The review shows 38 total losses of vessels (over 100 gross tonnage ) during 2022, compared with 59 a year earlier, down by 36%. It has now been six years since a triple‑digit total loss year. At the end of 2022 fewer than 40 losses were reported. Thirty years ago, the global fleet was losing 200+ vessels a year.

Improvements have been significant over the past decade in particular. Several appendixes provide additional and useful information.Shipping transports between 80% to 90% of world trade onboard different vessels so maritime safety is critical. The remaining chapters of the volume are dealing with the ship sale and purchase, ship management, port and liner agency, finance, trade and insurance as applied to shipping industry, major shipping organizations etc.

Then there are three chapters on the vessels, trade geography and ship chartering. The present publication opens with the chapter addressing the business entities as well as the communications and is followed with the chapters on business ethics and anti-bribery compliance. We know that the shipping is mainly concerned with the operations of the vessels and meeting the needs for the marine transportation of goods and people. That is why it is so important that all people who are involved in the industry in one way or another possess a good understanding of the functions affecting their business. The essential functions underpinning all above mentioned activities are usual to all companies engaged in the modern business of shipping. The shipping business of today is a truly dynamic and very exciting sort of activity that normally involves so many different sectors, technical skills and tasks. PERFORMANCE OF MARINE VEHICLES AT SEA LECTURES.SERVICE & OPERATION MANUALS - OTHER MACHINERY AND EQUIPMENT.SERVICE & OPERATION MANUALS - DIESEL ENGINES.SERVICE & OPERATION MANUALS - NAVIGATION EQUIPMENT AND DP.

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