Glossary · Ocean
Ocean transportation intermediary (OTI)
Under Federal Maritime Commission regulations, the category covers both ocean freight forwarders and non-vessel-operating common carriers.
Ocean transportation intermediary (OTI) means an ocean freight forwarder or a non-vessel-operating common carrier.
See also
More ocean terms
- Bill of lading (B/L)
- Bunker adjustment factor (BAF)
- Claused bill of lading
- Clean bill of lading
- Container yard (CY)
- Deconsolidation
Go further
- What terminal handling charges (THC) cover
- Demurrage vs detention
- CBM calculator
- Chargeable weight calculator
Definitions are general information, not legal advice. Rules differ by country; check the source and the current regulation before you act on one.