31 Maret 2020

[310320.EN.BIZ] CEVA Logistics Declares 'Force Majeure' Freeing It From Obligations


ONCE Dutch, now Swiss-based but French-owned CEVA Logistics has declared a "Force Majeure", freeing it from contractual obligations it deems it "impossible or impracticable" to fulfill in light of the coronavirus epidemic, the company has announced.

"Having declared Force Majeure, CEVA Logistics reserves the right to modify all or part of its services, to change its working procedures and any previously agreed rates and prices, to levy surcharges, or otherwise to take any measures necessary to adjust its business operations and its obligations to its customers, suppliers and other stakeholders, in response to the prevailing circumstances," said the company, now a subsidiary of French shipping giant CMA CGM.

This applies to all CEVA services, including but not limited to its air freight, ocean freight, ground freight, rail, customs brokerage and contract logistics businesses, the company said.

"The serious health risks to which all stakeholders are being subjected, are creating constant obstacles to our activities in all affected countries," said the CEVA statement.

"The virus and the necessary response measures being taken by governments are entirely outside the control of CEVA Logistics. As they were unforeseeable, they fall within the definition of 'Force Majeure' - the principles of which are universally recognized in business, and enshrined in law," said CEVA.

Source : HKSG.

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