Liberian flag still tops with Greek shipowners

APRIL 14, 2016 – Figures released by the Greek Shipping C-operation Committee (GSCC) show that Liberia has cemented its position as the leading open registry of choice for Greek shipowners, says the registry's U.S.-based manager, Liberian International Ship & Corporate Registry (LISCR).

The GSCC statistics show that, in the year to end-March 2016, the gross tonnage of Greek-controlled ships in the Liberian Registry increased by 995,781 gt.

Liberia, with 744 vessels aggregating 54.74 mllion dwt, is second only to Greece itself in terms of the number of Greek-owned ships flying its flag. Eighteen percent of Greek-controlled ships are registered under the Liberian flag, again second only to Greece (20 percent).

"There can be few stronger and more mutually successful relationships in international shipping than that which exists between Greek shipowners and the Liberian Registry," says LISCR CEO Scott Bergeron. "It is, moreover, encouraging to see that that relationship endures through good and bad times alike for the industry and for the global economy."

Michalis Pantazopoulos, Senior Vice-President of the Liberian International Ship & Corporate Registry (Hellas) SA in Piraeus, says, "It is surely no coincidence that the world's most innovative shipping register is the number one choice of open flag for shipowners from the world's leading shipping nation. The Greek shipping community continues to demonstrate great loyalty to the Liberian Registry, which in turn continues to respond by providing the innovative service and guaranteed quality and safety which owners demand."

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