20th Signature on Rotterdam Rules

Monday, October 26, 2009

The United Nations Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea, known as the Rotterdam Rules, has received its 20th signature just one month after it first opened for signature. Niger became the 20th signatory to the Rotterdam Rules.

The signing ceremony for the Convention was held in Rotterdam, the Netherlands, on 23 September 2009. Sixteen States signed the Convention on the opening day, making it the most successful of the conventions developed by the United Nations Commission on International Trade Law (UNCITRAL) so far in terms of signatures obtained on opening day.

The States signing the Convention upon its opening for signature in Rotterdam were: Congo, Denmark, France, Gabon, Ghana, Greece, Guinea, the Netherlands, Nigeria, Norway, Poland, Senegal, Spain, Switzerland, Togo and the United States of America. Joining the initial 16 States in signing the Convention since were: Armenia, Cameroon, Madagascar and Niger. The 20 signatories represent a mix of developing and developed countries, including several major trading and maritime nations. Together, the 20 represent over 25 per cent of current world trade volume according to the United Nations 2008 International Merchandise Trade Statistics Yearbook. The Convention needs 20 ratifications to enter into force.

The Rotterdam Rules were adopted by the General Assembly on 11 December 2008 to establish a uniform and modern global legal regime governing the rights and obligations of stakeholders in the maritime transport industry under a single contract for door-to-door carriage. The Convention builds upon, and provides a modern alternative to earlier conventions governing the international carriage of goods by sea, as well as codifying important industry practice. The Rules provide a legal framework that accounts for the many technological and commercial developments that have taken place in maritime transport since the adoption of the earlier conventions, including the growth of containerization, the need for door-to-door transport under a single contract of carriage and the development of electronic commerce.

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Suspected Migrant Smugglers Arrested

German police arrested three men on Wednesday suspected of belonging to an organised criminal group that smuggles people from Africa to the European Union.   Around 7,

US Navy Settles Environmental Violations

A settlement between the U.S. Environmental Protection Agency and U.S. Navy will help reduce potentially harmful discharges of ozone-depleting substances and ensure

Maersk Issues 'letter of undertaking' to Iran

Maersk Line said on Wednesday it had provided a letter of undertaking in relation to uncollected cargo that has led to the seizure by Iranian authorities of the vessel Maersk Tigris.

News

India, Iran Ink Port Deal Despite US Warning about Haste

India reached a deal on Wednesday to develop a strategic port in southeast Iran despite U.S. pressure not to rush into any such trade agreements before world powers

First Foreign Tanker Docks at Derna Since January Air Strike

Libya has persuaded a foreign shipper to send a tanker to the eastern port of Derna for the first time since a warplane belonging to the official government bombed

Blyth Workcats Delivers Aqualink

The first two-deck boat ever built by Blyth Workcats has recently been delivered to a customer in Belgium. The 18-meter Aqualink is the first Blyth Workcat to feature

 
 
Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1305 sec (8 req/sec)