May we refer to the above captioned claim and our telephone conversation. Yesterday we have reviewed the original documents from our surveyor. We noted that the surveyor found 13 pallets with water traces within the plastic shrinkwrap and the wooden bases with fungus/mould. Our surveyor took random samples of the wet cargo and found the wetting was caused by rain/fresh water.
However, the surveyor has negotiated with the consignee to reduce such losses, the consignee has agreed to a 50% depreciated value of 6,500 sheets in order to mitigate the loss and try to use the cargo as lower grade product.
We are pleased to propose our claim calculation as follows ;