All tasks are carried out in compliance with the Nordic Association of Freight Forwarders’ General Conditions (NSAB 2015). These conditions limit our liability for lost, deteriorated or damaged goods to SDR 8.33 per kg. And for delays up to the freight amount, a maximum of SDR 50,000 for each order. With storage, the freight forwarder’s total liability for damage concerning one and the same event is limited to SDR 500,000 (section 27). Note in particular that claims against the freight forwarder are barred after one year (section 30), and that the lien (section 14) covers both current and earlier claims. Claims on freight etc. must be honoured regardless of the trade agreement delivery terms (section 10).
At NTG Global, we carry out all our tasks in compliance with the Nordic Association of Freight Forwarders’ General Conditions (NSAB 2015).
As contracting party cf. § 3 B the conditions limit 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.
You should be aware that as NTG Global’s liability as a transporter is limited, it does not cover the full loss. A transport insurance should therefore be considered a necessary supplement.
It is therefore very important that you remember to take out a separate transport insurance. You are then insured in the best possible way if misfortune should strike.
At NTG Global, we cooperate exclusively with renowned insurance companies, and we are happy to help you arrange insurance. Simply get in touch with your usual contact person at NTG Global, and we will help you throughout the process.