1 The Marine Environment Protection Committee,
                           at its forty-first session (30 March to 3 April 1998), noted that
                           a large number of tankers of 25 years of age and over would potentially
                           use the hydrostatic balance loading operational alternative which
                           is permitted by MARPOL regulation
                              I/13G(7), in order to continue to trade for another five years,
                           and recognized that there was a need to develop a unified interpretation
                           with the purpose of avoiding any potential problems which might arise
                           with the hydrostatic balance loading.
                           
                        
                        
                        
                      
                     
                     
                     
                        
                        
                         
                           2 Subsequently, the Committee, at its forty-second
                           session (2 to 6 November 1998), having considered the recommendation
                           made by the Sub-Committee on Bulk Liquids and Gases, at its third
                           session, regarding IACS Unified Interpretation MPC 7 "Hydrostatic
                           Balance Loading", agreed to circulate this Unified Interpretation
                           to Member Governments, as set out in the annex, subject to the following
                           clarifications:
                        
                        
                        
                        
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                                 .1 all ballast tanks should be assumed empty when
                                 calculating EOS1 and EOS2, whereas ballast water allocation may be
                                 considered when calculating EOS3; and
                              
                              
                              
                            
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                                 .2 it is understood that ballast water may be
                                 taken on board during the voyage in order to maintain the draughts
                                 necessary for compliance and to satisfy trim, stability, strength
                                 and other requirements.
                              
                              
                              
                            
                        
                        
                        
                      
                     
                     
                     
                        
                        
                         
                           3 At its forty-third session (28 June to 2 July
                           1999), the Committee approved an IACS proposal to make a number of
                           minor corrections to the original interpretations.
                        
                        
                        
                      
                     
                     
                     
                        
                        
                         
                           4 As a result, this Circular includes these corrections
                           and replaces MEPC/Circ.347. For ease of reference, the location of
                           the amendments are marked in the right hand column with a vertical
                           line. However, it should be noted that there is only one change to
                           the text and one paragraph that has been moved causing certain paragraphs
                           to be renumbered.
                        
                        
                        
                      
                     
                     
                     
                        
                        
                         
                           5 Member Governments are invited to use the annexed
                           Interpretation together with the above clarifications when applying
                           the provisions of the Guidelines for approval of alternative structural
                           or operational arrangements, as called for in regulation 13G(7) of Annex I of
                           MARPOL 73/78 (resolution MEPC.64(36)), to tankers of 25 years of age
                           and over referred to in regulation
                              13G(4) of Annex I to MARPOL 73/78.