Norwegian Owners Welcome Back Liberian Registry

Friday, February 15, 2008
The Norwegian Shipowners' Association (NSA) has lifted its recommendation not to use the Liberian ship registry, which has been in effect since 2001. The NSA says, “The basis for normalising the NSA's position on the Liberian registry includes the positive developments in Liberia, the position of the UN and the Norwegian authorities, and the increased transparency concerning financial transactions between the registry and the Liberian authorities.”

In late 2001, the NSA recommended its members not to use the Liberian registry until the country “answered the UN's call for increased transparency surrounding cashflows from the country”. In addition, the NSA noted at that time that “the UN Security Council has adopted a number of resolutions on the situation in Liberia …” The NSA says, “The Norwegian authorities have now recognized the positive developments in Liberia, not least by upgrading the Norwegian diplomatic presence in the country, cancellation of debts and providing assistance for reconstruction. On this basis, and because the Liberian registry has met the requirements of increased transparency concerning financial transactions between the registry and the Liberian government, the board of the NSA has found it appropriate to lift the recommendation to its members not to use the Liberian ship registry.”

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Maritime NZ Oil Spill Response Review: Submissions

Maritime New Zealand (MNZ) says it invites submissions on its draft updated New Zealand Marine Oil Spill Response Strategy 2014 (the draft Strategy). The draft Strategy, (available at http://bit.

Thai Resort Owners Sue State Owned Company for Oil Spill

Business owners on Koh Samet island are suing a state-owned petroleum enterprise for the oil spill that polluted the resort island's beaches last year. More than 50,

Nigerian Piracy Threatens UK Interests: New Report

The UK economy is heavily exposed to lawlessness off the coast of Nigeria, a new report published today by the UK Chamber of Shipping says. The report found that almost all of the UK’s annual £6.

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0933 sec (11 req/sec)