Effective	15Jan1994
Filed	13Dec1993
Filing Codes	I

BILL OF LADING

Definitions:  "Merchant" means and includes the Shipper,
              the Consignor, the Consignee, the Holder of
              this Bill of Lading, the Receiver and the
              Owner of the Goods.  "The Freight Forwarder"
              means the issuer of this Bill of Lading as
              named on the face of it.

CONDITIONS
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1. Applicability
   Notwithstanding the heading "Combined Transport Bill of
   Lading", the provisions set out and referred to in this
   document shall also apply if the transport as described
   on the face of the Bill of Lading, is performed by one
   mode of transport only.

2. Issuance of the "Combined Transport Bill of Lading"
2.1 By the issuance of this "Combined Transport Bill of
    Lading", the Freight Forwarder:
    a) undertakes to perform and/or in his own name to
    procure the performance of the entire transport, from
    the place at which the goods are taken in charge to
    the place designated for delivery in this Bill of
    Lading.
    b)assumes liability as set out in these Conditions.
2.2 For the purposes and subject to the provisions of this
    Bill of lading, the Freight Forwarder shall be
    responsible for the acts and omissions of any person
    of whose services he makes use for the performance of
    the contract evidenced by this Bill of Lading.

3. Negotiability and title to the goods
3.1 By accepting this Bill of Lading the Merchant and his
    transferees agree with the Freight Forwarder that,
    unless it is marked "non-negotiable", it shall
    constitute title to the goods and the holder, by
    endorsement of this Bill of Lading, shall be entitled
    to receive or to transfer the goods herein mentioned.
3.2 This Bill of Lading shall be prima facie evidence of
    the taking in charge by the Freight Forwarder of the
    goods as herein described. However, proof to the
    contrary shall not be admissible when this Bill of
    Lading has been negotiated or transferred for valuable
    consideration to a third party acting in good faith.

4. Dangerous Goods and Indemnity
4.1 The merchant shall comply with rules which are
    mandatory according to the national law or by reason of
    international convention, relating to the carriage of
    goods of a dangerous nature, and shall in any case
    inform the Freight Forwarder in writing of the exact
    nature of the danger, before goods of adangerous
    nature are taken in charge by the Freight Forwarder
    and indicate to him, if need be, the precautions to be
    taken.
4.2 If the Merchant fails to porvide such information and
    the Freight Forwarder is unaware of the dangerous
    nature of the goods and the necessary precautions to
    be taken and if, at any time, they are deemed to be
    a hazard to life or property, they may at any place be
    unloaded, destroyed or rendered harmless, as
    circumstances may require, without compensation, and
    the Merchant shall be liable for all loss, damage,
    delay or expenses arising out of their being taken in
    charge, or their carriage, or of any service
    incidental thereto.
    The burden of proving the Freight Forwarder knew the
    exact nature of the danger constituted by the carriage
    of the said goods shall rest upon the person entitled
    to the goods.
4.3 If any goods shipped with the knowledge of the Freight
    Forwarder as to their dangerous nature shall become a
    danger to the vehicle or cargo, they may in like
    manner be unloaded or landed at any place or destroyed
    rendered innocuous by the Freight Forwarder, without
    liability on the part of the Freight forwarder, except
    to General Average, if any.

5. Description of Goods and Merchant's Packing
5.1 The consignor shall be deemed to have guaranteed to the
    Freight Forwarder the accuracy, at the time the goods
    were taken in charge by the Freight Forwarder, of the
    description of the goods, marks, number, quantity,
    weight and/or volume as furnished by him, and the
    Consignor shall indemnify the Freight Forwarder
    against all loss, damage and expenses arising or
    resulting from inaccuracies in or inadequacy of such
    particulars.  The right of the Freight Forwarder to
    such indemnity shall in no way limit his
    responsibility and liability under this Bill of Lading
    to any person other than the Consignor.
5.2 Without prejudice to Clause 6(A)(2)(c), the Merchant
    shall be liable for any loss, damage or injury caused
    by faulty or insufficient packing of goods or by
    faulty loading or packing within containers and
    trailers and on flats when such loading or packing has
    been performed by the Merchant or on behalf of the
    Merchant by a person other than the Freight Forwarder,
    or by the defect or unsuitability of the containers,
    trailers or flats, when supplied by the Merchant, and
    shall indemnify the Freight Forwarder against any
    additional expenses so caused.

6. Extent of Liability
   A.1) The Freight Forwarder shall be liable for loss of
        or damage to the goods occuring between the time
        when he takes the goods into his charge and the
        time of delivery.
     2) The Freight Forwarder shall, however, be relieved
        of liability for any loss or damage if such loss
        or damage was caused by:
      a) an act or ommission of the merchant, or person
         other than the Freight Forwarder acting on behalf
         of the Merchant or from whom the Freight Forwarder
         took the goods in charge.
      b) insufficiency or defective condition of the
         packaging or marks and/or numbers;
      c) handling, loading, stowage or unloading of the
         goods by the Merchant or any person acting on
         behalf of the Merchant;
      d) inherent vice of the goods;
      e) strike, lockout, stoppage or restraint of labour,
         the consequences of which the Freight Forwarder
         could not avoid by the exercise of reasonable
         diligence;
      f) any cause or event which the freight Forwarder
         could not avoid and the consequences whereof he
         could not prevent by the exercise of reasonable
         diligence;
      g) a nuclear incident if the operator of a nuclear
         installation or a person acting for him is liable
         or this damage under an applicable international
         Convention or national law governing liability in
         respect of nuclear energy.
     3) The burden of proving that the loss or damage was
        due to one or more of the above causes or events
        shall rest upon the Freight Forwarder.
        When the Freight Forwarder establishes that, in
        the circumstances of the case, the loss or damage
        could be attributed to one or more of the causes
        or events specified in b) to d) above, it shall be
        presumed that it was so caused. The claimant
        shall, however, be entitled to prove that the loss
        or damage was not, in fact, caused wholly or
        partly by one or more of these causes or events.
   B. When in accordance with clause 6.A.1 the Freight
      Forwarder is liable to pay compensation in respect
      of loss or damage to the goods and the stage of
      transport where the loss or damage occurred is
      known, the liability of the Freight Forwarder in
      respect of such loss or damage shall be determined
      by the provisions contained in any international
      Convention or national law, which provisions
      (i) cannot be departed from by private contract, to
          the detriment of the claimant, and
      (ii)would have applied if the Claimant had made a
          separate and direct contract with the Freight
          Forwarder in respect of the particular stage of
          transport where the loss or damage occurred and
          received as evidence thereof any particular
          document which must be issued in order to make
          such international convention or national law
          applicable.

7.Paramount clause
  The Hague rules contained in the International
  Convention for te unification of certain rules relating
  to Bills of Lading, dated Brussels 25th August 1924, or
  in those countries where they are already in force the
  Hague-visby Rules contained in the Protocol of Brussels,
  dated February 23rd 1968, as enacted in the Country of
  shipment, shall apply to all carriage of goods by sea
  and, where no mandatory international or national law
  applies, to the carriage of goods by inland waterways
  also, and such provisions shall apply to all goods
  whether carried on deck or under deck.

8.Limitation Amount
8.1 When the Freight forwarder is liable for compensation
    in respect of loss of or damage to the goods, such
    compensation shall be calculated by reference to the
    value of such goods at the place and time they are
    delivered to the Consignee in accordance with the
    contract or should have been so delivered.
8.2 The value of the goods shall be fixed according to the
    current commodity exchange price, or, if there be no
    commodity exchange price or current market price, by
    reference to the normal value of goods of the same
    kind and quality.
8.3 Compensation shall not, however, exceed 2 SDR(Special
    Drawing Rights) per kilo of gross weigth of the goods
    lost or damaged, unless, with the consent of the
    Freight Forwarder, the Merchant has declared a higher
    value for the goods and such higher value has been
    stated in the CT Bill of Lading, in which case such
    higher value shall be the limit.  However, the Freight
    Forwarder shall not, in any case, be liable for an
    amount greater than the actual loss to the person
    entitled to make the claim.

9. Delay, consequential Loss, etc.
   Arrival times are not guaranteed by the Freight
   Forwarder.  if the Freight Forwarder is held liable in
   respect of delay, consequential loss or damage other
   than loss of or damage to the goods, the liability of
   the Freight Forwarder shall be limited to double the
   freight for the transport covered by this Bill of
   Lading, or the value of the goods as determined in
   Clause 8, whichever is the less.

10.Defences
10.1 The defences and limits of liability provided for in
     these Conditions shall apply in any action against the
     Freight Forwarder for loss of or damage or delay to
     the goods whether the action be founded in contract or
     in tort.
10.2 The Freight Forwarder shall not be entitled to the
     benefit of the limitation of liability provided for
     in paragraph 3 of clause 8 if it is proved that the
     loss or damage resulted from an act or omission of
     the Freight Forwarder done with intent to cause damage
     or recklessly and with knowledge that damage would
     probably result.

11. Liability of servants and Sub-contractors
11.1 If an action for loss of or damage to the goods is
     brought against a person referred to in paragraph 2
     of clause 2, such person shall be entitled to avail
     himself of the defences and limits of liability which
     the Freight Forwarder is entitled to invoke under
     these Conditions.
11.2 However, if it is proved that the loss or damage
     resulted from an act or omission of this person, done
     with intent to cause damage or recklessly and with
     knowledge that damage would probably result, such
     person shall not be entitled to benefit of limitation
     of liability provided for in paragraph 3 of clause 8.
11.3 Subject to the provisions of paragraph 2 of clause 10
     and paragraph 2 of this Clause, the aggregate of the
     amounts recoverable from the Freight Forwarder and
     the persons referred to in paragraph 2 of clause 2
     shall in no case exceed the limits provided for in
     these Conditions.

12. Method and Route of Transportation
    The Freight Forwarder reserves to himself a reasonable
    liberty as to the means, route and procedure to be
    followed in the handling, storage and transportation
    of goods.

13. Delivery
    If delivery of the goods or any part thereof is not
    taken by the Merchant, at the time and place when and
    where the Freight Forwarder is entitled to call upon
    the Merchant to take delivery thereof, the Freight
    Forwarder shall be entitled to store the goods or the
    part thereof at the sole risk of the Merchant, where
    upon the liability of the Freight Fowrarder in respect
    of the goods or that part thereof stored as aforesaid
    (as the case may be) shall wholly cease and the cost
    of such storage (if paid by or payable by the Freight
    Forwarder or any agent or sub-contractor of the
    Freight Forwarder) shall forthwith upon demand be paid
    by the Merchant to the Freight Forwarder.

14. Freight and Charges
14.1 Freight shall be paid in cash without discount and,
     whether prepayable or payable at destination, shall
     be considered as earned on receipt of the goods and
     not to be returned or relinquished in any event.
14.2 Freight and all other amounts mentioned in this Bill
     of Lading are to be paid in the currency named in the
     Bill of Lading or, at the Freight Forwarder's option
     in the currency of the country of dispatch or
     destination at the highest rate of exchange for
     bankers sight bills current for prepayable freight on
     the day of dispatch and for freight payable at
     destination on the day when the Merchant is notified
     of arrival of the goods there or on the date of
     withdrawal of the delivery order, whichever rate is
     the higher, or at the option of the Freight Forwarder
     on the date of the Bill of Lading.
14.3 All dues, taxes and charges or other expenses in
     connection with the goods shall be paid by the
     Merchant.
14.4 The Merchant shall reimburse the Freight Forwarrder
     in proportion to the amount of freight for any costs
     for deviation or delay or any other increase of costs
     of whatever nature caused by war, warlike operations,
     epidemics, strikes, government directions or force
     majeur.
14.5 The Merchant warrants the correctness of the
     declaration of contents, insurance,
     weight, measurements or value of the goods but the
     Freight Forwarder reserves the right to have the
     contents inspected and the weight, measurements or
     value verified.  If on such inspection it is found
     the declaration is not correct it is agreed that a
     sum equal either to five times the difference between
     the correct figure and the freight charged, or to
     double the correct freight less the freight charged,
     whichever sum is the smaller, shall be payable as
     liquidated damage to the Freight Forwarder for his
     inspection costs and losses of freight on other goods
     notwithstanding any other sum having been stated on
     the Bill of Lading as freight payable.

15. Lien
    The Freight Forwarder shall have a lien on the goods
    for any amount due under this Bill of Lading including
    storage fees and for the cost of recovering same, and
    may enforce such lien in any reasonable manner which
    he may think fit.

16. General Average
    The Merchant shall indemnify the Freight Forwarder in
    respect of any claims of a General Average nature which
    may be made on him and shall provide such security as
    may be required by the Freight Forwarder in this
    connection.

17. Notice
    Unless notice of loss of or damage to the goods and
    the general nature of it be given in writing to the
    Freight Forwarder or the persons referred to in
    paragarph 2 of Clause 2, at the place of delivery
    before or at the time of the removal of the goods into
    the custody of the person entitled to delivery thereof
    under this Bill of Lading, or if the loss or damage be
    no apparent, within seven consecutive days thereafter,
    such removal shall be prima facie evidence of the
    delivery by the Freight Forwarder of the goods as
    described in this Bill of Lading.

18. Non delivery
    Failure to effect delivery within 90 days after the
    expiry of a time limit agreed and expressed in a CT
    Bill of Lading or, where no time limit is agreed and
    so expressed, failure to effect delivery within 90
    days after the time it would be reasonable to allow
    for diligent completion of the combined transport
    operation shall, in the absence of evidence to the
    contrary, give to the party entitled to receive
    delivery, the right to treat the goods as lost.

19. Time Bar
    the Freight Forwarder shall be discharged of all
    liability under the rules of these Conditins, unless
    suit is brought within nine months after
   (i)   the delivery of the goods, or
   (ii)  the date when the goods should have been
         delivered, or
   (iii) the date when in accordance with Clause 18,
         failure to deliver the goods would, in the
         absence of evidence to the contrary, give to the
         party entitled to receive delivery, the right to
         treat the goods as lost.

20. Jurisdiction
    Actions against the Freight Forwarder may only be
    instituted in the country where the Freight forwarder
    has his principal place of business and shall be
    decided according to the law of such country.

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