April 2012

Flag and Port State Coordination Imperfect

A recent editorial demonstrates that while the cooperation between flag states and port state controls is inherently logical, some cases of detentions can arise that are not congruent with the overall goals of the system.

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Armed Security Guide

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Lloyd’s Register Closes Operations in Iran

Class society Lloyd's Register has confirmed in a statement that it has shut down its operations in Iran.

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Class Societies Establish Framework for Ice-Class Vessels

As opportunities emerge in shipping to explore the Arctic region, owners that wish to do so need guidance on what technical standards are required from vessels operating in the region, and Lloyd's Register has just published the first set of regulations for this niche sector.

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Singapore Registry Introduces New Benefits to Owners

The Maritime and Port Authority of Singapore has introduced new incentives for owners.

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US Law Firm Explains Sanctions' Practical Implications

Lawyers from Seward and Kissel explain the practical implications that sanctions against Iran and Syria have on the industry.

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Bolivia Registry to delist vessels if sanctions violations discovered

Bolivia Registry Director Zoilo Roca Kikunga says it will remove vessels in violations of international sanctions.

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Liberia a Preferred Flag for Greece

A recent report by the Greek Shipping Co-operation Committee (GSCC) indicates that Liberia is the most frequently chosen open register by Greek owners and second most chosen registry overall.

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Iranian Crude Oil Exports in Decline

A Lloyd's List Intelligence study indicates that Iranian crude oil export volumes for March 2012 were one-third lower than their monthly average for 2011, potentially suggesting that sanctions imposed on the country are having an effect.

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Potential Syria Weapons Delivery Foiled

A German-owned, Antigua and Barbuda-flagged ship that had been headed for Syria changed course after learning that it was possibly carrying military equipment that the regime planned to use against dissidents.

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