From Cost to Profit: A Fresh Look at Ship Safety Management

Despite a growing body of evidence proving the relationship between improved safety performance and positive financial results, many ship-owners continue to embrace old ways of thinking about safety and risk management.

This paper addresses how ship owners can profit from improving safety in ship
operations. The author argues that ship-owners and ship operators with access to effective reporting and safety information systems can significantly improve both their safety performance and financial results.

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From Cost to Profit: A Fresh Look at Ship Safety Management

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