Common use of Cargo Clause in Contracts

Cargo. the movable property in the possession of the carrier, which is transported from one point to another. Goods being sold or purchased or any other movable property for the transportation of which the policyholder has entered into a contract of carriage can be cargo. Packaging and labelling is included in cargo.

Cargo. the movable property in the ownership or possession of the carrierpolicyholder, which is transported from one point to another. Goods being sold or purchased or any other movable property for the transportation of in which the policyholder has entered into a contract of carriage an insurable interest can be cargo. Packaging and labelling is included in cargo.