LISCR Welcomes Russian Boost For Tanker Owners

Wednesday, February 06, 2002
The Liberian International Ship & Corporate Registry (LISCR) has welcomed action by the Russian government to reduce port costs for Liberian flag ships, saying it will help tanker owners and raise standards in the Black Sea trades. Yoram Cohen, CEO of LISCR, says, "The Russian government's decision to harmonize port dues so that ships of all flags calling at Russian ports pay the same rate is good news for Russia, good news for tanker owners worldwide, good news for the Black Sea, and good news for the Liberian flag." Cohen says, "Liberia is the flag of choice for the world's tanker fleet, and for Russian shipowners flying foreign flags. Russia's old system, under which ships of a few favoured flags were charged lower port dues, effectively made it difficult for owners of Aframax and Suezmax tankers trading to Russia to benefit from the efficiency of the Liberian Registry, and difficult for Russian ships flying foreign flags to trade to their own ports. Now a typical 80,000 dwt vessel under our flag will see port costs cut by as much as two-thirds when calling at Russian Black Sea ports. Owners can now use their flag of choice, unhindered by two tier charging systems for port dues." The Liberian Registry continues to grow, as shipowners, operators, financiers and lawyers across the globe recognize its unique combination of a tried and tested legal framework, one of the best safety and quality records in the world, of any registry, and optimum levels of service and response to shipowners' and financiers' needs.
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

TOTE, Saltchuk Secure Financing for Marlin Class Vessels

Maritime Administration to Provide Title XI Loan Guarantee for World’s First LNG Containerships Today, the U.S. Maritime Administration (MARAD) announced a $324.

Transocean: Fleet Update Summary

Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service

Barczak Joins Alan C. McClure Associates

Naval architecture and engineering firm Alan C. McClure Associates (ACMA) announced today that Registered Professional Engineer Nicholas Barczakhas joined the ACMA team as a naval architect.

Ports

San Francisco Bay Fuel Spill Under Investigation

The U.S. Coast Guard and California Department of Fish and Wildlife personnel continue to respond to a fuel spill that occurred near Pier 45 at Fishman's Wharf in the San Francisco Bay Saturday.

Construction Begins on Chouest’s B-Port

Sprawling facility located in Açu Port in São João da Barra, Rio de Janeiro-RJ, Brazil Officials representing the Edison Chouest Offshore family of companies

Damen Delivers Tug to Bremenports

Bremenports, the management company for the twin German ports of Bremen and Bremenhaven, took delivery of its first Damen-built vessel – a Stan Tug (Stu) 1606.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators
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: 0.2871 sec (3 req/sec)