Isle of Man Ship Registry joins Asian Shipowners Association
The Isle of Man Ship Registry (IOMSR) is the latest international register to join the Asian Shipowners Association (ASA) as an associate member.
The IOMSR has been investing in the Asian region which now accounts for the majority of its tonnage and Deputy Director Toby Brooks said it therefore makes sound business sense to throw its weight behind the ASA.
“Although the IOMSR client base is traditionally European – with Greek owners a very important contingent – about two-thirds of Isle of Man tonnage is now managed from Asia, and the percentage is rising. Moreover, we are expanding our presence across the region with full-time representatives in Singapore, China and Japan,” Brooks said.
ASA ordinary members include the national shipowners’ associations of ASEAN member countries, Australia, China, Chinese Taipei, Hong Kong, Japan and Korea. Its standing committees are involved in ship recycling, seafarers’ welfare, marine environmental issues, maritime trade policies, insurances and legal matters.
Listen to a recent episode of the Seatrade Maritime Podcast with Cameron Mitchell from the Isle of Man Ship Registry
The association also has a growing list of associate members which include the Marshall Islands Registry, Liberian Registry, and the Panama Maritime Authority, which administers the Panama flag.
Yuichi Sonoda, ASA Secretary General, said: “We welcome the IOMSR to be part of our family and through our platform, we encourage all ASA members to liaise with one another and to help promote cooperation, amity and friendship amongst all our members.”
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