The Ocean Charges including Freight Rates, Surcharge and Fees in your Rate Document are governed by the Rate Document Terms and Conditions, together with the terms and conditions specified in your Rate Document and carrier’s prevailing governing tariffs on www.OOCL.com at the time of shipment. In the event of any inconsistency between any of the following documents, the document first listed below shall govern: 

(i)        the Rate Document Terms and Conditions; 

(ii)        except in respect of “Fixed Surcharges”, Carrier’s prevailing governing tariffs on www.OOCL.com 
            at the time of shipment; 

(iii)        Your Rate Document

1. Except for Surcharge and Fees marked as “Fixed” in your Rate Document, the quantum of other Surcharge and Fees in your Rate Document are set at maximum rates, valid until further notice (unless specified) and governed by and subject to carrier’s prevailing tariff(s) published on www.OOCL.com at the time of shipment. Other Surcharge and Fees applicable include Surcharge and Fees introduced to cover a change of requirements or additional services at your request, contingency charges, local surcharges or other charges due to extraordinary conditions beyond OOCL’s control, if relevant, which are available at carrier’s prevailing governing tariff(s) on www.OOCL.com at the time of shipment, and specified by OOCL in its invoice(s) when your booking is accepted. Booking acceptance is subject to availability of vessel, space and equipment. Carriage of goods is always subject to the terms and conditions of the carrier's Bill of Lading. OOCL* and carrier are defined in OOCL Bill of Lading.*

2. Ocean Charges including Freight Rates, Surcharge and Fees will be valid from Rate Effective Date until further notice (unless specified) (the “Rate Effective Period”). OOCL will initiate negotiation of Ocean Charges including Freight Rates and Surcharge and Fees when necessary and the new agreed Ocean Charges including Freight Rates, Surcharge and Fees shall apply with immediate effect unless otherwise agreed by both parties to the Rate Document. 

3. Unless otherwise specified in writing, your Rate Document is valid subject to the following:

    a.     the entity listed as the Eligible Shipping Party is the shipping party, as determined by OOCL; 

    b.     Freight Rates, Surcharge and Fees for shipments is valid within the Rate Effective Period 
            provided that the booking is made and shipment delivered(Note 1); and the time of shipment 
            is within the Rate Effective Period;

    c.     the entity listed as the Eligible Named Account, if any, is specified as the Shipper or Consignee on 
            the OOCL Bill of Lading; and 

    d.     the Rate Folder number is given at time of booking.

4. Your Rate Document is subject to currency exchange at the time of shipment. For Iran import and export shipment, Freight Rates and all applicable Surcharge and Fees should be paid in non-US dollar currency.

5. Definitions used:- 

    a.     Fixed means Surcharges or Fees are fixed;

    b.     Tariff means Surcharges or Fees are set at the Carrier’s prevailing governing tariffs on 
            www.OOCL.com at the time of shipment;

    c.     Rate Document (as maybe supplemented from time to time) means the binding agreement with 
            OOCL for provision of carriage service at the time of shipment;

    d.     applicable (when used) means the Surcharge and Fees that will apply on provisions of carriage 
            service at the time of shipment;

    e.      B/L Release means Surcharge or Fees that is only applicable if Bill of Lading is released from the 
             location specified;

    f.       TBD means Surcharge or Fees is to be determined, whether prepaid or collect, in each case in 
              accordance with the relevant Tariff Rules at Carrier’s prevailing governing tariffs on 
              www.OOCL.com at the time of shipment, or if no rules exist then as decided by OOCL in its sole 
              discretion.

6. Your Rate Document is confidential, the contents of which shall not be disclosed to competitors of OOCL.

7. Your Rate Document shall be governed by English Law.

Note 1:A shipment shall be deemed to have been delivered when the full bill of lading quantity has been received, and the time of shipment for Asia-Europe Trade, Intra-Asia Trade and Australian Trade (Except for Australia and New Zealand to/from United States/Canada/Mexico/Panama) is on the actual vessel departure date of the vessel named in the bill of lading.

The time of shipment for all other shipments including Australia and New Zealand to/from United States/Canada/Mexico/Panama is when the shipment is loaded in case of carrier haulage or when full container gate-in at container yard in case of merchant pre-carriage.