The liability of cargo transportation service providers is typically limited:
In air freight the carrier’s liability is up to 19.00 SDR per gross kg
In ocean freight the carrier’s liability is up to 2.00 SDR per gross kg
In road freight the carrier’s liability is up to 8.33 SDR per gross kg
1 SDR = ca. 1,2881eur basing on Nov. 2015
However, in the event of a loss or damage these limitations are often not representative of the actual value of the goods.
Due it is impossible to foresee all risks that accompany shipment on its way, it is strongly recommended to use full cargo insurance.
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