2) If the shipper did not declare the car value (HK$200,000) in the bill of ladings (BL), what is the carrier's liability under 'the Hamburg Rules'. (show your calculation)

Question 8 (6 marks) Carrier caused cargo loss (The container contained only one car valued HK$200,000) for reasons not mentioned under Article IV(2) under the HVR. The weight of car was about 800 kilo. The value of the container was HK$40,000. The court found that the carrier has provided a seaworthy ship at the beginning of the voyage