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 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
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
IMO Secretary-General Koji Sekimizu has welcomed the reconsideration by the International Chamber of Shipping (ICS) of its position towards the ratification by Governments of the International Convention for the Control and Management of Ships’ Ballast Water and Sediments
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
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
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
The consummation of the demerger of Aker Solutions ASA (the existing Aker Solutions) was registered with the Norwegian Registry of Business Enterprises after the close of trading on the Oslo Stock Exchange on September 26, 2014. The separation of Aker Solutions into two independent companies
Lloyd’s Register advises that the St. Vincent and the Grenadines Maritime Administration has issued Circular No. PSC 033 which requires additional inspections (termed ‘occasional surveys’) to be carried out for all vessels whose next port of call is within a Paris MOU member
Three Castaways Rescued Safely off Indonesia. Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) has announced that on October 6, 2014, the MOL-operated/managed LNG carrier Senshu Maru founded drifting castaways in the Celebes Sea off Indonesia
Saqr Port Authority has advised that, with effect from 16 October, new procedures will come into force for personnel attendance Off Port Limits (OPL). Documents required for OPL Mina Saqr personnel attendance (less than 3 days) for Operations
Marcon International, Inc. of Coupeville, Washington announced the sale of the 3,900BHP, U.S. flag twin screw tug Maria Brusco (ex-Ocean Service) from a U.S. owner to private overseas buyers for transfer to registry under foreign flag. The 127’ x 32’ x 14’ depth tug was
Leading classification society ClassNK announced that it has completed work on the 165,178GT VLCC Al Kout, built by Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) as part of a series of vessels constructed for the Kuwait Oil Tanker Company S.A.K. (KOTC)
The Liberian Registry has used a $10,000 donation from Mitsui OSK Lines (MOL) to procure medical supplies to help combat the spread of Ebola in Liberia. The supplies, comprising essential materials and medical equipment such as PPE (Personal Protective Equipment) suits, gloves
The Panama Maritime Authority (PMA) has become the first port state to use Pole Star’s PurpleTRAC sanctions compliance and risk management service as part of its wider port risk management strategy and as a precaution against the outbreak of Ebola.
Egypt has ordered an investigation into an accident in which a Kuwaiti container ship and a fishing vessel collided in the Red Sea in an incident that killed 13 Egyptians. A statement from the prosecutor's office said initial enquiries showed the fishing boat capsized after it and the
The captain and first officer of a Kuwaiti container ship have been detained for four days after their ship collided with a fishing vessel in the Red Sea, killing 13 Egyptians, a public prosecutor said on Tuesday. The prosecutor said on Monday that initial enquiries showed the fishing
Liberia has become the flag of choice for Greek ship owners and operators, securing the leading position for the first time in more than forty years since the early seventies. Figures produced by the Greek publication Shipping & Finance