MARITIME SECURITY
July 1st, 2003
BY KEITH NUTHALLTHE COST to the shipping industry of the precautions ordered by last year's compulsory code of practice on maritime security may be high, but it still much smaller than the cost of another major terrorist incident on the scale of September 11, the Organisation for Economic Cooperation and Development (OECD) has warned. Its researchers estimate that the cost of measures such as developing security plans, training security officers and establishing effective ship-to-shore communications will require an initial investment by ship operators of at ...
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