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Ship Registry

Record Tonnage for Isle of Man Registry

Isle of Man Ship Registry Sails into The Year of The Dragon with Record Tonnage.   The Isle of Man ship registry, one of the world’s leading ship registries, just announced record tonnage for the year ending 2011, entering the Year of the Dragon with a bang. Gross Registered Tonnage (GRT) is the datum used to compare the world’s ship registers and a year on year comparison shows a 12% increase in total GRT, climbing steadily from 12.36m GRT at the end of 2010 to 13.84m GRT as we enter 2012.    With the new numbers, it is now among the top 15 ship registries in the world. This demonstrates significant growth in the larger types of vessels registering given that the register topped 10m GRT for the first time in its history in April 2009. The market segment which saw a rapid take-up rate, was the Asia Pacific region, particularly Japanese and Singapore-based corporations, who are now more perceptive of the flag’s value. Dick Welsh, Director of the Isle of Man Ship Registry, said: “The growth in numbers shows that we are well placed to provide a more cost effective solution for registration without any compromise in quality or service for ship operators and owners.”   “Having just recovered from the global crisis of 2008, ship owners are bracing themselves for another rocky year in 2012


Turkey Eases International Flag Requirements

Turkey has made key changes to the requirements for registration on its international ship register. The changes will make it simpler for both shipowners and financiers to take advantage of Turkish registration. Seyma Inal, senior partner at Istanbul-based Inal Law Office says, "The biggest change, published last week, is that ships no longer have to call at a Turkish port before they can be registered on the Turkish International Ship Registry


Panama Registry Up 9.1% in 1999

Panama's shipping registry grew 9.1 percent during 1999 to close the year with a fleet of 9,866 vessels, the National Maritime Authority (NMA) said. Of the 826 ships added to Panama's open register last year, 323 were newly constructed, including 176 cargo vessels and 81 tankers. The remainder included passenger ships, fishing vessels, dredgers and tugs, the NMA said in a press release. Registered gross tonnage rose by 15.9 million tons to 126.9 million tons in 1999, an increase of 14


Vanuatu Expands its Presence in Asia

The Republic of Vanuatu, with an established network of offices, deputy commissioners, special agents and inspectors in Asia – Tokyo, Taiwan, Korea, Singapore, Hong Kong, the Philippines, Indonesia, Malaysia and Thailand -- has expanded its presence in the People’s Republic of China with the recent establishment of an office in Shanghai. On May 1, 2007, Mr. C.C.Tan, Deputy Commissioner of Maritime Affairs, Singapore and China and managing director of Richfield Marine Agencies (S) Pte Ltd


Liberia: Time for Openness on Ship Registries

Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (ISCR).

THE Liberian Registry says it is time to put an end to the outdated thinking which results in all open registers, irrespective of their safety record, being referred to pejoratively as ‘flags of convenience.’   Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (ISCR), the US-based manager of the Liberian Registry, says, “Liberia is one of thirteen flags which have just been given a clean bill of health by the International Chamber of


Cyprus Financial Crisis: Effect on Shipping Interests

Cypriot Transport Minister, Tasos Mitsopoulos, states the nation's shipping registry will not be affected by turmoil in banking sector. The Minister downplayed the impact of Cyprus's banking crisis on the local shipping industry, pointing out that none of the island's banks are active in ship financing, reports Tax-News. Despite Mitsopoulos's assurances, many shipping companies' bank deposits in Cyprus are expected to be heavily impacted by the banking sector developments


LISCR Appoints new General Manager for Greece

The Liberian International Ship & Corporate Registry (LISCR), the US-based manager of the Liberian Registry, has appointed Michalis (Michael) Pantazopoulos as General Manager of its Piraeus office. Michalis has extensive experience of, and a proven pedigree in, both shipping and Greece. He was previously Manager of the Fleet Service Division of leading ship management company Avin International S.A. in Athens. Before


Ship Registry Passenger Yacht Code Collaboration

BMT Nigel Gee collaborates with Cayman Island Shipping Registry to share industry knowledge and insight. BMT Nigel Gee, a subsidiary of BMT Group, is set to launch its latest technical paper in collaboration with the Cayman Island Shipping Registry (CISR). Developed to provide insight for a wide range of industry stakeholders, the paper examines aspects of the 2010 Passenger Yacht Code (PYC) which aims to provide a Safety of Life at Sea (SOLAS) equivalent code for yachts wishing to carry up


BWTS Fitting on Japanese VLCC a First

MOL VLCC: Image credit MOL

Mitsui O.S.K. Lines, Ltd. (MOL) plan to install a ballast water treatment system on an in-service very large crude oil carrier (VLCC). This will be the first such onboard system installed by any Japanese shipowner on an existing VLCC. The company chose the JFE Ballast Ace system developed by JFE Engineering Corporation. The installation will take place while the vessel is docked from March through April. Ballast water discharged while loading/discharging cargo carries marine organisms


YCF Group Expands Management Team in Germany

The YCF Group has appointed Carsten Gierga as managing director responsible for its activities in Germany. Suwarie Topaz, general manager, has also been promoted to vice-president, global marketing and business development with worldwide responsibilities. The YCF Group of companies includes the Liberian International Ship & Corporate Registry (LISCR), the exclusive administrator of the world’s largest quality ship register, EuroFlag Services (EFS)


Watson Named VP of Meridian Global Consulting

William H. Watson

William H. Watson has been appointed as Vice President of Meridian Global Consulting, LLC, a Mobile, Alabama-based scalable risk mitigation specialist consultancy. Company CEO Jonathan McConnell announced the appointment, stating that, “We are pleased that Will Watson has agreed to join the


PDMS Targets Maritime Industry with £1m Deal

Chris Gledhill

Maritime software engineering specialists PDMS Ltd. have announced an agreement for its U.K. subsidiary, Professional Data Management Services (U.K.) Ltd., to acquire certain parts of the business and assets of Maxima Information Group Limited


Liberian Registry Appoints Catsiba Manager in Dubai

Fay Catsiba

Fay Catsiba has joined the Liberian International Ship & Corporate Registry (LISCR) as Business Development Manager based in Dubai, U.A.E. Greece-born Fay, who holds a Master of Law from University College London, began her career in shipping 22 years ago as a lecturer in Maritime Law


Liberian Registry Backs IMO’s Ebola Advice

The Liberian Registry has come out in full support of the International Maritime Organization’s recommendation that there should be no general ban on international travel or trade due to the Ebola virus. Meanwhile, operation of the U.S.-based registry remains unaffected.


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


Private Equity Boosts Liberia Shipping Market

Scott Bergeron

The Liberian Registry says the entry of private equity funding into the ship finance market is helping to sustain its continued growth. Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR), the U.S.-based manager of the Liberian registry, said


Bibby Ship Management Boosts IOM Business

bibby.jpg

Bibby Ship Management has more than doubled the number of vessels under its Isle of Man statutory management service since last year, according to figures just released. Latest figures issued by the Isle of Man Ship Registry reveal a flagged merchant fleet of 442 vessels, amounting to 16,235


Oceanco Delivers Superyacht Equanimity

The industry’s first luxury superyacht designed and built to be PYC compliant The etymology of the word equanimity derives from the Latin aequus meaning balanced and animus meaning spirit or internal state. The concept of equanimity—internal balance— is both profound and


Bibby Ship Management Grows in the Offshore Sector

Mark Robertshaw, Managing Director, Bibby Ship Management – Isle of Man

Bibby Ship Management has secured a contract to supply crew management services for Chevron’s floating storage unit, the Alba-FSU. The crew will provide operating, loading and equipment handling services on the Alba Floating Storage vessel.


Liberian Registry Rated Best Performer - Paris MoU

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  Liberia has been confirmed as the best-performing major ship registry worldwide over the last three years in the latest statistics from the Paris Memorandum of Understanding (MoU) on Port State Control.   The Paris MoU statistics confirm that Liberia had the best detention rate


Liberia: Shipping Does Not Need New Regulations

One of the world’s largest and most active shipping registers, The Liberian Registry, has called on shipping regulators to ensure the effective implementation of existing rules to protect human life, safety and the environment, rather than creating new rules and regulations instead.


Panama's Alfonso Castillero Moves to Liberian Registry

Alfonso Castillero: Photo Liberian Registry

The Liberian Registry informs that Alfonso Castillero, former Director-General of the Panama Registry, has joined their organization as Vice-President. Castillero worked for sixteen years in the Panamanian maritime sector, rising through the ranks to become head of the registry and


Private Equity Drives New Ship Buys

“Greek shipowners invested around $13 billion in 2013, and already $5 billion in Q1 2014.”  Theo Xenakoudis, International Registries, Inc.

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


Isle of Man Flag Appoints Raja Ray as BDM, Singapore

Captain Raja Ray

  The Isle of Man Ship Registry has appointed Captain Raja Ray as business development manager in Singapore. The senior appointment is aimed at strengthening the flag’s position in the growing shipping markets of Asia Pacific.


Paris MoU Posts Performance Highlights

A St Kitts & Nevis-flagged vessel at home port and capital Basseterre

Following a three-year record of improved results from Port State Control (PSC) inspections, the London-headquartered St Kitts & Nevis International Ship Registry (SKANReg) has moved up to Grey List ranking on the Paris MoU performance lists covering Europe and the North Atlantic






 
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