www.bifa.org


News Desk Oud elected to BIFA Board Who is


Susanne Oud (pictured) was elected to the Board of Directors at the BIFA AGM held on 22 May in London. She replaces Roy Baker who has stepped down. Susanne is operations director


EMEA-verticals at BIFA member company OIA Global, and is based at the company’s head office in London. Born in Perth, Australia, she


learned the trade through positions with an exporter, a shipping line and a freight forwarder, before establishing project forwarder and vessel agent Westlink Shipping. She emigrated from Australia to


the UK in 1998 and joined Bellville Rodair, which she helped to build


into an international company with 168 staff, and 21 offices on four


continents, before it was acquired by OIA Global in 2013.


Factoring companies, the BIFA STC and liens The advice to the forwarder was to refuse to sign the


A question we are asked from time to time is whether there is a danger to the incorporation of the BIFA STC when the customer uses a factoring company for invoice financing. The short answer is no. However, it is important that all staff are aware that


they should not waive the right to take a lien, which is something they can be asked to do by their customer on instructions from the factoring company. We know of a BIFA Member that was asked by one


of its customers to sign and return a ‘no lien waiver’ document drafted by a factoring company it was using. The proposed agreement was for the forwarder not to withhold delivery, that is not to exercise a lien. The customer stated that it had asked all its carriers to sign the document and others had already done so.


document. The factoring arrangement was under a contract


between the customer and the finance company and should not concern the freight forwarder, so the need for exercising a lien – always a last resort – should never arise, but there is no reason why the forwarder should waive that right. Our Member did comment that some carriers might


sign the form without understanding the implications and also not wanting to upset their customer. In the event that it does become necessary for the


forwarder to raise a lien, the article on pages 10-11 of this issue of BIFAlink gives guidance on ‘providing written notice to a customer concerning a lien’.


BIFAlink


joining BIFA? New member applications are published monthly and listed on the BIFA website, www.bifa.org. You can find details of new member applications by selecting the tab MEMBERSHIP, where you will see a separate page titled MEMBERSHIP APPLICATIONS. If you wish to bring any


information to our attention regarding any application, an e-mail should be sent to Robert Windsor (r.windsor@bifa.org). BIFA has a Membership Group that can evaluate any applications, where such information has been submitted. We also list on the website those companies that have ceased membership. If you sign up for the BIFA


e-newsletter, it will make checking who has applied for membership really easy. It is sent to subscribers every two weeks and there will be a prompt enabling a one-click link to the appropriate page on the BIFA website. You can register to receive the


BIFA e-newsletter by a simple sign-up process on the front page at www.bifa.org. You can tailor the type of news that we feed to you. If you have any questions


concerning the website our resident expert, Spencer Stevenson (s.stevenson@bifa.org), will be pleased to help you.


By sea – Hague Visby rules (2 SDR): £2.12 per kg £707.10 per package


By road – CMR (8.33 SDR): £8.84 per kg


By air –Montreal Convention (19 SDR): £20.15 per kg


July 2018


By air –Warsaw Convention (17 SDR): £18.03 per kg


BIFA STC: (2 SDR): £2.12 per kg


(The SDR rate on 12 June 2018, according to the IMF website, was 1.06065)


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