TTM15200 - Background material: Shipping organisations

Below are listed the principal shipping organisation affecting the shipping industry of the United Kingdom:

Organisation Abbreviation Function
American Bureau of Shipping ABS American classification society, see TTM15030
Baltic and International Maritime Conference BIMCO World’s largest shipping organisation with broad membership.  Functions include a representative body, advice service to members and publishing of standard charterparty and sale and purchase documents, see TTM15110.
Baltic Exchange Baltic Shipping market in City of London, for shipowners, brokers, agents, managers and operators, particularly those in bulk market
British International Freight Association BIFA Representative body of freight forwarders and the operators of road, rail, maritime intermodal and air freight services. Supports a code of conduct for members, training programmes, lobbies governments and publishes standard freight forwarding agreements
British Shippers’ Council BSC Represents the interest of shippers using air and sea transport
Bureau Veritas (France) BV French classification society, see TTM15030
Chamber of Shipping of the United Kingdom (The) CoS Represents the interests of British shipowners and ship managers. Covers all issues on British shipping and its various sectors including ports. The CoS was a principal proponent for the development of the UK’s tonnage tax
China Classification Society CCS Chinese classification society, see TTM15030
Department for Transport DfT Ministry responsible for transport in the UK, including shipping. Certifies and monitors the training requirement of tonnage tax companies, see TTM04020
Det Norske Veritas (Norway) DNV Norwegian classification society, see TTM15030
Germanischer Lloyd (Germany) GL German classification society, see TTM15030
Det Norske Veritas Germanischer Lloyd (DNV & GL merged in September 2013) DNV GL Norwegian/German classification society, see TTM15030 
Hellenic Register of Shipping HRS Greek classification society, see TTM15030
Indian Register of Shipping IRS Indian classification society, see TTM15030
Institute of Chartered Shipbrokers ICS International body based in London, offering professional qualifications to shipbrokers (FICS and MRCS)
International Association of Classification Societies IACS Representative body of classification societies, based in London
International Association of Dry Cargo Shipowners INTERCARGO Representative body for bulk ship owners, particularly Greek. Based in London.
International Association of Independent Tanker Owners INTERTANKO Representative body for about ¾ of the independent tanker fleets. Issues a number of standard documents for tanker operators.  Based in Norway
International Association of Ports and Harbors IAPH Worldwide association for ports and harbours to promote the interests of members
International Chamber of Commerce ICC Representative body for the promotion of international trade, based in Paris.  Sponsors the International Court of Arbitration and the International Maritime Bureau
International Chamber of Shipping ICS Promotion of the shipping industry worldwide
International Maritime Bureau IMB International crime fighting bureau for maritime matters. Sponsored by the ICC.
International Maritime Organisation IMO The only UN organisation headquartered in London, concerned with maritime issues, particularly safety and pollution.  Promoted the Convention on Safety of Life at Sea (SOLAS), as well as other international treaties and standards. All ships now identified by their unique IMO number
International Ship Managers Association ISMA Association for ship and crew managers.  Promotes the ‘ISMA Code’ of standards for ship management
International Ship Suppliers Association ISSA Representative body for the suppliers to ships, based in UK
International Shipping Federation ISF The federation of shipowners dealing with matters concerning employees
International Transport Workers’ Federation ITF Federation of transport workers’ unions, based in London.
Korean Register of Shipping KRS Korean classification society, see TTM15030
Lloyd’s Register of Shipping (UK) LR British classification society, see TTM15030
London Tanker Brokers’ Panel LTBP Independent body of shipbrokers to act as adjudicators of charter rates for tankers.  Decisions recognised by tax authorities as acceptable for transfer pricing.  Publishes monthly the Average Freight Rate Assessment (AFRA) of rates for standard voyages.  See TTM15170 on Worldscale
Maritime and Coastguard Agency MCA Executive agency of Dft, formed from the merger of the Maritime Safety Agency and the Coastguard.  Responsible in the UK for ship registration, seafarer certification, maritime safety, and port state control of foreign ships
Maritime Training Trust MTT Trust set up to administer training of seafarers from PILOT payments received under the training requirement, see TTM04001
Mission to Seafarers   Seafarers’ spiritual and material welfare organisation, headquartered in London
National Union of Marine, Aviation & Shipping Transport Officers NUMAST Trade union for masters, officers and cadets
National Union of Rail, Maritime and Transport Workers RMT Trade union for ratings and other seafarers
Nippon Kaiji Kyokai (Japan) Class NK Japanese classification society, see TTM15030
Polski Rejestr Statkow (Poland) PRS Polish classification society, see TTM15030
Registro Italiano Navale (Italy) RINA Italian classification society, see TTM15030
Society of International Gas Tanker and Terminal Operators SIGTTO Trade association for liquefied gas tanker and terminal operators.
The Salvage Association   International organisation based in London for loss adjusting and surveyor services in connection with salvage and repairs of ships
UK Offshore Operators Association UKOOA Representative body for UK offshore oil and gas industry.