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Marshall Islands flag passes 125m gross tonnes mark

Marshall Islands flag passes 125m gross tonnes mark
The Republic of the Marshall Islands (RMI) Registry has passed the 125m gross tonnes mark with 3,640 vessels under its flag as at end-September.

The latest figure represents a 25% increase in tonnage in just 20 months since the RMI Registry celebrated passing the 100m gross tonnes mark in January 2014.

“The fleet has been growing rapidly largely in part to our ability to provide timely services through our decentralized model,” said Bill Gallagher, president of International Registries, Inc. (IRI), which provides administrative and technical support to the RMI Registry.

IRI has been increasing its global network of offices in step with the RMI Registry’s growth, in order that technical experts are on hand to assist owners and operators of Marshall flag vessels. Most recently it opened its 27th office worldwide in Manila, the Philippines.

“Opening an office in Manila is a natural fit for the RMI Registry as more than 35% of seafarers serving on RMI flagged vessels hail from the Philippines,” Gallagher said.

IRI expects the new office to work in conjunction with the RMI Registry’s existing representation in Hong Kong and Mumbai “to help improve the speed with which seafarers’ documents are issued,” added Annie Ng, head of Asia for IRI. Four experienced staff are being employed initially, taking IRI’s worldwide headcount to over 350 employees.

In total more than 25 people have joined IRI during the past year, including John Gallagher, formerly vp – corporate business development for ABS; John Taverner, ex-Lloyd's Register; Rob Lorigan, formerly with Overseas Ship Management and before that the US Coast Guard for 30 years; Dave Wamsley, also ex-ABS; and Rob Lomas, former Secretary General of Intercargo.