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Panama Maritime VI Conference February 24-27, 2002

Panama Maritime VI Conference February 24-27, 2002. WHAT DO USERS OF PANAMA EXPECT OF THEIR FLAG STATE ?. Peter M. Swift Managing Director, INTERTANKO. Oslo. London. Singapore. Washington. WHAT DO USERS OF PANAMA EXPECT OF THEIR FLAG STATE ?.

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Panama Maritime VI Conference February 24-27, 2002

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  1. Panama Maritime VI Conference February 24-27, 2002

  2. WHAT DO USERS OF PANAMA EXPECT OF THEIR FLAG STATE ? Peter M. Swift Managing Director, INTERTANKO Oslo London Singapore Washington

  3. WHAT DO USERS OF PANAMA EXPECT OF THEIR FLAG STATE ? “ A strong and responsible register, demonstrating leadership and accountability ” Oslo London Singapore Washington

  4. CHAIN OF RESPONSIBILITY SHIPOWNER CLASS SOCIETIES CHARTERER SHIPYARDS CARGO OWNER PORT AUTHORITIES & TERMINALS INSURERS FLAG STATES PILOTS

  5. WHAT DO USERS OF PANAMA EXPECT OF THEIR FLAG STATE ? Seven Cs for a responsible flag state: • 1.Competent administration • 2.Commitment • 3.Consistent Oslo London Singapore Washington

  6. WHAT DO USERS OF PANAMA EXPECT OF THEIR FLAG STATE ? Seven Cs for a responsible flag state: • 4. Corruption-free • 5. Competitive • 6. Capital-friendly Oslo London Singapore Washington

  7. WHAT DO USERS OF PANAMA EXPECT OF THEIR FLAG STATE ? Seven Cs for a responsible flag state: • 7. Casualty investigation Oslo London Singapore Washington

  8. Seven Cs Checklist for Panama Conclusion: “Shows steady and continuing improvement” But “Could still do better”

  9. IMAGE PROBLEM ! The Rogues of the Tanker Industry OWNER CHARTERER CLASS

  10. BUT EVEN WORSE IMAGE ! FLAG STATE

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