Understanding SOC vs COC in Ocean Shipping: What’s the Difference and When to Use Them?

In ocean shipping, the term SOC is commonly heard. SOC stands for Shipper’s Own Container, referring to a container owned or leased by the shipper. The counterpart to SOC is COC, which stands for Carrier’s Own Container. In container shipping, whether it is Full Container Load (FCL) or Less than Container Load (LCL), containers are […]