keep INTERNATIONAL REGULATIONS FOR PREVENTING COLLISIONS AT SEA, 1972
Implements International Regulations for Preventing Collisions at Sea 1972 into UK law, establishing standardized navigation rules, distress signals, and traffic separation schemes applicable to UK vessels globally and foreign vessels in UK waters. Defines enforcement mechanisms including detention authority and criminal penalties.
Maritime navigation is a classic coordination problem requiring universal rules to prevent collisions—without harmonized regulations, ships from different jurisdictions would follow conflicting protocols, causing catastrophic loss of life, environmental damage, and trade disruption. The externalities of collisions (oil spills, sunk cargo, rescue operations) far exceed minimal compliance costs, and unilateral withdrawal would isolate UK shipping from global navigation standards, increasing insurance premiums and port access barriers. This regulation achieves safety through international treaty implementation—a legitimate function that voluntary coordination cannot replicate.