Monthly archive

September 2013

China Opens Shores to Foreign Trade

China is now permitting foreign-flagged vessels registered with the transport ministry to trade across national coastlines within its 29 sq km Shanghai free trade zone.

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Indonesian Shipowners Support Cabotage Regime

The Indonesian National Shipowners Association (INSA) has expressed support for the nation's cabotage regulations. Asian Shipping Media site SeaShipNews reports:

Comoros Flag Accused of Questionable Practices

Comoros' Register of Ships has been brought into the limelight for an alleged lack of transparency regarding its fleet's size and whereabouts.

A feature in Fairplay reports:

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Panama Challenged for Not Acknowledging Cadets Under MLC

Unions are challenging the Panamanian Registry for its claims that cadets are not protected by the minimum labor standards set forth by the Maritime Labor Convention.

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Marshall Islands Registry Approaches 100m GT

The Marshall Islands Registry is poised to surpass the 100 million gross tons mark by the end of this year.

International Registries, Inc.'s worldwide business operations officer Theo Xenakoudis quoted the fleet as approximately 95 million gt at the 12th Annual Marine Money Asia Week this week.

Swedish Attorney Cites Flag as "At Crossroads"

Attorney Sören Thorlin of Skarp Stockholm Advokatbyrå argues that Sweden needs to establish a tonnage tax regime and establish an international registry if it wants to remain competitive as a maritime nation.

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Cayman Islands Registry Surpasses 110 Years of Business

The Cayman Islands Registry has recently reached the milestone of 110 years of operations.

The following press release has been posted on the Registry's website:

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YCF Group Appoints New Vice-Presidents and Managing Director

The YCF Group of Companies, which administers services for the Liberian and Luxembourg ship registries, has recently appointed new individuals to key positions at its Corporate Headquarters in Vienna, VA, USA and its Hamburg, Germany offices.

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Malta to Market Itself as Superyacht Hub

The Maltese yachting community has expressed the sentiment that with proper marketing it could position itself as the superyacht destination.

Australia to Lessen Cabotage Restrictions

Australia has announced intentions to reform current cabotage regulations in order to foster maritime trade.

The Australian reports:

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