Shipping and Freight Forwarding professional
Who should attend?
Senior buyers, purchasing supervisors, purchasing managers and other supply chain personnel. 
Duration
2 Days
Programme Overview

With globalisation, supply chains are stretching, as globally-sourced manufacturing grows, and shipping lines get busier than ever. The demands of world trade are increasing and logistics issues are and will continue to be a top priority for every multinational. As such, the efficiency of the supply chain is becoming an increasingly essential component in the worldwide flow of goods and services, airport and port operators are striving to meet the rapidly expanding needs of customers.

Multinationals, conglomerates and individual companies are looking to enhance the quality and efficiency of their services in order to survive in a competitive business environment. As a result, logistics/shipping professionals are in great demand and are being offered exciting job opportunities. Evidently a new set of skills are required to match the dynamism & enthusiasm of a new world of business.

The training course in Shipping, Freight Forwarding and International Trade is aimed at honing the skills of officers, junior managers, as well as experienced executives without formal training.


Objectives
  • Understand the nuances of Global Trade via shipping
  • Documentations required
  • Governing laws and Insurance requirement
Methodology

This course uses a variety of interactive training methods such as case studies, team exercises, individual exercises, and questionnaires.

Course Outline

Module 1: International Trade

  • Trade & Marketing Environment (Domestic & Overseas)
  • Entry into overseas Markets/Strategies for Development
  • Dynamics of Protectionism & Trade Barriers
  • International Economic Institutions – GATT – WTO, UNCTAD, IMF & - World Bank Groups

Module 2: Shipping Documentation

  • Ocean Bill of Lading (B/L), Airway Bill (AWB)
  • Import and Export Documentation
  • Commercial, Customs & Transportation Documentation
  • Export-Import clearance of breakbulk & containerized cargo
  • Shipping company & Port formalities

Module 3: Inco Terms

  • Introduction to INCO terms
  • Four Groups of INCO terms: E, F, C & D - Risk management spectrum
  • ICC & INCO terms - INCO terms & Carriage risk analysis
  • Carrier liabilities - Insurance
  • Buyer & Seller responsibilities

Module 4: Documentary Credit & UCP 600

  • Documentary Credits: What & Why?
  • Settlement of International Trade transactions
  • Settlement of International Payment instruments
  • Clean payment vs Documentary collections
  • Analysis of risks and uncertainties in payment
  • UCP 600 and Documentary Credit undertaking of banks
  • Analysis of costs borne by seller and buyer

Module 5: Shipping Law & Marine Insurance (Shipping Law)

  • Law of the Sea & Ships
  • Law of the carriage of Goods by Sea
  • Adoption & Enactment of International Law in Shipping (UNCLOS)
  • Contract of affreightment – Bill of Ladings & Charter Parties
  • Risks, Responsibilities and Immunities of the Carrier under the Law
  • Rights & Privileges of the Charterer / Shipper
  • Hague-Visibly Rules & Hamburg Rules (Marine Insurance)
  • Aim, Objectives, Policy Types & Coverage
  • Insurable Interests & Warranties
  • Insurance of Hull & Machinery & Cargo
  • General Average – Particular Average, Total Loss - Settlement of Marine claims
  • Lawful marine adventure & Abandonment

Module 6: Containerization, Port Operations, Shipping & Logistics

  • Economics of Containerization
  • Types of Containers - Numbering and identification of containers
  • Container operators – MLO vs NVOCC
  • Cargo handling at the Port & Port
  • Other Logistics Providers & Multi-Modal Operators
  • Liner & Chartered Shipments – Comparative economics
  • VLCCs and Bulk Carriers – Operation & Logistics

Module 7: SHIP - Shore Interface, Electronic Commerce & EDI - Basic concepts related to Handling and Shipment

  • Dry-bulk Cargo, Containers, Tankers, Large Bulk Carriers
  • Dangerous Goo cautions - Common Shipping Terminologies
  • Electronic Bills of Lading & Functional Equivalence
  • Electronic Data Interchange (EDI) – Swift
  • The UNCITRAL Model Law on Legal aspects of EDI
  • Electronic Data Messages – Legal Recognition
  • Document of Title and Negotiability
  • International Chamber of Commerce (ICC) – Bills of Lading


scroll to top