These terms and conditions of service constitute a legally binding contract between the “Company” and the “Customer”. In the event the Company
renders services and issues a document containing Terms and Conditions governing such services, the Terms and Conditions set forth in such other
document(s) shall govern those services.
(a) “Company” shall mean STC – SweAsia Trading & Consulting, related companies, agents and/or representatives.
(b) “Customer” shall mean the person for which the Company is rendering service, as well as its agents and/or representatives, including, but not limited
to, shippers, importers, exporters, carriers, secured parties, warehousemen, buyers and/or sellers, shipper’s agents, insurers and underwriters, breakbulk
agents, consignees, etc. It is the responsibility of the Customer to provide notice and copy(s) of these terms and conditions of service to all such
agents or representatives;
(c) “Documentation” shall mean all information received directly or indirectly from Customer, whether in paper or electronic form;
(d) “Ocean Transportation Intermediaries” (“OTI”) shall include an “ocean freight forwarder” and a “non-vessel operating common carrier;
(e) “Third parties” shall include, but not be limited to, the following: “carriers, truckmen, cartmen, lightermen, forwarders, OTI’s, customs brokers, agents,
warehousemen and others to which the goods are entrusted for transportation, cartage, handling and/or delivery and/or storage or otherwise.
2. Company As Agent. The Company acts as the “agent” of the Customer for the purpose of performing duties in connection with the entry and release
of goods, post entry services, the securing of export licenses, the filling of export documentation on behalf of the Customer and other dealings with
Government Agencies; as to all other services, Company acts as an independent contractor.
3. Limitation of Actions.
(a) Unless subject to a specific statute or international convention, all claims against the Company for a potential or actual loss, must be made in writing
and received by the Company, within ninety (90) days of the event giving rise to claim; the failure to give the Company timely notice shall be a complete
defense to any suit or action commenced by Customer.
(b) All suits against Company must be filed and properly served on Company as follows:
(i) For claims arising out of ocean transportation, within one (1) year from the date of loss;
(ii) For those claims arising from air transportation, within two (2) years from the date of the loss;
(iii) For claims arising out of the preparation and/or submission of an import entry(s) , within seventy five (75) days from the date of liquidation of the
(iv) For any and all other claims of any other type, within two (2) years from the date of the loss or damage.
4. No Liability For The Selection or Services of Third Parties and/or Routes. Unless services are performed by persons or firms engaged pursuant to
express written instructions from the Customer, Company shall use reasonable care in its selection of third parties, or in selecting the means, route and
procedure to be followed in the handling, transportation, clearance, and delivery of the shipment; advice by the Company that a particular person or firm
has been selected to render services with respect to the goods, shall not be construed to mean that the Company warrants or represents that such
person or firm will render such services nor does Company assume responsibility or liability for any action(s) and/or inaction(s) of such third parties
and/or its agents, and shall not be liable for any delay or loss of any kind, which occurs while a shipment is in the custody or control of a third party or the
agent of a third party; all claims in connection with the Act of a third party shall be brought solely against such party and/or its agents; in connection with
any such claim, the Company shall reasonably cooperate with the Customer, which shall be liable for any charges or cost incurred by the Company.
5. Quotations Not Binding. Quotations as to fees, rates of duty, freight charges, insurance premiums or other charges given by the Company to the
Customer are for informational purposes only and are subject to change without notice; no quotation shall be binding upon the Company unless the
Company in writing agrees to undertake the handling or transportation of the shipment at a specific rate or amount set forth in the quotation and payment
arrangements are agreed to between the Company and the Customer.
6. Reliance On Information Furnished.
(a) Customer acknowledges that it is required to review all documents and declarations prepared and/or filed with the Customs Service, other
Government Agency and/or third parties, and will immediately advise the Company of any errors, discrepancies, incorrect statements, or omissions on
any declaration filed on Customers behalf,
(b) in preparing or submitting Customs entries, export declarations, applications, documentation, and/or export data to the United States and/or a third
party, the Company relies on the correctness of all documentation, whether in written or electronic format, and all information furnished by Customer,
Customer shall use reasonable care to insure the correctness of all such information and shall indemnify and hold the company harmless from any and
all claims asserted and/or liability or losses suffered by reason of the Customer’s failure to disclose information or any incorrect or false statement by the
Customer upon which the Company reasonably relied. The Customer agrees that the Customer has an affirmative, non-delegable duty to disclose any
and all information required to import, export, or enter the goods.
7. Declaring Higher Value To Third Parties. Third parties to whom the goods are entrusted may limit liability for loss or damage; the Company will
request excess valuation coverage only upon specific written instructions from the Customer, which must agree to pay any charges therefore, in the
absence of written instructions or the refusal of the third party to agree to a higher declared value, at Company’s discretion, the goods may be tendered
to the third party, subject to the terms of the third party’s limitations of liability and/or term and conditions of service.
8. Insurance. Unless requested to do so in writing and confirmed to Customer in writing, Company is under no obligation to procure insurance on
Customer’s behalf, in all cases, Customer shall pay all premiums and costs in connection with procuring requested insurance.
9. Disclaimers; Limitation of Liability.
(a) Except as specifically set forth herein, Company makes no express or implied warranties in connection with its services:
(b) Subject to (d) below, Customer agrees that in connection with any and all services performed by the Company, the Company shall only be liable for
its negligent acts, which are the direct and proximate cause of any injury to Customer, including loss or damage to Customer’s goods, and the Company
shall in no event be liable of third parties;
(c) In connection with all services performed by the Company, Customer may obtain additional liability coverage, up to the actual or declared value of the
shipment or transaction, by requesting such coverage and agreeing to make payment therefore, which request must be confirmed in writing by the
Company prior to rendering services for the covered transaction(s)
(d) In the absence of additional coverage under (c) above, the Company’s liability shall be limited to the following:
(i) Where the claim arises from activities other than those relating to customs brokerage, $50.00 per shipment or transaction, or
(ii) Where the claim arises from activities relating to “Customs Business,” $50.00 per entry or the amount of brokerage fees paid to Company for the
entry, whichever is less;
(e) In no event shall Company be liable or responsible for consequential, indirect, incidental, statutory or punitive damages even if it has been put on
notice of the possibility of such damages.
10. Advancing Money. All charges must be paid by Customer in advance unless the Company agrees in writing to extend credit to customer; the
granting of credit to a Customer in connection with a particular transaction shall not be considered a waiver of this provision by the Company.
11. Indemnification/Hold Harmless. The Customer agrees to indemnify, defend, and hold the Company harmless from any claims and/or liability arising
from the importation or exportation of Customer’s merchandise and/or conduct of the Customer, which violates any Federal, State and/or other laws, and
further agrees to indemnify and hold the Company harmless against any and all liability, loss, damages, costs, claims and/or expenses, including but not
limited to reasonable attorney’s fees, which the Company may hereafter incur, suffer or be required to pay by reason of such claims; in the event that
any claim, suit or proceeding is brought against the Company, it shall give notice in writing to the Customer by mail at its address on file with the
12. C.O.D. or Cash Collect Shipments. Company shall use reasonable care regarding written instructions relating to “Cash/Collect” on “Deliver (C.O.D.)”
shipments, bank drafts, cashier’s and/or certified checks, letter(s) of credit and other similar payment documents and/or instructions regarding collection
of monies but shall have no liability if the bank or consignee refuses to pay for the shipment.
13.Costs of Collection. In any dispute involving monies owed to Company, the Company shall be entitled to all costs of collection, including reasonable
attorney’s fees and interest at 15% per annum or the highest rate allowed by law, whichever is less, unless a lower amount is agreed to by Company.
14. General Lien And Right To Sell Customer’s Property.
(a) Company shall have a general and continuing lien on any and all property of Customer coming into Company’s actual or constructive possession or
control for monies owed to Company with regard to the shipment on which the lien is claimed, a prior shipment(s) and/or both.
(b) Company shall provide written notice to Customer of its intent to exercise such lien, the exact amount of monies due and owing, as well as any ongoing
storage or other charges; Customer shall notify all parties having interest in its shipment(s) of Company’s rights and/or the exercise of such lien.
(c) Unless, within thirty days of receiving notice of lien, Customer posts cash or letter of credit at sight, or, if the amount due is in dispute, an acceptable
bond to equal 110%of the value of the total amount due, in favor of the Company, guaranteeing payment of the monies owed, plus all storage charges
accrued or to be accrued, Company shall have the right to sell such shipment(s) at public or private sale or auction and any net proceeds remaining
thereafter shall be refunded to the Customer.
15.No Duty To Remain Records For Customer. Customer acknowledges that pursuant to Sections 508 and 509 of the Tariff Act, as amended, (19 USC
§1580 and §1509) it has the duty and is solely liable for maintaining all records required under the Customs and/or other Laws and Regulations of the
United States; unless otherwise agreed to in writing, the Company shall only keep such records that is required to maintain by Statute(s) and/or
Regulation(s), but not act as a “recordkeeper” or “recordkeeping agent” for Customer.
16.Obtaining Binding Rulings, Filing Protest, etc. Unless requested by Customer in writing and agreed to by Company in writing, Company shall be
under no obligation to undertake any pre or post Customs release action, including but not limited to, obtaining binding rulings, advising of liquidations,
filing of petition(s) and or protests, etc.
17. Preparation and Issuance of Bills of Lading. Where Company prepares and/or issues a bill of lading, Company shall be under no obligation to specify
thereon the number of pieces, packages and/or cartons, etc.; unless specifically requested to do so in writing by Customer or its agents and Customer
agrees to pay for same, Company shall rely upon and use the cargo weight supplied by Customer.
18. No Modification or Amendment Unless Written. These terms and condition of service may only be modified, altered or amended in writing signed by
both the Customer and Company; any attempt to unilaterally modify, alter or amend same shall be null and void.
19. Compensation of Company. The compensation of the company for its services shall be included with and is in addition to the rates and charges of all
carriers and other agencies selected by the Company to transport and deal with the goods and such compensation shall be exclusive of any brokerage,
commissions, dividends, or other revenue received by the Company from carriers, insurers and others in connection with the shipment. On ocean
exports, upon request, the Company shall provide a detailed breakout of the components of all charges assessed and a true copy of each pertinent
document relating to these charges. In any referral for collection or action against the Customer for monies due the Company, upon recovery by the
Company, the Customer shall pay the expenses of collection and/or litigation, including a reasonable attorney fee.
20.Severability. In the event any Paragraph(s) and/or portion(s) hereof is found to be invalid and/or unenforceable, then in such event the remainder
hereof shall remain in full force and effect.
21.Governing Law; Consent to Jurisdiction and Venue. These terms and conditions of service and the relationship of the parties shall be construed
according to the laws of the State of New York, without giving consideration to principles of conflict of law. Customer and Company
(a) irrevocably consent to the jurisdiction of the United States District Court and the State courts of New York;
(b) agree that any action relating to the services performed by Company, shall only be brought in said courts;
(c) consent to the exercise of in personam jurisdiction by said courts over it, and
(d) further to agree that any action to enforce a judgment may be instituted in any jurisdiction
These terms and conditions of service constitute a legally binding contract between the “Company” and the “Customer”. In the event the Company