Earlier quoted context omitted.
In shipping the cost is transferred easily down the line; capital investment in new vessels and new technologies is pretty slim because of that. Also the time spent in dry dock might as well cost you more than what you’ll gain through the service time of the vessel since many of these vessels change hands frequently sometimes even several times a year. Also because how risk is managed in the shipping industry none of…
Hm, really stupid naive question here. What happens if violating ships were basically seized
https://www.marineinsight.com/maritime-law/ship-arrest-under...
And no, I don't know much about it beyond the term and what's at the link above, but failure to abide by regulations is an allowable condition of arrest.