The Ministry of Shipping has published the draft of Coastal Shipping Bill, 2020 and has invited comments, which are to be submitted before 6th November 2020. The object of the bill is to consolidate and amend the regulatory framework for coasting trade and other activities in coastal waters of India in line with globalContinue reading “THE COASTAL SHIPPING BILL, 2020”
CHARTERPARTY Once a ship is built and manned, the next aim would be to put it to commercial use. The main agreements which are involved are charterparty, and ship management agreement. Charterparty is one of the most required contract in shipping business. Charterparty is nothing but a contract to rent/lease a vessel which is enteredContinue reading “From Ship Building Agreement to Ship Recycling Agreement – Part III”
When it comes to the life of a vessel, we can say it starts from an agreement of Ship Building and ends in the agreement for ship recycling. What are the essential provisions that must be included in a ship building agreement?
This post is inspired by Bharath Chugh’s A to Z of IBC. This is not an exhaustive list of words but a quick reference for those readers who are new to the Shipping industry. The attempt is to simplify the terms and make them sound easier than rocket science. Arrest – Arrest is an orderContinue reading “A to Z of Shipping Law”
All over India, various Courts are occupied with the question Whether the Shipping Lines are entitled to claim demurrage for the period of extended lockdown. There are Applications under Section 9, Arbitration and Conciliation Act, 1996 filed in High Court of Delhi, Writ Petitions filed in High Court of Kerala and other Courts are alsoContinue reading “Lockdown: Release of Cargo without Claiming demurrage”