Regulatory Compliance
In the maritime context, regulatory compliance refers to the adherence to laws, regulations, guidelines, and specifications relevant to maritime operations. These regulations are often set by international bodies such as the International Maritime Organization (IMO), as well as national bodies like the United States Coast Guard (USCG). Compliance is crucial to ensure the safety, security, and environmental performance of ships and marine technology. It covers a wide range of areas including ship design, construction, equipment, manning, operation, and disposal. Non-compliance can result in penalties, including fines and detention of ships. Regulatory compliance also involves the implementation of quality management systems that meet the standards set by the ISO, and the adherence to the International Safety Management (ISM) Code, which provides an international standard for the safe management and operation of ships. It is the responsibility of ship owners, operators, and managers to ensure that their vessels are in compliance with all applicable maritime regulations.
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