Recognise- that the current international
regulations set a standard which, if properly implemented by all operators and
effectively enforced by all flag States, would ensure shipping services of high
technical, safety and environmental quality;
Acknowledge- that the acceptance of
substandard practices by any sector of the maritime industry including its
customers is detrimental to the protection of people and the environment, ship
safety and fair competition, and that the elimination of such practices would
benefit all responsible participants in the market and contribute to an enhanced
safety and quality culture throughout the industry;
Be aware- that quality shipping needs quality
seafarers and that compliance with internationally agreed training, competence
and working standards are integral to ship safety, the promotion of a safety
culture and to quality shipping;
Urge- public authorities to increase their efforts to raise
quality awareness and harmonise port State control and focus it particularly on
substandard ships, to ensure more transparent and accurate information on the
quality of ships obtained through port State control and to exercise restraint
in introducing new and additional technical requirements for ships and
crews;
Endorsing the following 7 principles:
1.Each link in the maritime responsibility chain, be it at sea or on
shore, should make safety considerations an integral part of its
activities.
2.Shipping Industry participants should take reasonable care to ensure
that the ships with which they are operating are of good standards of
quality. Accordingly, they should avoid chartering,
operating, managing or otherwise doing business with ships which
clearly do not meet the internationally applicable standards and
requirements.
3.Shipping Industry participants should resist substandard practices in
any part of the maritime industry. In doing so they should promote
dialogue and co-operation with other links in the maritime responsibility
chain and consequently with public
authorities.
4.Shipping Industry participants should, where appropriate and on
a voluntary basis, share relevant information relating to
compliance with international codes and regulations thus contributing to
greater transparency in the maritime industry.
5.In their joint and individual participation in the
Shipping industry associations and participants should ensure that
their conduct always remains within applicable legal
constraints.
6. Shipping Industry associations should reflect good working
practices stated herein or in a Code of Conduct and should encourage
their assosiates to observe those principles at all
times.
7.The maritime industry, in co-operation with the relevant public
authorities, should observe and evaluate all developments, abating
substandard practices in any sector of the
maritime.
Objectives · 
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