Understanding Ocean Transportation Intermediary: Key Legal Insights
Definition & Meaning
An ocean transportation intermediary is defined as either an ocean freight forwarder or a non-vessel-operating common carrier. These entities play a crucial role in the shipping industry by facilitating the movement of goods over international waters. They manage logistics, arrange transportation, and handle necessary documentation, ensuring that shipments reach their destinations efficiently.
Legal Use & context
This term is primarily used in maritime law and international trade. Ocean transportation intermediaries are essential in the shipping process, often involved in contracts, tariffs, and compliance with shipping regulations. Users can manage some aspects of these processes themselves using legal templates provided by services like US Legal Forms, which can help streamline documentation and compliance.
Real-world examples
Here are a couple of examples of abatement:
Example 1: A small business contracts an ocean freight forwarder to ship products from the United States to Europe. The forwarder manages all logistics, including booking cargo space and preparing customs documentation.
Example 2: A non-vessel-operating common carrier arranges the transportation of goods from a manufacturer in China to a retailer in the United States, ensuring compliance with international shipping laws. (hypothetical example)