Admiralty/Maritime & Shipping Law

As a Developing Country, Bangladesh is rapidly growing in various industrial sectors. The mandate of the current government of Bangladesh is to be a developed country by 2050. To facilitate the process, the government has created multiple Special Economic Zones and is providing incentives to business corporations. To intensify the development, Govt. has given special significance to the import and export of goods and materials, in and out of the Country. Since the easiest cost-effective mode of transportation for these businesses is by way of the sea, the Govt. has installed a new Deep Sea Port- “Payra” on the Bay of Bengal. Bangladesh is a maritime nation with a 1,66,000 sq. km area of sea, and an abundance of living and non-living resources. There are more than 200 rivers all around the country, with a total length of about 22,155 km, which occupy about 11% of the total area of the country. Here rivers and water transports play a vital role in economic and commercial activities in Bangladesh. Major exports and imports of Bangladesh (about 85%) are also traveled by sea. The famous port of ‘Patenga’ was listed by Lloyd’s List, the leading and the oldest source for the Maritime industry, as the 76th busiest port in the world. It was noted that despite a worldwide decline in the volume of shipments, the volume of containers carried through this Bangladeshi port actually increased in 2015, hitting over 2.02 million containers in that year. The increase was 17% more in comparison to the previous year. In 2016, by the end of August, the port saw the carriage of 15.5 million containers, expected to reach 2.32 million by the end of the year. The increase in the volume of shipping activity is a direct indication of the development of the economy as the export-import of industries within the country largely depends on shipment. The statistics clearly suggest that businesses are expanding fast in Bangladesh. Consequently, the Maritime and Shipping industry, along with the legal practice related to Admiralty matters, are flourishing in Bangladesh.  

At A.S & Associates, we have the necessary expertise for your legal needs in this sector. We offer practical advice and act as an advocate in both ‘dry’ and ‘wet’ shipping works, which include but are not limited to any kind of dispute in relation to international sales contracts, charter party disputes, bill of lading disputes, any mortgage or charge of the ships or their shares, marine insurance claims, cargo claims, collision and salvage related issues, etc.