Shipping and freight forwarding professional draft

Program Overview

This comprehensive program enhances skills in shipping, freight forwarding, and international trade. It covers key areas such as trade documentation, Incoterms, legal aspects, insurance, port operations, and digital technologies. Participants gain a solid understanding of global commerce and are equipped to excel in roles within the shipping, freight forwarding, and supply chain sectors.

Program Outline

Degree Overview:

• Overview: The training course in Shipping, Freight Forwarding and International Trade is designed to enhance the skills of officers, junior managers, and experienced executives without formal training.
It aims to address the growing demands of global trade and the increasing importance of efficient supply chains.
• Objectives:
• Understand the nuances of Global Trade via shipping
• Documentations required
• Governing laws and Insurance requirement
It covers various aspects of the shipping and freight forwarding industry, equipping participants with the necessary knowledge and skills to excel in this field.

Outline:

• Module 1: International Trade
• Trade & Marketing Environment (Domestic & Overseas)
• Entry into overseas Markets/Strategies for Development
• Dynamics of Protectionism & Trade Barriers
• International Economic Institutions – GATT – WTO, UNCTAD, IMF & - World Bank Groups
• Module 2: Shipping Documentation
• Ocean Bill of Lading (B/L), Airway Bill (AWB)
• Import and Export Documentation
• Commercial, Customs & Transportation Documentation
• Export-Import clearance of breakbulk & containerized cargo
• Shipping company & Port formalities
• Module 3: Inco Terms
• Introduction to INCO terms
• Four Groups of INCO terms: E, F, C & D - Risk management spectrum
• ICC & INCO terms - INCO terms & Carriage risk analysis
• Carrier liabilities - Insurance
• Buyer & Seller responsibilities
• Module 4: Documentary Credit & UCP 600
• Documentary Credits: What & Why?
• Settlement of International Trade transactions
• Settlement of International Payment instruments
• Clean payment vs Documentary collections
• Analysis of risks and uncertainties in payment
• UCP 600 and Documentary Credit undertaking of banks
• Analysis of costs borne by seller and buyer
• Module 5: Shipping Law & Marine Insurance (Shipping Law)
• Law of the Sea & Ships
• Law of the carriage of Goods by Sea
• Adoption & Enactment of International Law in Shipping (UNCLOS)
• Contract of affreightment – Bill of Ladings & Charter Parties
• Risks, Responsibilities and Immunities of the Carrier under the Law
• Rights & Privileges of the Charterer / Shipper
• Hague-Visibly Rules & Hamburg Rules (Marine Insurance)
• Aim, Objectives, Policy Types & Coverage
• Insurable Interests & Warranties
• Insurance of Hull & Machinery & Cargo
• General Average – Particular Average, Total Loss - Settlement of Marine claims
• Lawful marine adventure & Abandonment
• Module 6: Containerization, Port Operations, Shipping & Logistics
• Economics of Containerization
• Types of Containers - Numbering and identification of containers
• Container operators – MLO vs NVOCC
• Cargo handling at the Port & Port Other Logistics Providers & Multi-Modal Operators
• Liner & Chartered Shipments – Comparative economics
• VLCCs and Bulk Carriers – Operation & Logistics
• Module 7: SHIP - Shore Interface, Electronic Commerce & EDI - Basic concepts related to Handling and Shipment
• Dry-bulk Cargo, Containers, Tankers, Large Bulk Carriers
• Dangerous Goo cautions - Common Shipping Terminologies
• Electronic Bills of Lading & Functional Equivalence
• Electronic Data Interchange (EDI) – Swift
• The UNCITRAL Model Law on Legal aspects of EDI
• Electronic Data Messages – Legal Recognition
• Document of Title and Negotiability
• International Chamber of Commerce (ICC) – Bills of Lading

Teaching:

• Methods: The course uses a variety of interactive training methods such as case studies, team exercises, individual exercises, and questionnaires.

Careers:

• Potential Career Paths: The program prepares participants for various roles in the shipping and freight forwarding industry, including:
• Shipping and Freight Forwarding Professionals
• Logistics Managers
• Supply Chain Analysts
• International Trade Specialists
• Customs Brokers
• Marine Insurance Professionals
• Opportunities: The demand for skilled professionals in the shipping and logistics sector is high, offering excellent career opportunities both domestically and internationally.
• Outcomes: Upon completion of the program, participants will be equipped with the knowledge and skills to:
• Understand the complexities of international trade and shipping
• Manage shipping documentation and processes effectively
• Navigate Incoterms and documentary credits
• Apply shipping law and marine insurance principles
• Optimize containerization and port operations
• Utilize electronic commerce and EDI for efficient shipping