Private Equity Drives New Ship Buys
Ship Registries are an excellent bellwether of industry health and trends, and when Maritime Reporter & Engineering News sought answers to some topical questions, it went to two of the top organizations in the world, speicifically Theo Xenakoudis, Worldwide Business Operations Officer, International Registries, Inc. & Christian Mollitor, Vice-President, Liberian Registry/LISCR, LLC. Give a brief description of the market you serve. TX Greek shipowners have historically been very supportive of the RMI flag. Today Greek shipowners represent nearly 25 million gross tons of the RMI fleet.
Liberia Authorizes Croatian Registry of Shipping
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 service which it provides to the record numbers of ships which fly the Liberian flag. It is the only ship registry to provide harmonized audit and Maritime Labor Convention verification services, using its exclusive global network of highly trained nautical inspectors. Where appropriate, it also delegates authority to perform audits, inspections and certification to recognized organizations which it knows and trusts.
