Limits of Liability for Cargo Claims

Limits of Liability
for Cargo Claims
By sea – Hague Visby rules:
£1.89 per kg
£629.12 per package
(SDR 2.00 per kg)
(SDR 666.67 per package)
By road – CMR:
£7.86 per kg
(SDR 8.33 per kg)
By air – Montreal Convention:
£17.93 per kg
(SDR 19.00 per kg)
By air – Warsaw Convention:
£16.04 per kg
(SDR 17.00 per kg)
BIFA STC:
£1.89 per kg
( based on the value of 1 SDR, which stood at
according to the International Monetary Fund website on
(SDR 2.00 per kg)
£0.943681
13 January 2015 )
Key:
CMR - Carriage of Goods by Road Act
STC - Standard Trading Conditions
SDR – Special Drawing Rights
Redfern House, Browells Lane, Feltham, Middlesex TW13 7EP United Kingdom
T: +44 (0)20 8844 2266 F: +44 (0)20 8890 5546 E: [email protected] W: www.bifa.org
A company limited by guarantee. Registered in England number 391973. Registered office as above address.
14/01/2015