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FMC Ocean Transportation Intermediary License Practice Test

105 questions available

The Federal Maritime Commission (FMC) Ocean Transportation Intermediary (OTI) License is the mandatory federal credential for entities operating as ocean freight forwarders and/or non-vessel-operating common carriers (NVOCCs) in the United States. Administered by the FMC under the Shipping Act of 1984, this license authorizes a company to arrange, book, and issue bills of lading for the international ocean transportation of cargo. Obtaining the license demonstrates to regulators, carriers, and shippers that the OTI meets stringent financial responsibility requirements (via a bond or other security) and possesses the necessary qualifications to operate legally and ethically. For professionals, securing this license for their company is a career-defining achievement that validates deep expertise in regulatory compliance, tariff publishing, service contracting, and liability management within the complex framework of U.S. maritime law. It is not an individual practitioner's license but a corporate credential that is essential for market entry and operational legitimacy.

105 Practice Questions
1 hour 45 minutes Practice Time
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The bank 105 Practice questions checked against the official objectives.
qf-import105 practice questionsBlueprint 1.0Bank updated 2026-05-04

Sample Questions

Try a few questions to see what the full exam is like.

Current OSRA Demurrage Detention and Complaint Rules

Blue Harbor Logistics, acting as an NVOCC, receives a demurrage invoice from a VOCC dated May 5 for a container of lithium battery components. It plans to rebill its shipper 45 calendar days later after internal review. Under the current FMC demurrage and detention billing rule, what is the best answer?

NVOCC Tariffs FMC-1 NRAs and NSAs

Keystone Ocean Lines's NRA for Charleston to Felixstowe lists a base ocean rate but says 'all future pass-through charges at cost plus 12 percent.' After receiving the first shipment, a terminal fee appears that was not fixed in the NRA or rules tariff. What is the best compliance answer?

Licensing Eligibility and Application Changes

Atlas Bridge Freight, a Delaware corporation, wants to advertise itself next month as arranging ocean export bookings from Los Angeles to Shanghai. Its proposed qualifying individual has four years of U.S. ocean forwarding experience but is only a sales consultant, not an officer or employee with management authority. What should the compliance manager require before the company holds itself out as an OTI?

Licensing Eligibility and Application Changes

Pacific Mesa Forwarding is a licensed OFF and later decides to add NVOCC authority for weekly consolidated shipments of retail apparel. The operations team argues that the existing OFF license number can simply be printed on the new house bills. What must happen first?

Licensing Eligibility and Application Changes

Union Bay NVOCC is a licensed OFF and later decides to add NVOCC authority for weekly consolidated shipments of retail apparel. The operations team argues that the existing OFF license number can simply be printed on the new house bills. What must happen first?

Why This Certification Opens Doors

This license is the fundamental legal gateway to operating a freight forwarding or NVOCC business in the U.S. It is not merely a credential but a regulatory requirement that carries significant weight. Possessing an FMC OTI License confers immediate industry recognition and credibility, signaling to partners and clients that your organization adheres to the highest standards of financial stability and professional conduct. For career advancement, involvement in the licensing process or working for a licensed OTI places professionals at the core of international logistics operations, opening doors to leadership roles in compliance, operations, and executive management. It is a non-negotiable mark of a serious, trustworthy player in the global supply chain.

Exam Blueprint

01Common Carrier Operations and Vessel Documentation
02Enforcement, Penalties, and Adjudication Procedures
03Freight Forwarding and NVOCC Service Arrangements
04International Trade and Cargo Security Programs
05Ocean Transportation Intermediary (OTI) Licensing and Regulatory Compliance
06Tariff Publication and Rate Management

Exam Details FMC-OTI

Exam Code FMC-OTI
Vendor qf-import

Frequently Asked Questions

What is the difference between an OTI License as a Freight Forwarder and as an NVOCC?

A single OTI License can cover one or both activities. An Ocean Freight Forwarder acts as an agent for the shipper to arrange cargo movement and handles related documentation. An NVOCC acts as a carrier itself-issuing its own bills of lading, assembling cargo from multiple shippers into consolidated shipments, and booking space with vessel-operating common carriers (VOCCs). Many companies obtain a "dual" license to operate in both capacities. The financial responsibility requirement is higher for entities performing both roles.

Who is the 'Qualifying Individual' (QI) and what are the requirements?

The QI is the person (e.g., officer, manager, or member) named in the application who demonstrates the necessary knowledge and experience to manage the OTI's day-to-day activities. The QI must have at least three years of relevant experience in ocean transportation intermediary activities, demonstrable knowledge of FMC regulations and the Shipping Act, and pass a background check. The QI's qualifications are critically reviewed by the FMC's BCL.

What is the role of the OTI Bond, and is it insurance?

The OTI Bond (or other approved financial instrument) is a core requirement, but it is not insurance for the OTI's cargo. It is a surety bond that protects the shipping public and carriers from financial harm due to violations of the Shipping Act by the licensee. It ensures funds are available to pay reparations ordered by the FMC or judgments from courts for damages arising from the OTI's conduct. The bond must be maintained continuously for the license to remain valid.

What are the key ongoing compliance obligations after obtaining the license?

Licensees have continuous obligations, including: maintaining valid financial responsibility; publishing and adhering to accessible tariffs (for NVOCCs) or stating they do not hold tariff authority (for forwarders); renewing the license every three years; reporting any changes in address, ownership, management, or legal status to the FMC within 30 days; and complying with all FMC regulations regarding service contracts, billing, and communications with shippers.

Can an individual, rather than a company, obtain an OTI License?

No. The FMC OTI License is issued to a business entity (e.g., a corporation, LLC, or partnership). An individual cannot be licensed personally to act as an OTI. The individual's expertise is recognized through their role as the designated Qualifying Individual (QI) for the licensed corporate entity.