GPF Executive Workshop on Global Maritime and Shipping Risks – Threats & Mitigations.
GPF Executive Workshop on Global Maritime and Shipping Risks – Threats & Mitigations.
Dear industry colleagues
Objectives:
To identify and address problems and risks in shipping. Participants will learn from case-studies how to mitigate risks in relation to shipping
Course Contents
Introduction
Overview in International treaties and conventions
Sea, Air, Rail and Road
Carrier’s liability –
Money limit to liability claim
Responsibility – Perils of Sea
Immunities – Force majeure, defects in goods, shipper’s liability
Charter parties – key charterers’ risks
Distinction between Bill of Lading and Charter Party
Charterer’s direct liability to third parties
Indemnification of owners
Managing Risks
Charter Fraud
Freight forwarders
- Liabilities
- Liability Insurance
Types of Bills of Lading
Appropriate Incoterm to containerized and multimodal transport
FCL, LCL, Container freight
Non-Negotiable Sea Waybills/Straight B/L APL v Voss Peer
Transhipment bills of lading – Risk Hansson v. Hamel and Horley Ltd
Surrender Bill of Lading
Switched Bill of Lading – Risk Banque Nationale de Paris v Bandung Shipping
Express Ocean Bill of Lading
Pre-dated B/L – Kwei Tek Chao v. British Traders & Shippers Ltd
Electronic B/L – Glencore International AG v. MSC Mediterranean Shipping Company SA
Letters of Indemnity and Shipping Guarantee
Letters of Indemnity and Shipping Guarantee
- Implications of issuing LOI by supplier when LC does not state LOI release
- Effects of LOI – under contract of carriage – Houda Case
- Consignor’s right of suit for delivery without B/L – The He Tian Case law
- Implications of having LOI in the terms of the LC.
- Letter of indemnity at delivery / Trader’s LOI required
- Bankers risk in paying – Trafigura Beheer BV vs. Kookmin Bank Co
- Risks to be assessed when issuing an LOI
- Steps taken to minimise risks
- Issuing shipping Guarantee to LC issuing banks. The procedure and its implications.
- Issuing bank as holder of the B/L
- Legal issues – Case study of Asian Jurisdictions
- Guarantee period
- Warehouse Receipts
- Risk
- Legal Risk management
- Case – Mercuria v Citibank 2015
- Forwarder’s Receipt
- Understanding Risk of FCR
- Managing Risk
Other documentation and Cargo Insurance
Air transport –
Crucial costs
Air Transport and Incoterms
Freight Forwarders/Consolidators
Liability of air carriers
Damage to cargo – Siemens Ltd v. Schenker International (Australia) Pty Ltd & Another
Warsaw Convention Provisions
Road and rail transport
Road haulage
Carnet System
Cargo Insurance
Cargo Shortage Problem
“Package” Limitation
Cargo shortage from seal-intact containers
To insure or not to insure
“Increase in Value Clause”
- Cargo Shipping Frauds to avoid
- Forged Bill of Lading
- Fake Cargo Sale
- Trojan Container
Duration: 2 days (9.00 am – 5.00 pm)
TEACHING Methodology
Lectures, case studies and Q & A
About the Course Director
Olivia Chan has more than 25 years of experience in stand-up lecturing and training for foreign universities, training institutes and banks in area of finance.
She was awarded Fellow (the highest grade of membership) by Chartered Institute of Bankers’ Council (UK) giving recognition to status in banking profession and commemorating contribution to the important area of banking education.
She have designed, developed and evaluated training programs for specialized finance courses to management and personnel from different sectors of industries: banks, government departments, public listed and private companies and trained more than 10,000 participants in various programs.
Costs:
On or One month before : The ‘Early Bird’ Rate is USD3095 – Save USD400!
Special Offer! – 3 Delegates For The Price of 2 in This Category! Save USD3095!
The Regular Rate is USD3495
Special Offer! – 3 Delegates For The Price of 2 in This Category! Save USD3495!
Note: All fees stated include luncheons, refreshments and complete set of documentation. It does not include the cost of accommodation and travel.
REGISTER NOW!
To register, please submit the following details to thomasng@globalportsforum.com:
Name:
Position:
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What Best Describes Your Industry Sector?:
Billing information:
For cheque payments: To be made payable to ‘Global Ports Forum Pte. Ltd.’ Please do not send post-dated cheque.
For telegraphic transfers:
Account Name: Global Ports Forum Pte. Ltd.,
Account No. : 695 477 141 001.
Beneficiary Bank: Oversea-Chinese Banking Corporation Limited, Singapore. (Swift: OCBCSGSG),
Address : 65 Chulia Street #01-00, OCBC Centre, Singapore 049513.
Please supply confirmation via email of the TT from your bank. Transmitting bank charges must be paid by sender. Please quote both delegate and company name as reference.
Kindly note that as we are providing a special rate for ‘early bird’ sign up, we will need to receive your company payment by one month before to enjoy the discount.
We forward to welcoming you at the executive workshops/forums!
Kind regards
Thomas Ng
Chairman
The Global Ports Forum
GLOBAL PORTS FORUM PTE. LTD.
10 Anson Road
#27-15
International Plaza
Singapore 079903
Website: www.globalportsforum.com/
Mobile: +65 9684 3289
DID: +65 65197662
Fax: +65 6725 8438
Email: thomasng@globalportsforum.com
Terms & Conditions:
No delegate registration will be accepted without completing registration details and full payment.
Upon receipt of your registration details and full payment, further programme information will be emailed to you including your proforma invoice and, if required, a letter of invitation for entry visa application.
Delegates will not be admitted unless payment has been received in Full.
Flights, Airport Transfers and Accommodation are not included in your delegate registration fee.
Refund Policy – a reimbursement of the registration fee, minus administrative charges will only be made if the participant has notified Global Ports Forum Pte. Ltd. in writing that he/she is unable to attend the event no less than 45 days prior to the commencement of the event. No cancellation is allowed after that, but a replacement with another participant is allowed.
This programme is subject to change without notice, E&O.E