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Global governance in the offshore sector

What happens when something happens? Accidents in the offshore industry can have devastating consequences. The IMO is therefore calling for a global approach. It does not take horrendous accidents like the explosion of the Deepwater Horizon oil rig in the Gulf of Mexico in 2010 for us to fully understand the effects that unforeseen events in the offshore industry can have. Yet there are no transnational standards to regulate the industry. Now the secretary general of the IMO, Koji Sekimizu, has called on players in the shipping and offshore sectors to explore the possibility of global governance standards for the offshore segment similar to those in shipping.

Source: ITJ (International Transport Journal). Read news here

Picture: INCOTRANS® – International Business Advisors ©


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Source: ITJ (International Transport Journal). Read news here