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LIABILITY UNDER THE COGSA

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1LIABILITY UNDER THE COGSA Empty LIABILITY UNDER THE COGSA Tue Sep 23, 2008 1:41 pm

barrister

barrister
Reclusion Perpetua

1. maximum of $500 per package or, if not shipped in packages, per customary freight unit (e.g. metric ton).
2. nature and value of goods may be declared by shipper and inserted in bill of lading; declaration is prima facie evidence and not conclusive on carrier.
3. shipper and carrier may agree on another maximum amount, but not more than amount
of damage actually sustained.

NOTE: When the packages are shipped in a container supplied by carrier and the number of such
units is stated in the bill of lading, each unit and not the container constitute the “package”.

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