General Framework of International Carriage of Goods
The international movement of goods is generally regulated by international agreements or conventions.
The growth of competition among carriers and means of transport globally has led to a reduction in the scope of legislation in a number of countries, but international conventions and administrative regulations have proliferated.
The right to carry on a transport business is still everywhere regulated through elaborate licensing systems by the respective bodies at National, regional and international level, and the operations of transport are subject to continuous supervision and control by appropriate agencies.
Contract of carriage
A contract of carriage must be entered in order to ensure seamless transport of goods from one place to another.
Carriage is simply defined as the transportation of goods or cargo from one location to another..
A carriage of goods contract is the legal document entered between a carrier and a sender (or consignor) where the carrier undertakes to move goods in return for payment to another person, usually the receiver (or consignee).
Parties In Carriage Of Goods Contract
Consignor– This is the person or firm that ships goods or gives goods to another party for care.
Consignee– The consignee is the importer of record for the shipment.
Owner of cargo-The owner of the cargo would literally mean the owner of the freight.
Financing Companies– These are companies that provide finances to facilitate international sale transactions generally using letters of credit
Intermediaries-Transport intermediaries or third-party logistics companies may be parties to shipping, warehousing, distribution and other movements of goods on behalf of goods providers and shipping companies.
Ship owner-The ship owner is simply the owner of the ship carrying the cargo.
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