Effective	01MAY2002
Filed	01MAY2002
Filing Codes	I

Except as otherwise provided, the following rules on the
payment of monies and charges shall apply:
      
A. For the purpose of this rule, the terms "Freight Monies"
   when used in this rule shall refer to commodity freight
   rates and all other charges and rates set forth in the
   commodity items or rules of this tariff.  However, the
   term "Freight Monies" shall exclude "Ocean Carrier's CY
   Receiving Charges and Ocean Carrier's CFS Receiving
   Charges" as set forth in tariff which shall be referred
   to as "Charges" or "Freight Charges".
    
B. The rates provided herein apply in United States Currency
   and all charges must be prepaid in United States Currency
   or its equivalent in freely convertible currency not
   later than the time of release of any original Bill of
   Lading by the Carrier to the shipper or his duly author-
   ized licensed freight forwarder or agent acting in his
   behalf, except those shippers or consignees to whom the
   Carrier has extended due bill privileges. When due bill
   privileges are granted, all charges must be paid within
   seven (7) days from date of billing.
    
   Collect shipments can be accepted only by prior agreement
   in which case the rate of exchange ruling the day of
   receipt of cargo by the Carrier, in accordance with Rule
   3, shall apply.
    
   Due bill privileges are extended after applicants agree
   the following conditions:
    
   1) Bill of Lading Receipts:
      Receipts for all bills of lading so issued shall be
      signed by the applicant, or on behalf of the applicant
      by the freight forwarder or other agent receiving
      them.
    
   2) Any Forwarder is Shipper's Agent for Payment:
      If the applicant engages or utilizes the service of a
      freight forwarder in connection with the payment of
      freight or charges to the Carrier, the applicant agree
      that such forwarder acts as the agent for such purpose
      and as the agent of the Carrier.
    
   3) Unconditional Promise to Pay and Guarantee of Freight
      Payment:  (Control No. 010246)
      The applicant will be absolutely and unconditionally
      liable to the Carrier for payment of all freight and
      charges due and guarantees that the Carrier will be
      paid by the applicant irrespective or whether or not
      funds for payment of such freight and charges have
      been advanced by the applicant to a freight forwarder
      or other agent.  If the applicant provides funds to a
      freight forwarder or other agent to pay the freight or
      charges due the Carrier, and such forwarder or agent
      converts such funds to its own use or for any other
      reason fails to pay them to the Carrier, the applicant
      shall remain absolutely and unconditionally liable to
      the Carrier upon the applicant's freight forwarder or
      other agent for the payment and charges.  In no even
      shall any demand by the Carrier of such freight and
      charges constitute a waiver or an estoppel of the
      Carrier's right to enforce these promises and
      guarantees against the applicant.
    
   4) Freight Due when specified in Tariff:
      All freight and charges shall be due as prescribed in
      the applicable tariff within the designated period
      after the sailing of the vessel from the respective
      port of loading.
    
   5) Suspension of Credit:
      Credit privileges hereunder shall be suspended for any
      failure to comply with the provisions of the
      applicable tariff.  The Agreement will be cancelled by
      any suspension of credit privileges for a period of
      sixty (60) consecutive days.
    
   6) Absolute Obligation to Collect Freight:
      We recognize that the Carrier has absolute obligation
      under Section 18(b)(3) of the Shipping Act, 1916, as
      amended, to collect and receive all freight and
      charges due under the pertinent tariff or tariffs.
    
   7) Remedies are Cumulative:
      The remedies available to the Carrier under the Agree-
      ment are cumulative and are in addition to every other
      remedy in law or equity.  The exercise of any remedy
      shall not be construed to be a waiver of the right to
      exercise at the same time or thereafter any other
      remedy.
   
   8) Effective Date:
      The Agreement shall become effective on the date of
      its receipt and execution by the Carrier to its Agent
      and shall continue in effect unless terminated sooner
      by written notice from either party to the other,
      provided however, that termination or expiration shall
      not extinguish any existing liabilities hereunder.
    
C. Full freight and charges to Port of Discharge as defined
   in Bill of Lading shall be considered earned and payable
   without refund in whole or in part upon receipt of the
   goods by the Carrier, vessel and/or cargo lost or not
   lost.
    
D. Except as otherwise provided in this Tariff, all rates
   and charges shown herein are to be collected in United
   States Currency in the United States not later than the
   time of receipt of cargo by Carrier; provided that
   Carrier may extend credit for fifteen (15) business days
   after the date of receipt of cargo, exclusive of
   Saturdays, Sundays and Legal Holidays.
    
E. Both Shipper and consignee of the goods or articles
   shipped, shall be liable, jointly and severally for all
   unpaid charges payable on account of a shipment pursuant
   to applicable tariffs including, but not confined to,
   sums advanced or disbursed by carrier on account of such
   shipment.

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