RULE: 7 - PAYMENT OF FREIGHT CHARGES Eff: 04SEP2013 - caribtrans.nextsitehosting.com

RULE: 7 – PAYMENT OF FREIGHT CHARGES Eff: 04SEP2013

Effective 04SEP2013
Filed 04SEP2013
Filing Codes IC

Freight charges, assessorial charges, surcharges or other charges named
in this Tariff, in NRAs SBJ to this Tariff, or in Rate TLIs named in a
Tariff governed by this Tariff, including advanced charges may be
prepaid or collect (See Note 1) at origin or destination, SBJ to the
provisions named in this Rule.  However, regardless of whether B/L
payment status is prepaid or collect, the Shipper, his duly authorized
Freight Forwarder or Agent, the Consignee and the Beneficial Cargo
Owner shall be, and will remain, jointly and severally liable for
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, or in
   an effective NRA or Rate TLI named in a Tariff governed by 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, an effective NRA or a
   Rate TLI named in a Tariff governed by 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 or any Rate TLI
   named in a Tariff governed by this Tariff (rates named in an
   effective NRA will NOT be affected) 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 named in this Tariff, in an effective
   NRA or in a Rate TLI named in a Tariff governed by this Tariff, are
   paid in foreign countries, Carrier will accept 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.
     
d. The payment status of a B/L may NOT be changed once
   transportation service of cargo has commenced (i.e.
   "prepaid" shipments cannot be changed to "collect"
   shipments and likewise "collect" shipments cannot be
   changed to "prepaid" shipments) without the express
   approval of the Carrier.