Nation: $59 to Tragedy

The history of maritime safety laws is a catalogue of disasters. The first international code came in 1914, two years after the sinking of the Titanic; the latest in 1960, four years after the loss of the Andrea Doria. The U.S., which has the world's most stringent regulations, adopted them only after the Morro Castle burned and sank off New Jersey in 1934. As a sequel to the fiery death this month of the cruise shipYarmouth Castle, shipowners may well be forced to comply with more meaningful safety standards.

Three Flags. The need is plain enough. The Yarmouth Castle was one...

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