Once enacted, it will replace the 169-year-old colonial-era Indian Bills of Lading Act, 1856, establishing a simplified and globally aligned legal framework for maritime shipping documentation in India. In a significant boost to India’s ports and shipping sector, the Rajya Sabha passed the Bills of Lading, 2025, on the first day of its monsoon session...
Tag: carriers
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AAI, RIL to form JV for jet fuel supply
To supply jet fuel to carriers at reduced prices, Airports Authority of India (AAI) will form a joint venture (JV) with local airlines and oil companies and Reliance Industries (RIL) will be a part of it, AAI's Chairman VP Agrawal said on April 16. The Airports Authority of India will own a 13 per cent stake in the JV and the rest will be held by oil companies and airlines, he said.