RULE: 7 - PAYMENT OF FREIGHT CHARGES Eff: 22Aug1998

Effective 22Aug1998
Filed 23Jul1998
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.

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