Question

Discuss the benefits a country would derive from an effective implementation of the regulatory functions by the Maritime Administration in a country

Answer 1

By implementing regulatory functions by the Maritime Administration in a country several benefits can be obtained.

First of all it will ensure safety and protection of the marine environment of that country. It will increase public awareness of the prevailing issues and will also offer recommendations in this regard. Focus will be on centralizing the maritime activities under one organization and this will directly translate to greater efficiency and greater level of effectiveness. This will also help with regards to sustainable growth of fisheries as well as tourism industries.

There will also be focus on enhancing revenue earning capacity as well as economic diversification on the basis of safe management and operation of shipping activities and port activities.

Thus by implementing regulatory functions by the Maritime Administration in a country several benefits can be obtained which are:

· Sustainable growth of fisheries and tourism industries

· Marine environment protection

· Enhanced revenue earning capacity and economic diversification through better and safe management and expansion of shipping and port activities.

· Focus and emphasis on sustainable development.