Bill of lading — clause paramount — agreement for limitation figure

Cargo was shipped under a bill of lading for carriage from Belgium to the Yemen. It included the following clause:

‘Paramount Clause: the Hague Rules contained in the International Convention for the Unification of certain rules relating to Bills of Lading, dated Brussels 25 August 1924 as enacted in the country of shipment, shall apply to this contract. When no such enactment is in force in the country of shipment, the corresponding legislation of the country of destination shall apply, but in respect of shipments to which no such enactments are compulsorily applicable, the terms of the said convention shall apply.’ …

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