Sunday, July 27, 2008

Carriage of Goods by Sea

This act was introduced after many shipping conference were held in Brussels among various European nations interested in shipping transportation and it was finally formulated and termed as the Carriage of Goods by Sea Act 1924. The American Carriage of Goods by sea Act (COGSA) was passed in 1936 and is the counterpart of the 1924. It contains six sections and is subdivided into nine Articles.
The object this act is that carriers and shippers are bound by the Bill of Lading, q.v., covering both the shippers and the carriers with responsibilities and exceptions in the course of the carriage of cargo from one port to another.
Carrier definition
1. In the Carriage of Goods by Sea Act 1924, q.v., the word carrier is defined as the owner or the charterer or whoever enters into a contract with the shipper/s for transportation of merchandise
2. Airline or aircraft.
Carrier’s Lien as the ship-owner’s right to withhold cargo from being delivered to the consignee, q.v., as a guarantee against the collection of freight q.v., and other charges for the shipment.
Shipper: A person or company who enters into a contract with a liner conference, shipping line or shipowner for the carriage of good,.
Consignee: The receiver of the merchandise.
Liner: A cargo-carrying ship which is operated between schedule, advertised port of loading and discharge on a regular basis.

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