Notice of Readiness. 'This is a “ . . . notice to the Charterer, shipper, receiver or other person as required by the charter that the ship has arrived at the port or berth as the case may be and is ready to load/discharge".
NVOC (Non vessel owning carrier or non vessel operating carrier). This may be a freight forwarder or other form of contracting “carrier” who undertakes to provide carriage of goods but either does not own vessels or, even if this is a vessel owner, space may be used on board vessels belonging to other owners.
Nautical mile. This is the unit of distance used at sea. It is the length of one minute of latitude and this varies from the equator to the poles. For convenience a standard nautical mile is assumed to be 1,852 metres or 6,080 feet, which is the true length of a nautical mile in about latitude 52 degrees.
Net capacity. This rarely used expression related to the vessel's capacity for cargo when loaded to its permissible draught after allowing for fuel, stores, ballast (if any), "ship's constant", and other noncargo components. The term has a similar meaning to "cargo capacity" and to "deadweight cargo capacity" ("DWCC") or "Deadweight cargo tonnage" ("DWCT").