General Principles of Transport Law and the Rotterdam Rules
1 Background The long-awaited and much-anticipated “United Nations Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea”, which will be known as the “Rotterdam Rules”, was formally adopted by the U.N. General Assembly on 11th December 2008. It has been open for signature since 23rd September 2009 (when the first sixteen nations signed the Convention at the formal signing ceremony in Rotterdam). This new convention represents the culmination of 8 years of intensive work by the U.N. Commission on International Trade Law (UNCITRAL) and its Working Group III on Transport Law, which followed almost 4 years of preparatory work by the Comite´ Maritime International (CMI). It will enter into force after twenty countries have ratified it. Several countries are already well advanced in the ratification process, including the United States. As this paper goes to press, however, it appears that Spain is the closest to ratifying the new convention. The…
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