RULE: 12 - AD VALOREM PROVISIONS AND CHARGES Eff: 22APR2014

Effective 22APR2014
Filed 22APR2014
Filing Codes I

All shipments moving pursuant to and rated under the rules,
regulations, rates and charges named in this Tariff Section
are predicated on Carrier's liability NOT exceeding the
limits specified in the Carrier's regular B/L (see Rule 8)
and/or the provisions named herein.
     
a. Overocean Service Liability:  When cargo is in transport between
   POL and POD, Carrier's liability shall be determined in accordance
   with the clauses of the Carrier's applicable B/L (See Rule 8).
   If the Shipper desires Carrier to accept a higher liability limit
   than that specified in its B/L, Shipper MUST so stipulate such
   desire to Carrier, in writing, prior to tender of cargo to Carrier
   at origin.  Such additional liability will ONLY be assumed by the
   Carrier upon the payment of an additional charge of 5% (five
   percent) of the declared valuation in excess of the Bill of Lading
   limit specified above.  This Ad Valorem charge shall be in ADDITION
   to all other otherwise applicable rates and charges assessed under
   this Tariff Section.
     
b. Inland Service Liability: While cargo is in transport between U.S.
   Points of Origin or Destination and U.S. POL or POD as part of a
   through movement, the terms, conditions and liability of the
   underlying inland Carrier's Tariff or Contract of Carriage will
   apply.  Sunjin Logistics Co., Ltd.'s liability will be limited to
   the same extent, in the same amounts and by the same conditions as
   published and enforced by the underlying inland U.S. Domestic
   Carrier.  Sunjin Logistics Co., Ltd. will NOT accept, NOR be
   liable for, any liability greater than the such limits.
     
c. Neither any oral declaration, nor any statement of value for
   governmental or Customs purposes, nor presentation of invoices for
   use in foreign Customs, nor collection of C.O.D. amounts or other
   purposes, nor the declaration of value for insurance, nor
   instructions to the Carrier to insure, shall be deemed a
   "declaration of value" as provided in paragraphs a. and b. above
   which would increase Carrier's stipulated liability, nor shall any
   such offering supplement or amend in any way the liability of the
   Carrier for the cargo at the time of shipment, on which charges for
   transportation services are based.
     
d. Regardless of the value declared by the Shipper, Carrier's liability
   will NOT exceed the actual value of the cargo or the actual damages
   sustained when less.
     
e. Where rates or charges are specified in this Tariff Section as
   applying on an Ad Valorem Basis, the value used in assessing freight
   charges shall be the invoice value shown on the Shipping Documents
   and B/L.

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