Monthly archive

June 2013

BISL-Belize Debate Heats Up

The debate between Belize International Services Limited (BISL) and the

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Paris MoU Published 2012 WGB Lists

The Paris MoU has published its White, Grey and Black Lists for 2012.

The tables, which evaluate flag performance based on inspection and detention numbers, are updated annually and serve as a leading indicator of a registry's quality.

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IMMARBE and IBC Owner Claims Government Takeover "Breach of Contract"

Belize International Services Limited, the company which owns IMMARBE and the IBC Registry, claims the government's recent takeover of the registries is a "flagrant breach of contract."

Local news station 7 News reports:

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Belize Government Assumes Ship and Corporate Registry Control

The Belize Government has assumed control of IMMARBE and the IBC Registry effective yesterday.

Belize International Services Limited, which owns part of the International Merchant Marine Registry of Belize (IMMARBE) and the International Business Companies Registry (IBC) had had a Management Services Agreement with the Ministry of Finance which ended June 10, 2013.

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Malta Considers Building Maritime Hub

Malta has expressed interest in developing a maritime hub at the former Malta Shipbuilding location featuring marinas, repair and supply facilities, insurance and legal companies and a maritime school.

Economy Minister Chris Cardona speaking on behalf of the plan last week said it would further develop the nation's already strong shipping industry:

Worldwide Fund for Nature Unfairly Attacks Flag State System

The World Wide Fund for Nature (WWF) has recently issued a report on "Accidents at Sea" in which the organization launches some broad generalizations on flag states without providing many specifics on which registries they are basing the

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EU Seeks to Streamline VAT Region

The following article appeared in the April 2013 edition of the RegisteraYacht.com newsletter.

EU tightens VAT net in Mediterranean

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Some Flags Concerned with BWC Deadline Extensions

Some maritime nations are debating whether delays to ballast water legislation implementation would take away from its intended environmental effects.

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Paris MoU Prepared for MLC

The Paris Memorandum of Understanding on Port State Control demonstrated a preparedness for the implementation of the Maritime Labor Convention (MLC) at their 46th Committee Meeting last month. The organization reports:

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Greece Reaches Standstill on Yacht Cabotage Regulations

Greece has reached a stalemate on cabotage regulations that could limit its potential in becoming a thriving superyacht center.

Members of the industry who convened at the second Posidonia Sea Tourism forum May 28-29, 2013 expressed this sentiment.

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