in exclusive collaboration with the International Ship Suppliers & Services Association (ISSA)

Incoterms is an abbreviation of the phrase “International Commercial Terms'. It is a term trademarked by the International Chamber of Commerce, and refer to the terms of sale in a contract. An Incoterm describes and defines a transaction between two parties, usually the party exporting goods and the party importing them.

When an INCO term is used the parties automatically agree on who is responsible on various costs, tasks, processes such as delivery, transportation, documentations and formalities, as well as insurance. They cover all the ways in which the different parties share obligations and responsibilities.

Participants will gain insights into the latest Incoterms 2020 rules and prior versions rules, learn how to select the most suitable terms for their transactions, and acquire practical knowledge for successful implementation.

The seminar has been meticulously crafted by our dedicated WMA Education Team, working collaboratively to bring you a comprehensive and cohesive learning experience. To ensure consistency and a unified approach, we have opted for a singular voice throughout the seminar. The voice of the WMA Education Team will be guiding you through the seminar with the assistance of advanced voice synthesis technology. This cutting-edge approach allows us to provide you with a seamlessly delivered and clear presentation.

The self-assessment process is not compulsory and is designed to maximize your learning experience and help you track your progress throughout the seminar. Here's how it works:

Before the Seminar: Initial Self-Assessment (optional)

You will start with a quiz questions to gauge your current knowledge and understanding of the topic. This step helps you identify your strengths and areas for improvement, giving you a clear baseline before diving into the seminar material.

After the Seminar: Post-Seminar Self-Assessment (optional)

Once you’ve attended the seminar, you’ll complete a comprehensive evaluation to consolidate and apply what you’ve learned. .

Why This Approach?

This structured self-assessment approach:

• Before the seminar: Helps you identify your starting point and focus your learning.
• After the seminar: Reinforces your understanding, highlights your progress, and gives you confidence in applying the knowledge to real-world contexts.