The RMI Registry said instead it will continue to provide 'a transparent pricing structure' for the issuance of key certificates needed by shipowners.
This news comes after the IRI found out, through discussions with several of the major Classification Societies, that Liberia has now joined Panama, Belize, and Honduras in the practice of adding a flag State surcharge to the Class fees for such certificates.
We affirm to our shipowners, shipoperators, and Recognized Organizations that the Republic of the Marshall Islands Registry has no intention of following suit. In the very competitive world of ship registration, the terminology "free" is used loosely. We are determined to remain transparent. Owners can rest assured they will only be responsible for agreed and published fees with no back door or hidden surcharges,
...noted Bill Gallagher, President of IRI, which provides administrative and technical support to the RMI Registry.