Continuity bond for foreign transit secures carrier liability for manifest discrepancies, unaccounted goods, and losses during transit. Continuity Bond for transit through foreign territory secures compliance by an authorised carrier transporting coastal goods between specified ports ... Summary
Continuity bond for foreign transit secures carrier liability for manifest discrepancies, unaccounted goods, and losses during transit.
Continuity Bond for transit through foreign territory secures compliance by an authorised carrier transporting coastal goods between specified ports through foreign territory. Liability arises where containers returned at the destination differ from their manifest description, their contents are wrongly described, or the goods are not satisfactorily accounted for. The carrier must, on demand, pay the value of goods and any adjudged penalty, with bond dues recoverable through the statutory customs recovery mechanism.
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