The Shipper Broker Contract is essential for businesses engaged in freight transportation within or through Singapore. This agreement establishes the legal framework for the relationship between shippers and brokers, detailing service expectations, liability limitations, and compliance with Singapore's strict maritime regulations. It's particularly important given Singapore's position as a major global shipping hub and its comprehensive legal framework for maritime commerce.
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1. Parties: Identification and details of the shipper and broker
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement including relevant legislation references
4. Scope of Services: Detailed description of broker's services and compliance with relevant regulations
5. Payment Terms: Fees, payment schedule, and payment methods
6. Obligations and Responsibilities: Duties of both parties including regulatory compliance requirements
7. Term and Termination: Duration and termination conditions of the agreement
8. Compliance with Laws: Specific provisions regarding compliance with Singapore shipping and customs regulations
9. Liability and Indemnification: Terms regarding liability limitations and indemnification obligations
10. Governing Law and Jurisdiction: Specification of Singapore law and jurisdiction
1. Insurance Requirements: Specific insurance coverage requirements for high-value or sensitive cargo
2. Force Majeure: Provisions for unforeseen circumstances affecting shipping operations
3. Exclusivity: Terms of exclusive arrangement between shipper and broker
4. Data Protection: Specific provisions for handling personal and commercial data under PDPA
5. Dangerous Goods: Special provisions for handling dangerous or regulated goods
1. Schedule A - Rate Card: Detailed pricing structure and fees for different services
2. Schedule B - Service Level Agreement: Performance metrics and service standards
3. Schedule C - Insurance Requirements: Detailed insurance requirements and certificates
4. Schedule D - Operating Procedures: Standard operating procedures and compliance requirements
5. Schedule E - Required Documentation: List of required shipping documents and customs forms
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