Power politics erode IMO’s ability to give shipowners certainty, industry leaders warn
- Decision making at the IMO is being increasingly distorted by geopolitics
- Resulting regulatory uncertainty is stalling investment
- Industry leaders urge restoring the IMO’s neutral, global rule-setting role
As great power politics spill into maritime rule making, shipowners are being forced to make 20-year bets on the basis of 12-month political deals
