Standard Trading Conditions

Provided by The Logistics Academy

Course introduction


To minimise the risk involved in business transactions, it is essential to understand and acquire the “how-to” skills to apply the Standard Trading Conditions (STC).

The STC was revised at the 30th Annual General Meeting of SLA held on 7 May 2004 to reflect changes in the logistics industry taking into consideration, several judgements upheld up the court in Singapore and incorporated suggestions, comments and feedback from member-companies. The specially designed course will enable participants to :

  • Examine the obligations of shippers/consignees
  • Understand the liabilities involved in undertaking special instructions involving goods and services
  • Identify the general indemnity and liability of company provided under the STC
  • Define the conditions under which the company is not liable to compensate claims
  • Distinguish the liability and indemnity conditions of the company acting as agent and as principal
  • Define the rules governing electronic data interchange

Curriculum Overview

Programme Structure


  • Definitions and Application
  • Obligations of Customer
  • Special Instructions, Goods and Services
  • General Indemnities
  • Charges
  • Liberties and Rights of the Company
  • Containers
  • General Liability
  • Amount of Compensation
  • General Average
  • Miscellaneous
  • Jurisdiction and Law
  • Company Acting as Agent
  • Company Acting as Principal
  • Air Carriage
  • Both to Blame Collision Clause
  • Rules Governing Electronic Data Interchange

Area of Studies

Designed For

All levels of staff to gain an overall perspective of the SLA STC and how they are applied.


A Certificate of Attendance will be awarded upon successful completion with 75% attendance.

Duration & Intake

Programme Duration


2 days (9 am to 6 pm), 16 hours

Fees & Funding

  SLA Member Company Non-Member Self-Sponsored
Course Fee $498 $598 $598
GST $34.86 $41.86 $41.86
Application Fee $32.10 $32.10 $32.10
Total Fee
(payable to TLA)
$564.96 $671.96 $671.96
PIC Grant 60%
(or available tax deductions/ allowances)
(or available tax deductions/ allowances)

Payment will only be required after the course is confirmed.
(The status of the course would usually be advised one (1) month before the course start date.)

Payment mode (retail payments facilities are not available) :
Overseas – Telegrahic transfer
Local – Cheque or bank transfer