rules for compensation
Posted: Mon Dec 15, 2008 12:13 am
can some one tell me what will be rule for compensation for loss or damage of cargo in case of multimodal transport?
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- Multimodal Transport Bills of Lading are issued subject to the network liability system whereby the existing mandatory rules governing unimodal carriage will apply when the loss or damage to the goods occurs on that particular mode. For example, if the container is lost overboard, the carrier's liability will be determined in accordance with the Hague/ Hague Visby Rules, while if the container is lost in a road accident, the liability will be determined in accordance with the CMR Convention. Otherwise said, if the container with the goods is lost or damaged during the sea carriage liabilities under the Multimodal Transport Document are the same as under a Bill of Lading, while if that occurs during road carriage liabilities are the same as under a CMR Consignment Note.