Transportation Operations LINCS Practice Exam

What are Ocean Transportation Intermediaries?

1. A type of shipping vessel

2. Intermediary companies between shippers and carriers

3. Government regulators of shipping routes

4. Insurance providers for maritime transport

The correct answer is: Intermediary companies between shippers and carriers

Ocean Transportation Intermediaries (OTIs) play a significant role in the international shipping industry by acting as intermediaries between shippers, who are looking to transport goods, and carriers, who actually move those goods via maritime routes. These intermediaries can include freight forwarders and non-vessel-operating common carriers (NVOCCs). By facilitating communication and negotiations, OTIs offer services such as arranging the transportation of cargo, preparing shipping documents, and providing expertise in compliance with international shipping regulations and customs processes. Their involvement can streamline shipping operations for companies that may not have the resources or expertise to navigate the complexities of maritime transportation. The other answer choices describe different roles or types of entities in the transportation and shipping industry but do not accurately define OTIs. While a shipping vessel is critical for transportation, it does not function as an intermediary. Government regulators oversee shipping routes but are not OTIs themselves, focusing instead on maintaining safety and compliance in the shipping industry. Lastly, insurance providers are essential for protecting against risks in maritime transport but do not act as intermediaries in the shipping process.