What is the Amendment of the Law of Carriage of Goods by Sea? In accordance with subsection 1(2) of the law of Carriage of Goods by Sea (Amendment) Act 2020 [ hereafter known as Act A1613], the Minister of Transport has appointed 15 July 2021 as the date for Act A1613 to come into operation….

What is the nature of Admiralty Jurisdiction in Malaysia? Malaysian Admiralty Jurisdiction is derived from the class of actions available within Sections 20 to 24 of the UK Senior Courts Act 1981 via section 24(b) of the Court of Judicature Act 1964. Apart from this the admiralty jurisdiction of Malaysia is also entrenched in section…

What is a Letter of Credit and its function? A letter of credit is a form of a documentary credit used in international trade. A letter of Credit comes into the picture when the buyer instructs its bank to issue a letter of credit to the seller whereby the bank undertakes to make payment to…

What is the source of Marine Insurance law in Malaysia? Malaysian marine insurance legal jurisprudence is covered by the Marine Insurance Act of 1906 which was recently amended by the Insurance Act 2015 (both being UK Statutes). This act is applicable in Malaysia by application of sections 3 and 5 of the Civil Law Act…

What is the source of law for carriage of goods by sea in Malaysia? In Malaysia, carriage of goods by sea is governed by the Carriage if Goods By Sea Act 1950. This Act adopted most of the Hague Rules 1924. It applies to all goods shipped out of any ports in Peninsular Malaysia. The…

What is the source of law for cargo claims for goods carried by sea in Malaysia? In Malaysia, cargo claims by sea are governed by the contract provided by a Bill of Lading subject to the Hague and Hague-Visby Rules. Apart from this, they are also governed by way of bailment, negligence, and conversion. A…