World Commerce Review is pleased to announce that the Isle of Man Ship Registry has been awarded the WCR Best Registry for Sustainable Shipping 2024.
The judges observed the commitment to detail and customer care provided by the Isle of Man Ship Registry and were impressed with the skill, knowledge and awareness provided.
The judges observed the commitment to detail and customer care provided by the Isle of Man Ship Registry and its members. They were impressed with the skill, knowledge and awareness of customer needs in designing innovative tools to address them in smart, efficient ways that improve speed of service of both the Isle of Man Ship Registry and its customers.
They were impressed with the skill, knowledge and awareness of their members, who have demonstrated a sophisticated approach to sustainability for their human capital and clients. The series of shocks over the past three years brought this into focus and the judges commend all those shortlisted and our winners for excellence of operation and standards during these unprecedented times.
The World Commerce Review awards celebrate achievement, innovation and excellence across several fields of endeavour. Our award programs are tailored to provide a comprehensive analysis of the very best in each market. The World Commerce Review awards are recognised as the principal indications of professional conduct and excellence. The selection panel took into account product innovation, on-going customer support and best practice criteria as well as a continuing commitment to deploying the best possible solutions for the benefit of their clients.
About World Commerce Review
WCR is the principal B2B publication available today, enjoying editorial and advertising support from some of the world’s leading business and political organisations. WCR exists to realise the potential of globalisation, reviewing the legal, financial and system requirements of 21st century business.
Today’s corporate business environment requires strategic planning that is flexible and progressive. WCR provides a balanced, objective view of the political, regulatory, cultural, legal, financial and economic requirements needed to form an effective strategy for taking advantage of the opportunities that globalisation offers. WCR is a seamless guide for use at boardroom and government level. WCR is the global trade and finance platform.
About the Isle of Man Ship Registry
The Isle of Man Ship Registry is one of the world’s leading registers of ships and super yachts. A British register providing the very best in service to its valued clients; it is the flag of choice for owners looking for quality and partnership from a Flag Administration.
The Isle of Man Ship Registry has the vision to be an internationally respected quality flag of choice, with a mission to provide a ship registry which adds real value to clients in a rapidly changing global maritime environment.
Based in offices in Douglas, Isle of Man, the register is run by a team of professionals dedicated to providing the very best in service. Backed by sophisticated electronic systems, the register is able to register ships quickly and efficiently to suit all time zones and has on-line systems to smooth the processes for clients. An ISO 9001 and 14000 certified organisation, the Ship Registry operates efficiently and consistently to exceed the standards expected of a modern Flag State.
With its in-house technical expertise, the register provides advice and regulatory oversight for the ships and yachts on the register, in a pragmatic and commercially sensitive manner. This partnership working and service-culture is what attracts clients to register more of their ships in the Isle of Man. Its portfolio of clients includes many of the world’s blue-chip ship owners and prestigious super yachts.
With 24/7 response and a growing network of surveyors in key locations the Ship Registry provides a swift response to allow owners and managers to keep their ships operating in a competitive global industry. Backed by a Government which strongly supports the maritime sector, the Registry is operated on a cost-neutral platform, allowing its fee structure to be extremely competitive. The Isle of Man offers high quality and superb service at a low cost.
The Isle of Man Ship Registry offers the following advantages that together make up a unique package:
-Political and Financial stability – the Isle of Man has a long history of a political stability and is an OECD ‘white-listed’ jurisdiction
-Mortgage Registration – providing flexibility and security of finance
-Ownership – extensive list of accepted countries for ship ownership structures
-English Law – the Isle of Man operates on a system of English law
-Demise/Parallel Registration – the Isle of Man enables parallel registration with other states, both demise-in and demise-out registration to provide solutions for owners.
-British register – flying the British Red Ensign as a badge of quality
-Professional services – the Isle of Man offers the full range of professional maritime services to assist with the registration, ownership and management of vessels and crew
-Port State Control – strong performance on MOU white lists and USCG Qualship 21 program
-Out-of-hours registration to suit shipyard times/closing meetings around the world
-24/7 emergency response by Principal Surveyors (key decision makers)
-Ease for shipyards – no change required to convention standard ship specifications
-Technical expertise – in-house survey and policy teams on hand for advice and consultation
-Network of surveyors – in key global shipping locations
-Pragmatic approach to regulation with a focus on solutions
-Customer service – strong focus on swift response and building relationships
-Flag State Inspection regime using its own exclusive surveyors
-Fees – simple annual fee providing cost effective registration, inspection and certification
-Seafarers Documents – rapid, on-line process for STCW endorsements
-All vessel types – a team fully experienced in the full range of merchant ships, offshore vessels and commercial and pleasure yachts.
IOMSR has shown its commitment to the environment and sustainability through a series of ground-breaking and world-leading initiatives.
-It became the first flag state to join the Getting to Zero Coalition, an industry-led alliance working towards decarbonising the international maritime shipping sector.
-It also became the first flag state in the world to reduce registration fees for ships deploying green technology. This ground-breaking new measure, which went live on April 1 this year, gives ship owners a 15 per cent reduction on their annual registration fee.
-The reduced fee is available to operators of cargo ships, commercial yachts or passenger ships investing in biofuel, alternative fuels, wind, or shore-side energy technology.
-The organisation is also carrying out pioneering work to support the welfare of seafarers. That includes formally launching the first ever seafarer welfare app designed by a flag state. The app, named ‘Crew Matters’, was developed in partnership with Liverpool-based training company Tapiit Live and is the most advanced of its kind ever produced for seafarers. It is available to around 10,000 seafarers sailing on more than 400 vessels under the Isle of Man flag.
For their continued diligence and excellence in this field, WCR is proud to award the Isle of Man Ship Registry the Best Registry for Sustainable Shipping 2024.
For more information visit: www.iomshipregistry.com