International Maritime Training Funds (IMTF)
A number of IMEC negotiated Collective Bargaining Agreements (CBA) have historically contained a funding element identified as the International Maritime Training Trust (IMTT).
IMTT was the driving force behind a large number of training initiatives that have helped transform the shipping industry through a series of grants that totalled 45,000,000 USD over the 18 years of its existence. In the summer of 2016 the Trust was finally wound down and replaced by two funds that seek to continue on the same path.
The two new funds were named IMTF AMOSUP (money is paid into this fund by users of the IMEC-AMOSUP IBF CBA as invoiced by the union directly) and IMTF International (money paid into this fund by users of a number of IMEC CBAs and invoiced by the IMEC Secretariat from January 2019).
The rules of both funds are also available by clicking on the links below: