ship registration

The Cayman Islands Stock Exchange (CSX) is banking on its strength as a maritime center by tailoring its listing rules toward shipping companies of all fleet sizes.

The official press release reports:

Taiwan Co-operative Bank is currently requiring permanent Panamanian ship mortgage registrations. TradeWinds reports:

The African Union is develpoing a cabotage regime among member states in the hopes of boosting its share of the world fleet.

Fairplay reports:

Norton Rose Fulbright Associate Peter Lamb has written an evaluation of South Africa's current maritime policy, namely its interest in acquiring ships to its register, a goal Lamb argues shouldn't be the highest priority for the country in developing its maritime sector.

The OGSR finds author Rose George unfairly criticizes open registries in her recent book Ninety Percent of Everything: Inside Shipping, The Invisible Industry that Puts Clothes on Your Back, Gas in Your Car, and Food on Your Plate.

Coordinators from last week's Africa Martime Indaba conference have shared SAMSA CEO Commander Tsietsi Mokhele's presentation from the event with the OGSR. 

The Liberian Registry has been recognized in the Lloyd's List Global Safety Awards for its commitment to upholding seafarer standards beyond those set by the Maritime Labor Convention, as well as its efforts to bring home the crew of the abandoned A Whale, whose captain, Khan Jubail Niaz, was named Seafarer of the Year. The registry reports:

The US government has restored full funding of $186 million for its merchant fleet in its recent budget proposal.

Fairplay reports:

US-flag funds restored

Seward and Kissel partner Bruce Paulsen spoke with Fox News on issues surrounding piracy in response to the hijacking of the U.S. vessel C-Retriever this past week. 

Indian based Varun Shipping has transferred five anchor-handling vessels from the national registry to the Cyprus flag.

TradeWinds reports:

Varun's move pays off