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overview
Key Learning Outcomes & Case Studies Include
- Understand the types of bill of lading and the commercial, technical and financial obligations of owners, other carriers and charterers
- Discuss carriers’ charter or liner obligations and know who is responsible for what
- Know the relevance of Hague / Hague-Visby / Hamburg / Rotterdam Rules and the advantages and disadvantages of each
- Appreciate the role of port agents and their vital functions and obligations
- Evaluate the implications of sub-contracting and involving more than one actual carrier – identify responsibility and liability
- Enforce bills of lading among the relevant parties involved and prevent fraudulent B/Ls
- Understand the problems with fraudulent bills of lading and phantom cargoes/ships
- Key issues with electronic bills of lading and e-Bills clause
About the Course
Bills of Lading are the most important documents in world trade, including shipping of every kind. Understanding the commercial and legal considerations are vital to successful shipping and transportation of cargoes. All players involved with Bills of Lading, including shipowners, charterers, brokers, agents, lawyers and bankers need to have a firm grasp of the complexities involved in careful use of these essential documents.
This workshop will provide a comprehensive knowledge of bills of lading. Participants will explore the issues and complexities of bills of lading and learn how they function, what purpose they serve and their implications for the shipping of company-specific goods. Various international regulations will be discussed, including Hague and HagueVisby Rules, Hamburg Rules, Rotterdam Rules, UCP 500 & 600 and ISBP as well as the issues with fraudulent Bills of Lading, key clauses and obligations in employing electronic Bills of Ladings.
Through a combination of theory, discussion, practical examples and exercises, gain a comprehensive understanding of the fundamentals involved in the careful creation and use of these crucial documents.
Who Will Benefit
- Shipowners
- Charterers including Importers, Exporters and Traders
- Ship Managers
- Port and ship agents
- Shipbrokers
- Freight forwarders
- Legal advisers
- Government bodies and representatives
pricing
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Register today for our Live Online Training courses and find out how they can help you transform the way you work. Contact one of our training consultants on sgtraining@informa.com to find out more.
Testimonials
“The trainer has great shipping & commercial background, the topic is highly relevant to my daily work”
GM, IMC Shipping Co Pte Ltd
“There is a lot of discussion among the participants. The trainer has a lot of knowledge and is generous to share”
Planner, Sumitomo Chemical Asia Pte Ltd
“It’s one of the most practical course for shipping industry”
Post Fixture Manager, IMC Shipping Co Pte Ltd
Agenda
DAY 1
INTRODUCTION TO BILLS OF LADING
- Commercial and legal functions of a B/L – as a receipt, document of title, transferable contract of carriage
- Common “labels” for B/L;
- Relationship between B/L and sale contract
SIMILAR DOCUMENTS
- Waybills
- Delivery Orders
- Mate’s Receipts
- Electronic Title
THE HAGUE, HAGUE-VISBY, HAMBURG AND ROTTERDAM RULES
- Overview and their application
- Rights and Obligations of parties
- Paramount clauses
DAY 2
ENFORCEMENT OF BILLS OF LADING – PRACTICAL CONCERNS
- Identifying the Contractual Carrier
- Identifying the party entitled to sue and be sued
- Identifying incorporated C/P terms
- Fraudulent B/Ls
COMMON CARRIAGE RESPONSIBILITIES UNDER BILLS OF LADING
- The “STARSIN” and “RAFAELA S”
- Letters of Indemnity
CASE STUDY 1
DAY 3
BILLS OF LADING – ISSUE AND CORRECTIONS
- Procedures for Issuing B/L
- Switched B/L
- Problems created by error in B/L
- Correction or Substitution of a B/L
LETTERS OF CREDIT
- UCP 500 v UCP 600
- INCOTERMS 2000 v 2010
THROUGH AND COMBINED TRANSPORT BILLS OF LADING
- Implications of sub-contracting and involving more than one actual carrier: whose responsibility and liability ?
- Himalaya clause
- Multimodal bills of lading – a comparison of through & combined transport bills of lading
- House bills of lading
DAY 4
THE PROBLEM WITH FORGERIES
- Types of situations
- Phantom ships and phantom cargoes
- Falsified contract period
- Cargo misdescription
- The roles of cargo buyer, seller and ship agent
- Cargo claimants’ rights and liabilities claims
ELECTRONIC BILLS OF LADING (EB/LS) AND EB/L CLAUSE
- The eB/L systems approved by international Group of P&I Clubs
- Additional exposures, obligations and liabilities undertaken by users
- BIMCO’s NYPE 2015 time charter clause
- Key steps to ensure confidentiality, data security
WHICH IS THE GOVERNING CONTRACT OF CARRIAGE?
- Liner Booking Note v Charter Party
- Effect of Charter Party terms on Bs/L
- Examples supplied by delegates for discussion
CASE STUDY 2
when & where
03 - 06 Apr 2023
Live Online Training
15 - 18 Aug 2023
Live Online Training
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Talk to us about an on-site/in-house & customised solution.
contact
Still have a question?
Sushil Kunwar
Training Consultant
+65 6989 6614
sgtraining@informa.com