Monthly archive

June 2019

Marshall Islands Remains On Paris MoU White List

Source RMI: The Republic of the Marshall Islands (RMI) remains on the white list for Paris MoU for 2019. Paris MoU Committee published the 2018 inspection results and adopted new performance lists for flags and Recognized Organizations (ROs) at its 52nd meeting last month. RMI has been recognized by the Paris MoU since 1999

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Liberian Registry cements position on Paris MoU and Tokyo MoU White Lists

Source: LISCR Press Release 6/25/2019: The Liberian Registry has once again been included on the White List of low-risk flags in the 2018 Annual Report of the Paris Memorandum of Understanding (MoU) on Port State Control, covering the European region. It has been white-listed by the Paris MoU now for almost 20 years.

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Automated Identification System (AIS) tracking and sanctions compliance

Source: P&I insurance broker P. L. Ferrari & Co. Newsletter - 7th June 2019 Enforcement of sanctions has recently intensified and, in particular, the US Department of Treasury has strengthened their controls and surveillance to identify ships trading in the sanctioned countries / areas (see our Newsletters from 2/19 to 6/19).

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Cyprus sets new targets for the shipping industry

Source: Stelios A. Stylianou & Co LLC - The is aim to ensure competitive taxation and minimal bureaucracy

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Maersk Third Shipping Giant to Join Traxens

Danish shipping major A.P. Moller – Maersk has decided to join its counterparts CMA CGM and the Mediterranean Shipping Company (MSC) as a key shareholder and customer of Traxens, a provider of container tracking solutions.

As informed, Maersk will invest capital in Traxens and have similar shareholder rights as CMA CGM and MSC in the company.

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Registration of Vessels in the Cyprus ship Registry (new policy May 2019)

6/3/2019 Source: Maritime Cyprus admin - The Cyprus Sh

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