had a small no deposit thing for a while but don’t count on it. Terms change fairly often so check the current ones on Nonebet before you claim anything. The one thing that annoyed me was the max bet rule while wagering — I busted it by accident once and the balance got voided. My fault, but still.
Withdrawals have been decent. Bitcoin withdrawals landed in under an hour every time I’ve done it, e-wallets took 24 hours or so, but the Visa one dragged out to three business days which is the slow lane. Deposits are instant via card, Skrill, Neteller or crypto.
Their live chat got back to me in about five minutes at midnight, not just a bot loop once you get past the bot. No app for Nonebet that I’ve found — it’s a browser thing, works well enough on the Android. Licensed out of Curacao, so not local regulation, make of that what you will if you’re in Australia.
Ben een paar maanden geleden bij Lalabet begonnen en niet gelogen dacht ik dat het weer zo’n doorsnee tent zou zijn. De lobby is gewoon dik in orde: meer dan 2000 titels voor zover ik kan zien. Pragmatic, Yggdrasil en NetEnt domineren wel een beetje, en de usual suspects a la Gates of Olympus en Book of Dead vind je zonder zoeken.
Waar ik eigenlijk vooral zit is het live gedeelte. Evolution levert dat stuk en dat scheelt echt: live dealers die af en toe Nederlands spreken, plus Crazy Time en Lightning Roulette. Beeldkwaliteit is prima, ook op 4G in de trein.
Wat betreft dat welkomstpakket: het is 100% tot 500 euro en 200 gratis spins, plus 50 no deposit spins bij verificatie. De wagering is 35x, niks bijzonders dus, maar ook niet crimineel. Ik had de voorwaarden vooraf doorgespit, meer daarover staat op Lalabet Review als je twijfelt. Een account maken is zo gebeurd en de minimale storting is 10 euro.
Betalingen gaan via iDEAL, Visa, Mastercard, Skrill en Neteller, en crypto kan ook, Bitcoin en Litecoin. Mijn uitbetalingen bij Lalabet stonden meestal binnen een dag of twee op de rekening, via Skrill zelfs sneller. Dat vond ik wel jammer: de verificatie duurde onnodig lang, maar daarna was het geen gedoe meer.
De support is bereikbaar via live chat, antwoord komt doorgaans snel. De medewerkers van Lalabet spreken Nederlands, al kreeg ik een keer duidelijk een standaardantwoord. Een aparte app hebben ze niet, maar de mobiele site werkt gewoon fijn dus dat mis ik eigenlijk niet.
De vergunning komt van Curacao, dus geen KSA-vergunning — dat weet je dan. Persoonlijk heb ik nooit gedoe gehad met mijn geld, maar ik speel dan ook met bedragen die ik kan missen.
Siedze na tej stronie juz jakies pol roku, przewaznie automaty i troche live, wiec napisze pare slow. Lobby w 888starz jest naprawde duze — jakies 3-4 tysiace pozycji, z czego polowa to pewnie klony. NetEnt ciagnie wiekszosc — klasyki typu Gates of Olympus sa oblegane, a ja i tak wracam do Book of Dead. Do tego Microgaming, Betsoft, troche BTG jak ktos lubi wysoka zmiennosc.
Kasyno live obsluguje Evolution, czyli standard. Realni krupierzy, sa nawet polskojezyczne stoly, Crazy Time, Lightning Roulette sa chyba najbardziej oblegane wieczorami. To co mi przeszkadza — czasem klatkuje na slabszym necie, ale to raczej moja wina niz ich.
Bonus powitalny na 888starz wynosi 100% do okolo 1500 zl i 150 darmowych spinow, podzielone na pare pierwszych wplat. Obrot x35 co jest w miare uczciwe, ale bez cudow. Dostalem kiedys kilkadziesiat spinow bez wplaty po weryfikacji maila, z czego nic wielkiego nie wyszlo. Aktualne kody i promki mozna sprawdzic w 888starz apk mod zanim sie zarejestrujesz. Wplacic mozna od okolo 20 zl, zapis trwa moze dwie minuty, z tym ze dokumenty warto wrzucic na starcie.
Wyplaty sa ok, bez dramatow. Skrill i Neteller wchodzi mi tego samego dnia, karta Visa czy Mastercard to juz dwa-trzy dni. Bitcoin schodzi najszybciej — ostatnio wyplacalem w USDT i bylo po 20 minutach. Obsluga 888starz gada po polsku, odpowiedz zwykle w pare minut, choc raz trafilem na kogos kto ewidentnie kopiowal gotowce.
Z telefonu korzystam najwiecej — strona mobilna dziala plynnie, do tego wypuscili 888 starz app. Sciagnalem apke bo powiadomienia o promkach, smiga bez crashy. Jedna uwaga — kraza lewe pliki podszywajace sie pod apk mod, to prosta droga do utraty konta, sciagajcie tylko z oficjalnego zrodla. Dzialaja na licencji Curacao — czyli nie polski regulator, to juz kwestia indywidualna.
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