Sisco Systems is a security equipment developer and manufacturer based in Melbourne. In January, Babko, a Japanese company ordered 2000 Sisco Complete Security Systems. The total purchase price for the systems was AUD $1 million CIF Tokyo. Sisco employees packed the systems into two containers for carriage to Tokyo on board 'The Lively', a ship owned and operated by Teppi Shipping Inc. The master of The Lively issued Sisco a clean bill of lading on behalf of Teppi Shipping, which Sisco forwarded to Babko, along with other necessary documents, for payment. The Lively departed Melbourne on the 1 st March. However, only two days into the journey the ship's navigation systems failed. Consequently, the ship struck submerged rocks and the force of impact dislodged a number of containers, which fell overboard. On arrival it was discovered that one of the containers lost overboard was destined for delivery to Babco. Is Teppi Shipping liable for the loss of Sisco's container? Advise Babko