LIBERIA’SGREEN AWARD INITIATIVE

GREEN AWARD INITIATIVE

T he Liberian Registry has become the first flag state to participate in the Green Award program, under which eligible shipowners are offered significant annual

tonnage tax discounts, at the same time helping Liberia to retain and improve on its position as the greenest fleet afloat.

Green Award is a global, independent, not-for-profit quality assurance organization which certifies ship managers and vessels that go beyond industry standards in terms of safety, quality and environmental performance. The Green Award scheme brings together ship managers who are willing to improve the safety and environmental performance of their vessels, and ports or private companies in the maritime sector which are willing to support vessels that go beyond international conventions and legislation in terms of ship lay-out and equipment, quality of operations and management.

Green Award-certified ships will be recognized and rewarded by the Liberian Registry for their efforts to minimize emissions and risks of incidents and accidents, while ensuring the best care for people and the environment. The Registry will offer a 3% tonnage tax discount annually to all Liberian-flag vessels that are certified. The discount will apply continually as long as the vessel remains in the Green Award program.

An official ceremony marking the Liberian Registry - Green Award initiative took place at the Registry’s stand at Posidonia 2016 in Athens, Greece. The Liberian Registry’s CEO, Scott Bergeron, and Senior Vice President and General Manager of the Registry’s Piraeus office, Dr. Michalis Pantazopoulos, accepted a Green Award commemoration to seal the cooperative agreement from Green Award Chairman Captain Dimitrios Mattheou.

GREEN AW

ARD INITIATIVE

www.liscr.com

DUBAI HAMBURG HONG KONG HOUSTON ISTANBUL LONDON MONROVIA NEW YORK PANAMA CITY

PIRAEUS RIO DE JANEIRO SEOUL SHANGHAI SINGAPORE TOKYO VIRGINIA ZURICH

The Liberian Registry is committed to helping ship owners and operators improve their green credentials and meet other corporate social responsibilities. Liberia is confident that the Green Award scheme will help achieve those objectives.

BENEFITS FOR GREEN AWARD-CERTIFIED LIBERIAN FLAG SHIPS

7 3% tonnage tax discount annually as long as the vessel remains in the Green Award program

7 Global Recognition for being a Green Award-certified vessel

7 Additional discounts from other Green Award incentive providers, including participating port authorities, classification societies and various maritime shipping services, products and technology companies

For more details on the benefits of becoming a Green Award-certified vessel, please visit www.greenaward.org.