Warehousing Agreement Template for Singapore

A Warehousing Agreement sets out the terms between a warehouse operator and a customer who needs to store goods. In Singapore, these contracts specify how the warehouse will handle, store, and protect inventory while following strict regulations under the Warehouse Regulation Act and Storage Services Guidelines.

The agreement covers crucial details like storage fees, insurance requirements, handling procedures, and damage liability. It protects both parties by clearly defining responsibilities, especially important given Singapore's role as a major logistics hub where businesses often need secure storage for goods in transit through the region.

Use a Warehousing Agreement when storing goods at a third-party facility in Singapore, especially for high-value inventory or temperature-sensitive products. This becomes essential when your business needs secure storage but lacks its own warehouse space, or when expanding operations require flexible storage solutions.

The agreement proves particularly valuable for businesses in retail, manufacturing, or import-export who need guaranteed storage conditions and clear liability terms. It's critical to have this in place before moving goods into storage, as Singapore's strict logistics regulations require documented compliance with safety standards and proper risk allocation between parties.

• Standard Storage Agreements: Basic contracts covering storage space rental and basic handling, commonly used by small businesses and retailers
• Full-Service Warehousing Agreements: Comprehensive contracts including value-added services like inventory management, order fulfillment, and distribution
• Bonded Warehouse Agreements: Specialized contracts for duty-free storage of imported goods, following Singapore Customs regulations
• Cold Storage Agreements: Modified contracts with specific temperature control requirements for food, pharmaceuticals, and perishables
• Cross-Dock Warehousing Agreements: Short-term agreements focused on rapid transit and minimal storage time

• Warehouse Operators: Licensed facilities providing storage services, responsible for maintaining safety standards and proper handling procedures
• Manufacturing Companies: Need secure storage for raw materials and finished products while managing supply chain operations
• Import-Export Businesses: Require reliable storage solutions when moving goods through Singapore's ports and logistics hubs
• Legal Counsel: Draft and review agreements to ensure compliance with Singapore's storage and logistics regulations
• Insurance Providers: Offer coverage for stored goods and verify warehouse compliance with safety requirements

• Storage Requirements: Document exact space needed, special handling needs, and temperature control specifications
• Service Details: List all required services like inventory tracking, security measures, and handling procedures
• Compliance Information: Gather warehouse licenses, safety certifications, and insurance documentation
• Pricing Structure: Determine storage rates, handling fees, and any additional service charges
• Operational Timeline: Define contract duration, notice periods, and operating hours
• Risk Management: Outline liability limits, damage procedures, and insurance requirements

• Party Details: Full legal names, addresses, and registration numbers of warehouse operator and customer
• Service Scope: Detailed description of storage space, handling services, and operational procedures
• Term and Termination: Contract duration, renewal options, and notice requirements for ending the agreement
• Liability Clauses: Clear allocation of risks, insurance requirements, and damage compensation terms
• Payment Terms: Storage rates, additional charges, payment schedules, and late payment consequences
• Compliance Standards: References to Singapore's Warehouse Regulation Act and relevant safety guidelines

A Warehousing Agreement differs significantly from an Agency Agreement, though both are common in Singapore's logistics sector. While a Warehousing Agreement focuses specifically on storage services and facility management, an Agency Agreement establishes a broader relationship where one party acts on behalf of another.

• Scope of Services: Warehousing Agreements deal exclusively with storage, handling, and related logistics services. Agency Agreements cover representation, marketing, and business development activities.
• Legal Authority: Agency Agreements grant power to act on behalf of the principal, while Warehousing Agreements create a service provider relationship without agency powers.
• Liability Structure: Warehouse operators are liable for proper storage and handling, while agents are responsible for faithful representation of the principal's interests.
• Duration and Flexibility: Warehousing Agreements typically have fixed terms tied to storage needs, whereas Agency Agreements often allow for ongoing representation with broader termination options.