The tenth edition of this popular guide has been completely revised and expanded to take account of the latest changes to maritime regulations and procedures. It is an invaluable reference for all who need to understand the fundamentals of business and law as they affect the day-to-day management of a commercial ship.

Designed primarily as a study aid for Master's Orals, the book is also used by OOW and Chief Mate students and has drawn the praises of many successful Orals candidates in the UK and overseas.

Addressing candidates in the foreword to the book, the MCA's former Chief Examiner, Claude Hamilton, wrote:

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