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09 January 2009 The on-line newspaper devoted to the world of transports 11:39 GMT+1



June 22, 2004

ISPS bill for industry - US$1.5b a year
But the costs could be offset by gains in efficiency and reduction in theft, fraud: report

By Donald Urquhart

(SINGAPORE) The global shipping community will foot a bill of more than US$1.5 billion annually - on top of a US$2.6 billion initial cost - as a result of implementing the new global ISPS Code, according to a recent Australian government report ......
Read more on Shipping Times





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