Freight Forwarder Agency Agreement Template for Singapore

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Key Requirements PROMPT example:

Freight Forwarder Agency Agreement

"I need a Freight Forwarder Agency Agreement for my Singapore-based manufacturing company to appoint an exclusive agent to handle our shipments to Southeast Asia, with specific performance metrics and quarterly review provisions, starting from March 2025."

What is a Freight Forwarder Agency Agreement?

The Freight Forwarder Agency Agreement is essential for businesses requiring professional freight forwarding services in Singapore and internationally. This document is particularly relevant given Singapore's position as a major global logistics hub and is structured to comply with Singapore's robust maritime and logistics regulatory framework. The agreement covers critical aspects such as service scope, liability limitations, insurance requirements, and customs compliance, while incorporating necessary provisions from the Carriage of Goods by Sea Act and other relevant Singapore legislation. It's designed to protect both principals and agents while ensuring smooth operational logistics.

What sections should be included in a Freight Forwarder Agency Agreement?

1. Parties: Identification of the Principal and the Freight Forwarding Agent with full legal details

2. Background: Context of the agreement and brief description of the parties' business relationship

3. Definitions: Key terms used throughout the agreement including industry-specific terminology

4. Appointment and Scope of Services: Details of agent appointment and specific freight forwarding services to be provided

5. Agent's Obligations: Core responsibilities and duties of the freight forwarding agent

6. Principal's Obligations: Responsibilities and duties of the principal

7. Compensation and Payment Terms: Fee structure, payment schedule, and related financial terms

8. Liability and Indemnification: Allocation of risks and responsibilities between parties

9. Term and Termination: Duration of agreement and conditions for termination

What sections are optional to include in a Freight Forwarder Agency Agreement?

1. Performance Metrics: Specific KPIs and service levels when detailed performance standards need to be measured and maintained

2. Territory Restrictions: Geographical limitations of the agency when agent's services are limited to specific regions

3. Exclusivity Provisions: Terms regarding exclusive rights when exclusive agency rights are being granted

4. Insurance Requirements: Specific insurance coverage requirements when detailed insurance provisions are needed beyond standard liability clauses

What schedules should be included in a Freight Forwarder Agency Agreement?

1. Schedule of Services: Detailed list of freight forwarding services to be provided

2. Fee Schedule: Detailed breakdown of all fees and charges

3. Operating Procedures: Standard operating procedures and workflows

4. Insurance Certificates: Copies of required insurance documentation

5. Service Level Agreement: Detailed performance metrics and service standards

6. Compliance Requirements: List of applicable regulations and compliance requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Industries

Carriage of Goods by Sea Act: Primary legislation governing the carriage of goods by sea in Singapore, establishing rules for bills of lading and carrier liability

Maritime and Port Authority of Singapore Act: Regulates maritime and port operations, including freight forwarding activities within Singapore's ports

Multimodal Transport Act: Governs the combination of different modes of transport in freight forwarding operations

Bills of Lading Act: Regulates the use and transfer of bills of lading in maritime transport

Contract Law (Application of Miscellaneous Provisions) Act: Provides general contract law principles applicable to freight forwarding agreements

UNCITRAL Convention: International convention on contracts for international carriage of goods, as ratified by Singapore

Hague-Visby Rules: International rules governing carrier liability in maritime transport, incorporated into Singapore law

Montreal Convention: International convention governing air freight regulations and liability

Singapore Customs Act: Regulates customs procedures and requirements for import/export operations

Regulation of Imports and Exports Act: Controls the import and export of goods in Singapore

Strategic Goods (Control) Act: Regulates the transport of strategic and controlled goods

Transportation of Dangerous Goods Regulations: Specific regulations governing the handling and transport of dangerous goods

Singapore Logistics Association Guidelines: Industry standards and best practices for logistics operations in Singapore

FIATA Standards: International standards set by the International Federation of Freight Forwarders Associations

Companies Act: General corporate law requirements affecting business operations

Consumer Protection (Fair Trading) Act: Ensures fair trading practices and consumer protection in service agreements

Personal Data Protection Act: Governs the collection, use, and disclosure of personal data in business operations

Competition Act: Ensures fair competition and prevents anti-competitive practices in the freight forwarding industry

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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