MARINE INSURANCE

Evening Post, Volume CXXXV, Issue 66, 19 March 1943, Page 3

MARINE INSURANCE

SURCHARGE AGREEMENT

Advices have been received from London that a new marine surcharge agreement has been adopted to apply to all sailings on and after April 15. The new agreement embraces the present marine surcharge, the current wartime extension clause, and also the new free of capture and seizure clause. Transhipping by vessels other than sailers is covered.

The rates for the principal voyages are provided under four categories, as follows: —(1) Free of particular average or with average; (2) F.P.A. or W.A., including theft, pilferage, non-delivery, short delivery, and shortage; (3) fuller conditions, excluding theft, pilferage, non-delivery, short delivery, and shortage; (4) fuller conditions, including theft, pilferage, non-delivery, short delivery, and shortage, and are set out in that order, per cent, in each case.

United Kingdom or U.S.A. or Canada or South America Pacific, to or from Australia or New Zealand, 13s, 18s 6d, 17s, 22s Gd ; New Caledonia, New Hebrides, Fiji, 15s, 2t& 6d, 20s, 27s 6d. Mexico, Central America, to or from Australia or New Zealand, 21s, 34s Cd, 2!)s, 42s 6d; New Caledonia, New Hebrides, Fiji, 23a, 38s 6d, 325, 47s 6d. West Indies, South America, Atlantic, to or from Australia or New Zealand, 10s 6d, 15s. 13s 6d, 17s 6d; New Caledonia, New Hebrides, Fiji, 12s 6d, 19s, 16s 6d, 22s 6d.

India and Ceylon, to or from, Australia or New Zealand, 11s 6d, 17s, 15s, 20s.

Australia, New Zealand, to or from SouthEast Africa, South of Equator, 9s 6d, 13s, 12s, 15s; East Africa, north of Equator, 16s, 24s 6d, 21s 6d, 30s; Aden, Red Sea, Persian Gulf, 16s, 24s 6d, 21s 6d, 30s; Alexandria, Port Said, Suez, 24s 40s Cd, 33s Gd, 50s; Levant, 325, 56a 6d, 45s 6d, 70s; Turkey, 30a, 61s 6d, 51s Gd, 80s; West Africa, lls Gd, 17s, 15s, 20s; New Caledonia, New Hebrides, Fiji, 7s, 10s 6d, 9s 6d. 12s 6d.

Australia or coastal, 4s 6d, 6s 6d, 53 6d, 7s 6d.

Australia, to or from New Zealand, ss, 83, 7s, 10s.