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 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'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
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
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
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
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
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)
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
Mitsui O.S.K. Lines, Ltd. (MOL) plan to install a ballast water treatment system on an in-service very large crude oil carrier (VLCC). This will be the first such onboard system installed by any Japanese shipowner on an existing VLCC. The company chose the JFE Ballast Ace system developed by JFE Engineering Corporation. The installation will take place while the vessel is docked from March through April. Ballast water discharged while loading/discharging cargo carries marine organisms
The Liberian Registry says the entry of private equity funding into the ship finance market is helping to sustain its continued growth. Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR), the U.S.-based manager of the Liberian registry, said
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
The Liberian Registry has launched a mobile app to enable owners, managers, operators and others to communicate and interact with the registry on a round-the-clock basis. The FlagState App builds on Liberia’s commitment to provide innovative technology and services to its clients, who own
Tom Ridge, President and CEO of Ridge Global, an international provider of security and risk management services, today announced that Thomas Betro, former Director of the Naval Criminal Investigative Service (NCIS), and VP at NTT DATA, has joined as an advisor
Twenty more maritime companies came together to sign the Maritime Singapore Green Pledge to signify their commitment towards promoting clean and green shipping in Singapore. They join the 40 companies that have already signed the Green Pledge so far.
Law enforcement looks on as speedboat driver demolishes his own engine in the name of greater safety for professional mariners in a Florida display of a new maritime security product by Alcyonics along with partner firm Knowledge Bridge International.
Ninety-four percent of qualifying Liberian-flag ships have achieved successful Maritime Labour Convention 2006 compliance, just one week after the convention entered force, putting Liberia far ahead of any other international ship registry.
The Liberian International Ship & Corporate Registry (LISCR), a member of the YCF Group of companies and exclusive administrator of the world’s largest quality ship register, has appointed Christian Mollitor to the position of vice president.
IoM cooperation with the Korean Register (KR) could yield more Asia based tonnage for the Isle of Man ship registry; more than a third of Isle of Man Ship flagged tonnage now operated by ship owners from the Asia Pacific region. The Isle of Man Ship Registry (IoM) recently completed a pilot
The Liberian Registry launched an online Maritime Labor Complaint Resolution Form for seafarers, ahead of the entry into force of the Maritime Labor Convention 2006 on August 20, 2013. Liberia said it is committed to ensuring that seafarers who serve on Liberian-flag ships have decent working
International shipping registries have continued to sharpen their aim taken at a longstanding maritime problem: What is the appropriate response to piracy? As attacks have shifted from Somalia to West Africa, the issue remains at top of mind.
NYMAR (New York Maritime Inc.) board members will visit the Nor-Shipping expo to promote the New York Maritime cluster. Leading the delegation is NYMAR’s newly anointed Chairman, Clay Maitland of the Marshall Islands Ship Registry
Videotel launched a new training software program, Videotel webFSA, at IMO STW 44. A sophisticated Flag State Administration Training and Record Management system, Videotel webFSA, provides Member States with the assistance they need to meet the forthcoming IMO requirement for a global quality
Pearl Sea Cruises' 'Pearl Mist', now in final outfitting, will cruise the Great Lakes/St. Lawrence Seaway, Canadian Maritimes & New England in 2014, The brand-new, 210 passenger capacity Pearl Mist has arrived in Maryland for final outfitting before going into service in 2014
Mitsui O.S.K. Lines, Ltd. announced completion of work to install a ballast water treatment system on the very large crude oil carrier (VLCC) Libra Trader at Keppel Shipyard in Singapore. On January 10, the company announced plans to install the system on a VLCC ahead of IMO installation compulsion