RULE: 7 - PAYMENT OF FREIGHT CHARGES Eff: 01SEP2003
| Effective | 01SEP2003 |
|---|---|
| Filed | 01SEP2003 |
| Filing Codes | I |
Freight charges, assessorial charges, surcharges or other
charges named in this Tariff Section, including advanced
charges MUST be prepaid (unless prior arrangements to accept
collect payment have been concluded SBJ to the provisions
of paragraph c. - see NOTE 1) at origin or destination,
SBJ to the provisions named herein. However, regardless
of whether B/L payment status is prepaid or collect, the
Shipper, his duly authorized Freight Forwarder, the
Consignee and the Beneficial Cargo Owner shall be, and
will remain, jointly and severally liable for all unpaid
charges and freight, including but not limited to, any
sums advanced or disbursed by the Carrier for the account
of the cargo.
NOTE 1: Shipments of the following commodities MUST always
be PREPAID in all instances: Household Goods; Personal
Effects; Privately Owned Automobiles; Refused/Returned
Shipments
a. All freight and additional charges named in this Tariff
Section, are due and considered earned upon receipt of
the cargo by the originating Carrier, or his agent, and
shall be paid to the Carrier without discount or
deduction, whether the ship and/or cargo is lost or not
lost, transportation is interrupted or abandoned, whether
the cargo is damaged or ruined, or whether packages or
containers are delivered empty or partly empty at
destination.
b. PREPAID FREIGHT And PREPAYMENT OF FREIGHT -
When freight or other charges are prepaid, B/L will not
be provided except upon actual payment of such freight
or charges in U.S. Dollars or in foreign currency (SBJ to
paragraph d. below). Prepayment of freight or charges
at destination MUST be made in full for the complete
original B/L quantity prior to the release of any
original ocean B/L by the Carrier to the Shipper or his
duly authorized licensed Freight Forwarder or his agent.
c. COLLECT FREIGHT -
1. When freight or other charges are collect, all collect
freight and charges MUST be paid to the ocean Carrier
prior to release or delivery of cargo at discharge
terminal or destination.
2. In the event Consignee or his agent refuses to pay
freight and other charges, and merchandise remains
undeliverable thereby, Shipper guarantees and remains
liable for full payment of freight and other charges,
together with any expense incurred while Carrier awaits
instructions for the disposition of cargo.
d. Rates and charges named in this Tariff Section are
quoted in U.S. Currency except as specifically noted in
inidividual TLIs and have been determined with due
consideration to the relationship of U.S Currency to
the other currencies involved, In the event of any
material deterioration in the exchange value of U.S.
Currency, Carrier reserves the right, upon lawful
publication, to adjust the rates and charges named in
this Tariff Section to remove any adverse effect in
conformity with the U.S. Shipping Act of 1984, as
amended, and the regulations of the Federal Maritime
Commission issued pursuant thereto.
e. When freight and other charges named in this Tariff
Section, are collected in foreign countries, Carrier will
accept payment in a foreign currency provided it is
freely convertible. When payment is effected in other
than U.S. Currency, currency conversion shall be
calculated on the basis of the highest (numerical)
Telegraphic Transfer Selling Rate of Exchange (TTS) in
effect on the day the shipment is tendered to
originating Carrier.
f. The payment status of a B/L may NOT be changed once
transportation service of cargo has commenced (i.e.
"prepaid" shipments cannot be changed to "collect"
shipments and likewise "collect" shipments cannot be
changed to "prepaid" shipments) without the express
approval of the Carrier.
g. All Freight charges MUST be paid to the Carrier before
release of the cargo, unless prior arrangements to the
contrary have been made with the Carrier.
