Paris Memorandum of Understanding

The Paris Memorandum of Understanding (MoU) is an agreement among a group of countries, primarily in Europe and North America, aimed at promoting safety and environmental protection in shipping. It establishes a framework for inspecting foreign ships to ensure they meet safety standards before entering ports. By sharing information and coordinating inspections, member countries work together to identify and address unsafe practices, enhancing maritime safety and preventing accidents. The MoU helps maintain a level playing field for shipping companies by ensuring that all vessels adhere to the same safety criteria.