Hanjin Blue Ocean News

IoM cooperation with the Korean Register (KR) could yield more Asia based tonnage for the Isle of Man ship registry; more than a third of Isle of Man Ship flagged tonnage now operated by ship owners from the Asia Pacific region. The Isle of Man Ship Registry (IoM) recently completed a pilot project with the Korean Register (KR) as a first step towards full recognition of the Korean classification society. The move could mean more Korean owned and classed vessels coming onto the Isle of Man flag in future, IoM said.