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Panamanian Registry

LISCR Rated Top Open Registry

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.


ACP Celebrates 7th Anniversary of Canal Management

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


Liberian Registry Takes ISPS Training And Verification Initiative

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.


Greeks Boost Liberian Registry

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


LISCR Welcomes Liberian Government IMF Move

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."


Liberian Registry Grants Honorary Master’s License to Seafarers Director

Revd Canon Ken Peters receiving his honorary masters licence from Michalis Pantazopoulos (left) and Jonathan Spremulli, general manager of LISCR’s London office (right)

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


Liberian Registry Backs IMO’s Ebola Advice

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


Liberia Authorizes Croatian Registry of Shipping

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


LISCR Appoints New Managing Director for Hong Kong

Gerry Buchanan (Photo courtesy of the Liberian Registry)

  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


Isle of Man Ship Registry, Toko Maruraku MOU

The Isle of Man Ship Registry has signed a Memorandum of Understanding (MOU) with Toko Maruraku Transportation Co. Ltd in Tokyo in order to facilitate the registration and related services to its growing number of Japanese clients. The services that Toko Maruraku Transportation Co. Ltd can perform will include the registration of vessel and mortgage registration and the Isle of Man Ship Registry has agreed to provide all the necessary support


Focus on Environment at Suny Maritime

Participants at The 140th Anniversary Speaker Series at SUNY Maritime College discuss Environmental Issues in Shipping.  Shown here (L-R) are panelists John Hatley, Paal Johansen, Michael C. Carter, and moderator Clay Maitland.

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


Lack of Ship Definition is a Threat to Investors

Haco van der Houven van Oordt

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


Expanded Panama Canal to be Operational by April 2016

Panama Canal Expansion (Photo credit: Canal de Panamá)

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.  


Palau Reports Increase in WRC Applications

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


Liberia Leads on Wreck Removal Certification

Image courtesy of Liberian Registry

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


MOL Containership Detained in Seattle

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


Cook Islands to Issue Wreck Removal Certificates

Glenn Armstrong, Managing Director of Maritime Cook Islands, the Cook Islands registry administrator. Courtesy MCI

  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


Panama Accredits Maritime Security Firm

Photo:  ESG Global Security

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.


Golar LNG sells Golar Viking

Image: Golar LNG Ltd

 Golar LNG Ltd has completed the sale and delivery of the LNG carrier Golar Viking to PT Perusahaan Pelayaran Equinox (Equinox) for US$135 million.   The 140,205-cbm Golar Viking (built 2005) has been renamed Salju under Indonesian flag and registry.  


MOL Car Carrier Rescues Drifting Fishermen

Five Castaways Rescued Safely Near Malay Peninsula in South China Sea

Mitsui O.S.K. Lines, Ltd. today announced that on Sunday, February 1, 2015, the MOL-operated car carrier Astral Ace found drifting castaways near Malay Peninsula in the South China Sea, and was able to safely rescue two Malaysian and three Indonesian fishermen. The rescue went as follows:


Liberian Registry Launches Green Ship Initiative

Scott Bergeron (Photo courtesy: Liberian Registry)

“We have launched a new initiative to help shipowners improve their green credentials and meet other corporate social responsibilities," said Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR), the U.S.-based manager of the registry


Seagull Secures Panama Flag Approval

Cecilia Hernandez, Magdalena Carrera and Victor Almengor from Panama Maritime Authority, during the audit of Seagull Maritime’s training center in Horten, Norway. (Photo courtesy of Seagull)

Seagull Maritime said it has secured training center approval from the Panama Maritime Authority, marking the first time that an overseas company has done so following the PMA’s 2014 change of leadership. The approval process included a two-day inspection of Seagull Maritime’s Horten


Liberia Joins Nairobi Wreck Removal Convention

Image courtesy of the Liberian Registry

Liberia acceded to the Nairobi International Wreck Convention on the Removal of Wrecks, 2007, on January 8, 2015, and thus becomes the largest flag state party to the convention.   The Nairobi Convention covers shipwrecks that could have a potential adverse effect on the safety of lives and


NY Shipping Conference Speakers Announced

Annual joint Chambers of Commerce event look at The Life of a Ship    Conference organizers have announced the speaker lineup for the 21st annual Hellenic-American and Norwegian-American Chambers of Commerce conference, often called the New York Shipping Conference


ACP Receives $740 mln in Cost Overrun Claims

File Photo: Panama Canal construction in progress.

The consortium working on the extensive Panama Canal expansion has submitted two new claims for cost overruns of almost $740 million, the canal administrator said on Friday. A dispute between the canal and the consortium over cost overruns temporarily halted work on the expansion earlier this






 
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