Rotterdam Rules: A Practical Annotation
Limits of Liability
Article 59. Limits of liability
The liability of the carrier1 arising from breach of its obligations under the Rotterdam Rules is limited unless the value of the goods has been declared by the shipper and has been included in the contract particulars2 or a higher amount has been agreed between the carrier and the shipper. The declaration must be in writing in accordance with Article 3. If such a declaration has been made the liability of the carrier is not limited under this article.