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Marshall Islands Becomes Top Flag for World’s Tanker Fleet

marinesalvage by marinesalvage
September 1, 2023
in News
0
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marshall-islands-flag

Marshall Islands Becomes Top Flag for World’s Tanker Fleet

marshall-islands-flag

The Marshall Islands Registry has actually acquired the condition of the primary ship pc registry for the globe’s vessel fleet with 44.6 million gross loads, the Registry revealed Monday.

The condition was accomplished over the summertime with the enhancement of tonnage from markets in Greece, the United States and also Asia.

The Marshall Islands Registry currently stands at at complete 137.3 million GT, with an ordinary age of 8.7 years and also 3,937 complete vessels flying the Marshall Islands flag. The Registry keeps in mind that along with its dimension it additionally has a superb safety and security document, having actually acquired the united state Coast Guard’s Qualship 21 common and also 12 successive years on the Paris and also Tokyo MoU’s White Lists.

“Qualship 21 is a particularly difficult standard to meet,” stated Bill Gallagher, President, IRI. “As mentioned at the Connecticut Maritime Association’s (CMA’s) Shipping 2016 Conference, 13 of the 26 eligible flag States from 2015 fell off Qualship. This dramatic development in the spring led directly to the increased tonnage for the Registry in the summer. The RMI is the only flag State of the three largest that holds Qualship 21 status; where others have faltered, we have remained steadfast for more than a decade.”

The Marshall Island’s Registry takes the title of leading Flag State of the globe’s vessel fleet from Liberia, with 40.6 million GT, adhered to by Panama, Singapore, and also Hong Kong, with 36.1 million GT, 20 million GT, and also 18.9 million GT, specifically.

“Tanker tonnage undergoes a strenuous vetting process and choosing a quality flag is one of the most important factors in the process for owners, operators, and charterers,” proceededGallagher “Through our exceptional operations and customer service to so many of the world’s top shipping companies, the RMI Registry is in the business of running a high-quality and sustainable flag,” he proceeded. “We pride ourselves on our proactive approach to our shipowning customers, whether this means practical advice on ensuring that a ship meets port State control standards or addressing our owners and operators concerns in the development of international regulation, we provide a high level of support from any of our 27 worldwide offices,” he proceeded.

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Tags: Marshall Islands Registry
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