(1) The freight is payable on delivery of the goods. In addition to the freight, the carrier is entitled to be reimbursed for their expenditures insofar as these were incurred in the interests of the goods and the carrier could reasonably regard them as necessary in the circumstances.
(2) The entitlement to freight will lapse should it be impossible to perform the carriage. If the carriage is terminated prematurely due to an obstacle to carriage or delivery, then the carrier will be entitled to a pro-rata share of the freight for the completed part of the carriage, provided said partial carriage was of interest to the shipper.
(3) Notwithstanding subsection (2), the carrier will continue to be entitled to payment of freight if the carriage becomes impossible for reasons with the sphere of risk to be borne by the shipper, or for reasons arising at a point in time at which the shipper is defaulting on acceptance. However, the carrier must accept that any savings, or any monies they have earned, or have failed, in bad faith, to earn, are set off from this amount.
(4) If, for reasons within the sphere of risks to be borne by the shipper, delay occurs after the start of carriage and prior to arrival at the discharging wharf, then the carrier will be entitled to reasonable remuneration in addition to the freight.
(5) If the freight is agreed by reference to the number, weight or quantity otherwise expressed of the goods, then it will be presumed for the purpose of calculating the freight that the statement in the sea waybill or bill of lading made in this regard is correct; this presumption will apply even if such statement is accompanied by a reservation justified by the indication that there had been no reasonable means of checking the accuracy of the information.