CMNI (inland waterway)

Budapest Convention on the Contract for the Carriage of Goods by Inland Waterway (CMNI, 2000)

Inland waterwayIn forceArticle 20

When it applies

Carriage of goods by inland waterway where the port of loading and the place of delivery are in two different states and at least one is a contracting state — the Rhine, the Danube and the European barge network.

Limit

Article 20

666.67 units of account per package or other shipping unit, or 2 units of account per kilogram of the weight stated in the transport document — whichever is higher. The same numbers as Hague-Visby.

Notice of loss

Article 23

Notice in writing at the latest at delivery where the damage is apparent; within seven consecutive days otherwise.

Time bar

Article 24

One year from the day the goods were delivered or should have been delivered.

When the limit is lost

Intent to cause the damage, or recklessness with knowledge of the probable result.

What the cap pays on a sample consignment

Applying the published limit to a sample consignment of 1,000 kg gross, 10 packages, invoice value US$120,000. The consignment is an illustration chosen so the arithmetic is checkable — it is not an average, a typical shipment or a measurement.

Invoice value
US$120,000
1000 kg, 10 packages
Carrier's maximum
6,666.7 SDR
Higher arm: per package
Cargo cover
The agreed insured value
Subject to the deductible and the policy terms

No conversion between SDR and any currency is shown. The International Monetary Fund revalues the SDR every business day, so a converted figure printed on a page is wrong by the time it is read.

What this means for cover

Barge legs are easy to forget when arranging cover, because they sit inside what everybody calls the sea leg. They are a separate contract under a separate convention.

Sources

This page summarises the instruments above. It is not the wording, and it is not legal advice. Where a summary conflicts with a convention text, a policy wording or a certificate, that document governs.

InsuranceScanner is an insurance intermediary, not an insurer — see the Terms for our role. Nothing here is a personal recommendation that a particular cover, sum insured or deductible is suitable for you. Where anything on this page conflicts with the certificate, policy schedule or wording issued by an insurer, that document governs.