First two ships registered with Palau International Ship Registry

2012-10-12

The newly formed Palau International Ship Registry is delighted to announce that it recently processed its first two vessel registrations at a historic inauguration ceremony.

At the ceremony, held in Singapore on 28 September, the cruise/passenger vessels Amusement World (12,764 GRT) and Leisure World (15,653 GRT) were registered and Palau International Ship Registry was officially launched.

The event was attended by Delegate Swenny Ongidobel, Congressman, House of Delegates, Palau National Congress; Delegate Lentcer Basilius, Congressman, House of Delegates, Palau National Congress; Steven Kanai, Permanent Representative of Palau to the International Maritime Organisation and Representative of the Palau International Ship Registry in Palau; and Fermin Meriang, Press Secretary of the Office of the President.

Dignitaries from Universal Ship Management Pte Ltd, the company which manages the two vessels, also attended.

Mr. Keith Lai, Executive Director of Universal Ship Management Pte Ltd, said: “We decided to change the flag of the two passenger ships that we manage, Amusement World and Leisure World, to the Palau International Ship Registry because we wanted a flag that would represent quality, expertise and professionalism and also provide a fast, efficient and reliable service.”

President of the Republic of Palau Johnson Toribiong added: “The Republic of Palau archipelago is like a fleet of emerald islands floating on a clear, pristine, and peaceful ocean. Our flag, golden full moon on an ocean blue field, symbolizes beauty, bounty, tranquillity, safety, and peace.

“In announcing the opening of the Palau International Ship Registry for business, we are committed to ensuring the safety of our fleet personnel and passengers, ensuring protection of environment by which our fleet traverse, and ensuring peaceful voyages of our fleet, reflective of the Republic of Palau and her flag.

“We are proud to say that the Palau International Ship Registry is not just another ship registry, but, a ship registry of the highest standard."

The Palau International Ship Registry is an open registry that is fully committed to quality and the principle of protecting life at sea, which is at the heart of its mission statement. The company is headquartered in Houston, USA, with Mr John Waight appointed as Manager Director. It is backed by a professional and experienced team who believe that its duty is to uphold the standards set by industry bodies.

Palau is signatory of all major shipping conventions. Most importantly Palau is one of the 30 signatory countries of the Maritime Labor Convention 2006. This confirms the Government of Palau’s commitment to ensuring that it adheres to all major international regulations and its dedication to safeguarding seafarers.

The Registry offers a range of services such as various types of registration (normal, bareboat charter in and bareboat charter out), certification of seafarers, mortgage recordation, issuance of bunker convention and civil liability certificates, among other services.

Source: Palau International Ship Registry

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