Introduction
Referring to the ISM Code, one might think that the responsibility of the shipmaster would be limited to the application of the Company’s Safety Management System (SMS), whereas the spirit of the ISM Code lies elsewhere, particularly in its objectives, which can be recalled here:
Objectives of the ISM Code:
To ensure safety of the vessel through an internal organization with a view to providing safe operating practices and a safe working environment by ensuring compliance with the mandatory rules and regulations concerning it and by taking into consideration industry recommendations relevant to its activities. Continue reading “Responsibilities and authority of a ship’s master regarding the ISM Code”
In 2023, the global soya bean market (also known as soybeans and soyabeans) was valued at over USD 200.37 billion, and it is projected to grow to USD $259 billion by 2032.The shipping industry plays a significant role in supporting this global industry, but behind these impressive figures lies a perilously narrow window for safe ocean transport. Despite being loaded in sound condition and carried by well-maintained vessels on unexceptional voyages, soya beans continue to arrive in a deteriorated condition far too often. Claims related to spoilage frequently run into millions of dollars, exposing shipowners, operators, and marine insurers to significant financial risk.