©THEBRIGHT EXAM SOLUTIONS
11/06/2024 7:22 PM
Ch 16: Regulation of the maritime industry
Exam Questions With Verified Answers
International Association of Classification Societies - answer✔created in 1968 in response to industry
pressures to standardize rules/regulations
Main Aims for the International Association of Classification Societies - answer✔- introduce uniformity
into the rules developed by class societies
- Act as interface between the different class societies
- collaborate with outside organizations
3 UN conferences on the Law of the Sea - answer✔UNCLOS I , UNCLOSII , UNCLOS III
- goal was to define ownership of the sea, right of passage through it, ownership of sea bed
Territorial Sea - answer✔- ships have the right of innocent passage through territorial waters.
- Coastal states only have the right to enforce their own laws relating to specific topics such as
navigation and pollution
- they are entitled to enforce international laws
Contigous Zone - answer✔Coastal states have limited powers to enforce customs, fiscal, sanitary, and
immigration laws
The Exclusive economic zone (EEZ) - answer✔- A belt of sea extending up to 200 miles from the
shoreline
, ©THEBRIGHT EXAM SOLUTIONS
11/06/2024 7:22 PM
- It is mainly concerned with the ownership of economic resources such as fisheries and minerals
- third parties enjoy freedom of navigation and the laying of cable and pipelines
- from a shipping point, the EEZ is more like the high seas
The High Seas - answer✔are all parts of the sea that are not included in the exclusive economic zone
(EEZ), in the territorial sea, or the internal waters of a state
Flag choice - answer✔has become an important tool used by shipowners to reduce their costs
Shipowners may choose one flag over another for several reasons: - answer✔- Tax, company law, and
financial law
- Compliance with maritime safety conventions
- Crewing and terms of employment
- Naval protection and political acceptability
Registration procedures - answer✔- every ship needs a flag for legal and commercial purposes
The process for obtaining the right to fly a particular flag varies from country to country: - answer✔- In
the U.S, 5+ tons and wholly owned by a U.S citizen
- Panama: no nationally requirements
National registers - answer✔- treat the shipping company like any other business registered and
operating in the country
- Is subject to full range of legislation pertaining to finances, company/employment regulations
International registers - answer✔- Incentives for national ship owning companies to register in there
own countries
11/06/2024 7:22 PM
Ch 16: Regulation of the maritime industry
Exam Questions With Verified Answers
International Association of Classification Societies - answer✔created in 1968 in response to industry
pressures to standardize rules/regulations
Main Aims for the International Association of Classification Societies - answer✔- introduce uniformity
into the rules developed by class societies
- Act as interface between the different class societies
- collaborate with outside organizations
3 UN conferences on the Law of the Sea - answer✔UNCLOS I , UNCLOSII , UNCLOS III
- goal was to define ownership of the sea, right of passage through it, ownership of sea bed
Territorial Sea - answer✔- ships have the right of innocent passage through territorial waters.
- Coastal states only have the right to enforce their own laws relating to specific topics such as
navigation and pollution
- they are entitled to enforce international laws
Contigous Zone - answer✔Coastal states have limited powers to enforce customs, fiscal, sanitary, and
immigration laws
The Exclusive economic zone (EEZ) - answer✔- A belt of sea extending up to 200 miles from the
shoreline
, ©THEBRIGHT EXAM SOLUTIONS
11/06/2024 7:22 PM
- It is mainly concerned with the ownership of economic resources such as fisheries and minerals
- third parties enjoy freedom of navigation and the laying of cable and pipelines
- from a shipping point, the EEZ is more like the high seas
The High Seas - answer✔are all parts of the sea that are not included in the exclusive economic zone
(EEZ), in the territorial sea, or the internal waters of a state
Flag choice - answer✔has become an important tool used by shipowners to reduce their costs
Shipowners may choose one flag over another for several reasons: - answer✔- Tax, company law, and
financial law
- Compliance with maritime safety conventions
- Crewing and terms of employment
- Naval protection and political acceptability
Registration procedures - answer✔- every ship needs a flag for legal and commercial purposes
The process for obtaining the right to fly a particular flag varies from country to country: - answer✔- In
the U.S, 5+ tons and wholly owned by a U.S citizen
- Panama: no nationally requirements
National registers - answer✔- treat the shipping company like any other business registered and
operating in the country
- Is subject to full range of legislation pertaining to finances, company/employment regulations
International registers - answer✔- Incentives for national ship owning companies to register in there
own countries
