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Record Tonnage for Isle of Man Registry

Isle of Man Ship Registry Sails into The Year of The Dragon with Record Tonnage.   The Isle of Man ship registry, one of the world’s leading ship registries, just announced record tonnage for the year ending 2011, entering the Year of the Dragon with a bang. Gross Registered Tonnage (GRT) is the datum used to compare the world’s ship registers and a year on year comparison shows a 12% increase in total GRT, climbing steadily from 12.36m GRT at the end of 2010 to 13.84m GRT as we enter 2012.    With the new numbers, it is now among the top 15 ship registries in the world. This demonstrates significant growth in the larger types of vessels registering given that the register topped 10m GRT for the first time in its history in April 2009. The market segment which saw a rapid take-up rate, was the Asia Pacific region, particularly Japanese and Singapore-based corporations, who are now more perceptive of the flag’s value. Dick Welsh, Director of the Isle of Man Ship Registry, said: “The growth in numbers shows that we are well placed to provide a more cost effective solution for registration without any compromise in quality or service for ship operators and owners.”   “Having just recovered from the global crisis of 2008, ship owners are bracing themselves for another rocky year in 2012

Turkey Eases International Flag Requirements

Turkey has made key changes to the requirements for registration on its international ship register. The changes will make it simpler for both shipowners and financiers to take advantage of Turkish registration. Seyma Inal, senior partner at Istanbul-based Inal Law Office says, "The biggest change, published last week, is that ships no longer have to call at a Turkish port before they can be registered on the Turkish International Ship Registry

Panama Registry Up 9.1% in 1999

Panama's shipping registry grew 9.1 percent during 1999 to close the year with a fleet of 9,866 vessels, the National Maritime Authority (NMA) said. Of the 826 ships added to Panama's open register last year, 323 were newly constructed, including 176 cargo vessels and 81 tankers. The remainder included passenger ships, fishing vessels, dredgers and tugs, the NMA said in a press release. Registered gross tonnage rose by 15.9 million tons to 126.9 million tons in 1999, an increase of 14

Vanuatu Expands its Presence in Asia

The Republic of Vanuatu, with an established network of offices, deputy commissioners, special agents and inspectors in Asia – Tokyo, Taiwan, Korea, Singapore, Hong Kong, the Philippines, Indonesia, Malaysia and Thailand -- has expanded its presence in the People’s Republic of China with the recent establishment of an office in Shanghai. On May 1, 2007, Mr. C.C.Tan, Deputy Commissioner of Maritime Affairs, Singapore and China and managing director of Richfield Marine Agencies (S) Pte Ltd

Liberia: Time for Openness on Ship Registries

Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (ISCR).

THE Liberian Registry says it is time to put an end to the outdated thinking which results in all open registers, irrespective of their safety record, being referred to pejoratively as ‘flags of convenience.’   Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (ISCR), the US-based manager of the Liberian Registry, says, “Liberia is one of thirteen flags which have just been given a clean bill of health by the International Chamber of

Cyprus Financial Crisis: Effect on Shipping Interests

Cypriot Transport Minister, Tasos Mitsopoulos, states the nation's shipping registry will not be affected by turmoil in banking sector. The Minister downplayed the impact of Cyprus's banking crisis on the local shipping industry, pointing out that none of the island's banks are active in ship financing, reports Tax-News. Despite Mitsopoulos's assurances, many shipping companies' bank deposits in Cyprus are expected to be heavily impacted by the banking sector developments

LISCR Appoints new General Manager for Greece

The Liberian International Ship & Corporate Registry (LISCR), the US-based manager of the Liberian Registry, has appointed Michalis (Michael) Pantazopoulos as General Manager of its Piraeus office. Michalis has extensive experience of, and a proven pedigree in, both shipping and Greece. He was previously Manager of the Fleet Service Division of leading ship management company Avin International S.A. in Athens. Before

Ship Registry Passenger Yacht Code Collaboration

BMT Nigel Gee collaborates with Cayman Island Shipping Registry to share industry knowledge and insight. BMT Nigel Gee, a subsidiary of BMT Group, is set to launch its latest technical paper in collaboration with the Cayman Island Shipping Registry (CISR). Developed to provide insight for a wide range of industry stakeholders, the paper examines aspects of the 2010 Passenger Yacht Code (PYC) which aims to provide a Safety of Life at Sea (SOLAS) equivalent code for yachts wishing to carry up

YCF Group Expands Management Team in Germany

The YCF Group has appointed Carsten Gierga as managing director responsible for its activities in Germany. Suwarie Topaz, general manager, has also been promoted to vice-president, global marketing and business development with worldwide responsibilities. The YCF Group of companies includes the Liberian International Ship & Corporate Registry (LISCR), the exclusive administrator of the world’s largest quality ship register, EuroFlag Services (EFS)

Marshall Islands Urges Cap on Shipping Emissions

Image: Republic of the Marshall Islands (RMI) Maritime and Corporate Registries

 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 tiny South Pacific nation is the world's third biggest shipping registry, but is increasingly threatened by rising sea levels linked to climate change

Oceans HQ, Gibraltar Registry, Partner on STCW Requirements

André Tanguy (Photo: Oceans HQ)

Maritime software solutions provider Oceans HQ Ltd has announced a partnership with the Gibraltar Ship Registry (part of the Gibraltar Maritime Administration), ahead of new STCW requirements for online access to seafarer certification data which come into force in 2017.

SKANReg Recruits UK Ship Register's Mazumdar as CEO

Debasis Mazumdar (Photo: SKANReg)

After four groundbreaking years as head of the UK Ship Register (UKSR), Debasis Mazumdar is moving on to become CEO of the London-headquartered St Kitts & Nevis International Ship Registry (SKANReg), with a mission to drive further growth for the ambitious ten-year-old Caribbean flag state.

Liberian Registry Shortlisted for Ship Efficiency Awards

Scott Bergeron (Photo: Liberian Registry)

The Liberian Registry has been named as a finalist for the 2015 Ship Efficiency Awards.   The Liberian Registry was selected as one of five finalists for the Initiative of the Year award. The nomination is in respect of Liberia’s Global Eco-Upgrade Financing Program

Palau Ship Registry Eyes Asia Expansion

Jai Acharya (Photo: PISR)

With the opening of three new offices in Asia, The Palau International Ship Registry (PISR) said it is pushing ahead with a growth strategy intended to place the Palau flag among the region’s foremost ship registers.  The newly opened offices in Qingdao and Dalian, China, and Tainan

Liberia is the Flag of Choice for Greek Operators

Scott Bergeron

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

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

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

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

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

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

Malta: Sixth largest Maritime Flag Worldwide

Image: The Merchant Shipping Directorate, Malta

 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

Liberian Registry Opens Istanbul Office

Erhan Esinduy (Photo: The Liberian Registry)

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

Liberia is Top Open Register for Greek Shippers

Image: LISCR

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

Marshall Islands Calls for New Emissions Target

Tony de Brum

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

Maritime Casualty Forum Held in Singapore

Speakers at the Asian Marine Casualty Forum listen to conference chariman, David Pockett (center). Photo courtesy of LOC

More than 250 shipping and insurance professionals gathered for the first ever Asian Maritime Casualty Forum held during Singapore Maritime Week.   The two-day conference, hosted by global marine and engineering consultancy London Offshore Consultants (LOC)

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