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What or who is “the Company “as far as the ISM Code is concerned?

The owner of the ship or any other organisation or person such as the manager, or the bareboat charterer, who has assumed the responsibility for operation of the ship from the shipowner and who, on assuming such responsibility, has agreed to take over all the duties and responsibility imposed by the ISM Code. (ISM Code, Part A, para. 1. 1. 2)

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How can the requirements of the ISM Code be described in brief?

What, basically, does the ISM Code require ship owners and operators to do?