Yesterday, the Liberian International Ship & Corporate Registry (LISCR) announced a new sustainability program that will relieve a portion of ship owners’ tonnage tax burdens upon participation. LISCR intends to be the “ensure that Liberia remains the greenest fleet afloat,” said CEO Scott Bergeron.
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.
New Zealand has proposed a Bill that would introduce amendments to the 1994 Maritime Transport Act including implementation of three international maritime conventions and blood-alcohol limits for crewmembers.
The Maritime Authority of New Zealand has implemented legislation requiring fishing vessels operating in local waters to be flagged nationally within the next four years.
The Maritime Authority of New Zealand has implemented legislation requiring fishing vessels operating in local waters to be flagged nationally within the next four years.