Russia has a comprehensive legislation covering maritime activities comprised of the Federal Law on Continental Shelf of the Russian Federation and the Merchant Shipping Act. The former is also known as the Sea Law. While the Sea Law provides for the exploitation of natural resources on the continental part of the seabed, the Merchant Shipping Law regulates the activities undertaken by Russian companies operating in the maritime industry.
Considering Russia has signed numerous treaties related to maritime activities, it has also incorporated in its legislation provisions about arbitration in case of litigation related to such activities.
Our Russian lawyers can offer more information on the Maritime Law.
The most important law on maritime activities in Russia is the Merchant Shipping Code which provides for purchasing, registering and using vessels for both commercial and recreational purposes. The following undertakings are allowed under the Maritime Law:
Also, according to the Russian maritime legislation, both individuals and companies are required to register their ships with the Maritime Register of Shipping. According to the law, vessels are subject to certain categorization criteria, based on which the operating licenses are released.
Even if the most important law is the Merchant Shipping Code, Russia has interconnected several laws in order to adhere to international standards. Among these are bilateral conventions signed by Russia with other countries and international agreements, such as the United Nations Convention on the Law of the Sea, the International Convention for the Prevention of Pollution from Ships and the Hamburg Rules referring to the sea transportation of goods. Russia is also a member of the International Maritime Organization.
If you want to open a company in the maritime industry and need assistance, feel free to contact our lawyers in Russia.
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