Union Ministry of Shipping has launched ‘SAROD-Ports’ (Society for Affordable Redressal of Disputes – Ports).
SAROD-Ports are established under the Societies Registration Act, 1860
Objectives of SAROD-Ports
- Affordable and timely resolution of disputes in a fair manner
- Enrichment of Dispute Resolution Mechanism with the panel of technical experts as arbitrators.
- They consist of members from the Indian Ports Association (IPA) and Indian Private Ports and Terminals Association (IPTTA).They 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.
- It will also cover disputes between granting authority and Licensee/Concessionaire /Contractor.