A. Internal Environment
1. Strengths
a. Ships are equipped with proper and functioning navigational equipment
b. Ship owners and crews are strictly following the rules of COLREGs
c. Shipping companies have Safety Management System and MRM
d. Shipping companies are willing to train their crew on safety standards
e. Shipping companies are strict with hiring skilled and knowledgeable crews
2. Weaknesses
a. The ships lack proper and functioning navigational equipment
b. Ship owners and crews are ignorant of the rules of the COLREGs
c. Shipping companies does not have or does not follow the standards set in the Safety Management System and MRM
d. Shipping companies are not willing to invest for the training of its crew
e. Shipping companies are hiring untrained and unprofessional crew
B. External Environment
1. Opportunities
a. There are new and modern navigational equipment that are available in the market
b. The rules of COLREGs and the Safety Management System of the company are appropriately written
c. There are training institutions and MET which can train crews
d. There are professional and trained crews which can be hired by the shipping company
2. Threats
a. The navigational equipment are costly and cannot be afforded by the company
b. There are loopholes in the rules of the COLREGs
c. The weather
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