The Shipping Contract Agreement is a fundamental document in maritime commerce, essential for businesses engaged in the transportation of goods by sea. Under Singapore jurisdiction, this contract type provides a comprehensive framework aligned with international maritime conventions and local legislation, including the Carriage of Goods by Sea Act. It defines crucial elements such as delivery terms, liability allocation, insurance requirements, and payment structures, while ensuring compliance with Singapore's robust maritime regulatory framework.
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1. Parties: Identification of shipper, carrier, and any other relevant parties
2. Background: Context of the shipping arrangement and relationship between parties
3. Definitions: Key terms used throughout the agreement including shipping-specific terminology
4. Scope of Services: Detailed description of shipping services to be provided
5. Payment Terms: Freight charges, payment schedule, and related financial terms
6. Delivery Terms: Including delivery timeline, locations, and conditions
7. Liability and Insurance: Risk allocation and insurance requirements
8. Force Majeure: Circumstances excusing performance
9. Governing Law: Specification of Singapore law and jurisdiction
1. Customs Clearance: Terms relating to international shipping and customs requirements - use for cross-border shipments
2. Special Handling Requirements: Specific handling instructions for cargo - use for dangerous, perishable, or sensitive goods
3. Subcontracting: Terms for using third-party services - include when carrier may need to delegate services
4. Environmental Compliance: Environmental protection measures - include for hazardous materials or environmentally sensitive cargo
1. Schedule of Rates: Detailed pricing structure and additional charges
2. Service Level Agreement: Performance metrics and service standards
3. Insurance Certificates: Copies of required insurance documentation
4. Route Schedule: Detailed shipping routes and estimated timelines
5. Cargo Specifications: Technical details of cargo to be shipped
6. Health and Safety Procedures: Safety protocols for handling specific cargo types
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