The Republic of the Marshall Islands (RMI) will give Green Award certified ships a 30% discount on annual marine services fee.
"Age is often an indicator of a greener fleet, and the RMI fleet is the youngest of any of the top 10 registries. We have always aimed to make our fleet environmentally friendly and so we are pleased to see that more than 16% of Green Award vessels are RMI flagged,” said Green Award Chairman Dimitrios Xenakoudis.
The RMI has also maintained its Qualship 21 status for 14 consecutive years and, in addition, more than 28% of the United States Coast Guard's E-Zero designation vessels are RMI flagged, he added.
“It is noteworthy to see that so many RMI owners and operators are going beyond the industry's standard for environmental performance measures," said Xenakoudis.
Owners and operators interested in learning more about the RMI Registry's new incentive for Green Award certified vessels can email email@example.com.
Green Award certifies sea-going oil and chemical tankers, bulk carriers, LNG and LPG carriers, container carriers, inland navigation barges and inland passenger ships. Its assessment criteria cover environmental, quality and safety aspects, and performance of management and the crew.
International Registries, Inc. and its affiliates (IRI) provide administrative and technical support to the Republic of the Marshall Islands (RMI) Maritime and Corporate Registries. The RMI Registry is the second largest registry in the world, surpassing 162 million gross tons with 4,442 vessels at the end of August 2018.
Photo credit: Pixabay
Published: 14 September, 2018
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.
‘We [Consort Bunkers] have the opinion that the bunker business in Singapore is not related to the widely reported earlier cargo commodity trading mishaps,’ company source tells Manifold Times.