Is the Parliament Set to Revolutionize Shipping Laws with the New Lading Bill?

Synopsis
Key Takeaways
- Modernizes shipping law by replacing the 169-year-old colonial act.
- Enhances trade facilitation for India's growing shipping sector.
- Aligns with international standards for maritime shipping.
- Empowers Central government to streamline implementation.
- Eliminates colonial legacy from existing shipping regulations.
New Delhi, July 21 (NationPress) On Monday, the Rajya Sabha approved the Bills of Lading Bill, 2025, which had previously been passed by the Lok Sabha in March. This significant step is aimed at replacing the 169-year-old colonial shipping law with a more streamlined and contemporary legal structure for shipping documentation.
The bill gained approval in the Upper House through a voice vote, notably in the absence of the Opposition, who chose to walk out during the post-lunch session.
In a move to bolster the nation's expanding shipping industry, Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, presented the bill for the Rajya Sabha's consideration and passage.
According to Sonowal, the new legislation will replace the Indian Bill of Lading Act 1856 with the Bill of Lading Act 2025. The proposed law is designed to provide a more modern and user-friendly framework for maritime shipping.
With both Houses of Parliament now having approved the Bill of Lading Act 2025, it is set to be sent to the President of India for her approval to become law.
The existing British-era law, which consists of only three sections, mainly governs the transfer of rights and confirms that goods have been loaded onto a vessel. Given the evolving shipping industry and changing global trade scenarios, there is a critical need for India to adopt a more comprehensive and user-friendly law that meets international standards.
The new Bills of Lading Bill, 2025, will not only rename the existing law but will also introduce several vital reforms. The aim is to simplify the language and reorganize provisions while retaining their original intent.
Additionally, the legislation empowers the Central government to issue directives to aid in implementing the law, along with incorporating a standard repeal and saving clause, thereby discarding the colonial legacy of the 1856 Act.
A bill of lading is a document issued by a freight carrier to a shipper, detailing the type, quantity, condition, and destination of the goods being transported.