| Term & Conditions
 All business 
                    undertaken will be subject to the HAFFA Standard Trading Conditions
 TERMS AND CONDITIONS (HAFFA STC) 
                    Standard Trading Conditions 1) DEFINITIONS AND INTERPRETATIONS2) APPLICATION OF THE CONDITIONS/LEGISLATION 
                    COMPULSORILY APPLICABLE
 3) CONTRACTUAL STATUS OF CUSTOMER
 4) CONTRACTUAL STATUS OF THE COMPANY
 5) COMPANY'S AUTHORITY
 6) WHERE THE COMPANY CONTRACTS (ON BEHALF OF 
                    THE CUSTOMER) IN ITS OWN NAME
 7) WHERE THE COMPANY CONTRACTS AS PRINCIPAL
 8) CUSTOMER'S FURTHER WARRANTIES
 9) INDEMNITIES
 10) DANGEROUS GOODS ETC
 11) BULLION ETC
 12) DEVIATION
 13) WAREHOUSING
 14) DECLARATION OF VALUE ETC
 15) DUTIES
 16) INSURANCE
 17) NO DUTY TO PRESERVE RIGHTS
 18) DISPOSAL OF GOODS/LIEN ETC
 19) QUOTATIONS AND CHARGES
 20) SUB-CONTRACTING
 21) LIABILITY AND LIMITATION
 22) NOTICE OF CLAIM
 23) TIME BAR
 24) COLLECT ON DELIVERY (C.O.D.) SHIPMENT
 25) GOVERNING LAW
 1. 
                    DEFINITIONS AND INTERPRETATIONS 
 1.1 In these Conditions, the following words and expressions 
                    have the following meanings unless the context otherwise requires:
 
 "Ancillary Services"
 includes services of arranging for the storage, warehousing, 
                    collection, delivery, local transportation, insurance, customs 
                    clearance, packing, unpacking and other handling of goods 
                    and other services relating or ancillary to the Principal 
                    Services.
 
 "Company"
 means [(name of the company)], a member of the Hongkong Association 
                    of Freight Forwarding And Logistics Limited trading under 
                    these Conditions.
 
 "Conditions"
 means the entire undertakings, terms, conditions and clauses 
                    embodied herein and includes the Company's terms and conditions 
                    printed on the front of the Shippers' Instructions and of 
                    the Company's form of transport document (including the Company's 
                    house air waybill or house bill of lading).
 
 "Customer"
 means any person at whose request or on whose behalf the Company 
                    undertakes any business, or provides advice, information or 
                    services, and includes the party named as "shipper" 
                    or "consignor" on the front of the Shippers' Instructions 
                    and of the Company's form of transport document (including 
                    the Company's house air waybill or house bill of lading).
 
 "FIATA"
 means the International Federation of Freight Forwarders Associations.
 
 "FIATA Air Waybill"
 means the form of neutral air waybill together with the conditions 
                    governing such air waybill (1996) published by FIATA and recommended 
                    by FIATA for use by forwarders who choose to act in the capacity 
                    of a (contracting) carrier.
 
 "FIATA Multimodal Transport Bill of Lading"
 means the FIATA form of multimodal transport bill of lading 
                    together with the standard conditions governing such bill 
                    of lading (1992) for use by forwarders who choose to assume 
                    liabilities as a (contracting) carrier.
 
 "Shippers' Instructions"
 means any of the Company's form or forms of shipping instructions 
                    or orders containing the Customer's instructions to the Company.
 
 "Hague Rules"
 means The International Convention for the Unification of 
                    Certain Rules of Law relating to Bills of Lading signed at 
                    Brussels on 25th August 1924.
 
 "Hague-Visby Rules"
 means The International Convention for the Unification of 
                    Certain Rules of Law relating to Bills of Lading signed at 
                    Brussels on 25th August 1924 (as amended by the Protocol signed 
                    at Brussels on 23rd February 1968).
 
 "Instructions"
 means statements of the Customer's specific requirements and 
                    includes the instructions specified on the front of the Shippers' 
                    Instructions and of the Company's form of transport document 
                    (including the Company's house air waybill or house bill of 
                    lading).
 
 "Principal Services"
 means the services of arranging for the transportation or 
                    carriage of goods by air and/or sea.
 
 "Services"
 means the services to be provided by the Company and includes 
                    the Principal Services and the Ancillary Services.
 
 "the Owner"
 means the owner of the goods (including any packings, containers 
                    or equipment other than those provided by the Company or carriers) 
                    to which any business concluded under these Conditions relates 
                    and any other person who is or may become interested in them 
                    and including the consignee named on the front of the Shippers' 
                    Instructions and of the Company's form of transport document 
                    (including the Company's house air waybill or house bill of 
                    lading.)
 
 "Warsaw Convention"
 means The Convention for the Unification of Certain Rules 
                    relating to International Carriage by Air signed at Warsaw 
                    on 12th October 1929 or that Convention as amended at The 
                    Hague, 28th September 1955, whichever may be applicable.
 
 1.2 References to statutory provisions shall be construed 
                    as references to those provisions as respectively amended 
                    or re-enacted or as their application is modified by other 
                    provisions from time to time and shall include any provisions 
                    of which they are re-enactments (whether with or without modification).
 
 1.3 Unless the context requires otherwise, words importing 
                    the singular include the plural and vice versa, words importing 
                    a gender include every gender, references to persons include 
                    any body corporate or unincorporated, and references to Clauses 
                    are to Clauses of these Conditions. The headings are inserted 
                    for convenience only and shall not affect the construction 
                    of these Conditions.
 
 1.4 All representations, warranties, undertakings, agreements, 
                    covenants, obligations, liabilities, guarantees and indemnities 
                    expressed in these Conditions or otherwise implied to be made 
                    given or assumed by the Customer shall be deemed to be made, 
                    given or assumed by the Customer and the Owner jointly and 
                    severally.
 
 1.5 No omission or delay on the part of the Company in exercising 
                    its rights shall operate as a waiver thereof, nor shall any 
                    single or partial exercise by the Company of any such right 
                    preclude the further or other exercises thereof or the exercise 
                    of any other right which it has. The rights and remedies of 
                    the Company provided in these Conditions shall be cumulative 
                    and not exclusive of any rights or remedies otherwise provided 
                    by law.
 
 1.6 Each of the provisions of these Conditions is severable 
                    and distinct from the others and if at any time one or more 
                    of such provisions is or becomes invalid illegal or unenforceable, 
                    the validity legality and enforceability of the remaining 
                    provisions of these Conditions shall not in any way be affected 
                    or impaired thereby.
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                   2. APPLICATION OF 
                    THE CONDITIONS/LEGISLATION COMPULSORILY APPLICABLE 
 2.1 All and any business undertaken by the Company is transacted 
                    subject to these Conditions and each of these Conditions shall 
                    be deemed to be incorporated in and to be a condition of any 
                    agreement between the Company and the Customer. All other 
                    terms and conditions are hereby excluded. Should any Customer 
                    wish to contract with the Company otherwise than subject to 
                    these Conditions, special arrangements can be made subject 
                    to revised charges having been agreed and having been paid 
                    in advance by the Customer to the Company and subject to such 
                    arrangements having been reduced into writing and signed by 
                    an authorised officer of the Customer and by an authorized 
                    officer of the Company. Save as aforesaid, no agent or employee 
                    of the Company has the Company's authority to waive or vary 
                    any of these Conditions.
 
 2.2 All and any advice information or services provided by 
                    the Company gratuitously is provided on the basis that the 
                    Company will not accept any liability whatsoever therefore, 
                    whether in tort or bailment or otherwise.
 
 2.3 If any legislation is compulsorily applicable to any business 
                    undertaken, these Conditions shall, as regards such business, 
                    be read as subject to such legislation and nothing in these 
                    Conditions shall be construed as a surrender by the Company 
                    of any of its rights or remedies or immunities or as an increase 
                    of any of its responsibilities or liabilities under such legislation, 
                    and, if any part of these Conditions be repugnant to such 
                    legislation to any extent, such part shall as regards such 
                    business be overridden to that extent and no further.
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                   3. 
                    CONTRACTUAL STATUS OF CUSTOMER 
 The Customer entering into any transaction or business with 
                    the Company hereby expressly warrants to the Company that 
                    the Customer is either the Owner or the authorized agent of 
                    the Owner and that it is authorized to accept and is accepting 
                    these Conditions not only for itself but also for the Owner. 
                    Where the Customer acts as the agent of the Owner, the Customer 
                    also accepts personal liability to the Company (but without 
                    prejudice to any of the rights or remedies of the Company 
                    against the Owner) and so that in respect of such transaction 
                    or business the Company is entitled to enforce its rights 
                    or remedies (including without limitation the right to recover 
                    any sum payable to the Company) against the Customer and the 
                    Owner jointly and severally.
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                   4. 
                    CONTRACTUAL STATUS OF THE COMPANY 
 4.1 Save as provided in Clause 7, Services are provided by 
                    the Company as agents on behalf of its Customers, except that, 
                    subject to Clause 16.2, the Company itself may provide (instead 
                    of arranging to provide) the Ancillary Services.
 
 4.2 The Company shall be entitled to perform any of its Services 
                    or exercise any of its powers or discretions hereunder by 
                    itself or its parent, subsidiary or associated companies. 
                    In the absence of agreement to the contrary any contract to 
                    which these Conditions apply is made by the Company on its 
                    own behalf and also as agent for and on behalf of any such 
                    parent, subsidiary or associated company and any such company 
                    shall be entitled to the benefit of these Conditions.
 
 4.3 It shall not be construed that any Services are provided 
                    by the Company other than as an agent of the Customer by reason 
                    only of any one or more of the following:
 
 a. the Company issuing its own transport document including 
                    its house air waybill or air consignment note or house bill 
                    of lading or freight forwarder cargo receipt;
 
 b. the Company charges an inclusive price;
 the Customer's goods are forwarded, carried, transported, 
                    stored or otherwise handled together or in consolidation with 
                    other goods.
 
 
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                  5. 
                  COMPANY'S AUTHORITY 
 5.1 The Company is hereby expressly authorised by the Customer 
                  as hereinafter provided.
 
 5.2 The Company is authorized to act on behalf of the Customer 
                  to select, engage and enter into contract or arrangement (whether 
                  in the name of the Customer or otherwise) with any carriers, 
                  truckmen, forwarders, receiving or delivery agents, warehousemen, 
                  packers and other persons (together "3rd Parties", 
                  and individually "3rd Party"):
 
 a. for the carriage of the goods by any route or any carrier;
 
 b. for the storage, packing, unpacking, (local) transportation, 
                  transhipment, loading, unloading or other handling of the goods 
                  by any person at any place or places and for any length of time
 AND to do other acts or enter into other contracts or arrangements 
                  for any other purposes pursuant or relating or incidental to 
                  the Customer's instructions.
 
 5.3 The Company is authorised (but is not obliged) to depart 
                  or deviate from the Customer's instructions in any respect if 
                  in the opinion of the Company such departure or deviation is 
                  necessary or desirable in the Customer's interests or is otherwise 
                  expedient.
 
 5.4 The Company is authorised by the Customer to act or to enter 
                  into any contract or arrangement without prior consultation 
                  with or further authorization from the Customer, AND the Company 
                  is not required, unless specifically requested by the Customer 
                  in writing, to inform the Customer of the terms and conditions 
                  or details of the contracts or arrangements or acts entered 
                  into or taken by the Company.
 
 5.5 Without prejudice to the generality of the foregoing, the 
                  Company is authorised to agree with any 3rd Party the charges 
                  payable to such 3rd Party without reference to or further authorization 
                  from the Customer, it being agreed that the difference between 
                  the charges payable by the Company to the 3rd Party(ies), and 
                  the charges payable by the Customer to the Company is the Company's 
                  commission or remuneration or profit. The Customer waives any 
                  and has no right of enquiry of the charges payable to the 3rd 
                  Party(ies) and the Company is not under any duty to account 
                  to the Customer for the Company's commissions, remunerations 
                  or profits.
 
 5.6 The Company is authorised (but is not obliged) to inspect 
                  or arrange for the goods to be inspected.
 
 5.7 The Company is not obliged to arrange for the Customers' 
                  goods to be carried, forwarded, packed, unpacked, stored or 
                  handled separately. The Company is authorised (but is not obliged) 
                  to consolidate or arrange to be consolidated the goods of the 
                  Customer with other goods.
 5.8 The Customer expressly agrees to be bound in all respects 
                  by any act or contract or arrangement done or entered into by 
                  the Company pursuant to the aforesaid authorizations.
 
 
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                  6. 
                  WHERE THE COMPANY CONTRACTS (ON BEHALF OF THE CUSTOMER) IN ITS 
                  OWN NAME 
 6.1 Where the Company enters into a contract on behalf of the 
                  Customer in its own name with any 3rd Party for any purposes, 
                  the Company is not itself a carrier for the purposes of the 
                  Carriage by Air Ordinance or the Carriage of Goods by Sea Ordinance 
                  or for any other purposes, nor does the Company make or purport 
                  to make any contract as a principal with the Customer for the 
                  carriage, storage, packing, unpacking, (local) transportation, 
                  transhipment, loading, unloading or other handling of the goods. 
                  The Company's sole obligation is to procure contracts for the 
                  carriage, storage, packing, unpacking, (local) transportation, 
                  transhipment, loading, unloading or other handling of goods 
                  by other persons.
 
 6.2 In addition and without prejudice to the exceptions and 
                  limitations contained in these Conditions, the Company shall 
                  be entitled to the benefit of all exceptions and limitations 
                  in favour of any 3rd Party expressly contained or implied in 
                  the Company's contract with such 3rd Party. The Customer shall 
                  not seek to impose on such 3rd Party any liability greater than 
                  that accepted by such 3rd Party under such contract.
 
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                  7. 
                  WHERE THE COMPANY CONTRACTS AS PRINCIPAL 
 7.1 The Company in its absolute discretion may, under certain 
                  circumstances notwithstanding the terms and conditions contained 
                  herein, issue a FIATA Air Waybill or a FIATA Multimodal Transport 
                  Bill of Lading naming the Company as the carrier and the principal. 
                  Where such a document is issued, the terms and conditions embodied 
                  in it shall be paramount in governing the relationship between 
                  the Customer and the Company in so far as those terms and conditions 
                  are inconsistent with or repugnant to these Conditions.
 
 7.2 Where, in respect of a transaction, the Company is held 
                  by a court of competent jurisdiction to be a carrier, the Company 
                  shall be entitled to all the rights, immunities, exceptions 
                  and limitations conferred on the carrier by any applicable law 
                  or legislation, and these Conditions shall be overridden to 
                  the extent that they are inconsistent with such rights, immunities, 
                  exceptions and limitations, but without prejudice to the operation 
                  of Clause 2.3.
 
 7.3 If the Company is or is deemed to be a carrier in respect 
                  of a carriage of goods by air, the following notices are hereby 
                  given:-
 
 "If the carriage involves an ultimate destination or stop 
                  in a country other than the country of departure, the Warsaw 
                  Convention may be applicable and that the Convention governs 
                  and in most cases limits the liability of carriers in respect 
                  of loss of or damage or delay to cargo."
 "The first carrier's name may be abbreviated on the face 
                  of the air waybill, the full name and its abbreviation being 
                  set forth in such carrier's tariffs, conditions of carriage, 
                  regulations and timetables. The first carrier's address is the 
                  airport of departure shown on the face of the air waybill. The 
                  agreed stopping places (which may be altered by carrier in case 
                  of necessity) are those places, except the place of departure 
                  and the place of destination, set forth on the face of the air 
                  waybill or shown in carrier's timetables as scheduled stopping 
                  places for the route. Carriage to be performed under the air 
                  waybill by several successive carriers is regarded as a single 
                  operation."
 
 7.4 If the Company itself performs (instead of arranging for 
                  the performance of) any of the Ancillary Services, the Company 
                  is entitled:
 
 a. to perform any local transportation of the goods by any route 
                  or by any means;
 
 b. to store, pack, unpack, load, unload or otherwise handle 
                  the goods at any place or places and for any length of time
 AND to do all such other acts as may be necessary or incidental 
                  thereto in the absolute discretion of the Company. The Company 
                  may (but is not obliged to) depart or deviate from the Customer's 
                  instructions if in the opinion of the Company such departure 
                  or deviation is necessary or desirable in the Customer's interests 
                  or is otherwise expedient.
 
 7.5 Notwithstanding any other provisions of these Conditions, 
                  the Company is never a common carrier and may in its sole discretion 
                  refuse to offer its services to any person.
 
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                  CUSTOMER'S FURTHER WARRANTIES 
 The Customer further warrants and acknowledges that :
 
 (a) Proper packing etc.
 All the goods, the subject of any Service provided by the Company, 
                  have been properly and sufficiently packed and/or prepared, 
                  and that the Company has no liability for any loss of or damage 
                  to goods which are improperly or insufficiently packed or prepared, 
                  no matter how such loss or damage is caused.
 
 (b) Transport Unit
 Where the goods delivered by or on behalf of the Customer are 
                  already carried in or on containers, trailers, flats, tilts, 
                  railway wagons, tanks, igloos, or any other unit load device 
                  (each hereafter individually referred to as "transport 
                  unit") then,
 
 i. the transport unit is in good condition, is suitable to carry 
                  the goods loaded therein or thereon, and is suitable for the 
                  intended carriage and other handling; and
 
 ii. the goods are suitable for carriage and other handling in 
                  or on the transport unit and has been properly and competently 
                  packed or loaded in or on the transport unit.
 
 (c) Description of Goods
 All descriptions, values and other particulars of the goods 
                  furnished to the Company for customs, consular and other purposes 
                  are true, complete and accurate, it being the duty of the Customer 
                  to provide such information to the Company and to ensure that 
                  such information is true complete and accurate.
 
 (d) Fitness of Goods
 In addition and without prejudice to any provisions of Clauses 
                  10 and 11, the goods are fit and suitable for the carriage (international 
                  as well as local), storage, packing, unpacking and other handling 
                  in accordance with, pursuant or related or incidental to the 
                  Customer's instructions.
 
 (e) Delivery of Goods
 The consignee or other person entitled to the delivery of the 
                  goods shall take delivery of the goods upon their arrival at 
                  destination and shall pay all necessary charges, taxes and duties 
                  and shall comply with all necessary formalities and procedures.
 
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                  9. 
                  INDEMNITIES 
 9.1 The Customer shall save harmless and indemnify and keep 
                  indemnified the Company from and against all claims, liabilities, 
                  losses, damages, costs and expenses (including without limitation 
                  all duties, taxes, imposts, levies, deposits, fines and outlays 
                  of whatsoever nature levied by any authority) arising out of 
                  the Company acting in accordance with the Customer's instructions, 
                  or arising from a breach of warranty or obligation by the Customer, 
                  or arising from the Customer's inaccurate or incomplete or ambiguous 
                  information or instructions, or arising from the negligence 
                  of the Customer or Owner.
 
 9.2 Advice and information, in whatever form as may be given 
                  by the Company, are provided by the Company for the Customer 
                  only and the Customer shall save harmless and indemnify and 
                  keep indemnified the Company from and against all claims, liabilities, 
                  losses, damages, costs and expenses arising out of any other 
                  person relying on such advice or information. Except under special 
                  arrangements previously made in writing, advice or information 
                  which is not related to specific instructions accepted by the 
                  Company is provided gratuitously and without liability and Clause 
                  2.2 is applicable.
 
 9.3 The Customer undertakes that no claim shall be made against 
                  any officer, servant, agent or sub-contractor of the Company 
                  which imposes or attempts to impose upon them any liability 
                  in connection with any services provided or to be provided by 
                  the Company. If any such claim should nevertheless be made the 
                  Customer shall indemnify the Company against all consequences 
                  thereof. Without prejudice to the foregoing every such officer, 
                  servant agent and sub-contractor shall have the benefit of all 
                  provisions herein benefiting the Company as if such provisions 
                  were expressly for his or its benefit. For the foregoing purposes, 
                  the Company contracts for itself as well as agents for all the 
                  aforesaid persons.
 
 9.4 The Customer shall defend, indemnify and hold harmless the 
                  Company from and against all claims, costs and demands whatsoever 
                  and by whomsoever made or preferred in excess of the liability 
                  of the Company under the terms of these Conditions, and without 
                  prejudice to the generality of the foregoing this indemnity 
                  shall include (without limitation) all claims, costs and demands 
                  arising from or in connection with the negligence of the Company, 
                  its officers, servants, agents or sub-contractors.
 
 9.5 The Customer shall defend, indemnify and hold harmless the 
                  Company in respect of any general average or any claims of a 
                  general average nature which may be made on the Company and 
                  the Customer shall provide such security as may be required 
                  by
 
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                  10. 
                  DANGEROUS GOODS ETC. 
 Except under special arrangements previously made in writing, 
                  the Customer warrants that the goods are not goods (or consist 
                  of goods) included in the Dangerous Goods (Application and Exemption) 
                  Regulations of the Laws of Hong Kong Cap. 295 or any modification 
                  thereof or the IATA Dangerous Goods Regulations prevailing at 
                  the time the Company confirms acceptance of the Customer's instructions, 
                  nor are goods (or consist of goods) of comparable hazard, nor 
                  are goods (or consist of goods) otherwise likely to cause damage. 
                  Should the Customer nevertheless deliver any such goods to the 
                  Company or cause the Company to accept or handle or deal with 
                  any such goods otherwise than under special arrangements previously 
                  made in writing, then whether or not the Company is aware of 
                  the nature of such goods, the Customer shall be liable for all 
                  expenses losses or damages whatsoever caused by or to or in 
                  connection with the goods howsoever arising, and shall indemnify 
                  the Company against all penalties claims damages costs expenses 
                  and any other liabilities whatsoever arising in connection therewith, 
                  and the goods may be destroyed or otherwise dealt with at the 
                  risk and expenses of the Customer or the Owner in the sole discretion 
                  of and without any liability to the Company or of any other 
                  person in whose custody or control the goods may be at the relevant 
                  time. The Company or such other person shall have the right 
                  to decide whether or when the goods are or become (or consist 
                  of goods which are or become) unfit for carriage (overseas or 
                  local), storage, packing, unpacking, handling etc or are or 
                  become goods (or consist of goods which are or become goods) 
                  of comparable hazard to the goods included in the IATA Dangerous 
                  Goods Regulations or the Dangerous Goods (Application and Exemption) 
                  Regulations or any modification thereof, or are or become goods 
                  (or consist of goods which are or become goods) which are otherwise 
                  likely to cause damage. A copy of the prevailing IATA Dangerous 
                  Goods Regulations is available for inspection by the Customer 
                  upon request. If such goods are accepted under arrangements 
                  previously made in writing, they may nevertheless be destroyed, 
                  or otherwise dealt with at the risk and expenses of the Customer 
                  or the Owner in the sole discretion of and without any liability 
                  to the Company or any other person in whose custody or control 
                  they may be at the relevant time on account of risk to other 
                  goods, property, life or health. The expression "goods 
                  likely to cause damage" includes but is not limited to 
                  goods likely to harbour or encourage vermin or other pests.
 
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                  11. 
                  BULLION ETC. 
 Except under special arrangements previously made in writing 
                  the Company will not accept or deal with bullion, coins, precious 
                  stones, jewellery, valuables, antiques, pictures, livestock 
                  or plants. Should the Customer nevertheless deliver any such 
                  goods to the Company or cause the Company to handle or deal 
                  with any such goods otherwise than under special arrangements 
                  previously made in writing, the Company shall be under no liability 
                  whatsoever for or in connection with the goods or any part thereof 
                  (including without limitation any loss or damage or non-delivery 
                  or mis-delivery or delay) howsoever caused and notwithstanding 
                  that the value may be shown, declared or indicated on any documents 
                  accompanying the shipment.
 
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                  12. 
                  DEVIATION 
 Subject to express instructions in writing given by the Customer 
                  and the acceptance of those instructions in writing by the Company, 
                  the Company reserves to itself absolute discretion as to the 
                  means, routes and procedures to be followed in the carriage, 
                  transportation, storage and other handling of goods. Further, 
                  if in the opinion of the Company it is at any stage necessary 
                  or desirable in the Customer's interests to depart from those 
                  instructions, the Company is hereby irrevocably authorised and 
                  shall be at liberty to do so, and any departure from the terms 
                  and conditions, or in the handling other than pursuant to the 
                  normal custom of handling the goods is done at the sole risk 
                  of the Customer or the Owner.
 
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                  13. 
                  WAREHOUSING 
 Pending forwarding or delivery, goods may be warehoused or otherwise 
                  held at the risk of the Customer or the Owner at any place at 
                  the sole discretion of the Company and the cost therefore shall 
                  be for the account of the Customer.
 
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                  14. 
                  DECLARATION OF VALUE ETC. 
 14.1The Company shall not be obliged to make any declaration 
                  for the purpose of any statute or convention or contract as 
                  to the nature or value of any goods or as to any special interest 
                  in delivery, unless express instructions in writing were previously 
                  given to and accepted by the Company.
 
 14.2 Without prejudice to the generality of Clause 14.1 where 
                  there is a choice of rates according to the extent or degree 
                  of the liability assumed by carriers, warehousemen or others, 
                  goods will be forwarded, dealt with, etc., at the Customer's 
                  or the Owner's risk and at such charges (including the lowest 
                  charges) as the Company may at its discretion decide, and no 
                  declaration of value (where optional) will be made, unless express 
                  instructions in writing to the contrary have previously been 
                  given by the Customer and accepted by the Company.
 
 14.3 A mere statement or declaration of the value or nature 
                  of the goods for insurance or export or customs or other purposes 
                  is not and shall not be construed to be instructions to the 
                  Company to make any declaration for the purposes of Clause 14.1 
                  and/or Clause 14.2 above.
 
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                  15. 
                  DUTIES 
 The Customer shall be liable for any duties, taxes, levies, 
                  deposits or outlays of any kind levied by the authorities at 
                  any port or place for or in connection with the goods and for 
                  any payments, storage, demurrage, fines, expenses, loss or damage
 
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                  16. 
                  INSURANCE 
 16.1 No insurance will be arranged except upon express instructions 
                  given in writing by the Customer and accepted by the Company. 
                  All insurances arranged by the Company are subject to the usual 
                  exceptions and conditions of the policies of the insurance company 
                  or underwriters taking the risk. The Company shall not be under 
                  any obligation to arrange a separate insurance on each consignment 
                  but may declare it on any open or general policy. Should the 
                  insurers dispute their liability for any reason the insured 
                  shall have recourse against the insurers only and the Company 
                  shall not be under any responsibility or liability whatsoever 
                  in relation thereto notwithstanding that the premium upon the 
                  policy may not be at the same rate as that charged by the Company 
                  or paid to the Company by its Customer.
 
 16.2 In so far as the Company agrees to arrange insurances, 
                  the Company acts solely as the agent of the Customer using reasonable 
                  effects to arrange such insurance. The Company does not warrant 
                  or undertake any such insurance will be accepted by the insurance 
                  company or underwriters.
 
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                  17. 
                  NO DUTY TO PRESERVE RIGHTS 
 The Company shall not be under any duty or obligation to the 
                  Customer or the Owner to give any notice or otherwise take any 
                  action to preserve or protect the right of the Customer or the 
                  Owner in relation to any claim or remedy which the Customer 
                  or Owner may have against any third parties.
 
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                  18. 
                  DISPOSAL OF GOODS/LIEN ETC 
 18.1 Notice of arrival of the goods will be sent to the notify 
                  party or the consignee by ordinary methods. The Company is not 
                  liable for the non-receipt or delay in the receipt of such notices. 
                  Any charges including storages incurred pending collection will 
                  be for the account of the Customer.
 
 18.2 Without prejudice to any other rights or remedies which 
                  the Company may have (including without limitation those under 
                  the other sub-Clauses of this Clause 18), if delivery of the 
                  goods or any part thereof is not taken by the consignee or other 
                  person entitled to the delivery of the same at the time and 
                  place when and where delivery should be taken, the Company shall 
                  be entitled (but is not obliged) to store or cause to be stored 
                  the goods or any part thereof at the sole risk of the Customer 
                  or the Owner, whereupon any liability which the Company may 
                  have in respect of the goods or that part thereof stored as 
                  aforesaid shall wholly cease and the cost of such storage shall 
                  upon demand be paid by the Customer to the Company.
 
 18.3 Perishable goods which are not taken up immediately upon 
                  arrival or which are insufficiently addressed or marked or otherwise 
                  not readily identifiable, may be sold or otherwise disposed 
                  of without any notice to the Customer or the Owner and payment 
                  or tender of the net proceeds of any sale after deduction of 
                  charges and expenses shall be equivalent to delivery. All charges 
                  and expenses arising in connection with the sale or disposal 
                  of the goods shall be paid by the Customer.
 
 18.4 The Company is entitled (but not obliged) to sell or dispose 
                  of (or cause to be sold or disposed) all non-perishable goods 
                  which in the opinion of the Company cannot be delivered either 
                  because they are insufficiently or incorrectly addressed or 
                  because they are not collected or accepted by the consignee 
                  or any other reason, upon giving 14 days' notice in writing 
                  to the Customer. All charges and expenses arising in connection 
                  with the storage and sale or disposal of the goods shall be 
                  paid by the Customer.
 
 18.5 All goods (and documents relating to goods) shall be subject 
                  to a particular and general lien and right of detention for 
                  monies due either in respect of such goods, or for any particular 
                  or general balance or other monies due from the Customer or 
                  the Owner to the Company. If any such monies due to the Company 
                  are not paid within 14 days after notice has been given to the 
                  Customer that such goods are being detained, the goods and/or 
                  the documents may be sold by auction or otherwise at the sole 
                  discretion of the Company at the expense of the Customer, and 
                  the proceeds (net of the expenses in connection with such sale) 
                  applied in or towards satisfaction of such indebtedness, and 
                  the Company shall not be liable for any deficiencies or reduction 
                  in value received on the sale of the goods, nor shall the Customer 
                  be relieved from the liability merely because the goods have 
                  been sold.
 
 18.6 The rights of the Company under this Clause 18 are independent 
                  and cumulative.
 
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                  19. 
                  QUOTATIONS AND CHARGES 
 19.1 The Customer is primarily liable for the payment of all 
                  freight, fees, duties, charges and other expenses whether the 
                  same (or any of them) are to be pre-paid or to be collected.
 
 19.2 The Customer shall pay to the Company all sums immediately 
                  when due without deduction or deferment on account of any claim, 
                  counterclaim or set-off. Payment to the Company is due as soon 
                  as an invoice is rendered. Payment shall be made in cash unless 
                  otherwise agreed by the Company.
 
 19.3 The Company at its discretion may request an advance to 
                  cover fees, duties, charges, taxes and/or other expenses payable 
                  before the Company's invoice is rendered. Forthwith upon such 
                  request being made, the Customer shall make such advance to 
                  the Company.
 
 19.4 Without prejudice to the foregoing provisions, when the 
                  Company is instructed to collect freight, duties, fees, charges 
                  or other expenses from any person other than the Customer, the 
                  Customer shall remain responsible for the payment of the same. 
                  The Customer shall forthwith upon demand pay the Company such 
                  freight, duties, fees, charges and other expenses or any balance 
                  thereof together with interest (if applicable) without deduction 
                  or deferment on account of any claim, counterclaim or set off 
                  (whether or not demand is made to such other person). Without 
                  prejudice to the generality of the foregoing, this provision 
                  shall apply if (inter alia) the goods are refused by the consignee 
                  or other person entitled to delivery or confiscated by the customs 
                  or other authorities or for any reason it is in the opinion 
                  of the Company not practicable or impossible to arrange for 
                  the delivery of the goods.
 
 19.5 On all amounts overdue to the Company, the Company shall 
                  be entitled to interest calculated on a monthly basis from the 
                  date such accounts are overdue until payment thereof at 2% per 
                  month (compounded monthly) during the period that such amounts 
                  are overdue.
 
 19.6 Quotations are given on the basis of immediate acceptance 
                  by the Customer and are subject to withdrawals or revisions 
                  by the Company. Further, unless otherwise agreed in writing 
                  by the Company, the Company, notwithstanding acceptance of the 
                  quotations by the Customer, shall be at liberty to revise quotations 
                  or charges with or without prior notice in the event of changes 
                  occurring in currency exchange risks, rates of freight, insurance 
                  premiums or any charges applicable to the goods.
 
 19.7 Freight charges are usually quoted and charged on "chargeable 
                  weight" basis. Chargeable weight is the actual gross weight 
                  or volume weight, whichever is the higher. Volume weight is 
                  calculated by reference to the volume of the consignment (including 
                  packaging) divided by a certain factor. References to "per 
                  kilogramme" or "per ton" or "per pound" 
                  refer to the higher of the actual gross weight and the volume 
                  weight. Further details relating to the computation of freight 
                  charges will be provided to the Customer upon request. Customers 
                  are advised to obtain such details.
 
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                  20. 
                  SUB-CONTRACTING 
 The Company shall be entitled to sub-contract on any terms the 
                  whole or any part of the Services and any and all duties whatsoever 
                  undertaken by the Company.
 
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                  21. 
                  LIABILITY AND LIMITATION 
 21.1 Notwithstanding any negligence of the Company, its servants 
                  or agents or sub-contractors or other persons for whom the Company 
                  is responsible, the Company shall not be responsible or liable 
                  for any damage to or loss or non-delivery or mis-delivery of 
                  goods or for any delay or deviation in respect of the transportation 
                  or delivery or other handling of goods, unless it is proved 
                  that such damage, loss, non-delivery, mis-delivery, delay or 
                  deviation occurred whilst the goods were in the actual custody 
                  of the Company and under its actual control and that the damage, 
                  loss, non-delivery, mis-delivery, delay or deviation was due 
                  to the wilful neglect or wilful default of the Company or its 
                  own servants.
 
 21.2 Notwithstanding any negligence of the Company, its servants 
                  or agents or sub-contractors or other persons for whom the Company 
                  is responsible, the Company shall not be liable for any non-compliance 
                  or mis-compliance with instructions given to it unless it is 
                  proved that such non-compliance or mis-compliance was caused 
                  by the wilful neglect or wilful default of the Company or its 
                  own servants.
 
 21.3 Save as provided in Clause 21.1 or Clause 21.2, the Company 
                  shall be under no liability whatsoever and howsoever arising 
                  and whether in respect of or in connection with any goods or 
                  any instructions, business, advice, information or service or 
                  otherwise, and whether or not there is negligence on the part 
                  of Company, its servants or agents or sub-contractors or other 
                  persons for whom the Company is responsible.
 
 21.4 Further and without prejudice to the generality of the 
                  preceding provisions of this Clause 21 , the Company shall not 
                  in any event, whether under Clause 21.1 or Clause 21.2 or otherwise, 
                  be under any liability whatsoever for:
 
 a. any special, incidental, indirect, consequential or economic 
                  loss or damage (including without limitation loss of market, 
                  profit, revenue, business or goodwill);
 
 b. any loss or damage or expense arising from or in any way 
                  connected with fire or consequence of fire
 in each case howsoever caused and whether or not resulting from 
                  any act or default or neglect of the Company or its servants 
                  or agents or sub-contractors or other persons for whom the Company 
                  is responsible.
 
 21.5 Save where Clause 21.6 or Clause 21.7 is applicable, in 
                  no case whatsoever shall the liability of the Company howsoever 
                  arising and notwithstanding any lack of explanation exceed the 
                  value of the relevant goods or a sum of HK$200.00 per shipping 
                  package or unit or HK$10.00 per (weight) kilogram, whichever 
                  is the least.
 
 21.6 If any one or more of the Hague Rules, the Hague-Visby 
                  Rules, the Hague-Visby Rules (as amended by the Protocol signed 
                  at Brussels on 21st December 1979), the Warsaw Convention and 
                  the Guadalajara Convention are compulsorily applicable, the 
                  relevant limitation amounts set out therein as applied by the 
                  applicable legislation will apply. In all other cases the limitation 
                  amounts detailed in Clause 21.5 will apply.
 
 21.7 By special arrangement agreed in writing, the Company may 
                  accept liability in excess of the limit set out in Clause 21.5 
                  if the Customer agrees to pay and has paid the Company's additional 
                  charges for accepting such increased liability. Details of the 
                  Company's additional charges will be provided upon request.
 
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                  22. 
                  NOTICE OF CLAIM 
 22.1 Any claim against the Company must be in writing and delivered 
                  to the Company at its registered office or its principal place 
                  of business in Hong Kong within 14 days of:
 
 a. in the case of damage to goods, the date of delivery of the 
                  goods;
 
 b. in the case of loss or non-delivery or mis-delivery or delay 
                  in delivery of goods, the date that the goods should have been 
                  delivered; and
 
 c. in any other case, the date of the event giving rise to the 
                  claim.
 
 22.2 No action shall lie against the Company if the claim is 
                  not made within the times and in the manner specified in Clause 
                  22.1.
 
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                  23. 
                  TIME BAR 
 Any right of action against the Company shall be extinguished 
                  if suit is not brought in the proper forum and written notice 
                  thereof received by the Company within 9 months from the date 
                  the goods arrived at the destination or the date the goods should 
                  have arrived at the destination (whichever date is the earlier).
 
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                  24. 
                  COLLECT ON DELIVERY (C.O.D.) SHIPMENTS 
 Goods received with Customer's or other person's instruction 
                  to Collect on Delivery (C.O.D.) by bank drafts or otherwise, 
                  or to collect on any specified terms by time drafts or otherwise, 
                  are accepted by the Company only upon the express understanding 
                  that it will exercise reasonable care in the selection of a 
                  bank, correspondent, carrier or agent to whom it will send such 
                  item for collection, and the Company will not be responsible 
                  for any act, omission, default, suspension, insolvency or want 
                  of care, negligence, or fault of such bank, correspondent, carrier 
                  or agent, nor for any delay in remittance lost in exchange, 
                  or during transmission, or while in the course of collection.
 
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                  25. 
                  GOVERNING LAW 
 These Conditions and any act or contract to which they apply 
                  shall be governed by and construed according to the laws of 
                  the Hong Kong Special Administrative Region. Any dispute arising 
                  out of these Conditions or any such act or contract shall be 
                  subject to the non exclusive jurisdiction of the courts of the 
                  Hong Kong Special Administrative Region.
 
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