Panalpina can, by no means, be liable for the loss or damage occurred to the goods, if occasioned by one or more of the following circumstances:
a) the negligence of the client or his authorized representative.
b) the lack of, or defective condition of packing, markings or stowage, insofar as Panalpina has not executed the packing, markings or stowage. Panalpina shall also have no liability for the packing of the goods, of which it could not verify the contents.
c) war, rebellion, revolution, insurrection, usurped power or confiscation or nationalization or requisition by or under the orders of any government or public or local authority.
d) damages caused by nuclear energy.
e) natural disasters.
f) acts of God.
h) circumstances which Panalpina could not avoid and the consequences of which were unable to be prevented.
Panalpina can, by no means, be liable if the goods have been handled by the client or his representative.
Panalpina shall not be liable for consequences of loading and unloading operations which it has not performed.
Panalpina shall not be liable for appreciation of lost or damaged goods.
Panalpina shall not be liable in respect of any consequential loss or damage, such as loss of profit, loss of client, claims for losses due to depreciation and conventional fines.