Said to contain (STC)

Said to contain (STC),

Definition of Said to contain (STC):

  1. Bill of lading term that the carrier acknowledges the receipt of stated number of packages but is unaware of the exact nature, quantity, and/or value of their contents. This is an important issue because, in case of an insurance claim, the carriers liability (depending on the ruling convention, such as Hague-Visby or Hamburg) may be limited only to the number of packages (for which a standard compensation is paid) and not to the total value of the claim. Also called said to weigh (STW) or shippers load and count.

Meaning of Said to contain (STC) & Said to contain (STC) Definition