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Supply Chain Glossary
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International Maritime Organization (IMO)

What is the International Maritime Organization (IMO)?

The International Maritime Organization (IMO) is a specialized agency of the United Nations responsible for regulating shipping and maritime safety. Established to promote safe, secure, and efficient shipping on clean oceans, the IMO develops international standards for the safety of life at sea, environmental protection, and the prevention of marine pollution. It brings together member countries to create regulations that enhance maritime safety, security, and sustainability, ensuring that shipping operations are conducted responsibly and effectively.

When was the International Maritime Organization Established?

The IMO was established in 1948, with its first meeting held in 1958. Originally known as the Inter-Governmental Maritime Consultative Organization (IMCO), it changed its name to the International Maritime Organization in 1982. Since its establishment, the IMO has played a crucial role in creating and enforcing maritime regulations that enhance the safety and security of international shipping, reflecting the growing importance of global trade and environmental protection.

How is the IMO funded?

The IMO is funded primarily through contributions from its member states, which pay annual fees based on the size of their merchant fleets. Additionally, the organization generates revenue from various programs, services, and publications related to maritime safety and environmental protection. The funding supports the IMO's work in developing international regulations, conducting research, and providing technical assistance and training to member countries, ensuring the effective implementation of its standards.

Where is the IMO Based?

The IMO is based in London, UK.