NSAB & INCOTERMS
– is applicable on all freight agreements entered after January 1, 2016
All services rendered are subject to the General Conditions of the Nordic Association of Freight Forwarders (NSAB 2015).
As contracting party cf. § 3 B the conditions limits the freight forwarder’s liability for loss of, deterioration of, or damage to goods to SDR 8.33 per kilo and for delay to the amount of the freight, and for all other loss to SDR 100,000 in respect of each assignment (§ 21).
As intermediary cf. § 3 C the freight forwarder’s liability is limited to SDR 50,000 in respect of each assignment and totally in the event of any one occurrence to SDR 500,000 (§ 24).
For storage, the total liability is limited to SDR 500,000 for damage occurring in the same occasion (§ 25).
Special attention is directed to the network clause (§ 2); claims against the freight forwarder are statute-barred after one year (§ 28); and the lien on goods (§ 14) applies to both current and previous claims.
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