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The world has entered into an era of globalisation like never before, where goods from across the world can be made readily accessible right up to a consumer’s front door. This is possible thanks to the shipping and international trade industry. The World Shipping Council has reiterated the immense global influence of the shipping industry by stating:
When the South African Merchant Shipping Bill, 2020 is passed into law, it will allow for South Africa to align itself to the best international practices; to ensure the growth and development of the local economy; and to meet its international obligations under its bilateral and multilateral agreements as well as the duly adopted conventions with respect to navigation and shipping matters in general.