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INCOTERMS: Rules, Negotiations & Risk Management

Gain In-depth examination in to the origin, history of INCOTERMS, latest provisions and specific issues such as the delivery and passing of risks, the interlocking nature of the obligations, the impacts on transport & financing documents, common misconceptions, and practical guide to negotiating contracts.

INCOTERMS: Rules, Negotiations & Risk Management Training

About the Course

Essential and widely recognised in the world of shipping and transportation, Incoterms® rules define specific responsibilities and obligations of sellers and buyers in the sale and shipment of goods. Such obligations range from documentation, insurance, payment to customs clearance and other logistical activities including packaging & labelling, certificate of origin.

Who Will Benefit

  • Anyone engaged in the international sale and transportation of goods including international and domestic transport providers
  • Logistics, Supply Chain, Finance personnel
  • Legal counsels, contract manager, claims and insurance professionals Import/Export houses
  • Commercial, marketing managers and business development executives dealing with sale and contracts of sale, transport and insurance

Key Learning Objectives

  • Overview of Incoterms, history, and the differences between editions
  • The legal effect of Incoterms® 2020; what is and is not covered
  • Rules for different modes of transport, including multimodal, sea and inland waterway transport
  • Delivery and the passing of risk on contracts of transport and insurance
  • Selecting the right terms for different kind of cargo (i.e. bulk cargoes, containers,breakbulk)

Run this course in-house

Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement.

Bespoke training designed for your organisation only, combining traditional classroom setting, blended and online learning models

LEARN MORE ABOUT THIS TRAINING COURSE

Delivered by Professor Martin Davies

Professor Martin Davies is the Director of the Maritime Law Center in Tulane University Law School, USA, Consultant to Norton Rose Fulbright, an international law firm. He has over 20 years of practical experience as a consultant in maritime matters and general international litigation and arbitration.

Run this course in-house

Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement.

Chartering and Fleet Operations Manager

Wellard Ships Pte Ltd

“The course director was very well prepared. The programme offered not just a comprehensive set of different countries’ laws but more importantly the examples. Case studies are well updated.”