Basic and functional requirements of ISM CODE and the impact on maritime claims

Abstract

The objective of this research is to analyze and present the content and the requirements that constitute the code of ISM in order to decipher its importance and the role that it has played in the development and advancement of the maritime claims. In order to do so, this paper begins with the types of risks underlying the function of a vessel, in order to emphasize the background situations of the occasional claims. Furthermore, it analyzes the types of the claims as they are observed today. Continually, there is an example of a company and the ways that maritime claims were conducted in this current case study. Moreover, prospect issues and conclusions are presented at the end of the paper.