Carrier Owned Container (COC)
What is a Carrier Owned Container (COC)?
If a container is owned by a carrier then the carrier (container liner or steamship line) is responsible for that container and controls the majority of the transport chain that involves that container.
Using a COC
COC’s are simple to use. You pay the carrier a single rate for moving your shipment from point A to point B and they are responsible for the goods in between, including supplying a container. Thus the shipper is only responsible for returning the container in a timely manner after unloading, or paying any fines (per diem or demurrage) if they do not. Therefore, COC’s work best for standard FCL and LCL ocean shipments.
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