Industry Information


Important Resources


These organizations provide essential standards, rules, and guidelines for the maritime and international trade industries. Understanding these resources is crucial for our business operations and client services.

International Maritime Organization (IMO)

The International Maritime Organization (IMO) is the United Nations specialized agency responsible for maritime safety, security, and pollution prevention.

Key Functions:
  • Establishing international regulatory frameworks for shipping
  • Setting standards for maritime safety
  • Developing regulations to prevent marine pollution
  • Implementing international conventions related to shipping

The IMO has developed and adopted over 50 international conventions and protocols that address various aspects of maritime safety, pollution prevention, and shipping operations.

Incoterms® 2020

Incoterms® rules are a set of eleven internationally recognized terms that define the responsibilities of buyers and sellers in international trade contracts.

Key Functions:
  • Clarifying delivery terms and responsibilities
  • Determining who pays for transport, insurance, duties, and taxes
  • Defining when risk transfers from seller to buyer
  • Standardizing international trade contract terms

Created by the International Chamber of Commerce (ICC), the current version, Incoterms® 2020, has been effective since January 1, 2020, and is essential for international shipping and trade documentation.

BIMCO

BIMCO (Baltic and International Maritime Council) is the world's largest international shipping association, with around 2,000 members in more than 120 countries.

Key Functions:
  • Developing standardized shipping contracts and clauses
  • Providing education and training for maritime professionals
  • Promoting fair business practices in shipping
  • Publishing maritime market analysis and reports

BIMCO's extensive contract library covers virtually every aspect of shipping and is widely used as the standard for maritime business worldwide. Their documents help facilitate international trade and transport.

Why These Resources Matter

For Olliteza and our clients operating in railway transport, marine industry, and logistics, understanding these international standards and regulations is essential. They help ensure compliance, facilitate smooth operations, and provide a framework for international business transactions. Our team stays updated on the latest changes to these resources to provide our clients with the most current and accurate information.