Glossary of Terms - WXYZ

War Risk

Perils of war or warlike operations, such as capture, seizure, arrests, restraints of kings, princesses and people, hostilities, civil war, mines, torpedo's. War risks are not covered under a policy for marine perils and must therefore be covered under a separate policy or their own.

Warehouse Keeper

Party who takes responsibility for goods entered into a warehouse.

Warsaw Convention

The Convention for the Unification of Certain Rules Relating to International Carriage by Air, signed at Warsaw, 12 October 1929, or that Convention as amended by the Hague Protocol, 1955, stipulating obligations or parties and limitations and/or exonerations of carriers (air cargo).

Waybill

Non-negotiable document evidencing the contract for the transport of cargo.

Weight Tonne

A tonne of 1000 kilos.

York-Antwerp Rules

See General Average Act