LISCR Expands Its Leadership Team
The Liberian Registry said it has augmented its leadership team to help keep pace with nearly 12% over the last 12 months. The Liberian International Ship and Corporate Registry (LISCR) has added to its ranks Thomas Klenum as Senior Vice President of Maritime Operations, and Reynaldo Garibaldi as Senior Vice President of Maritime Operations and South America.Klenum, based at the Registry’s headquarters, is in charge of the Regulations and Standards, Investigations, and Fleet Security and Certifications Divisions.
Aegean Announces Expansion Plans in Panama
PIRAEUS, Greece, April 18, 2011 /PRNewswire/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced it has been awarded a 20-year concession by the Panamanian Maritime Authority (PMA) to operate onshore storage facilities in the ports of Cristobal and Balboa in Panama on an exclusive basis. The award is subject to the fulfillment of certain conditions by the Company and completion of definitive documentation with the appropriate Panamanian authorities. In addition…
Flag of Convenience Embraces UAE's Decision To Crack Down on Corruption
A leading maritime Flag of Convenience (FOC) has welcomed the United Arab Emirates' (UAE) decision to clamp down on the industry and has called for more regular sanctions against widespread corruption and underperformance. Clay Maitland, managing partner of International Registries Inc (IRI), which manages the Marshall Islands FOC and managed the Liberian FOC until last year, said some FOC's habitually ignored their responsibilities for safety and were riddled with corruption. "Is there some way (FOC) registries can be called to book?" asked Maitland. "There should be sanctions against them. Ship operators pay many millions of dollars each year to fly FOC flags such as those of Liberia and Panama over their ships…
