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Panama Maritime VI Conference: Responsibilities of a Flag State

Explore the expectations of Panama's flag state through the lens of shipowners, class societies, charterers, and more at the Panama Maritime VI Conference on February 24-27, 2002. Peter M. Swift, Managing Director of INTERTANKO, highlights the importance of a strong, accountable, and leadership-driven registry for Panama. The concept of Chain of Responsibility emphasizes the role of various stakeholders in ensuring maritime safety and compliance. Discover the Seven Cs Checklist for a responsible flag state, including Competent administration, Commitment, Consistency, Corruption-free practices, Competitiveness, Capital-friendliness, and Casualty investigation. While Panama shows improvements, there is an underlying image problem that needs to be addressed within the tanker industry. Learn about the challenges faced by shipowners, charterers, class societies, and the flagged state itself in maintaining a reputable image.

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Panama Maritime VI Conference: Responsibilities of a Flag State

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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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