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THE shipping industry faces a significant challenge in meeting the January 1 deadline for implementing the International Maritime Organisation's (IMO) Maritime Single Window (MSW), reports New York's Journal of Commerce.
This initiative aims to harmonise the documentation shared among container lines, ports, and government authorities, forming the backbone of international shipping.
Companies involved in international trade routinely submit substantial amounts of information and documents to ports and governmental bodies to comply with regulatory standards.
Marine Services and Merchant Shipping deputy director Lt Commander Wayne Mykoo explains that this information is often channeled through various agencies, each utilising its own distinct system and paper forms.
These requirements, coupled with associated compliance costs, burden both governments and the business community, potentially hindering the development of international trade, especially in developing nations.
One hundred and twenty-eight IMO member states have embraced the MSW, fostering electronic exchanges between ships and their respective ports.
The responsibility for enforcement lies with the governments of IMO member states.
https://www.shippingazette.com/menu.asp?encode=eng
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