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Editor in chief: Angelo Scorza
11/06/18 13:04

Liberian Registry’s great achievements

US Coast Guard report confirms its stellar PSC record LR presented Award for Excellence to 5 Greek owners

The Liberian Registry has seen a 62%t reduction in vessel detentions in the United States over past three years and, for the fifteenth year in a row, is not among those flags targeted by the US Coast Guard (USCG).

“Despite efforts made by other flags to confuse the industry, the USCG 2017 Annual Performance Report for Port State Control (PSC) makes it clear that, far from being targeted by the US Coast Guard, Liberia continues to provide effective, quality compliance solutions for its fleet. Liberia is not on the list of USCG-targeted vessels” commented Alfonso Castillero, CCO of the Liberian Registry, which continues to improve its PSC performance year after year, and currently has the fourth most vessels of any flag state enrolled in the USCG’s Qualship 21 programme.

“In addition, we are White-Listed by the Paris MoU and the Tokyo MoU.  Indeed, we had the lowest detention rate of all major flags (1.67%) in the 2017 Paris MoU and recorded a 20% reduction in detentions over last three years under the Tokyo MoU thanks to a 2% detention ratio change during that period, the biggest positive increase among all major flags in the Tokyo MOU”.

In China Liberia has achieved a 41% reduction in detentions thus far in 2018 compared to last year and is the only major flag able to show a decrease in detentions over past three years.

In Australia there has been a 49% reduction in detentions of Liberian-flag ships over last three years and a 6.4% detention ratio change, the biggest positive increase of all major flags in the country.

“With the use of a fully staffed Risk Assessment Department at its US head office, and an automated LRIT-based Compliance Assistance Program, the Liberian Registry works with its clients to ensure that their vessels are well-prepared for port calls in the world’s high-focus jurisdictions, and that any issues are properly reported and addressed” Castillero stressed. “This is one reason why we have had such an impressive increase in growth recently; owners have benefited tangibly from Liberia’s SeaSafe System and Compliance Assistance Program, without additional cost, and this has helped us expand into new markets. Last year we were the fastest growing flag in South Korea, a new and expanding market for us. In China we opened 3 new offices to keep up with demand; value-added services maintain our position as thelargest open registry in Greece. The Liberian Registry continues to invest in improving and maintaining quality, working closely with owners and managers to keep their vessels operating safely and efficiently. Out Port State Control record shows how effectively this is working, both in the US and elsewhere around the world.”

These days, the Liberian Registry has presented 5 Greek shipping partners with the Liberian Maritime Authority’s Commissioner’s Award for Excellence to commemorate the 70th anniversary of Liberia’s maritime program. Awards were presented in Athens to George Procopiou, Vangelis Marinakis, Panagiotis Tsakos, Panos Laskaridis and Dimitris Lemonidis, to recognize their contributions not only to Liberia but also to shipping and the community at large. All the recipients have diversified activities in other sectors, are renowned for their contributions to culture and public interests and were identified on the Top 100 lists of most influential shipping personalities.

George Procopiou, founder of Dynacom Tankers Management, started his active co-operation in 2001 shortly after LISCR took over as the administrator of the Liberian flag; his company has become Liberia’s largest client in Greece in terms of numbers of ships and dwt.

Vangelis Marinakis has developed Capital Ship Management into a diversified shipping enterprise, with a very large fleet of Liberian-flagged ships, and has one of the best safety records in the Greek-owned fleet as determined by both flag state and port state inspections.

Panagiotis Tsakos, founder of Tsakos Shipping & Trading, has built one of the largest shipping companies in Greece. The Tsakos-owned tanker Ise Princess became Liberia’s 3,000th active vessel in 2009 exactly 60 years after the registration of Liberia’s very first vessel in 1949. 

Panos Laskaridis, current President of European Community Shipowners Association, led Liberia to become involved in regulating the fisheries transhipment business, that in turn resulted in Liberia becoming an active member of 6 Regional Fishery Monitoring Organisations globally.

Dimitris Lemonidis established Element Shipmanagement, his second start-up after co-founding Ciel Shipmanagement together with Kostis Konstantakopoulos.