7/25/2019 Cokaliong Shipping vs. UCPB

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Limiting the Amount of Liability

Cokaliong Shipping vs. UCPB

December 11, 1991: Nestor Angelia (shipper and

consignee) delivered to the petitioner Edgar

Cokaliong Shipping ines, !nc" (no# Cokaliong

Shipping ines), a cargo consisting o$ one (1)

carton o$ Christmas decor and t#o (%) sacks o$

plastic to&s, to be transported on board the '

*andag $rom Ceb+ Cit& $or *andag, S+rigao del

S+r" *his cargo is +nder ill o$ ading No" -., in

the amo+nt o$ /0,-""

2osimo 'ercado (another shipper and consignee)like#ise delivered cargo to petitioner consisting o$

t#o (%) cartons o$ plastic to&s and Christmas

decor, one (1) roll o$ 3oor mat and one (1) b+ndle

o$ vario+s or assorted goods" *his is +nder ill o$

ading No" -9, val+ed in the amo+nt

o$ /14,"

5eliciana egaspi (o#ner o$ the goods) ins+red

the cargo, covered b& 6 Nos" -9 and No" -.,#ith the 7C/ 8eneral !ns+rance Co",

!nc", respondent" No" -9 #as ins+red $or

/1, #hile No" -. $or /-," ;Note that

both amo+nts are $ar $rom the act+al and

declared val+e in the 6s iss+ed b& Cokaliong

A$ter the vessel had passed b& the 'anda+e