RULE: 7 - PAYMENT OF FREIGHT CHARGES
Freight charges, assessorial charges, surcharges or other charges named in this Tariff including
advanced charges may be prepaid or collect at origin or destination, SBJ to the provisions named
herein. However, regardless of whether B/L payment status is prepaid or collect, the Shipper, his
duly authorized Freight Forwarder, 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 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 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 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
c. When freight and other charges named in 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.