Requirement for BWM Convention not met

This came after several ratifications in late 2015 led to uncertainty as to whether the requirements for entry into force had been met or not.

The IMO announced on 15 January 2016 that following their review of global shipping tonnage, the recent ratifications of the BWM Convention by Morocco, Finland and Indonesia did not surmounted to sufficient tonnage.

Forty-seven countries have now ratified the convention, substantially more than the 30 required.

But their combined fleets comprise only approximately 34.56% of global tonnage, with 35% required for entry into force.