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St Kitts And Nevis' Ship Registry Optimistic About Indian Enquiries

by Phillip Morton, Investors Offshore.com

03 November 2009


The St Kitts and Nevis International Ship Registry is hopeful that recent developments will mean a significant increase in business from India, with more businesses and individuals requesting to register under the St Kitts and Nevis flag.

The registry has authorized the Indian Register of Shipping to carry out surveys and issue statutory certification for vessels registered on its books.

The agreement, based on the IMO’s (International Maritime Organization) model for such agreements, was formalized during last week’s India Shipping Summit in Mumbai, jointly organized by Seatrade and Tradewinds.

“IR Class first approached us in 2008 to allow them to be authorized for statutory services by us,” explained International Registrar of Shipping & Seamen for the St Kitts and Nevis government, Nigel Smith.

“After an investigation of their capabilities and following lobbying by some of our Indian-based owners we entered into further discussions with them. Being an associate member of IACS and complying with the IACS Quality System Certification Scheme, we consider their standards will enhance the recent measures we are taking to improve the condition and age profile of ships on our registry.”

He went on to add that he expects that some Indian-based owners who have ships under construction in Indian shipyards, which the Indian Register of Ships is supervising, will now wish to flag these ships which are intended for international trade, with St. Kitts and Nevis.

“With the Indian Register of Ships expanding its overseas network of offices and surveyors and the active work by our Cochin-based Maritime Registrar, ISB India, we see the prospects for a greater relationship with Indian ship-owners and managers as a result of this agreement,” announced Smith.

He concluded by revealing that that officials from the Registry had had a number of enquiries and in-depth discussions with interested owners and managers at the Summit.


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