Merchant Vessel Chartering and Operation in Interantional Trade: Ehtical and Safety Issues

Abstract

The global economy is highly dependent upon international ocean shipping and important related industries, such as vessel brokerage and chartering. Maritime safety in today's international economic environment presents policy, management, and ethical dilemmas for global business managers, including those not directly involved with managing marine transportation. This paper presents some of these issues, calls for managerial attention to the ethical problems raised, and adapts an existing framework for ethical decision‐making for this purpose.