Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
IMO = International Maritime Organization

According to my vague understanding - the IMO rates the shipping inspection regimes of various countries and this rating forms part of the insurance assessment.

So if you switch from Greece to Liberia all sorts of costs may go down, but the likelihood is your insurance costs will go up.

by Metatone (metatone [a|t] gmail (dot) com) on Thu Jun 14th, 2012 at 08:02:39 AM EST
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