Agency Seminar

 

One day, 8:30 am through 5:00 pm.

Each of the six sessions include about an hour presentation of materials and case studies and a 10 to 15 minute question and answer session.

For more information, complete this request form or call (201) 569-2882

Topic 1 – Contracts of Carriage

Objective – To develop a better understanding of how the agent’s services greatly facilitate the shipowner, charterer and cargo interests in fulfilling their obligations under a contract of carriage.

Method – review of the principal terms and conditions of various forms of contracts of carriage and a comparison of the responsibilities of shipowners, charterers and cargo interests under the various forms of contract.

Topic 2 – The Principal/Agency Relationship

Objective – to develop a better understanding of the principle/agency relationship and the role of the agent within the context of a charter party voyage (time and voyage).

Method – review of basic principles of a legal agency, the creation and destruction of an agency, nomination of agents, importance of communication, agents role to handle all aspects of the movement of the ship and case studies concerning a principal’s responsibility for the acts of an agent.

Topic 3 – The Statement of Facts

Objective – to develop a better understanding of the importance of this document and its relationship to the calculation of laytime, demurrage, and despatch as well as hire and off hire issues and tendering the Notice of Readiness.

Method – review of case studies showing how SOF entries (rain, light rain, etc.) were interpreted for purposes of determining the running and stoppage of laytime under standard laytime exceptions (such as weather working days, weather permitting, etc.), as well as case studies involving other SOF entries.

Topic 4 – The Bill of Lading

Objective – to develop an understanding of the role of the bill of lading (order and straight) and its three possible functions: a.) contract of carriage, b.) receipt for cargo, and c.) document of title.

Method – review of case studies demonstrating how  the bill of lading, whether issued by the shipowner, charterer and / or their agents on their behalf, is an integral part of international trade transactions and affects many parties including buyers, sellers, banks, insurers, and carriers.  Discussion of proper and improper bills of lading issued under a charter party.

Topic 5 – Bills of Lading – Special Considerations

Objective – to examine the practice and risks associated with discharging cargoes without presentation of bills of lading, switching bills of lading, and antedated bills of lading.

Method – Examine case studies involving these practices, some studies concerning misdelivery or other claims brought by third parties against the principals and their agents.  There will also be a review of the role of the letter of indemnity.

Topic 6 – Ethics

Objective – to understand the importance of ethics in international trade.

Method – further examination of the ASBA Code of Ethics, ethical considerations overall and case studies regarding the same.

Comments are closed.