This Photo by Unknown Author is licensed under CC BY-NC-ND
CARRIAGE GOOD
BY SEA
This Photo by Unknown Author is licensed under CC BY-SA-NC
INTRODUCTION
• The law relating to the carriage
of goods by sea is contained in
bill of landing Act,1856 and
carriage of goods by sea
Act,1925
CONTRACT OF
AFFREIGHTMENT
• A contract of affreightment is an
arrangement between a shipowner
and charterer in which the shipowner
promises to convey a set quantity of
cargo for the charterer over a specific
time period.
• The charterer is required to pay the
freight whether the items are ready
for shipping or not under this
arrangement.
Charter Party
• A charter party is a written
agreement for the hire of the
entire ship or a portion of it for
the purpose of transporting
commodities. The charterer is
the individual who rents the ship.
KINDS OF CHARTER PARTY
Voyage • When the ship is chartered for a particular voyage is called voyage charter party.
Time
• A any cargo, subject to legal restrictions. time charter, as opposed to a voyage
charter, is a time-bound agreement. The shipowner leases a vessel to a charterer for
a set duration of time, during which time they are free to sail to any port and transport
Demise
• Demise charter, also known as bareboat charter, happens when an owner hires or
leases the vessel to a charterer, who then provides the crew, stores, and bunkers, as
well as paying for all operational costs.
CLAUSES OF
CHARTER
PARTY NAME OF
PARTIES AND
SHIP
CLASS OF
CHARTER PARTY
CLASS OF SHIP PORT OF
LANDING
FULL AND
COMPLETE
CARGO
LAW OF
MERCHANDISE
PAYMENT OF
FREIGHT
IMPLIED
WARRANTIE
S
Examples:
The implied
merchantability
warranty (only given
by merchants).
The implied guarantee
of fitness for a specific
purpose.
The implied
warranty of title.
An implied warranty is a legal phrase
for guarantees that a product is fit for
the use for which it is intended and
that it merchantable, i.e., corresponds
to an ordinary buyer's expectations.
MATE’S RECEIPT
• A mate receipt is a receipt given by the
ship's commanding officer after cargo is
loaded on board that includes information
like the name of the vessel, berth, date of
shipping, description of packages, marks
and numbers, and the condition of the
cargo at the moment of receipt on board
the ship.
BILL OF LADING
• A bill of lading is a document issued by master
of the ship or ship owner or other agent in
exchange of mate’s receipt after the goods are
placed on broad the ship.
KINDS OF
BILL LADING
Clean bill of lading
• A clean bill of lading is a document that
certifies that no goods were damaged or
lost during transit.
Qualified bill of lading
• A qualified bill of lading is one that states
in the bill of lading that the goods received
are in poor condition.
Through bill of lading
• A through bill of lading is a legal document
that allows products to be moved both
nationally and internationally.
DUTIES OF
CARRIER BY
SEA
• It is the shipping company's responsibility to
inspect the ship's fitness before to departure. It
should be managed properly by qualified staff.
All of the ship's sections must be inspected.
Ship Must Be Seaworthy
• It is the incharge of the ship's responsibility to
issue the bill of lading upon the delivery of
commodities.
Issuance Of Bill Of Lading
• It is the shipmaster's responsibility to take
reasonable care of the commodities during the
trip.
Safety Of Goods
LIABILITIES OF
THE CARRIER
BY SEA
• If the loss occurs due to the negligence of the shipping company to the goods
delivered for carriage. The shipping company is liable for that damage or loss
1. Negligence Liability
• In the event of loss or damage, the shipping business is accountable if the suit for
loss recovery is filed within one year. After one year, no legal action can be taken
against the shipping firm.
Liable Upto One Year
• In most cases, the transportation company is liable for the minimum value liability.
However, there are situations where both parties agree on maximum liability.
Liability Of Maximum Value
• The shipping business is not responsible for any loss or damage to goods whose
value hasn't been recognized by the owner.
Value Not Declared
• If the shipper misrepresents the worth of the commodities, the shipping company is
not responsible about any loss or damage.
Misstatement About The Value
• If the shipper fails to declare the nature of the goods, the carrier cannot be held
liable.
Nature Of Goods Not Declared
Carriage Good by Sea.pptx

Carriage Good by Sea.pptx

  • 1.
    This Photo byUnknown Author is licensed under CC BY-NC-ND
  • 2.
    CARRIAGE GOOD BY SEA ThisPhoto by Unknown Author is licensed under CC BY-SA-NC
  • 3.
    INTRODUCTION • The lawrelating to the carriage of goods by sea is contained in bill of landing Act,1856 and carriage of goods by sea Act,1925
  • 4.
    CONTRACT OF AFFREIGHTMENT • Acontract of affreightment is an arrangement between a shipowner and charterer in which the shipowner promises to convey a set quantity of cargo for the charterer over a specific time period. • The charterer is required to pay the freight whether the items are ready for shipping or not under this arrangement.
  • 5.
    Charter Party • Acharter party is a written agreement for the hire of the entire ship or a portion of it for the purpose of transporting commodities. The charterer is the individual who rents the ship.
  • 6.
    KINDS OF CHARTERPARTY Voyage • When the ship is chartered for a particular voyage is called voyage charter party. Time • A any cargo, subject to legal restrictions. time charter, as opposed to a voyage charter, is a time-bound agreement. The shipowner leases a vessel to a charterer for a set duration of time, during which time they are free to sail to any port and transport Demise • Demise charter, also known as bareboat charter, happens when an owner hires or leases the vessel to a charterer, who then provides the crew, stores, and bunkers, as well as paying for all operational costs.
  • 7.
    CLAUSES OF CHARTER PARTY NAMEOF PARTIES AND SHIP CLASS OF CHARTER PARTY CLASS OF SHIP PORT OF LANDING FULL AND COMPLETE CARGO LAW OF MERCHANDISE PAYMENT OF FREIGHT
  • 8.
    IMPLIED WARRANTIE S Examples: The implied merchantability warranty (onlygiven by merchants). The implied guarantee of fitness for a specific purpose. The implied warranty of title. An implied warranty is a legal phrase for guarantees that a product is fit for the use for which it is intended and that it merchantable, i.e., corresponds to an ordinary buyer's expectations.
  • 9.
    MATE’S RECEIPT • Amate receipt is a receipt given by the ship's commanding officer after cargo is loaded on board that includes information like the name of the vessel, berth, date of shipping, description of packages, marks and numbers, and the condition of the cargo at the moment of receipt on board the ship.
  • 10.
    BILL OF LADING •A bill of lading is a document issued by master of the ship or ship owner or other agent in exchange of mate’s receipt after the goods are placed on broad the ship.
  • 11.
    KINDS OF BILL LADING Cleanbill of lading • A clean bill of lading is a document that certifies that no goods were damaged or lost during transit. Qualified bill of lading • A qualified bill of lading is one that states in the bill of lading that the goods received are in poor condition. Through bill of lading • A through bill of lading is a legal document that allows products to be moved both nationally and internationally.
  • 12.
    DUTIES OF CARRIER BY SEA •It is the shipping company's responsibility to inspect the ship's fitness before to departure. It should be managed properly by qualified staff. All of the ship's sections must be inspected. Ship Must Be Seaworthy • It is the incharge of the ship's responsibility to issue the bill of lading upon the delivery of commodities. Issuance Of Bill Of Lading • It is the shipmaster's responsibility to take reasonable care of the commodities during the trip. Safety Of Goods
  • 13.
    LIABILITIES OF THE CARRIER BYSEA • If the loss occurs due to the negligence of the shipping company to the goods delivered for carriage. The shipping company is liable for that damage or loss 1. Negligence Liability • In the event of loss or damage, the shipping business is accountable if the suit for loss recovery is filed within one year. After one year, no legal action can be taken against the shipping firm. Liable Upto One Year • In most cases, the transportation company is liable for the minimum value liability. However, there are situations where both parties agree on maximum liability. Liability Of Maximum Value • The shipping business is not responsible for any loss or damage to goods whose value hasn't been recognized by the owner. Value Not Declared • If the shipper misrepresents the worth of the commodities, the shipping company is not responsible about any loss or damage. Misstatement About The Value • If the shipper fails to declare the nature of the goods, the carrier cannot be held liable. Nature Of Goods Not Declared