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OTI: An Overview of Ocean Transportation Intermediaries

by on Thursday, February 27, 2014
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An ocean transportation intermediary (OTI) is a federally licensed individual or entity that provides services associated with foreign commerce. An OTI must be a resident of or incorporated in the United States.The Categorizations of the OTIThere are two primary categorizations of an OTI license: Ocean freight forwarder – A person or company operating within the United States and overseeing a number of activities related to the shipping and freight industry. Primary operations consist of...

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Requirements and Regulations for Container Ships

by on Wednesday, February 26, 2014
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Container ships, specialized cargo ships, are an integral part of the international trade and shipping industry. These vessels typically traverse open seas and are subject to a number of federal and international regulations. Below is an overview of pertinent information on the classification and regulation of container ships.The Classification of Container ShipsRequirements – including size limitations – vary based on the classification of a container ship. Classification of vessel size is...

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An Overview of Regulations for Bulk Carriers

by on Tuesday, February 25, 2014
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Bulk carriers are a vital component of the global transportation and trade industries. The International Maritime Organization (IMO) estimates there are more than 5,000 bulk carriers operating throughout the world. The IMO has instituted and oversees a number of rules and regulations to ensure safe operation of these large vessels.The Definition of a Bulk CarrierThe definition of a bulk carrier varies among IMO and International Association of Classification Societies publications. For...

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Buying a Used Commercial Tugboat Online: Listings and Tips for Purchase

by on Tuesday, February 25, 2014
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Interested in pursuing a maritime career in the commercial tug or towing industry? There’s plenty to learn about the industry, including the United States Coast Guard requirements for towing vessels.Your search may commence by reviewing used commercial tugs for sale through online listings. Below, we have provided information to help you in your quest for a new or used commercial tug.Websites Featuring New and Used Commercial Tugs for SaleThe three websites outlined below offer an assortment of...

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