The Republic of the Marshall Islands (RMI) announced that is now the second largest registry in the world, in terms of DWT, as its fleet stands at 223,262,177 deadweight tons (DWT).
“This is a very significant milestone for the RMI Registry,” said Bill Gallagher, President, IRI. “A strong legislative framework, customer driven service ethos, and a commitment to quality have all been key to our continued success”.
In addition, the RMI consists the Greek shipping industry’s leading flag. The flag today has 791 ships totaling 62,190,301 DWT (over 18.9% of total DWT of the Greek owned fleet) in its registry, making it the largest flag used by Greek controlled ships.
“Our office in Piraeus is the second largest of the RMI Registry’s 27 worldwide offices,” said Theo Xenakoudis, Director, Worldwide Business Operations and Managing Director of the Piraeus office”.
“We are delighted that our Greek owners and operators continue to hold the RMI Registry in such high regard which has been reflected in the Greek Shipping Co-operation Committee’s March 2017 Greek Controlled Shipping Report which shows the RMI as the number one choice of flag for Greek owners and operators,” he continued.
Furthermore, the RMI Registry has received preliminary confirmation that it will continue its United States (US) Coast Guard (USCG) Qualship 21 status for 2017.
“This is the 13th year in a row that the RMI Registry has held its Qualship 21 status,” said Bill Gallagher. “The Qualship 21 designation means that ships flying the RMI flag are less likely to be detained in US ports, which assists owners and operators in keeping their ships moving,” he concluded.
Source: IRI