Monthly archive

April 2013

Another Show of Solidarity

Zela Shipping Managing Director and Cyprus Union of Shipowners Chairman George Mouskas joins Safe Bulkers' CEO Polys Hajioannou in supporting their national flag, calling on fellow Cypriot owners to follow suit.

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Some Flagging Out by Greek Owners

A recent study from the Greek Shipping Co-operation Committee indicates that while the national flag remains the most popular choice for domestic shipowners, there have been some reflagging to registries as Malta, the Marshall Islands and Panama over the past

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Making Sense of It All

The Official Guide to Ship Registries has been following closely the financial developments in Cyprus over the past few weeks, consulting the Cyprus flag, Chamber of Shipping, lawyers, academics and the trade press in order to obtain the most well-rounded perspective possible.

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The Corporate Perspective: Law Firm Asserts Cyprus Remains Favorable Locale

In addition to remaining a favorable jurisdiction for shipping, Cyprus maintains a stable environment for company registration, states a national firm.

Patrikious Pavlou & Associates reports the following:

Marshall Islands Fleet Now 25% Asian-owned

Asian-owned vessels now account for a fourth of the Marshall Islands Registry's tonnage.

In the following Fairplay article, President Bill Gallagher speaks about firm's efforts to foster its relationship with Asian clients.

Asia hits 25% at Marshall Islands register

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Cyprus-Troika Loan Agreement Approved

The Cyprus Chamber of Shipping has issued a press release confirming approval of the Cyrpus-Troika Loan Agreement at the Eurogrpoup Meeting in Dublin today.

The Chamber states:

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Industry Comments on 'Assessment' Question

Earlier this week we posed the question of whether "crisis" was a fair term to describe Cyprus' current financial state and encouraged readers to share their own thoughts. Our first comment comes from Mr.

The Jones Act Exemption Discussion, Continued

Following our learning of the Hawaii State Legislature's interest in proposing an exemption of noncontiguous territories from the US-Build Requirements of the Jones Act, the OGSR reached out to the Hawaii Shippers Council (HSC) for more details.

Is 'Crisis' a Fair Assessment?

Even in the context of affirmations from Cyprus' Department of Merchant Shipping, Shipping Chamber and owners that the country is working through its financial challenges, the OGSR sees media outlets attempting

Attorney Michael Chalos Presents on Marpol Annex VI

Partner Michael G. Chalos of law firm Chalos O'Connor LLP recently presented at the Heidmar Pool Forum on the Marpol Annex VI regulations.

Chalos has generously shared a copy of the presentation with the OGSR, which we have posted for our subscribers' reference here.