RULE: 7 - PAYMENT OF FREIGHT CHARGES Eff: 08AUG2011
| Effective | 08AUG2011 |
|---|---|
| Filed | 08AUG2011 |
| Filing Codes | I |
Freight charges, assessorial charges, surcharges or other
charges named in this Tariff including advanced charges shall
be prepaid at origin or destination, in cash or by certified check,
SBJ to the provisions named herein. However, regardless of the
party paying freight charges, the Shipper, his duly authorized
Freight Forwarder, the Consignee and the Beneficial Cargo Owner
shall be, and will remain, jointly and severally liable for any
and all unpaid charges and freight, including but not limited to,
any sums advanced or disbursed by the Carrier for the account of
the cargo.
a. All freight and additional charges named in this Tariff
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. Rates and charges named in this Tariff are quoted in
U.S. Currency 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 publication herein, to
adjust the rates and charges named in this Tariff 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.
c. When freight and other charges applying to shipments
imported to the United States are paid in foreign currency,
Carrier will accept such 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 official bank selling
rate of exchange as quoted on the official exchange for the
currency involved, on the day shipment is tendered to
originating Carrier.
