Goods which get damaged or lost during transportation may occur and therefore the agreed Incoterms shall determine whether the seller or the buyer bears the risk during transport.
If a damage or loss occurs, the rules in NSAB 2000 regulate the responsibility of the forwarder. In connection with road transport, the forwarder’s responsibility is limited to 8.33 SDR (Special Drawing Rights) per kg – approx. 10 Euros per kg.
Please also note that the CMR law does not apply to national road transport.
The best financial protection and the simplest administrative procedure are obtained by taking out a transport insurance through Stokholm Transport A/S with the Danish insurance company Codan Forsikring.
Insurance Third-party logistics
All types of cargo stocked with Stokholm Transport A/S are insured pursuant to NSAB 2000. According to NSAB this insurance does not cover water damages, fire or theft. This must be insured by the customer, however, Stokholm Transport A/S can take out this insurance with Codan for you.