Managing Shipping Procedures with Incoterms & Trade Payment

INTRODUCTION

Carriage of goods by sea and multimodal freight management process is a fundamental pre-requisite that enable and empower global traders to increase efficiency, effectiveness and responsiveness in the sea distribution chain. Fulfilling the Incoterms and Payment terms between sellers and buyers. Transforming import export transactions into a tactical and not an operational level.

COURSE HIGHLIGHTS

• To understand the operatives of global shipping 
• To familiarise the contract of sale and carriage 
• To illustrate the Incoterms and payment terms risks
• To learn the proper trade and transport documentation

COURSE BENEFITS

• Be able to mitigate the risks and costs elements of shipping
• Be able to chart the contracted inward and outward flow
• Be able to develop a world-class synergy in global trade

METHODOLOGY

Interactive learning and participative classroom with discussions

COURSE OUTLINES

1. THE MODALISM OF PARTNERSHIP SHIPPING IN GLOBAL TRADE
2. SHIPPING FUNDAMENTALS AND ESSENTIALITIES:-
3. INTERNATIONAL TRADE ROUTES AND TRADING AREAS
4. PRINCIPAL DOCUMENTS IN SHIPPING OPERATIONS
5. FREIGHT RATES AND CARGO CLAIMS RESOLUTION
6. PAYMENT METHODS AND SHIPPING CONSTRAINTS
7. COMMERCIAL AND TRADE DOCUMENT IN SHIPPING
8. THE PROPER APPLICATION OF INCOTERMS
9. THE CONFLICTING ISSUES OF INCOTERMS AND SHIPPING
10. THE MAIN GROUPING OF THE 11 INCOTERMS RULINGS
11. THE COSTS AND RISKS LINES BETWEEN BUYER AND SELLER

CERTIFICATE OF PARTICIPATION