Although an IMO ban on applying TBT to vessels has been active since 2003, the upcoming 2008 ban will go further, requiring any vessel with TBT in its antifouling to have its bottom either sealed with an approved sealant or stripped and repainted. Vessels over 24 meters (~79 ft) and under 400 gross tons will be required to have both a TBT-free antifouling certificate and documentation of the work (ie: a paint receipt, etc.)
The European Union has surpassed the IMO's ban with even stricter legislation; if your vessel attempts to voyage through European waters without TBT-free antifouling, she may be subject to a fine and will not be allowed to enter any port.
Even without Europe on your itinerary, if your vessel's bottom has not been repainted in the past 5 years, it’s time to adjust the lift's slings for a haul-out. As you open your wallet to purchase the updated paint, just remember this: an androgynous whelk is a friend to no man.
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