Regulatory
‘The authority of IMO continues to be challenged,’ says head of ICS
The head of the International Chamber of Shipping (ICS) has taken a swipe at organisations elbowing into the domain where traditionally the International Maritime Organization (IMO) has ruled the roost.
In publishing the ICS’s annual report today, its chairman Masamichi Morooka, warned: “The authority of IMO continues to be challenged by unilateral rules, principally those emanating from the European Union and the United States. This is making the maintenance of an effective global regulatory framework increasingly complicated. The IMO global regime cannot and must not be taken for granted.”
The annual review comes out just ahead of the chamber’s AGM, scheduled in Tokyo at the start of next month.
Put that the other way round: the IMO was set up (as the IMCO) in order to stop this happening.
If it happens, it tells us that the IMO is failing in its primary task in the area where it happens.