Trading Excellence: Becoming the Maestro of Trade Finance for Shipping

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Location

Sheraton Towers Singapore

39 Scotts Road

Singapore, 228230

Singapore

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Refund Policy

Refund Policy

No Refunds

Sales Have Ended

Registrations are closed
Thank you for your registration. Our sales will be in touch with you within the next working day to finalize your registration. Please note that the amount payable is not inclusive of any applicable taxes. If tax payment is required, a separate invoice will be generated upon confirmation of your registration.
Event description
Organized by M.I.C.E Global Pte Ltd

About this Event

COURSE OVERVIEW

This is an intensive 2-day primer on International Trade Finance. This course has been tailored for professionals in shipping and maritime companies who need to gain a closer understanding of all aspects of the financing of international trade. Just as the shipping industry is vital to the facilitation of international trade by ensuring that goods and commodities are transported in the most effective and safe manner and are delivered at the right place and at the right time, the financial aspects of the transaction are equally important.

Trade finance ensures that the other vital aspect of international trade, the payment, is made in strict accordance with the sellers’ and the buyers’ wishes and contractual obligations. Through its various mechanisms and international conventions, trade finance offers protections and certainties to sellers, exporters, purchasers and importers that the ordered goods will be delivered, and that the contracted price will be paid. Additionally, trade finance offers a range of financial tools that solves or alleviates the perpetual trade problem of insufficient working capital.

KEY BENEFITS OF ATTENDING

  • Learn of the key role that specific shipping documents play in ensuring payment
  • Understand different types of payment mechanisms, such as Letters of Credit, Documentary Collections, Open Account; how they operate and the risks that each carry
  • Learn about the role of the financial industry as the key element in ensuring DvP (Delivery versus Payment) in international trade finance transactions
  • Gain insights into the role of the ICC (International Chamber of Commerce) and international conventions in facilitating the smooth flow of goods versus payments
  • Attain a knowledge of the different trade payment instruments and their processes
  • Learn about relationships between buyers/importers and sellers/exporters and the financial services industry to ensure seam less secure transactions in international trade
  • Understand how traditional techniques of pre- and post-shipment finance relate to financing forms such as forfaiting, countertrade, structured finance, Islamic finance, securitization etc.
  • Be aware of how the international monetary system operates
  • Understand the role of financial institutions of serving as trusted third-party intermediaries in protecting the interests of both parties
  • Develop core competencies and learn the industry best practices
  • Understand what Supply Chain Finance is and how it works

WHO SHOULD ATTEND

This course will be of special interest to shipping and maritime professionals who wish to expand their knowledge base enhance their expertise to include a better understanding of the international trade finance arena:

  • Shipping executives and management
  • Freight company executives and management
  • Shipping and freight company financial executives and management
  • Shipping and freight company staff from front/middle/back offices
  • Commercial and corporate bankers dealing with importers/ exporters manufacturers/ distributors in the international arena
  • Trade finance supervisors and managers
  • Trading / commodity company managers, senior and operations staff
  • Risk managers and risk management officers
  • Trading company, multinational corporate & treasury staff
  • Internal & External Auditors

All sales options in EventBrite will be suspended with immediate effect. Please contact us at serene.l@miceglobal.com.sg for registration.

WORKSHOP FEE

SGD 3,195 per delegate

SGD 2,995 per delegate if 2 or more delegates sign up

* MCF Training Grant is available for eligible participants. Please refer to www.mpa.gov.sg/mcf for information.

Limited seat available.

For more information, please email to serene.l@miceglobal.com.sg and quote EB353.

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Date and Time

Location

Sheraton Towers Singapore

39 Scotts Road

Singapore, 228230

Singapore

View Map

Refund Policy

No Refunds

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