Marshall Islands Registry сelebrates 200 th registered vessel by Korean owners
International Registries, Inc. and its affiliates (IRI), provide administrative and technical support to the Republic of the Marshall I slands (RMI) Maritime and Corporate Registries. Since the opening of IRI’s office in Seoul in 2007 , 201 vessels owned/operated by Korean interests have been registered in the RMI. As of the end of October 2014, the RMI fleet stood at just over 112 million gross tons and 3,300 vessels, the Marshall Islands Registry said in its press release.
Korean owners follow Greece, the United States and Norway, in that order , as the fourth largest shipowning group in the Registry. “The growth in the number of Korean - owned vessels joining the RMI fleet has been remarkable particularly if you consider the general downturn in the shipping sector during the last few years ,” said Bill Gallagher, President of IRI. “ We are grateful to our Korean owners for their continued support and look forward to strengthening our relationship with them in the years ahead,” he continued. The RMI Registry works closely with all of its owners and operators and strives to promote the quality of vessels registered. The RMI is the only major open registry to be included on the White Lists of both the Paris and Tokyo Memorandums of Understanding (MoUs) and to hold Qualship 21 status with the United States Coast Guard for an unprecedented ten consecutive years.
