CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. CISR 'White-Listed' Under Tokyo Port State Control MoU

CISR 'White-Listed' Under Tokyo Port State Control MoU

by Mary Swire, Tax-News.com, Hong Kong

19 May 2009


Congratulations were recently exchanged between the George Town headquarters of the Maritime Authority of the Cayman Islands (MACI), parent organization of the Cayman Islands Shipping Registry (CISR), and its European Regional Office in Southampton, UK, on the announcement of the CISR attaining "White List" status under the Tokyo Memorandum of Understanding on Port State Control (MOU).

This particular MOU has been signed by 18 countries including Japan, Australia, New Zealand, China, Canada, Chile, Republic of Korea and the Russian Federation.

Previously on the "Grey List", the MACI had worked arduously to achieve the top ranking by diligently upgrading and improving the calibre of its worldwide fleet of vessels.

"This is a great achievement for us, and, more so of our Safety and Survey Division, although the entire organization contributed to this success," said the MACI's CEO, Mr. A. Joel Walton.

"Tokyo is one of the most important MOUs internationally, and brings further recognition to the high standing of the Cayman Islands Shipping Registry," he added.

The Cayman Islands is already on "White List" status under the Paris MOU, again in recognition of the quality of the fleet on its Register, and it's also part of the "Red Ensign" Group of British maritime administrations and is the flag of choice for the majority of the world’s mega-yachts.

Established in 1903, when George Town was first established as a port of Registry, the CISR today continues to carry on the Cayman’s rich maritime tradition around the globe.

At present, the CISR is represented in nine locations in eight countries. In addition to the George Town Head Office, these are the European Regional Office in the UK, and representatives in London, Ft. Lauderdale, Monaco, Athens, Hong Kong, Singapore and Tokyo.

Additionally, the MACI is a signatory to agreements with various international classification societies delegated to enact on its behalf. These include: American Bureau of Shipping (US); Det Norske Veritas (Norway); Bureau Veritas (Paris); Registro Italiano Navale (Italy); Nippon Kaiji Kyokai (Class NK, Japan); Germanisher Lloyd (Germany), and Lloyds Register (UK), all of which are members of the International Association of Classification Societies (IACS).


To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »