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Under U.S. Federal Maritime Commission regulations, NVOCCs must provide proof of financial responsibility before they begin operating in the U.S. ocean trade lanes.
Licensed NVOCCs must maintain proof of financial responsibility in the amount of US$ 75,000. Registered NVOCCs must maintain proof of financial responsibility in the amount of US$ 150,000.
Most NVOCCs provide proof of financial responsibility by submitting proof of a bond obtained through a surety company approved by the U.S. Treasury.
Learn about our NVOCC Bond services here.