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Ship registration is the process by which a ship is documented and given the nationality of the country to which the ship has been documented. The nationality allows a ship to travel internationally as it is proof of ownership of the vessel. [1] International law requires that every ship be registered in a country, called its flag state. [2]
The International Register of Shipping or IS was established in 1993, and is an independent classification society which provides classification, certification, verification and advisory services. The International Register of Shipping also offers consulting services well suited for the shipping and offshore industry. SOPEP at work.
Flag of convenience ( FOC) is a business practice whereby a ship's owners register a merchant ship in a ship register of a country other than that of the ship's owners, and the ship flies the civil ensign of that country, called the flag state. [ 1] The term is often used pejoratively, and although common, the practice is sometimes regarded as ...
List of merchant navy capacity by country. List of merchant navy capacity by flag is a list of the world foremost fleets of registered trading vessels ranked in both gross tonnage (GT) and deadweight tonnage (DWT) sorted by flag state. The table is based on the annual maritime shipping statistics provided by the British Government and the ...
The Society printed the first Register of Ships in 1764 in order to give both underwriters and merchants an idea of the condition of the vessels they insured and chartered: ship hulls were graded by a lettered scale (A being the best), and ship's fittings (masts, rigging, and other equipment) were graded by number (1 being the best).
A ship classification society or ship classification organisation is a non-governmental organization that establishes and maintains technical standards for the construction and operation of ships and offshore structures. Classification societies certify that the construction of a vessel comply with relevant standards and carry out regular ...
The flag state of a merchant vessel is the jurisdiction under whose laws the vessel is registered or licensed, and is deemed the nationality of the vessel. A merchant vessel must be registered and can only be registered in one jurisdiction, but may change the jurisdiction in which it is registered. The flag state has the authority and ...
By cooperation of government and shipping industry, the total tonnage of ship registry in Hong Kong has reached over 129 million gross tons with over 2,400 vessels registered in May 2020. As of 2020 the Hong Kong Ship Register is the world’s fourth largest ship register, and the world’s largest national flag register.