The meaning of risk under sea carriage is an important subject under international trade law. This due to thefact that when goods are handed over from the seller to a carrier, neither the seller nor the buyerhas physical control over the goods while in crossing. Risk under international trade law deals with who bears the risk of goods damaged or loss without fault on thepart of the parties to the sales contract. Risk under the sea carriage therefore has to do with whobears the ultimate responsibility in circumstances of loss or damage to the goods while in transit.Usually the parties under the sales agreement contemplate on insurance to cover such losses.However, it is important to establish whether it is the seller or the buyer who has a claim againstthe carrier or insurer. I chose the concept of risk and obligations of the buyer and seller under sea transportation of goods because coming from a developing country where raw materials are exported and finished products imported, trade is fundamental to the economic growth of the country. As bulk cargoes are mainly transported by sea, risk under sea carriage cannot be conniving. Therefore, it is important to understand how trade partners allocate risk amongthemselves especially after each has fulfilled his contractual obligation and a carrier who is not aparty to the transaction has to transport the goods to the buyer.
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