Ship Account Statement: IMO GFI Registry, Draft Reg 37.5

The ship account statement is the annual record of a ship’s account in the IMO GFI Registry under draft regulations 37.5 and 38.5 of MARPOL Annex VI Chapter 5 (MEPC/ES.2/2), issued by 31 August of the year after the reporting period. It shows the ship’s GFI compliance balance , any Tier 1 and Tier 2 deficits, the remedial units acquired, and the surplus units credited, transferred, banked or cancelled.

The Secretariat note to MEPC/ES.2/2 records that regulation 36 was reworded so that how a ship balances a deficit and how it uses its surplus units “have to be recorded in the ship account statement”. The statement precedes the Statement of Compliance , due by 30 September. The full article will cover its content, the Registry’s role and the draft’s status, which is not adopted.