AN INTEGRATION OF ECONOMIC AND SAFETY POLICY

The author discusses the safety effects on ship owners of pressure to reduce costs. Cost reduction measures by ship owners include flagging out (the search for cheap labor) and globalization of ship management (looking for tax-friendly nations, or outsourcing managerial activities). He notes that innovation is stymied when the emphasis is on cost reduction. Perhaps it is time to reevaluate government policies with regard to shipping. Shipping rules made by governments need to change in order to allow for better safety policies. Balanced demand and supply needs will encourage quality shipping.

Language

  • English

Media Info

  • Pagination: p. 90-97

Subject/Index Terms

Filing Info

  • Accession Number: 00792227
  • Record Type: Publication
  • ISBN: 9040718520
  • Files: TRIS
  • Created Date: May 29 2000 12:00AM