

(Posted on 13/08/24)
Alfonso Castillero, the Chief Executive Officer of the Liberian International Ship & Corporate Registry (LISCR), the world’s largest ship registry, has delivered opening remarks at the launch of the innovative Registry Information Sharing Compact (RISC) database. This groundbreaking initiative, created as a sovereign decision by Member States and reputable flags, aims to keep flag registries informed and up-to-date with vessels' backgrounds and any sanctions issues.
The joint press conference, held in Washington, DC, was supported by the U.S. Department of State and included participation from several embassies representing various flags. The RISC database is a free online tool for consultation among flags wishing to share and access details on vessels' backgrounds. It allows flag registries to share and research information on problem vessels that may be evading regulations or engaging in suspicious activities. By sharing this data, flag registries can be more informed, eliminate risks, and prevent flag-hopping when under investigation.
"The Registry Information Sharing Compact database marks a significant advancement in our collective efforts to maintain the integrity and security of global shipping. With this platform we are strengthening our defences and working together to uphold the highest standards of compliance and safety,” said Castillero.
The Liberian Registry has a long-established track record of combining the highest standards of safety for vessels and crews with the highest levels of responsive and innovative service to owners. Comprised of over 5,500 vessels aggregating 260+ million gross tons, representing more than 16 percent of the world’s ocean-going fleet. Moreover, the Liberian Registry has a well-deserved reputation for supporting international legislation designed to maintain and improve the safety and effectiveness of the shipping industry and the protection of the marine environment.”??
Torvald Klaveness has announced the decision to consolidate all digital services under Klaveness Digital... Read more
The International Association of Dry Cargo Shipowners (INTERCARGO) has renewed its call for straightforward... Read more
The Swedish Club has delivered strong results for 2024, posting a USD 34 million profit and significantly... Read more
In line with NORDEN’s positive long-term outlook for Capesize freight rates, the company have... Read more
OrbitMI, a global provider of maritime software and data products, has expanded its workflow capabilities... Read more
Current ClassNK Senior Vice President Hayato Suga has been appointed as President & CEO as well... Read more
The surge in demand for Cape Size bulk carriers will continue for another six weeks, driven on by increased... Read more
OrbitMI, a leading provider of maritime SaaS software, has announced that Istanbul-based Statu Shipping... Read more
“The International Association of Dry Cargo Shipowners (INTERCARGO) is deeply saddened by the... Read more
As the shipping industry continues its transition to carbon-neutral fuels, ammonia and hydrogen are... Read more