India Advances Maritime Regulation with New Bill

The Lok Sabha has passed the Carriage of Goods by Sea Bill, 2024, aiming to align with international maritime conventions and adapt to global shipping industry changes. The legislation clarifies the responsibilities, liabilities, rights, and immunities of maritime carriers.

The Lok Sabha has approved the Carriage of Goods by Sea Bill, 2024, seeking compliance with international maritime conventions and reflecting the evolving landscape of the shipping industry. The bill was passed on Friday following a voice vote.

This legislative measure defines the responsibilities, liabilities, rights, and immunities of those involved in the business of sea transport. By addressing these key aspects, it aims to bring Indian maritime law in line with international standards.

The bill marks a significant step forward for India, ensuring that its laws are adapted to meet modern requirements of global trade and shipping efficiency.

(With inputs from agencies.)