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Colombian Commercial Code: Maritime Navigation Risks | Althox

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The Colombian Commercial Code, specifically Decree 410 of 1971, serves as the foundational legal framework governing commercial activities within Colombia. Its comprehensive scope extends to various sectors, including maritime navigation, which is inherently fraught with complex risks and potential liabilities. Book Five, dedicated to Navigation, meticulously outlines the legal principles and regulations applicable to aquatic transport. This detailed analysis will delve into Part One, focusing on "From the Navigation Aquatics," and more specifically, Title VI: "Risks and Damages in Maritime Navigation." Our exploration will concentrate on Chapter II, titled "Approach" (Abordaje), examining Articles 1531 through 1539, which address the critical aspects of collisions, liability, and the duties of vessels at sea. Understanding these provisions is paramount for shipowners, captains, insurers, and legal practitioners operating within the Colombian maritime ju...