fleet highlights port state control
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FLEET HIGHLIGHTS & PORT STATE CONTROL
Seagoing vessels of any tonnage engaged in foreign trade and vessels under construction are eligible for registration in the Republic of the Marshall Islands (RMI). Vessels should be under 20 years of age at the time of registration. Waivers may be granted for older vessels depending upon their condition and classification. Applications for vessels 15 years of age or older should be submitted with a Status Report of the vessel’s Statutory Survey and Certification and a copy of its latest Intermediate or Special Survey Report. Ownership of RMI registered vessels must be through an RMI business entity. Entities such as corporations, general or limited partnerships, limited liability companies, or qualified foreign maritime entities are sufficient for this purpose.
The benefits of vessel registration under the RMI flag do not stop once the registration process is completed. Regulatory and technical assistance are available on the procedural aspects of operations during the entire time the vessel is registered under the flag.
Port State Control Detention Trends (%)
Marshall Islands Liberia Panama
USCG
0.79% 1.24%* 1.08% 2.19% 3.01% 3.31%Tokyo MoU
1.54% 2.05% 5.18%Paris MoU
7.46%**4.23% 6.02%AMSA
*LiberiaistargetedforadditionalPSCexaminationsbytheUSCGforhavingadetentionratiouptotwotimestheoveralldetentionaverage.
Sources: 2019 Port State Control Annual Reports.
** Liberia has exceeded the overall AMSA averagedetentionrateoverthethreeyearsfrom2017–2019andislistedamongthetopfiveworstdetentionratesbyflagState.
SERVICES INCLUDE:
• Vessel/Yacht Registration• Mortgage and Lease
Financing Recordation and Documentation
• Vessel Inspection• Radio Station Licensing• Officer and Crew
Examination/Certification• Seafarers’ Identification
and Record Books• Technical Assistance• Investigations• Information on Maritime
Regulations and Port Activities
[email protected] www.register-iri.com
International Registries (U.K.) Limited in affiliation with the Marshall Islands Maritime & Corporate Administrators
Fleet Types through28February2021
Fleet Growth through28February2021
0
40
80
120
160
200
0
3,000
6,000
9,000
12,000
15,000
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
VESS
ELS
MILLIO
N GT
2019
2020
2021
VESSEL TYPE NO. OFVESSELS % OF FLEET % OF FLEET
GROSS TONSGROSS TONS
BULK CARRIERCONTAINERGAS CARRIERGENERAL CARGOMISCELLANEOUSMOUOSVPASSENGERTANKERYACHT
TOTAL FLEET (NO. OF VESSELS)
4,842TOTAL FLEET (GROSS TONS)
180,131,113
1,717330205157
79161251
171,291
634
40%10%
9%3%
0.25%4%
0.28%0.30%
34%0.11%
72,227,16117,915,31415,314,960
4,764,694441,652
6,608,886512,162534,030
61,618,222194,032
35%7%4%3%2%3%5%
0.35%27%13%
The RMI Maritime Registry is one of the leading registries in the world surpassing 180 million gross tons at the end of February 2021. The RMI is not only white listed with the Paris and Tokyo Memorandums of Understanding (MoUs), but has also maintained QUALSHIP 21 status with the United States Coast Guard for 16 consecutive years, which is unprecedented. In addition, the RMI meets the flag criteria for a low risk ship under the Paris and Tokyo MoU’s New Inspection Regimes. These factors, in addition to the Registry’s investment in people and expertise, also contribute to the overall growth of the Registry. The most important asset to the RMI Registry is its customers, and IRI strives to provide them with full service from any of its 28 worldwide offices, 24 hours a day, seven days a week.