| Effective | 29Apr1995 |
|---|---|
| Filed | 30Mar1995 |
| Filing Codes | I |
A) Freight charges must be prepaid, unless prior
arrangements have been concluded in accordance with the
following provisions:
1) Prepaid freight and Prepayment of freight:
When freight or charges are prepaid, Bill of Lading
must not be issued except upon payment of such freight
charges in U.S. dollars or in foreign currency based on
the highest(numerical) Telegraphic transfer Selling
Rate of Exchange (TTS) for U.S.Dollars pursuant to
Rule 3.
2) Collect Freight:
Collect freight and charges must be paid to the ocean
carrier prior to release of cargo at terminal ports of
discharge.
3) Freight charges must be paid to the carrier before
release of the cargo, unless prior arrangement to the
contrary has been made with the carrier.
4) Freight charges and all other charges must be prepaid
on shipments of:
a) Household Goods
b) Personal Effects
c) Privately Owned Motor Vehicles
d) Refused/Returned Shipments
5) In the event that the 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 awaiting
desposition of the cargo.
B) Ocean freight and other Tariff charges are due and
completely earned upon receipt of cargo by the Carrier,
ship and/or cargo lost or not lost.
C) Currency Clause:
Rates and Charges are quoted in United States of
America currency and have been determined with due
consideration to the relationship of U.S. currency to
other currencies involved. In the event of any
material change of this relationship, the Carrier
reserves the right upon publication if in conformity
with the provisions of the United States Shipping Act
of 1984, as amended, to adjust the rates and charges as
required to remove the adverse effects.
D) Freight and charges on collect shipments shall be paid
for prior to the delivery of the cargo.
E) Prepayment of freight monies and charges at
destination, must be made in full for the complete
original Bill of Lading quantity prior to the release of
any original ocean Bill of Lading by the Carrier to the
Shipper or his duly authorized licensed Freight
Forwarder or his Agent.