Singapore has established itself as a major maritime and aviation hub for the transportation of goods for distribution within the Asia-Pacific region. With external trade volume gathering momentum and increasing free trade, the Singapore economy is expected to do well in 2006. Against this backdrop of trade, the party who is often taken for granted is the ever-important freight forwarder. Working behind the scenes, freight forwarders (or logistic services providers as they are known nowadays), play an integral role of completing the trade process.
In the course of their work, logistic services providers offer a wide variety of services to their customers. These include warehousing services, multimodal transportation, managing the supply chain, dealing with port and customs authorities, shipping lines and sometimes contracting as the non-vessel owning carrier (“NVOC”). Due to their enlarged role in the fast moving world and the modern demand for a “one-stop” service solution, the logistic services provider is potentially exposed to a multitude of liabilities involving many forms of contracts and international conventions, and often towards cargo owners.
To kick off the start of another fruitful year, the Singapore Insurance Institute is organizing a one-day seminar entitled “The Pursuit and Defence of Transport Liability Claims”. Our distinguished speakers are established industry practitioners and they include Mr Thomas Sim, a logistics specialist and Managing Director of Starlink Group of Companies, transport claims specialists, Capt Robert Gordon and Mr Muthu Jagannath both of Seasia P & I Services Pte Ltd and Mr Paul Rodgers, a cargo recoveries expert from Dolphin Claims Services (S) Pte Ltd. The areas they will be addressing include the following:
The traditional and the modern roles of the logistic services provider
The liability exposures of the logistic services provider as agent and as principal
What part do standard trading conditions play in assisting the logistic services provider in defending claims?
What sort of insurance coverage does the logistic services provider require for their business?
What does a typical transport liability insurance cover?
Can freight forwarder avail themselves to the Hague-Visby defences?
What are the problems faced by recovery agents in pursuing subrogated cargo claims against freight forwarders?
Is it possible at all to break package or weight limitations?
What are the issues faced by freight forwarders and their claims handlers in defending claims against cargo interests?
Are there any common grounds between freight forwarder’s interest and cargo interest?
This is going to be an interesting and exciting forum whereby you will see the interplay between the 2 different and opposing sides – freight forwarders versus cargo – each with their own interest to pursue. This seminar seeks to address some industry issues and problems facing by both sides in dealing with cargo claims. Are there really no common grounds between these 2 sets of interests? Can the parties work together? Come and find out for yourself.
In addition to the presentations, the seminar will include interactive participation involving case scenarios. Participants will be divided into groups representing the different interests. At the end of the sessions, our panel of distinguished experts will be happy to answer and take on any burning questions and issues.
WHO SHOULD ATTEND?
Freight forwarders, logistic services providers, manufacturers and shippers, supply chain specialists, shipping companies, insurance companies underwriting and claims executives, insurance brokers, insurance agents, claim handlers, lawyers and legal consuls, loss adjusters and surveyors and anybody who deals with freight forwarders and with transport liability and cargo claims.
SEMINAR DETAILS:
Date: Friday, 24 February 2006 Time: 9.00 am to 5.30 pm Venue: M Hotel, 81 Anson Road, 10th Floor, Banquet Suite Seminar Fee: S$315 for SII members (GST included) Seminar Fee: S$399 for non SII members (GST included)
REGISTRATION:
For registration, please see attached Registration Form.
7 CPD hours will be awarded to participants who attend the full seminar.
Participants may apply for Financial Training Scheme (FTS). Applications must be received by the Financial Sector Development Fund (FSDF) Secretariat before the seminar commences. Please visithttp://www.mas.gov.sg for the Application Form.
Intending participants who are not current SII members may apply for Membership now to enjoy the members’ rate. Copy of the Membership Application Form is attached. If you have query on membership, please contact Jacqueline at Tel: 6224 3919 or email:Jacqueline@sii.org.sg (email effective from 9 January 2006) for assistance.
