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Maintaining standards of safety will be a ‘proving ground’
As many in the industry fear this issue will be the first casualty of the financial crisis, ship registries are anticipating problems and working on solutions, writes Felicity Landon
Wednesday 11 February 2009
THE biggest fear in a recession is that people will start cutting corners on safety — and low-quality flags could be a key part of that. So says Angelo Mouzouropoulos, director general of the International Merchant Marine Registry of Belize (Immarbe).
“I think there are signs of people cutting corners. It generally does happen, and in ...
