For those that keep circling back to rules like those of ISAF as the "solution" to safety at sea read this earlier thread: Can You Buy Safety?
Safety inspections--ISAF-based or not--are simply NOT the answer to improved safety at sea. Judgment, skill, and experience in that order are the answer. "Stuff" is a distant fourth. Unfortunately you can't teach judgment. I think you can learn it with enough scar tissue. *grin*