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SAROD-Ports Launched By Shipping Ministry

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SAROD-Ports Launched By Shipping Ministry

Union Minister of State for Shipping Shri Mansukh Mandaviya today launched ‘SAROD-Ports’ (Society for Affordable Redressal of Disputes – Ports) through a virtual ceremony today in New Delhi.

Speaking at the launching, Shri Mansukh Mandaviya termed SAROD-Ports as a game-changer and added that it will become the pivotal mechanism of Aasha(hope), vishwas(trust), and nyay (justice) in the Port sector of India.

Shri Mandaviya also added that enforcement of concession agreements in the letter and spirit is on the utmost priority. SAROD-Ports will resolve the disputes in a fair and just manner while saving a huge amount of legal expenditure and time.

 

Dr. Sanjiv Ranjan, Secretary, Ministry of Shipping said that all major Ports are shifting towards the ‘Landlord Model’ in the days to come. Many concessioners will be working with the Major Ports. SAROD-Ports will inspire confidence in the private players and will ensure the right kind of environment for our partners. It will promote ease of doing business in the maritime sector because of the fast, timely, cost-effective and robust dispute resolution mechanism.

SAROD-Ports is established under the Societies Registration Act, 1860

  1. Affordable and timely resolution of disputes in a fair manner
  2. Enrichment of Dispute Resolution Mechanism with the panel of technical experts as arbitrators.

SAROD-Ports consists of members from the Indian Ports Association (IPA) and Indian Private Ports and Terminals Association (IPTTA).

SAROD-Ports will advise and assist in the 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 harbors. It will also cover disputes between granting authority and Licensee/Concessionaire /Contractor and also disputes between Licensee/Concessionaire and their contractors arising out of and during the course of execution of various contracts.

Backgrounder:

In January 2018. The amendments in the MCA envisaged the constitution SAROD-PORTS as a dispute resolution mechanism for PPP Projects in the Major Ports.

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