Merchant Shipping Bill, Carriage of Goods by Sea Bill passed

The Merchant Shipping Bill 2024 was introduced by the Union Minister Sarbananda Sonowal.

Provisions:

• Aligns Indian laws with global conventions like the Wreck Removal Convention and the International Convention for the Prevention of Pollution from Ships (MARPOL).

• Widens ownership eligibility rules so more entities can own vessels and participate in maritime trade.

• Replaces the old Merchant Shipping Act of 1958.

• Establishes transparent procedures for investigating marine accidents.

The Carriage of Goods by Sea Bill swaps the Indian Carriage of Goods by Sea Act, 1925.

Provisions:

• Modernises the maritime law governing domestic and international cargo movement from Indian ports.

• Aligns Indian maritime laws with the global conventions, especially the Hague-Visby Rules, followed by the UK and other countries.

• Redefines the duties, liabilities, rights, and immunities of carriers and shippers.

• Empowers the central government to govern its implementation.

• Amends Bills of Lading schedules.

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