India, March 10 -- The Government of India issued the following news release:
In an effort to support the country's growing shipping sector, the Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal introduced the Bills of Lading Bill, 2025, which aims to update and simplify the legal framework for shipping documents. The proposed legislation will replace the colonial-era Indian Bills of Lading Act, 1856, providing a more modern and user-friendly approach to maritime shipping. The Lok Sabha passed the Bills of Lading Bill, 2025 modernising the 169 years old colonial shipping law.
The current law, a brief three-section act, primarily governs the transfer of rights and confirmation that goods were loaded onto a vessel. With...