RULE: 7 - PAYMENT OF FREIGHT CHARGES Eff: 12SEP1995

Effective 12SEP1995
Filed 09AUG1995
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 of 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 Consignee or his agent refuses
       to pay freight and other charges, and mer-
       chandise 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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Effective Tariff Management Corporation (ETM)
4000 Mitchellville Road, Suite 326-B
Bowie, MD 20716
Phone: (301) 262-0200 Fax: (301) 262-0039 e-mail: etmcorp@aol.com
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