CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. EC Scrutinizes Maritime Safety Classification Societies

EC Scrutinizes Maritime Safety Classification Societies

by Ulrika Lomas, for LawAndTax-News.com, Brussels

17 October 2006


The European Commission last week adopted a report evaluating the quality of the work of the classification societies, which are the bodies responsible for certifying ship safety.

Following the adoption of the “ERIKA I” and “ERIKA II” legislative packages, the Commission was entrusted with this evaluation, which it has carried out with the help of the European Maritime Safety Agency.

“The classification societies are an essential link in the quality assurance chain for ships in European waters. We are satisfied with the results of our inspections, which were carried out with the cooperation of the societies involved”, announced Jacques Barrot, Vice-President of the Commission responsible for transport, adding: “However, there is still some way to go before we reach the level of safety demanded by European citizens”.

The Commission’s report confirmed the high technical standard of the classification societies approved by the Community, but pointed to a certain number of weaknesses in the way they are operated.

The Commission has therefore stated its intention to tackle those problems rigorously and by emphasising prevention.

"I have asked the European Maritime Safety Agency to step up its monitoring," Mr Barrot explained.

The Commission’s report also looks into the impact of the liability regime of the classification societies introduced by Directive 2001/105/EC. The Commission takes the view that, since there has been no opportunity to test the regime before the courts, it is too soon to attempt to reform it at this stage.

In connection with the 3rd “Maritime Safety” package, the Commission proposes to reform the Community classification societies regime. This reform would include, among other things, the creation of an independent structure responsible for certifying the quality control system of approved societies and the introduction of a system of financial penalties for those which fail to fulfil their obligations properly.


To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »