About this Course

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

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