Parliament passes legislation to modernise India's maritime laws, enhancing trade and efficiency
Parliament passed two key maritime legislations: The Carriage of Goods by Sea Bill, 2025, and The Merchant Shipping Bill, 2024. The Merchant Shipping Bill, 2024, replaces the outdated 1958 Act, aiming to align India's maritime legal framework with global standards and strengthen its position as a trusted maritime trade hub. The Carriage of Goods by Sea Bill, 2025, repeals the 1925 Act, simplifying maritime trade laws, reducing litigation risks, and enhancing transparency and commercial efficiency in cargo movement. These bills reflect the Modi government's push for modern shipping and double endorsement from Parliament.
Key Points
- Parliament passed two significant maritime legislations: The Carriage of Goods by Sea Bill, 2025, and The Merchant Shipping Bill, 2024.
- The Merchant Shipping Bill, 2024, replaces the Merchant Shipping Act of 1958, modernizing India's maritime legal framework.
- This legislation aims to align with global standards and establish India as a trusted maritime trade hub.
- The Carriage of Goods by Sea Bill, 2025, repeals the Indian Carriage of Goods by Sea Act, 1925, to simplify trade laws and reduce litigation.
- The overall objective is to enhance transparency and commercial efficiency in cargo movement by sea.
Exam Facts
- The Merchant Shipping Bill, 2024, replaces the Merchant Shipping Act of 1958.
- The Carriage of Goods by Sea Bill, 2025, repeals the Indian Carriage of Goods by Sea Act, 1925.
- Union Minister of Ports, Shipping and Waterways: Sarbananda Sonowal.
- Finance Minister Nirmala Sitharaman tabled Demands for Grants for Manipur for 2025-26.
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