keep Navigation (Load Lines) Regulations 1935 (Amendment)
Amends the Navigation (Load Lines) Regulations 1935 to update ship loading standards. Load lines are markings on vessels indicating maximum safe loading depth, preventing overloading that could compromise stability and cause sinking.
Australians would be significantly worse off without this. Overloaded ships pose catastrophic risks: loss of life at sea, environmental disasters in Australian waters from oil spills or wreckage, port closures disrupting trade, and liability for Australia when foreign vessels sink in our waters. The regulation prevents harmful externalities that ship owners would otherwise underweight. Compliance costs are negligible—merely painting a line—while benefits are enormous and internationally recognized through IMO conventions.