How I Face Difficulties

Hello guys I know all of us have our own problem and difficulties in our daily routine life.Its all different type of difficulties based on the person's situation .Like me,I'm realise that I'm always facing financially problem. Eventhough I'm able to face it but still the difficulties always come to me.

So lets see how I deal with those financially problem .

1.IDENTIFY WHAT NEEDS THE MOST ATTENTION

Write down your three biggest money challenges so you know what you’re up against. Whether it’s making your monthly bill payments, or saving for retirement, it’s important to focus on the main sources of your financial anxiety. (Keeping the list short can help you feel less overwhelmed.)

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2.TRY TO STAY POSITIVE

Your mindset can help keep you motivated to fix your financial problems. Rather than get bogged down by thoughts of never getting out of debt, imagine the amount of stress you feel decreasing as your debt load gets smaller and smaller. It’s important to believe you can do it.

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3.BE REALISTIC

Determine what you can reasonably achieve and then dedicate yourself to following through each and every month. Make yourself a promise: “Each month I will spend less and put the difference toward my debt so my balance declines by at least RM100.” Just like a crash diet or intense new workout routine can lead to burnout, you don’t want to set overly ambitious financial goals that you may abandon in a few weeks or months.

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4.MAKE THE MOST OF YOUR INCOME

The belief that you simply don’t have enough money to put towards your goals can keep you from dealing with your financial problems. Try to focus on making the most of the income you do have by spending wisely. We’ve put together a list of money-saving tips to help get you started. You might also consider using a calculator to see how long it may take you to hit a savings goal. Bank of America offers a savings calculator that could help.

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That's all from me thank you !

Global Maritime Regulatory System

Global Maritime Regulatory System

Hello guys today i'm gonna straightforward to our topic "Global Maritime Regulatory System".There are four subcomponents which are SOLAS , MARPOL , STCW and MLC . These components are responsible to make sure maritime industry going well in good manner and stable condition .

First component is SOLAS

SOLAS

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SOLAS is a short form to Safety Of Life At Sea .The SOLAS  is an international maritime order which sets minimum safety standards in the construction, equipment and operation of merchant navy ship. The convention requires signatory flag state to make sure that ships flagged by them and comply with at least those standards.

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This is the chapters contain in SOLAS .

    Second component is MARPOL

MARPOL

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MARPOL is the main international convention aimed at the prevention of pollution from ships caused by operational or accidental causes. It was adopted at the International Maritime Organization (IMO) in 1973. The Protocol of 1978 was adopted in response to a number of tanker accidents in 1976–1977. The 1978 Protocol was absorbed into the parent Convention and the combined instrument entered into force in 1983. In 1997, a Protocol was adopted to amend the Convention and a new Annex VI was added, which came into force in May 2005. The technical requirements of MARPOL are included in six separate Annexes:

• Annex I—Regulations for the Prevention of Pollution by Oil
• Annex II—Regulations for the Control of Pollution by Noxious Liquid Substances in Bulk
• Annex III—Prevention of Pollution by Harmful Substances Carried in Sea in Packaged Form
• Annex IV—Prevention of Pollution by Sewage from Ships
• Annex V—Prevention of Pollution by Garbage from Ships
• Annex VI—Prevention of Air Pollution from Ships

STCW

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The 1978 STCW Convention was the first to establish basic requirements on training, certification and watchkeeping for seafarers on an international level. Previously the standards of training, certification and watchkeeping of officers and ratings were established by individual governments, usually without reference to practices in other countries. As a result standards and procedures varied widely, even though shipping is the most international of all industries.

The Convention prescribes minimum standards relating to training, certification and watchkeeping for seafarers which countries are obliged to meet or exceed.

STCW Convention chapters

Chapter I: General provisions

Chapter II: Master and deck department
Chapter III: Engine department
Chapter IV: Radiocommunication and radio personnel
Chapter V: Special training requirements for personnel on certain types of ships
Chapter VI: Emergency, occupational safety, medical care and survival functions
Chapter VII: Alternative certification
Chapter VIII: Watchkeeping

MLC

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The Maritime Labour Convention 2006 (MLC) is an international agreement of the International Labour Organisation (‘ILO’) which sets out seafarers’ rights to decent conditions of work.  It is sometimes called the ‘Seafarers’ Bill of Rights’.  It applies to all seafarers, including those with jobs in hotel and other passenger services on cruise ships and commercial yachts,

In 2013 the MLC became binding law for 30 countries. 

That's all from me thank you !