The Triton

Business

Marshall Islands registry now world’s second largest

ADVERTISEMENT

The Republic of the Marshall Islands’ fleet now stands at 223,262,177 deadweight tons, making it the second largest registry in the world in terms of DWT. It’s also the Greek shipping industry’s leading flag, with 791 ships totaling 62,190,301 DWT in its registry —  over 18.9 percent of total DWT of the Greek-owned fleet.

“Our office in Piraeus is the second largest of the RMI Registry’s 27 worldwide offices,” said Theo Xenakoudis, director of worldwide business operations and managing director of the Piraeus office.

In other news, the RMI Registry recently received preliminary confirmation that its U.S. Coast Guard Qualship 21 status will continue for 2017 — its 13th year in a row, said Bill Gallagher, president of International Registries Inc. IRI and its affiliates have provided administrative and technical support to the RMI Registry since 1990.

“This achievement is no easy undertaking for a major registry, whose ships make thousands of U.S. port calls, to maintain less than a 1 percent detention rate on a three-year rolling average basis,” Gallagher said. “The Qualship 21 designation means that ships flying the RMI flag are less likely to be detained in U.S. ports, which assists owners and operators in keeping their ships moving.”

For more information, visit www.register-iri.com.

Related Articles

Planning for the unforeseen that hits your finances

As I sit here reflecting on this month’s article I try to again think what is important to most of the readership. Perhaps some of you are always looking for that one little nugget of financial …

Sunseeker founder dies

Sunseeker International founder Robert Braithwaite died on March 7. He was 75. Sunseeker CEO Christian Marti announced the news on the company’s website: “Sadly, in the early hours of this …

Yacht crew plans to make waves with new tool

Barnacles and bio-fouling have been part of Nick and Wendy Benge's lives for years as crew of M/Y Evviva. They plan to combat the encrusters and help others clean hulls through a new business …

Derecktor promotes DeFreitas to GM

Derecktor promotes DeFreitas to GM

South Florida shipyard veteran Cliff DeFreitas as been named general manager of Derecktor Dania. He takes the duties of the position off the plate of company Chief Operating Officer Ken Imondi, who …

National Marine helps stranded travelers after Ft. Lauderdale airport shooting

National Marine helps stranded travelers after Ft. Lauderdale airport shooting

Ft. Lauderdale-based National Marine Suppliers put employees on alert this afternoon after a shooting at the Fort Lauderdale-Hollywood International Airport just blocks away. Five people are dead …

Meticulous captain, engineer can face diesel issues onboard

Nigel Calder, the dean of do-it-yourself yacht maintenance, in his “Boatowner's Mechanical and Electrical Manual" puts it very succinctly: "It is … of vital importance to be absolutely fanatical …

Comments

Leave a comment

Your email address will not be published. Required fields are marked *

Please answer the question below to leave a comment. * Time limit is exhausted. Please reload CAPTCHA.

This site uses Akismet to reduce spam. Learn how your comment data is processed.