Marshall Islands Registry Promotes Management Team
International Registries, Inc. and its affiliates (IRI), which provide administrative and technical support to the Republic of the Marshall Islands (RMI) Maritime and Corporate Registries, announced the promotion of Simon Bonnett and Theo Xenakoudis.Bonnett, who has served as Senior Vice President, Technical since 2018 was promoted to Chief Maritime Officer, and Xenakoudis, the organization’s Director, Worldwide Business Operations since 2015 and Managing Director of the Piraeus office since 2007…
Marshall Islands to Address Shipping Safety Concerns
The Republic of the Marshall Islands (RMI) has submitted a paper to the International Maritime Organization (IMO) Intersessional Working Group (ISWG) on the consistent implementation of the 2020 global fuel oil sulphur standard under MARPOL Annex VI. The submission, which was co-sponsored by the Republic of Liberia, the Baltic and International Maritime Council (BIMCO), the International Chamber of Shipping (ICS), the International Association of Dry Cargo Shipowners (INTERCARGO), the International Association of Independent Tanker Owners (INTERTANKO), and the World Shipping Council (WSC), is intended to assist the ISWG in developing guidelines on the implementation of regulation 14.1.3 of MARPOL Annex VI.
The Marshall Islands Move to Head of the Class
Leveraging 27 worldwide offices, the RMI Registry has been gaining market share year-on-year. Surging tonnage and a solid record for safety has pushed the registry to the head of the class. When the Marshall Islands Registry announced that it had become the world’s second largest – at a whopping 223,262,177 deadweight tons – the registry’s leadership was quick to emphasize quality as the leading reason. International Registries (IRI) President Bill Gallagher didn’t discount the importance of the deadweight milestone, but quickly moved the conversation towards why it had happened. With as many as 450 worldwide employees – the vast majority of them full time employees – IRI has done just that.
Marshall Islands Registry is "Number Two"
The Republic of the Marshall Islands (RMI) fleet now stands at 223,262,177 deadweight tons (DWT), making it the second largest registry in the world in terms of DWT. International Registries, Inc. and its affiliates (IRI) have provided administrative and technical support to the RMI Registry since 1990. "This is a very significant milestone for the RMI Registry," said Bill Gallagher, President, IRI. "A strong legislative framework, customer driven service ethos, and a commitment to quality have all been key to our continued success," he continued. The RMI is not only the world's second largest registry, but the Greek shipping industry's leading flag as well.
Star Bulk Awarded USCG Qualship 21 for 30 Vessels
The U.S. Coast Guard (USCG) has awarded Qualship 21 status to 30 bulk carriers owned and operated by Star Bulk Carriers Corp., the largest U.S. listed dry bulk operator. The Qualship 21 program rewards high quality ships sailing under qualifying flags. In a letter to Star Bulk, Rear Admiral Paul Thomas of the USCG stated, “Less than 10 percent of all [non-U.S. flagged] ships that operate in the [U.S.] meet the eligibility requirements of this program, putting [Star Bulk's] qualified vessels in an elite class.
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.
Iron Ore and Coal World Shipping Summit 2013
The fifth annual Iron Ore and Coal World Shipping Summit will take place on October 1 in Athens, Greece. The conference will focus on the maritime transportation of iron ore and coal, making an attempt to forecast the trends of global economy; iron ore, coal and other commodities, production and distribution; the trading markets, shipping capacities, shipbuilding and shipping requirements; the financing and investment climate, shipping innovation effects on ship-values and the environmental imperatives. • Nicky Pappadakis, President Emeritus Intercargo and Chairman, I.G. Pappadakis & Co. • Harris Vafias President & CEO, StealthGas Inc. • George D. • John Su Managing Director, Keen Maritime Services Inc. • Janos Koenig Managing Director, Eurofin International Ltd.
