COURSE OBJECTIVES
By the end of the interactive session, the learning curve achieve will enable the following:-
- UNDERSTAND the parties involved in shipping operation and its relation to one and another
- UNDERSTAND the rule of delivery and risk transfer in shipping operation
- UNDERSTAND the responsibility and liability of all the parties in a shipping operation
- UNDERSTAND the key documents required for shipping operation
- UNDERSTAND the difference type of bill of lading and the type of bill of lading issue out for the different payment or contract made between buyer and seller
- UNDERSTAND the incentives available to importer and exporter in Malaysia for efficient international trade
- UNDERSTAND packaging best practices and clause in contract to protect a buyer interest
- UNDERSTAND the different category of cargoes in shipping
- UNDERSTAND the process of shipping for import and export
- UNDERSTAND the different method use to calculate import duties and sales tax
- UNDERSTAND the type of payment system in shipping operation
TRAINING DURATION
- 2 day program
- 9am to 5pm
METHODOLOGY
This training will involve the following area to enhance learning:
- Power point presentation
- Quiz session for every module completed
- Discussion on subject of learning
- Facilitating by trainer to enhance understanding of subject matter
- Notes will be provided
- Pre test and Post test will be given to participants to gauge learning before and after training
PARTICIPANTS GROUP
- This training program is highly recommended for employees in purchasing, sales and marketing and logistics and other operational areas.
COURSE CONTENT
Module 1 – Parties in Shipping Operation, responsibility and liability
- Parties in Shipping Operation
- Buyer and seller responsibility
- Freight forwarder and carrier responsibility
- Exclusion issue
- Freight broker versus Freight Forwarder
- NVOCC versus Ocean Carrier
- Chartered shipping operation
- Quiz session
Module 2 – Type of Cargoes in Shipping
- FCL versus LCL cargo and documentation difference
- Type of box containers for ocean and air freight
- Flat rack container
- Bulk Cargo versus Neo Bulk and Break Bulk cargo
- RORO operation versus LOLO operation
- Quiz session
Module 3 – Bill of lading, Insurance and other documents in shipping
- NVOCC and Freight forwarder BL versus Carrier BL
- Different type of Bill of Lading
- Negotiable versus Non Negotiable Bill of Lading
- Bill of Lading issued for Letter of Credit
- Blank endorsed Bill of Lading
- Packing list and Invoice best practices and purpose
- Delivery note versus packing list
- Type of Custom document used in shipping
- Cargo insurance, the different type available
- Quiz session
Module 4 – Customs Role and Responsibility and Trade Incentives
- Customs role and responsibility
- Method of calculating import duties and sales tax
- Harmonized Tariff code
- MIDA trade incentives
- Free Trade Agreement purpose and rule of origin
- Temporary Export and Import scheme
- Quiz session
Module 5 – Rule of Delivery for Shipping Operation
- Understand Risk Transfer and Delivery point using Incoterms
- Title document
- Responsibility and liability of seller and buyer in the process of delivery
- Freight agent responsibility in ensuring proper delivery in shipping
- When Force Majeure apply in shipping operation
- Quiz session
Module 6 – Payment in International Trade and role of shipping parties
- Different types of Payment method in international trade
- Selection of Incoterms in shipping to secure payment
- Shipping company and Freight forwarder role in the payment process
- Quiz session
