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General Business Conditions For Ship Brokers And Shipping Agents In The Federal Republic of Germany

German Freight Forwarders' Standard Terms And Conditions. ADSp


We operate exclusively in accordance with the latest version of the Allgemeinen Deutschen Spediteurbedingungen ? ADSp ? (German Forwarders? General Terms and Conditions of Trading). These limit in paragraph 23 ADSp the legal liability for damage to goods in the case of damage to goods whilst in the care of a forwarder to ? 5/kg, in accordance with § 431 of the German Commercial Code (HGB); in the case of multimodal transports, including sea transport to 2 SDR (special drawing rights)/kg plus,in addition, per damage or event to ? 1 Millions or 2 SDR/kg whichever is the greater. Paragraph 27 ADSp does not constitute an agreement for alternative maximum liability sums concerning paragraph 27 of the Montreal Agreement. For Shipbroker and Shipagent activities the Standard Terms for Shipbrokers and/or Shipagents will apply. In case of litigation the courts in Munich shall have exclusive jurisdiction The company is registered in Munich under HRS * VAT no: * In delay of payment we have to debit you interest on arrears


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