The International Maritime Organization (IMO) has released a Preliminary list of recommendations for Governments on the facilitation for Governments and relevant national authorities on the facilitation of maritime trade during the COVID-19 pandemic. The recommendations have been proposed by a broad section of global industry associations with a consultative status representing the maritime transportation sector with the aim to minimize maritime trade disruption because of the COVID-19 crisis.
The maritime trade forms a vital part of the supply chain, carrying 90% of the goods transported globally. A disruption of the maritime trade could have a large impact on the global economy as well as the functioning of societies around the world. Consequently, Governments and relevant national authorities are requested to apply the recommendations in order to avoid disruption of the maritime trade as much as possible.
A copy of the Preliminary list of recommendations can be found at:
http://www.imo.org/en/MediaCentre/HotTopics/Documents/Circular%20Letter%20No.4204Add.6%20%20Coronavirus%20Covid-19%20Preliminary%20List%20Of%20Recommendations.pdf
QUESTIONS?
Should you have any questions following this information, please do not hesitate to contact us.
----
ABOUT EF MARINE
EF Marine provides Fixed Premium P&I solutions to Shipowners, Charterers and MultiModal operators.
EF Marine has a global client base and offices in Singapore and Rotterdam. EF Marine provides ‘AA-‘rated security from Swiss Re Corporate Solutions with limits up to USD 500m. Through our partnership with Swiss Re Corporate Solutions we provide our clients with first class security combined with EF Marine’s extensive knowledge of the P&I market.