Seas of Change: Understanding the New Bills to reshape Maritime Trade (Part – 1)

India, with its rich maritime history and 13 major and 217 minor ports handling 95% of its merchandise trade, has introduced new laws to modernize the maritime sector. The Coastal Shipping Bill, Carriage of Goods by Sea Bill, and Bill of Lading Bill of 2024 aim to streamline business operations, attract investment, and foster job creation. These reforms will enhance India's maritime capabilities and support its growth as a global maritime power.

Read the full article "Seas of Change: Understanding the New Bills to reshape Maritime Trade " authored by our Partner, Mustafa Motiwala; Associate Partner, Nihal Shaikh; and Associate, Nikhil Shirsekar published on Lexology.