Merchant may arrange for haulage on account and risk of cargo, subject to deposit and conditions as listed below:
All costs, risks and responsibilities until return of containers to the carriers stack will be on account of Merchant.
Merchant undertakes to return empty containers to Maersk in good condition.
Maersk has the right to claim all costs which are incurred on containers damaged while under the care and responsibility of Merchant.
These charges will be based on Maersk’s claim, which will have to be paid by Merchant prior to return of deposit.
Containers not returned to Maersk’s possession within 60 days will be deemed as lost and Maersk is authorized to realize the proceeds from the security deposit.
Additionally, Merchant agrees to pay Demurrage and Detention charges as applicable as per Maersk tariff.