ship registration

A recent discussion among experts regarding maritime security policy addressed the need for international regulation to apply to all flag states.

International Chamber of Shipping Chairman Masamichi Morooka has written to the Chinese Minister of Finance requesting the Ministry reconsider the impact of its value-added tax on foreign companies.

The ICS reports:

U.S. Senator Richard Shelby has proposed an amendment which would permit foreign vessels to transport U.S. Navy equipment across domestic ports.

The Korean and Russian Registers of Shipping have signed a Memorandum of Understanding regarding shipbuilding regulations for vessels intended for Arctic region transport.

Lloyd's List reports:

The Greek Ministry of Finance has assumed responsibility of the country's ship registry according to a press release from Athens News Agency:

Cypriot entities which opted into the tonnage tax during its first year offered will experience a fleet review to ensure they continue to meet the required quota of EU flagged ships for tonnage tax qualification.

Andreas Neocleous & Co reports:

Shipping & Transport - Cyprus

The current issue of The Superyacht Report features three commentaries by service providers in the ship registration industry regarding what owners should consider when choosing a flag.

Common factors cited include repuation of flag, quality of surveyors available and cost.

Drewry Shipping Consultants has highlighted the higher costs of shipbuilding in the US compared to other nations in light of Matson's recent order for two US vessels:

The Marshall Islands Registry, already a longstanding member of the Paris MoU White List, is taking action to even further improve its standards.

TradeWinds reports:

Norwegian Maritime Authority director-general of shipping and navigation Olav Akselsen has written about the highlights of the country's ship registries: