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Economic Impacts of STCW 2010
Our global economy and the maritime community have been greatly impacted by the implementation of the International Convention on Standards and Training, Certification and Watch keeping (STCW) 2010 Manila Amendments that went into force on January 1, 2012. Although it has been 18 years from the prior revision of the Convention and Code in 1995 and 35 years since they were adopted in 1978, the maritime industry was not fully prepared for the far reaching changes and implications to operations…
“Lies, Damned Lies & Statistics”
Popularized by Mark Twain and generally credited to 19th-century British Prime Minister Benjamin Disraeli (1804–1881)*, the above line, which in its full form is “There are three kinds of lies: lies, damned lies, and statistics” is one of my favorites. This being our June 2013 “Yearbook” edition, a publication literally packed with – statistics – I will leave it up to you, the discriminating reader of our pages, to determine the veracity of the numbers reported within.