Shipping Process & Documentations

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INTRODUCTION

Knowledge in shipping i.e. import and export process and documentations is an crucial part of the supply chain process. In import and export activities, there are various kind of documentations involved.

During importations, you may require to adhere to various kinds of procedures such as import permit, product certifications, inspection report, pharmaceutical approvals whereas for export, you may require up to found kinds of contract like, sales agreement, contract of carriage, contract of finance and contract of cargo insurance.

The shipper or importer is also required to comply to requirements of the consignee’s or exporters country. These requirements changes frequently and very often irregular documents creates confusion and resulting to delay of customs clearance and delivery of goods.

Incoterms are the key rules of shipping in determining how costs and risks are allocated to the parties and can reduce conflict among traders, therefore minimise trade disputes and litigation.

COURSE OBJECTIVES

Upon completion of this program, participants will be able to:
  • Understand the import and export proceedings and documentations
  • Getting to know various steps on import and export documentation flows
  • Gain an indepth on various international trade terms
  • Develop knowledge to evaluate international trade terms
  • Understand some terms in relations to cargo insurance, coverage and claims
TARGET AUDIENCE

This program is designed for those who are involved in shipping activities (import and export documentations, shipment booking), purchasing and sourcing, sales or order administration, sales and marketing, finance.

PROGRAM OUTLINE

What is shipping?
- Shipping definition
- Definition of import
- Definition of export
- Mode of shipping
- What governs the mode of shipping?

Shipping Documentations
- Purpose
- Types of documents
- Transport documents
- Commercial documents
- Certificate of origin
- Other certificates
- Import/export permits
- Insurance certificate

Customs Declarations
- Customs documentations
- Customs forms
- Types of customs forms
- How movement of goods are declared?
- Documents accompanying customs declartion
Understanding INCOTERMS 2010
- Origins of INCOTERMS
- Purpose of INCOTERMS
- What is in INCOTERMS 2010
- Where your INCOTERMS should apply?
- INCOTERMS 2010 – any transportation mode
- INCOTERMS 2010 – sea and inland waterway transport

Marine Cargo Insurance
- What is marine cargo insurance?
- What are the coverage?
- Institute Cargo Clauses (ICC)
- Filing a Claim – Documents required

Letters of Credit (LC)
- LC defined
- Types of credits
- Roles of banks
- Parties to the transaction
- Basic documentary credit procedure
- Crucial demands in the credit
- Examining the LC

DURATION

2 Days (9.00 am – 5.00 pm)

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