Categories: National

Shipping Minister launches ‘SAROD-Ports’ for disputes of maritime sector

Union Minister Mansukh Mandaviya has launched a dispute redressal mechanism named “SAROD-Ports” (Society for Affordable Redressal of Disputes-Ports) to facilitate affordable and timely resolution of disputes for the maritime sector.

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About SAROD-Ports:

SAROD-Ports will advise and assist in settlement of disputes through arbitrations in the maritime sector, including ports and shipping sector in Major Port Trusts, Non-major Ports, including private ports, jetties, terminals and harbours.
The mechanism is similar to provision available in the highway sector in the form of SAROD-Roads constituted by NHAI. It has been established under the Societies Registration Act, 1860 for affordable and timely resolution of disputes in a fair manner.
SAROD-Ports will resolve the disputes in fair and just manner while saving a huge amount of legal expenditure and time.
SAROD-Ports will inspire confidence among private players working with major ports and will ensure the right kind of environment.
It will promote ease of doing business in the maritime sector because of the fast, timely, cost-effective and robust dispute resolution mechanism.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.