Shipping Procedures & Documentations with Incoterms 2020 & Trade Payment

  • 14-10-2022

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.


  1. THE MODALISM OF PARTNERSHIP SHIPPING IN GLOBAL TRADE:-
  • The strategic linkage of PSS 
  • The selection criteria aims of PSS 
  • The fulfillment elements of PSS
  1. SHIPPING FUNDAMENTALS AND ESSENTIALITIES:-
  • The Carriage of Goods by Sea Act
  • The types of shipping operators and port controllers
  • The land-side and sea-side logistics frictions
  • The navigational and maritime facilities and resources
  • The types of cargo and carrier’s acceptance and stowage
  • The movement of containerized and conventional shipment
  1. INTERNATIONAL TRADE ROUTES AND TRADING AREAS 
  • The transit and trans-shipment process and practice
  • The open-sea landscape volatility and vulnerability
  • The flag of Discrimination and Convenience impact
  1. PRINCIPAL DOCUMENTS IN SHIPPING OPERATIONS 
  • The Bill of Lading 
  • The Sea Way Bill 
  • The Mate’s Receipt 
  • The Cargo Manifest 
  • The Shipping Note 
  • The Shipping Delivery Order 
  1. FREIGHT RATES AND CARGO CLAIMS RESOLUTION
  • The Liner and Carrier rates 
  • The Commodity Box rate 
  • The Freight All Kind rate 
  • Notice of Claim resolution
  • Time Bar and Limitation in liability
  • Claimant parties in the claim process
  1. PAYMENT METHODS AND SHIPPING CONSTRAINTS 
  • The types of payment options 
  • The advantages and disadvantages of each
  • The terms and conditions of Letter of Credits
  • The resolutions of Uniformed Customs & Practice
  1. COMMERCIAL AND TRADE DOCUMENT IN SHIPPING 
  • Supplier’s Quotation 
  • Pro forma Invoice 
  • Purchase Order 
  • Sales Confirmation Order
  • Commercial Invoice 
  • Packing and Weight List 
  • Shipper’s Export Declaration 
  • Export Shipping Instruction
  • Sales and Supply Contract
  1. THE PROPER APPLICATION OF INCOTERMS 
  • Purpose and Scope in 2010 rulings 
  • Important resolutions and provisions
  • Grouping of the E, F, C. D rulings
  • Contractual undertakings of Seller and Buyer 
  1. THE CONFLICTING ISSUES OF INCOTERMS AND SHIPPING 
  • The variation terms of Carrier and Shipper in Contracts 
  • The technical implication of executing Delivery Obligation 
  • The volatile application of Ports Points Place Premise 
  1. THE MAIN GROUPING OF THE 11 INCOTERMS RULINGS 
  • By sea and waterway transport versus other transport modes 
  • By all transport modes with cargo unloaded at arrival 
  • By all transport modes with cargo ready for unloading at arrival 
  1. THE COSTS AND RISKS LINES BETWEEN BUYER AND SELLER 
  • Managing the factors of compliance and control 
  • Managing the cost of goods and payment of price 
  • Managing the risks transfer and costs division

Organizer:

Stephen Kum Foong Sang

  • Time : 9:00 am - 5:00 pm (Asia/Kuala_Lumpur)

Registration Deadline Expired!!

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