Enhancing co-operation,sharing responsibility

摘要

It is a refrain commonly heard from industry conference platforms: to address the challenge of an increasing regulatory burden, shipping should practice greater collaboration and co-operation. As we know, it's a nice idea in principle. Unfortunately intense competition and sometimes misguided regulatory initiatives are the underlying dynamics that tend to shape the relationship between the owner, the class society and, in the case of a newbuild, the shipyard.