Why are different naming standards accepted for use in the international market?

Acceptance is based on Type Approval from international classification societies (such as DNV, ABS, LR, or BV). While the alphanumeric codes (like CHJP86 vs. MPRXCX) vary, both cables are engineered to meet the same global benchmarks: IEC 60092-350 (general construction) and IEC 60332-3-22 (flame retardancy). If a manufacturer holds the relevant Class Certificates, the cable is recognized as safe and compliant for global maritime projects regardless of its regional designation.