Impact of I.S.M. on shipping management companies and their owner

The open enemy is better than doubtful friend. Likewise, the International Safety Management (ISM) is better than ad hoc management. The current study throws light on the role of shipping companies after implementation of International Safety Management (ISM). Chapter one provides basic idea about shipping companies and their practices and evolution of ISM Code. Chapter two lists review of literature. Chapter three briefs the role and responsibilities of shipping manager. Chapter four envisages the challenges faced by the shipping manager. Chapter five portrays the current status of shipping business and final chapter concludes findings of the study.