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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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what do users of panama expect of their flag state
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 state1
WHAT DO USERS OF PANAMA EXPECT OF THEIR FLAG STATE ?

“ A strong and responsible register, demonstrating leadership and accountability ”

Oslo

London

Singapore

Washington

chain of responsibility
CHAIN OF RESPONSIBILITY

SHIPOWNER

CLASS

SOCIETIES

CHARTERER

SHIPYARDS

CARGO OWNER

PORT

AUTHORITIES &

TERMINALS

INSURERS

FLAG STATES

PILOTS

what do users of panama expect of their flag state2
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

what do users of panama expect of their flag state3
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

what do users of panama expect of their flag state4
WHAT DO USERS OF PANAMA EXPECT OF THEIR FLAG STATE ?

Seven Cs for a responsible flag state:

  • 7. Casualty investigation

Oslo

London

Singapore

Washington

seven cs checklist for panama
Seven Cs Checklist for Panama

Conclusion:

“Shows steady and continuing improvement”

But

“Could still do better”

slide9

IMAGE PROBLEM !

The Rogues of the Tanker Industry

OWNER

CHARTERER

CLASS

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