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Dizon Marlaw QZ2
Dizon Marlaw QZ2
BSMT 33-A1
MARLAW
Explain the impact of these various laws to the Shipping industry development. -
Admiralty Law, Admiralty Practice and Procedure, Maritime Labor Law, Maritime
Environmental Law, and International Maritime Law.
1. Admiralty Law
Admiralty law, commonly referred to as maritime law, is the cornerstone of the
regulatory framework for the shipping sector. It sets rules for navigation, ship ownership,
at-sea collisions, salvage, and shipwrecks. Establishing the accountability and
compensation systems for accidents and damages at sea is one of its major effects on
the shipping sector. This promotes industry trust by giving shipowners and operators
certainty and stability.
These laws and rules collectively make a substantial contribution to the growth of
the maritime industry:
Safety: Admiralty Law and Safety of Life at Sea (SOLAS) agreements impose strict
safety requirements, lowering the likelihood of maritime mishaps and incidents—a
requirement for preserving the public's confidence in maritime transit.
Labor Standards: The maritime labor law promotes a stable and motivated workforce,
which is essential for the long-term survival of the business. It also protects the rights
and well-being of seafarers.
Global Trade: International Maritime Law establishes a unified legal framework for
international trade, facilitating the seamless movement of products across borders.