Registries around the world have expressed opposition to Brussels' proposed new classification society regulation, which would enact a universal certification of marine safety equipment once it became certified on one vessel, on the principles of sovereignty and safety.
Despite the German government's commitment to industry-friendly policies, notably the tonnage tax program, shipowners are finding it more cost-effective to register their vessels with flags of convenience, particularly in the current market.
Spain has amended legislation regarding eligibility to serve as chief mate and captain on nationally-flagged ships to comply with European Commission requirements.
For practical reasons and a result of technological progress, several leading classification societies are increasing the length of time between required drydocking inspections for vessels they survey.
Norwegian tanker company Odfjell plans to flag five of its ships with the Norwegian International Shipping Register to show national support for the registry.
The Pacific-based PNA intends to add 4.5 million square kilometers of deep seas to its areas blocked off to fishermen in order to protect the tuna population.
Singapore, Shanghai, and Hong Kong have developed into a triumvirate of Asian shipping power centers, each with different strengths to offer the market.
DNV has helped Indian energy firm Reliance Industries Limited (RIL) develop a safe, environmentally sound natural gas exploration and production program.
The ISRR's latest post addressed Iran's evasion of US sanctions through renaming its vessels and transferring their ownership to other countries. We thank the Wisconsin Project on Nuclear Arms Control for revealing Iran's actions.
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