Oti license, NVOCC OTIs that do not have an active Form FMC-1 on file with the Commission are not considered to be in compliance with regulatory requirements, and therefore, are not included on this list. What is an FMC Ocean Transportation Intermediary License? Ocean Transportation Intermediaries (OTIs) are either Ocean Freight Forwarders or Non-Vessel-Operating Common Carriers and are regulated by the FMC pursuant to the Shipping Act of 1984. S. If the OTI is based in the USA, they can operate as freight forwarders or NVOCC only after obtaining an operating license from the FMC. NVOCC OTIs that do not have an active Form FMC-1 on file with the Commission are not considered to be in compliance with regulatory requirements, and therefore, are not included on this list. The FMC issues licenses to qualified ocean transportation intermediaries (OTIs) in the U. . In this blog, we’ll explore everything you need to know about obtaining and maintaining an OTI license, from understanding the regulatory requirements to navigating the licensing process effectively. Form FMC-18 is available on the Commission's website. To obtain a license, an OTI must submit Form FMC-18 and a fee in the amount of $825. -based companies or sole proprietors operating as Ocean Freight Forwarders (OFF) or Non-Vessel-Operating Common Carriers (NVOCCs) are required to obtain a license from the FMC. Licenses shall be issued for an initial period of not less than one year and not greater than four years as determined by the license number and published on the Commission website. Feb 17, 2024 · One crucial aspect of this regulatory landscape is the Ocean Transportation Intermediary (OTI) license. U. Non-U. -based NVOCCs may obtain a registration or license from the FMC. Dec 31, 2023 · Principal Purpose - The primary purpose for the information requested in Form FMC-18 Rev. Non-USA OTIs are not required to obtain an FMC license, but it is recommended. or a foreign country with respect to shipments in the United States oceanborne foreign commerce. If you have any questions regarding the OTI list, please contact Commission staff at (202) 523-5787 The required OTI experience of the QI of a foreign-based NVOCC seeking to become licensed under this part (foreign-based licensed NVOCC) may be acquired in the U. and ensures that all OTIs are bonded or maintain other evidence of financial responsibility. , is to assist in determining whether an applicant for a license as an ocean transportation intermediary meets the necessary qualifications set forth in 46 CFR Part 515 to be eligible for such a license.


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