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

Legal

Deadliest Weekend Ever in the Mediterranean: UNHCR

More than 700 people fleeing Africa and the Middle East may have drowned in shipwrecks in the Mediterranean over the last week, bringing the death toll this year to almost 3,

Seaspan Agreement with GCII & Blue Water

Seaspan Corporation announced today that it has entered into an agreement with Greater China Intermodal Investments LLC and Blue Water Commerce, LLC to extend

Deal to End Lockout at Canada Uranium Mine

Canadian uranium producer Cameco Corp and the United Steelworkers union, which represents 535 workers at the world's largest uranium mine and a nearby mill,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Winch
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: 0.2465 sec (4 req/sec)