Objective

To minimise the risk involved in business transactions, it is essential to understand and acquire the "how-to" skills to apply the Standard Trading Conditions (STC).

The STC was revised at the 30th Annual General Meeting of SLA held on 7 May 2004 to reflect changes in the logistics industry taking into consideration, several judgements upheld up the court in Singapore and incorporated suggestions, comments and feedback from member-companies. The specially designed course will enable participants to :

• Examine the obligations of shippers/consignees
• Understand the liabilities involved in undertaking special instructions involving goods and services
• Identify the general indemnity and liability of company provided under the STC
• Define the conditions under which the company is not liable to compensate claims
• Distinguish the liability and indemnity conditions of the company acting as agent and as principal
• Define the rules governing electronic data interchange

Designed For

All levels of staff to gain an overall perspective of the SLA STC and how they are applied.

Coverage

• Definitions and Application
• Obligations of Customer
• Special Instructions, Goods and Services
• General Indemnities
• Charges
• Liberties and Rights of the Company
• Containers
• General Liability
• Amount of Compensation
• General Average
• Miscellaneous
• Jurisdiction and Law
• Company Acting as Agent
• Company  Acting as Principal 
• Air Carriage
• Both to Blame Collision Clause
• Rules Governing Electronic Data Interchange

Lecturer

Mr VCS  Vardan was called as a Barrister of England & Wales of Lincoln's Inn in 1982 and admitted as an Advocate & Solicitor of the Supreme Court in Singapore in 1984.  He practiced as an Advocate & Solicitor from 1984 to 1998.

He is currently a Consultant at VCS-Trinity Consultants, Singapore. He has conducted seminars and workshops in the Maldives, Mauritius, Dubai, Philippines, Vietnam, Hong Kong, Laos, Cambodia, Myanmar, Thailand, Malaysia and Singapore on areas like Contracts, Shipping, Supply Chain Management, Banking/Finance, and International Trade Facilitation. In-house seminar clients include the Bank of Maldives, Kuok Brothers, Sumitomo, Panasonic, Mitsui, ABB, Shell, and IRAS. Mr Vardan is also a Faculty Member of the Singapore Chinese Chamber of Commerce, Institute of Business (SCCIOB).

Duration

2 days (9am to 5.30 pm)
16 hours

Venue

SPRING Singapore or AEC College

Certification

A Certificate of Attendance will be awarded upon successful completion of the course.