In accordance with Chapter V, regulation 19, of the 2000 amendments to the 1974 International Convention for the Safety of Life at Sea (SOLAS), 1974, the use of a magnetic compass is mandatory. The magnetic compass must adhere to the standards set forth by the IMO.
The Panama Ship Registry has recently updated a Merchant Marine Circular to establish guidelines for maintaining and testing magnetic compasses. These guidelines apply to all ships irrespective of size, and navigation area.
Magnetic...
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