LISCR, First in Safety & Security, was rated the world's top open registry by the Paris MOU (6/2002), a consortium of 14 European countries that coordinate the inspection of ships. Of the ten national ship registries that received a higher rating, most provide services for substantially fewer vessels. "The Liberian Registry is pleased to be recognized as the world's number one open registry," said Yoram Cohen, CEO of LISCR, a U.S. company that manages the day-to-day operations of the Registry. "We take pride in providing the highest standards of service for ships and their crews." The Paris MOU port authority monitors compliance with international rules on safety, pollution prevention, and living and working conditions for seafarers. Ships that fail to comply with the international standards can be detained until the defects are remedied. The 14 countries undertake to inspect 25 percent of the foreign flagged ships visiting their ports, then pool the information and harmonize procedures. The Paris MOU divides registries into three categories. The top performing registries -- which include the Liberian Registry -- are on the "White List." Mid-ranking registries are placed on the "Grey List." This year, the U.S. national registry slipped to the Grey List, which also includes Cayman Islands, Croatia, Thailand, Saudi Arabia, Italy, and Spain. The poorest performing registries are grouped together on the "Black List," which includes Cambodia and assorted other countries.
December 31, 2006 marked the seventh anniversary of the Panama Canal's transfer from the United States to Panamanian operation. At this time, both the value of the Canal and its role in the global supply chain have unrivalled importance, with demand continuing to grow. In 1977, former U.S. President Jimmy Carter and Panamanian leader Gen. Omar Torrijos negotiated the Torrijos-Carter Treaty, between the Republic of Panama and the United States, which mandated that the Panamanian people
The Liberian Registry has taken a unique initiative by electing to train its own worldwide network of inspectors to perform verification audits for shipowners, operators and managers under the International Ship and Port Security (ISPS) Code. It has also decided to approve specific members of the International Association of Classification Societies as competent to carry out ISPS audits on behalf of Liberian-registered vessels.
Greek shipowners have boosted the Liberian Registry, committing important newbuildings to the flag. European Navigation has committed five tanker newbuildings, Metro Star has put seven tankers onto the registry and Chandris-backed Celebrity Cruises chose the Liberian flag for its newbuilding cruise ship Millennium and has committed two further newbuildings to the flag. Yoram Cohen, chief executive of LISCR, which manages the Liberian Registry, says
THE Liberian Registry has awarded an honorary Master’s Licence to the Revd Canon Ken Peters, Director of Justice & Welfare for the Mission to Seafarers, in recognition of the generous and continued support he has provided in connection with Liberia’s Maritime Labour Convention (MLC 2006) Inspector Training Courses. Presenting the award during the Mission to Seafarers Reception held at Lambeth Palace in London on September 27, Michalis Pantazopoulos
The Liberian Registry has come out in full support of the International Maritime Organization’s recommendation that there should be no general ban on international travel or trade due to the Ebola virus. Meanwhile, operation of the U.S.-based registry remains unaffected. IMO cites the recommendations of the World Health Organization (WHO), and indeed recommends to all member states, as well as to the broader maritime community, shipping companies
The advisory board of the Liberian International Ship & Corporate Registry applauds the initiatives taken by the Liberian Registry in connection with improving security in the international shipping industry. At its second annual meeting on April 7, 2003, the advisory board welcomed the decision of the Liberian Registry to set up a fully staffed maritimesecurity department and to appoint a dedicated director of maritime
The Liberian International Ship & Corporate Registry (LISCR) has welcomed action by the Government of Liberia to seek IMF auditing of funds from the Liberian registry. Yoram Cohen, CEO of LISCR, says, "Last week the Government of Liberia formally asked for IMF assistance to audit and ring fence revenues from the ship registry. We applaud that, and believe it will reassure shipowners that they can continue to enjoy all the benefits of using the Liberian flag."
The Liberian Registry has authorized the Croatian Registry of Shipping (CRS) to act on its behalf in connection with the survey, audit, certification and plan-review of Liberian-flag ships and the companies which operate them. The Liberian Registry adopts a proactive approach to the service which it provides to the record numbers of ships which fly the Liberian flag. It is the only ship registry to provide harmonized audit and Maritime Labor Convention verification services
The Liberian Registry has appointed shipping executive Gerry Buchanan as managing director of its dedicated Hong Kong office, the registry announced today. As the recently retired president of Genco Shipping & Trading, Buchanan has experience in the management and operation of a wide array of ships. After careers with Denholm Ship Management and Canada Steamship Lines, Gerry was appointed as the managing director of Wallem Ship Management in Hong Kong
Members of the Panama Canal Authority (ACP) Board of Directors and Administration returned to Panama after having traveled to Asia for the 24th joint meeting of its Advisory Board. The delegation met in Japan with the group of distinguished advisers to discuss Canal operations and
Figures released by the Greek Shipping Cooperation Committee (GSCC) show that Liberia has further strengthened its position as the undisputed leading open registry of choice for Greek shipowners and operators. The GSCC statistics show that, in the year to end-March 2015
In a submission to the International Maritime Organization, the Republic of the Marshall Islands, currently the world’s third largest shipping registry, has called for the setting of a new global target for reducing greenhouse gas emissions from international shipping
The Republic of the Marshall Islands (Marshall Islands) Monday issued an emailed press release calling for the International Maritime Organization (IMO) to set a new global target to reduce greenhouse gas emissions from the international shipping industry.
The Panama Maritime Authority has accredited ESC Global Security personnel to offer protection aboard Panamanian-registered vessels, in what is thought to mark the first Private Maritime Security Companies (PMSC) licence issued under the new Panama Administration.
The Cook Islands has acceded to the Nairobi International Convention on the Removal of Wrecks, 2007 (“The Nairobi Convention”). As a State Party, Cook Islands will issue Wreck Removal Certificates to its own ships and also to ships flying the flags of states that have not yet
Port State Control officers from U.S. Coast Guard Sector Puget Sound detained the container ship MOL Precision in Seattle, Thursday after discovering several significant violations during a port state control exam of the Panamanian-flagged ship
The Liberian Registry said delivery of Wreck Removal Convention certificates is now faster and more convenient for shipowners following the launch if its new online application system. The system was set up to expedite shipowners’ compliance with the requirements of the Nairobi
Palau International Ship Registry (PISR) has received a high volume of applications from owners looking to have the correct documentation in place prior to the imminent entry into force of the Nairobi Wreck Removal Convention. Marisabel Arauz Park
The widened Panama Canal is expected to finally be up and running in April 2016, after months of delays and cost overruns, AFP reports. The expansion project area will allow bigger ships to transit, with two new sets of locks, one on the Pacific side and one on the Atlantic side.
AKD says the lack of an unambiguous term to describe a ‘ship’ in several jurisdictions represents a potential threat to asset security for financiers, particularly in the offshore and renewable energy sectors. AKD partner Haco van der Houven van Oordt says
The State University of New York Maritime College’s 140th Anniversary Speaker Series presented a panel discussion on March 26 in the College’s Maritime Academic Center. The topic was Environmental Issues in Shipping. Panelists included Michael C
The Malta Ships Register has become the sixth largest maritime flag in the world, according to statistics for 2014, says a report in Fenech & Fenech Advocates. Malta has moved up from seventh place in 2013 and has retained its position as the largest in Europe
Mediterranean Shipping Co’s latest vessel MSC Oscar, the world's largest boxship, has entered the Panama Registry. The Panama Maritime Authority (AMP) has announced that the Merchant Marine Department has inscribed in the Panama Registry the MSC Oscar.
The Liberian Registry has established a regional office in Istanbul, Turkey, as part of the continued expansion of its global presence in major centers of international shipping and trade. Erhan Esinduy has been appointed Regional Representative of the office and will be joining the