The Republic of the Marshall Islands is not only white listed with the Paris and Tokyo Memorandums of Understanding (MoUs), but has also maintained QUALSHIP 21 status with the United States Coast Guard for 16 consecutive years, which is unprecedented. In addition, the RMI meets the flag criteria for a low risk ship under the Paris and Tokyo MoU’s New Inspection Regimes. These factors, in addition to the Registry’s investment in people and expertise, also contribute to the overall growth of the Registry.
（USCG QUALSHIP 21 Qualifying Flag States）
Among the top ten flag states in Paris MoU, Marshall Islands fleet was inspected 4481 vessels from 2017 to 2019, and only 69 vessels were detained, which is better than most of EU member flag states.
（PARIS MOU TOP 10）
Marshall Islands relies on a strong global network and professional team to provide timely technical services and shore-based support for the safe and efficient operation of its ships. At present, among the world's top three open registries, Marshall Islands has maintained a leading position in USCG, Tokyo MoU, Paris MoU, and achieved the best performance in the record of AMSA port state control reports.
（Sources: 2019 Port State Control Annual Reports）
Today, in Australia, the Australian Maritime Safety Authority (AMSA) is getting stricter in her PSC inspections. Ships with flag states that exceeds its average detention rate will have more frequent PSC inspections. In 2019, AMSA announced an average detention rate of 5.06%, and the detention rate of Marshall Islands was 3.7%.
（2019 AMSA Flag State list）
The Marshall Islands flagged fleet has various ship types, covering almost all ship types. Till December 31, 2020, the entire fleet has a total of 4,827 ships, of which the large gas carriers of the fleet have achieved excellent growth rates. This is mainly due to RMI set up separate technical team for the gas carrier sector, which can provide shipowners with strong technical guidance and follow-up services.
（Fleet Type Statistics is updated till December 31, 2020）
In 2020, the global COVID-19 continues to spread, and the world economy is hard to describe in a word. Despite this, Marshall Islands have maintained sustained high-quality and steady growth, with registrations exceeding 178 million gross tons. Marshall Islands is ready to go side by side with all fellows in the shipbuilding industry in the world, and welcome the turnaround in 2021!
（Fleet Growth is updated till December 31, 2020）
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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