October 19, 2019
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The Lone Star keeps flying high: Liberian Registry Provides reasons to celebrate on National Flag Day

On its National Flag Day, August 24, Liberia has firmly established itself as the most popular and most innovative ship registry in the world with over 4,200 vessels, more than 150 million gross tonnage and unparalleled safety- white listed with all Port State Control (PSC) authorities.

In its World Fleet Monitor July 2018, leading shipping services provider, Clarksons, confirms that Liberia is the fastest growing major open registry in 2018 in the global shipping industry since the establishment of the country’s registry in 1948. Liberia’s gross tonnage growth rate for the seven months to end-July 2018 was 3.6 percent; double that of the Marshall Islands (1.8 percent). Over the same period, Panama recorded a zero-growth rate. Liberia was also the fastest growing flag in the maritime offshore sector.

The Commissioner and Chief Executive Officer of the Liberia Maritime Authority (LiMA) Dr. James F. Kollie says these are momentous times for Liberia and its shipping services. According to him, these feats are being brought to bear when just last year, the country was re-elected to the Council of the International Maritime Organization (IMO) - a position it has held continuously since 2012.
The LiMA Boss stressed that the recognition solidifies Liberia’s position as a leading and widely respected maritime nation and decision-maker at the UN agency charged with the responsibility of regulating the international shipping industry.

“This year, on National Flag Day, the Liberian flag celebrates 171 years of existence. The Liberian Registry, meanwhile, is celebrating its 70th anniversary this year, and it does so in a position of great strength,” Liberia Maritime Commissioner and Chief Executive Officer, Dr. James F. Kollie says.

Being the fastest growing flagged ship registry in the industry did not come as a walk in the park but through the introduction of regimented innovative strategies and policy frameworks in line with international best practices with the edge of being well-equipped and demonstrably able to help ship owners and operators worldwide navigate extremely challenging industry conditions and a difficult economic climate.

“Liberia understands the difficulties which ship owners face, and develops practical, problem-solving solutions by way of response. Industry-leading initiatives which it has introduced recently include the development of an Electronic Oil Record Book (ε-ORB), a Marine Environmental Awareness and Ship & Cyber Security computer-based training program, and sophisticated Ship New build Services,” the Liberia Maritime Authority CEO indicated.

He states that the Liberian Shipping Registry is also progressively upgrading its state-of-the-art web-based client interface system, Way Point, which enables ship owners and operators to gain instant access to a vast range of information, including their fleet details, certificates, and inspection schedules.

“Meanwhile, the Liberian Registry continues to expand its global outreach, most recently opening new offices in Asia in Guangzhou, Ningbo, Qingdao, Tianjin and Taipei to meet the demands of the growing market there, and expanding its already extensive worldwide network in the process.

Already, Liberia has the second largest market-share of 12% of world fleet recorded in 2017 with more than 400 inspectors and auditors, 260,000 active seafarers, 180 fulltime employees who are rendering services on a 24/7 basis.

Liberia Maritime Authority Commissioner has assured that Liberia will continue to develop new and innovative solutions for the industry, providing the level of quality service which ship registries are meant to offer and the shipping industry needs and deserves, and which the Liberian nation can be justifiably proud of.

At the moment, the Liberian Registry has a long-established track record of combining the highest standards of safety for vessels and crew with the highest levels of responsive and innovative service to owners.

Moreover, it has a well-deserved reputation for supporting international legislation designed to maintain and improve the safety and effectiveness of the shipping industry and protection of the marine environment.

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Last modified on Wednesday, 14 November 2018 13:16
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