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Ocean Marine Cargo Clauses of ChinaⅡ

From Gasgoo.com| July 24 , 2008 10:34 BJT

  1. Warehouse to warehouses Clause :

  This insurance attaches from the time the goods hereby insured leave the ware-house or place of storage named in the Policy for the commencement of the transit and continues in force in the ordinary course of transit including sea , land and inland waterway transits and transit in lighter until the insured goods are delivered to the consignee s final warehouse or place of storage at the destination named in the Policy or to any other place used by the insured for allocation or distribution of the goods or for stories other than in the ordinary course of transit. This insurance shall., however , be limited to sixty (60) days after completion of discharge of the insured goods from the seagoing vessel at the final port of discharge before they reach the above mentioned warehouse or place of stories. If prior to the expire of the above mentioned sixty ( 60) days , the insured goods are to be forwarded to a destination other than that named in the Policy , this insurance shall terminate at the commencement of such transit.

  2. If, owing to delay , deviation , forced discharge , reshipment or transshipment beyond the control of the insured or any change or termination of the voyage arising from the exercise of a liberty granted to the shipowners under the contract of affreightment, the insured goods arrive at a port or place other than that named in the Policy, Subject to immediate notice being given to the Company by the insured and an additional premium being paid, if repaired, this insurance shall remain in force and shall terminate as hereunder :

  1) If the insured goods are sold at port or place not named in the Policy , this insurance shall terminate on delivery of the goods sold, but in no event shall this insurance extend beyond sixty (60) days after completion of discharge of the insured goods from the carrying vessel at such port or place.

  2) If the insured goods are to be forwarded to the final destination named in the Policy or any other destination, this insurance shall terminate in accordance with Section 1 above.

  IV . Duty of the insured:

  It is the duty of the insured to attend to all matters as specified hereunder , failing which the company reserves the right to reject his claim for any loss if and when such failure prejudice the rights of the Company :

  1. The insured shall take delivery of the insured goods in good time upon their arrival at the port of destination named in the Policy. In the event of any damage to the goods, the insured shall immediately apply for survey to the Survey and/or settling assent stipulated in the Policy. If the insured goods are found short in entire package or packages or to show apparent traces of damage , the insured shall obtain from the Carrier, bailed or other relevant authorities (Customs and Port Authorities etc. ) certificate of loss or damage and/or sbortlanded memo. Should the carrier, bailed or the other relevant authorities be responsible for such shortage, the insured shall lodge a claim with them in writing and , if necessary , obtain their confirmation of an extension of them the time limit of validity of such claim.

  2. The insured shall , and the Company also, take reasonable measures immediately in salvaging the goods or preventing or minimizing a loss or damage thereto. The measures so taken by the insured or by the Company shall not be considered respectively, as a waiver of abandonment hereunder , or as an acceptance thereof.

  3. In case of a change of voyage or any omission or error in the description of the interest , the name of the vessel or voyage, this insurance shall remain in force only upon prompt notice to this Company when the insured becomes aware of the same and payment of an additional premium if required.

  4. The following documents should accompany any claim hereunder made against this Company :

  Original Policy, Bill of Lading. Invoice, Packing List, Tally Sheet, Weight Memo, Certificate of Loss or Damage and/or Shorthand Memo, Survey Report, statement of Claim.

  If any third party is involved , documents relative to pursuing of recovery from such party should also be included.

  5. Immediate notice should be given to the Company when the Cargo Owners actual responsibility under the Contract of Affreightment n Both to Blame Collision Clause becomes known……

  V . The Time of Validity of A Claim :

  The time of validity of a claim under this insurance shall not exceed a period of two years counting from the time of completion of discharge of the insured goods from the seagoing vessel at the final port of discharge.
 

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