Economics and Regulations

   Regulatory Framework
  Regulatory Framework for Maritime and Intermodal Transport
D2.1.4 Regulatory Framework for Maritime & Intermodal Transport NECL 27July...

B. Sage and M. Liddane, Nautical Enterprise Centre Ltd.

Shipping and related maritime activities are an intrinsically global industry. Increasingly, several nations may be represented and involved in the logistical operation of trade involving a single product from the point of manufacture to the end customer. The extensive nature of maritime activities means that many regulatory instruments and legal principles apply and affect the industries involved.


The maritime sector is regulated by a number of entities and the interaction between the national, European and international institutions is a complex subject area. This study examines the interaction between international and European institutions and their respective powers in implementing legislative instruments in the maritime sector; reference is made to representative sample of international conventions of the International Maritime Organisation (IMO) and relevant EU (European Union) regulations and directives pertaining to maritime transport and regulation enforcement.


Specific  legislative instruments addressed include:

·          Carriage of Goods and Insurance Law,

·          Employment Law, Competition Law,

·          Taxation Law,

·          Environmental Law

·          Navigation Law.

These themes represent key topics of research relevant to stakeholders. The current study illustrates the up-to-date position of the law in each subject area chosen. The study does not analyse case law or judgments, nor does it provide a critique on objections to any of the legal measures in place or proposals for future amendments.
The objective is to provide the foundation for further research which will enable greater analysis for future policy initiatives.


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   Glossary Terms


AIS: Automatic Identification System
Regulation 19 of the IMO SOLAS Chapter V - Carriage requirements for ship borne navigational systems and equipment - sets out navigational equipment to be carried on board ships, according to ship type. In 2000, the IMO adopted a new requirement (as part of a revised new chapter V) for ships to carry automatic identification systems (AISs) capable of providing information about the ship to other ships and to coastal authorities automatically.
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Convention on the International Regulations for Preventing Collisions at Sea
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General Average
This is the procedure whereby the commercial parties in a shipping venture proportionally share the financial consequences and any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency.
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   Linked Topics
  Interaction of international and national legislation
EU Competition Policy

Regulatory Framework
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  STCW Information
CMI: Comite Maritime International
OSPAR Commission
Helsinki Commission (HELCOM)
Barcelona Commission
UNDOALOS: United Nations Division for Ocean Affairs and the Law of the Sea
UNCITRAL: United Nations Commission on International Trade Law
ILO: International Labour Organisation
DG Competition
UN Department of Economic and Social Affairs
ESPO EU Sea Ports Organisation
IMO- International Maritime Organisation
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