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August 9, 2024 3:41 PM

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Carriage of Goods by Sea Bill Introduced in Lok Sabha

The Carriage of Goods by Sea Bill was introduced in the Lok Sabha today by the Minister of Ports, Shipping, and Waterways Sarbananda Sonowal. The bill aims to modernize and update the legal framework governing the responsibilities, liabilities, rights, and immunities of carriers involved in the sea transport of goods.

 

Key points of the bill include:

 

Replacing the Indian Carriage of Goods by Sea Act, 1925, which is nearly a century old.

 

Empowering the government to issue directives to ensure compliance with international conventions and adapt to the evolving global maritime landscape.

 

The Minister highlighted the necessity of these updates to address current industry practices and international standards.