Shipowners Say Industry Is Being Choked By Legislation

Wednesday, October 06, 1999
International shipowners said the maritime industry is being choked by legislation and that they are unfairly targeted as the culprits for all ills in the sector. Addressing some 1,000 delegates from 35 countries who attended the bi-annual Maritime Cyprus Conference in the port town of Limassol, shipowners outlined the problems the industry faces entering the new millennium. There was a heated discussion on Flags of Convenience (FoC), under which approximately 50 percent of all global tonnage is registered. An ITF official announced to delegates that within the next two years national flag states would also be assessed for operating substandard vessels. Delegates argued that the ITF uses its power to declare FoCs as a means to create a hit-list of flag states which don't comply with national union demands.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

USCG Sets 2nd Round of Hearings for El Faro

The U.S. Coast Guard will conduct a second round of public hearings May 16-27 for the Marine Board of Investigation into the loss of the U.S.-flagged cargo ship El Caro, and its 33 crewmembers.

French PM: Aussie Subs to be built in Australia

French Prime Minister Manuel Valls said on Monday he was committed to building all of a new Australian submarine fleet in Australia, apparently contradicting the

DNS Appoints Esson, Chief Executive

Decom North Sea (DNS), the representative body for the offshore decommissioning industry, which promotes and facilitates collaboration and cost reduction, today appointed a new chief executive.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0598 sec (17 req/sec)