News Items

Cyprus Lifted from Russia Ministry of Finance Black List

Cyprus has been removed from the Russian Ministry of Finance Black List of offshore finance jurisdictions effective January 1, 2013.

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International Chamber of Shipping Explains MLC Requirements

The International Chamber of Shipping has outlined the measures required as the industry prepares for the Maritime Labor Convention's implementation in 2012.

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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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Greek and Italian Ferry Competitors in Dispute

A Greek ferry provider has requested that the EU prohibit some benefits for the International Italian Register it claims are giving these ships an unfair advantage in the Adriatic trade.

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Germany to Continue Subsidizing Fleet

Germany will maintain subsidies for shipowners who register nationally in order to further strengthen the Germany fleet.

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