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Merchant Shipping Bill 2020: a work in progress | Hellenic Shipping News Worldwide


Merchant Shipping Bill 2020: a work in progress
The draft Merchant Shipping Bill was published in 2021 for comment and was designed to replace the 1951 Act which has grown into a very cumbersome piece of legislation as technology and shipping have developed. The Department of Transport is in the process of considering comments and input received and other submissions made during the course of the year. The Bill will then be scrutinised by state law advisers before being submitted to cabinet for approval and, ultimately promulgated by parliament as the new Merchant Shipping Act.
The Bill does require updates to 60 odd sets of regulations and requires new regulations dealing with South Africa’s recent accession to the Nairobi Wreck Removal Convention and various green legislation relating to the reduction of sulphur and other harmful emissions. Despite the pandemic, the director of the Department of Transport’s legislative programme, Mr Dumisani Ntuli, is confident that ....

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TV and home appliances prices in India set to increase by 10 per cent from January


TV and home appliances prices in India set to increase by 10 per cent from January
TV and home appliances prices in India set to increase by 10 per cent from January
The cost of televisions, refrigerator and other home appliances can go up by as much as 10 per cent, in the second week of January, due to the rise in cost of input materials like copper, aluminium and steel and increase in ocean and air freights charges.
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UPDATED: December 29, 2020 15:46 IST
Almost all the major brands have either decided to hike the price or are mulling over it.  
HIGHLIGHTS
All manufacturers likely to increase prices in January. ....

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Persistently tight containers market expected into 2021 as contract talks evolve

Persistently tight containers market expected into 2021 as contract talks evolve
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Shipping lines accuse Indian government of interference in rates


Photo: Raj Rana - Unsplash
Shipping lines have complained that a new law proposed by India’s Shipping Ministry that pushes for greater transparency on ocean pricing amounts to “government interference”.
The new legislation – Merchant Shipping Bill (MSB) 2020 – is meant to replace existing policies that were enacted several decades ago under the Merchant Shipping Act (MSA) 1958. The MSA is set to be repealed.
The policymakers have set the stage for a regulatory framework to create greater transparency into ocean carrier pricing for export-import and domestic cargo transportation – an issue that has historically been complex and acrimonious.
“Every service provider or agent, in respect of any Indian ship or other ship operating in coastal waters, in relation to import, export or domestic transportation, shall specify the all-inclusive freight in the bill of lading or any other transport document, in such mode and mann ....

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