November 2012

BMT Nigel Gee and Cayman Islands Registry Publish Joint Paper

BMT Nigel Gee and the Cayman Islands Registry are publishing a joint-paper on the 2010 Passenger Yacht Code and the flexibility it provides in yacht design.

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German Company Establishes Romanian International Registry

Romania has established an international ship registry to be managed by a German-owned company.

The Romanian International Flag Administration (Rifa) will be led by Albrecht Gundermann, who has also led the Liberian Registry's German branch.

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Flag States Could Be Required to Supplement IMO Staff

Ship registries may be asked to provide employees for the International Maritime Organization in a new proposal.

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LISCR CEO Visits US Treasury

Liberian Registry CEO Scott Bergeron met with the US Treasury last week to discuss the role of registries in the industry.

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Malta Favorable Shipping Haven

Malta's location and financial structures have made it an attractive base for the shipping and yachting industries.

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US Issues Jones Act Waiver During Storm Aftermath

The US has temporarily lifted Jones Act restrictions for tankers delivering refined petroleum products to East Coast ports following the fuel shortage caused by Hurricane Sandy, causing a rate increase.

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Puerto Rico Challenges Jones Act

Puerto Rico has requested a study into whether it should be exempted from the cabotage restrictions of the Jones Act, but the impact of the findings on potential changes to the legislation are yet to be determined.

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Depends on How You Look at It

This week Communications Director of the Liberian Registry Allison Williams submitted a letter to Lloyd's List challenging its claim that the Marshall Islands fleet "appears to be growing faste

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