Dominion Marine News

Seafarers’ Legislation Faces Year-Long Ratification Delay

Full ratification of the Maritime Labour Convention (MLC) which will have far reaching implications for the whole shipping industry, including commercial yachts, is now likely to be delayed by a year until April 2012. “Although the required gross tonnage figure has been reached there is, however, some doubt as to whether the necessary number of countries will be achieved by the end of this year,” said John Wade, technical services manager with Isle of Man-based Dominion Marine. His prediction comes after attending the Global Superyacht Forum 2010 in Amsterdam which saw delegates from the leading brokerage houses and major shipyards taking part in the industry’s largest and most valuable conference event.