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Liberia Registry hits 200m gross tonnage milestone

The Liberian Registry has grown in tonnage to 200m gt reaching a milestone confirming its position as the world’s second-largest ship registry.

Michele Labrut, Americas Correspondent

May 20, 2021

1 Min Read
Alfonso Castillero CEO of the Liberia Registry
Alfonso Castillero CEO of the Liberia RegistryPhoto: Liberian Registry

The registry’s sustained growth has come from expansion into new markets, augmenting staff and services.

“This historic milestone and the Register’s rapid growth in the past two years is a testimony to the quality of service and responsiveness provided by the Liberian Registry, but also to the trust placed in the Liberian Registry by a majority of the world’s quality shipowners and operators, ” said Alfonso Castillero, Chief Operating Officer of the Liberian International Ship and Corporate Registry (LISCR).

 “I want to highlight that we achieved this growth responsibly with a focus on new, technologically advanced, efficient, safe vessels joining the Liberian fleet.  As the Liberian fleet has grown at this rapid pace, Liberia’s Port State Control performance and its safety record with all independent rating bodies has been outstanding and improving; the Registry maintains its position on the White List of the major Port State Control MoUs, and experiences double digit detention reduction across the world.  This is all done to the benefit of the safety of the ships, crews, and the marine environment.  We are the leader in service, and the leader in quality,” he added.

Liberia continues to be the number one flag choice of Greek shipowners, German shipowners; and has a growing number of shipowners from Japan, South Korea, and China.

Related:Liberian Registry opens new Busan office in South Korea

Liberia has registered 524 ships in 2020 and 276 vessels to date in 2021, of which 28% were newbuilding deliveries.  Currently the Liberian fleet stands at 4,750 vessels and 200m gt.

The average age of the Liberia-flagged fleet is at the moment, 10.8 years and the fleet’s average age continues to decrease because of the increasing number of new builds entering the registry.

 

About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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