GLOBAL NVOCC & LCL CONSOLIDATORS

n.e.m.: Not elsewhere mentioned (English)

n.e.s.: Not elsewhere specified

N.O.E.: Not otherwise enumerated

N.O.H.P.: Not otherwise herein provided

N.O.I.: Not more specifically described

N.O.I.B.N.: Not otherwise indicated by number; Not otherwise indicated by name.

N.O.S.: Not otherwise specified

N.T.: Net tons

National Carrier: A flag carrier owned or controlled by the state.

Nested Solid: Three of more different sizes of an article are placed within each other so that each article will not project above the next lower article by more than 1/4 inch.

Nested: Three or more different sizes of an article are placed within each other so that each article will not project above the next lower article by more than 33 1/3% of its height.

Net Terms: Free of charters' commission

Net Weight: (Actual Net Weight) Weight of goods alone without any immediate wrappings; e.g., the weight of the contents of a tin can without the weight of the can.

NMB: National Maritime Board

NMFC: National Motor Freight Classification

No Objection Certificate: Document provided by scheduled or national airlines of many countries declaring no objection to a proposed charter flight operated by another airline. Often demanded by government authorities before they grant permission for a charter flight to take place.

No Objection Fee: Sum of money paid by a charter airline normally to a scheduled airline in order that it waives its right of objection to its government, thus allowing a charter to take place. Tantamount to a bribe. The amount is usually a fixed percentage of the gross cost of a charter. Common practice in the Middle East and Africa.

Non-Scheduled Flight: See scheduled flight.

Non-Tariff Barriers (NTB): Economic, political, administrative or legal impediments to trade other than duties, taxes and import quotas

Non-Vessel Operation Common Carrier (NVOCC): An F.M.C. registered cargo consolidator of small shipments in ocean trade, generally soliciting business and arranging for or performing containerization functions at the port. These carriers issue their own bill of lading referred to as a house bill of lading.

NPC: National Ports Council / Nigerian Ports Charge (Carriers surcharge given extra costs imposed by ports authority)

NRT: Net registered tonnage

NVOCC: Non vessel owning common carrier


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