March 2012

Isle of Man Department of Economic Development opens Singapore Office

The Isle of Man Department of Economic Development has opened a satellite office in Singapore to further develop its burgeoning Asian presence.

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

MAR streamlines process for recognition of certificates of competency

The Portuguese maritime authority has reviewed its methods of recognizing certificates of competency of crew members in management positions on nationally and MAR-registered vessels.

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

US Law Firm Explains Impact of Sanctions on Trade

The U.S. law firm Holland and Knight explains that in today's world of sanctions on Iran, North Korea and Syria shipping companies need to be extra cautious in conducting trade.

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

Flag States to Issue Energy Efficiency Certificates

Flag states will be issuing international energy efficiency (IEE) certificates for newbuildings ordered after January 1, 2013 for delivery after July 1, 2015 to confirm that these vessels meet forthcoming IMO environmental guidelines.

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

Portuguese Maritime Admininstration's Offshore Wind Project

The Portuguese Maritime Administration is host to an experimental offshore wind project that “may be the start of an offshore energy revolution.”

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

Belize Registry Reaches 20-Year Milestone

The Belize registry celebrated its 20th anniversary this past year. In its press release acknowledging this milestone, the registry team reflected on its accomplishments over the past two decades and looked ahead to a promising future.

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

Industry Lawyer Skeptical about German Shipowners' Association's Flag Fundraising Scheme

Maritime lawyer Hans-Heinrich Nöll is uncertain of the effectiveness of the German shipowners' association VDR's current plan to increase registrations with the national and EU flags.

VDR's idea is to charge shipowners a fee around €15,000 to obtain a permit to flag out a ship, and use this revenue to help fund training programs on German and EU-flagged vessels.

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.