Fundamentals of The Ocean Bill of Lading

Duration: 2 days

Program Outline

The Bill of Lading is the single most important document in international trade. Knowledge and understanding of this transport document is a matter of basic necessity for everyone working in the shipping, forwarding & logistics sector as well as those involved in international trade.

The implications and consequences of mishandling a B/L could be far reaching and could potentially be both costly and damaging.

This one-day workshop will equip shipping practitioners and executives with a working knowledge and practicalities of this important legal commercial document without the usual boredom associated with the study of legalities.

The workshop will deal with day to day practical b/l issues faced by those handling this document.

Benefits

After attending this program, you will be able to...

  • Obtain an insight on the essence of the bill of lading, its functions and implications of key clauses.
  • Develop an understanding on some of most critical commercial, operational and legal aspects of this transport document.
  • Review short case studies involving B/L practicalities and help them relate & connect what they learn with what they do in their daily job.
  • Clarify any doubts, uncertainties & ambiguities.

Workshop Contents

  • The flow of goods & bill of lading in international trade
  • The 3 Functions of the B/L
  • Types of B/L
  • Parts of a B/L and their significance
  • Key Clauses & what they mean
  • Lien
  • General Average
  • International Conventions covering carriage of goods by sea including Hague Visby Rules
  • Bill of Lading Frauds
  • Situational Case Studies involving practicalities of the B/L
  • Questions About The Bills of Lading which you were afraid to ask

Methodology

We use competency based learning models and deploy a myriad of accelerated adult learning methods in our delivery including:

  • Group discussions
  • Skill-drills
  • Internalization exercises
  • Experiential games
  • Video Role Plays
  • Case studies drawn from the learners business context
  • Team-based application projects

We enable the participants to be totally immersed in the program and learn from the inside-out.

By the end of the intervention, the participants would be willing, able and ready for a change in thinking, feeling and actions.

About The Trainer: Yim Choong Chow

Experience:
  • 40 years corporate experience in Asia & Europe
  • Last position: Managing Director of International Shipping Co in Singapore with annual turnover of US$500 milion
  • Training, facilitating, coaching & consulting since 2001
Professional Qualifications
  • Certified Performance Coach
  • Official Certified Partner - The Predictive Index
  • ACE of Sales
  • HRDF Approved Trainer
  • Consultant – Singapore National Productivity Board
  • Author of seven (7) books