IPTA was formed in 1987 by a number of like-minded independent parcel tanker operators who felt that the time had come for this highly specialised sector of the shipping industry to have impartial and non-prejudiced representation in the various forums that influence their business. IPTA has since developed into an established representative body for ship owners operating IMO classified Chemical and Product tankers and is recognised as a focal point through which regulatory authorities, charterers and trade organisations may liaise with such owners.
IPTA, in being recognised as a truly international organisation with expertise in the specialised Chemical/Product tanker field, was granted consultative status as a Non-Governmental Organisation to the International Maritime Organization (IMO) in 1997. As such, IPTA is wholly supportive of IMO as the only organisation to determine the need for, introduce and monitor compliance with international maritime legislation.
IPTA serves to further the interests of member companies while promoting better relations in or affecting the bulk liquids cargo industry.
IPTA members have equal status within the Association irrespective of the size of their fleets.
IPTA members are committed to the enhancement of Maritime Safety and the protection of the Marine Environment.
IPTA encourages flag States to support and volunteer for audit under the IMO Member States Audit Scheme.