
Carriage of Goods by Sea Act (COGSA)
The Carriage of Goods by Sea Act (COGSA) is a U.S. law that outlines the rights and responsibilities of parties involved in the transportation of goods by sea. It establishes the legal framework for shipping contracts, specifying the liabilities of ocean carriers for loss or damage to cargo. COGSA protects cargo owners and ensures carriers operate with a standard of care, limiting their liability under certain conditions. Essentially, it helps define how goods are safely transported by sea, promoting fairness and clarity in shipping practices.