Marshall Islands Report, July 2004.pdf - Marshall Islands Ship and ...

Courtesy of ELNAVI Courtesy of Columbia Ship Management LT, SKA SIRA
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JULY 2004 Vol. 15, No. 3 www.register-iri.com
COMPLIANCE WITH THE ISPS CODE
The International Ship and Port Facility
Security (ISPS) Code has entered into
force and nearly 100% of all applicable
Marshall Islands registered tonnage is compliant
with the Code. In addition, on June 17,
2004, the Minister of Foreign Affairs for the
Republic of the Marshall Islands declared, in a
From left to right: John Ramage, Managing Director, IRI (UK) Ltd.;
Conor Warde, Assistant Counsel; Melissa Hurst, Vice President and
General Counsel; Kostas Xenakoudis, Nautical Inspector, IRI
(Greece); Laura Colbert, Marketing Coordinator; and Theo
Xenakoudis, Business Development Manager, IRI (Greece).
Also in attendance from IRI were Clay Maitland and Tony Guida,
Managing Partners; Bill Gallagher, President; Pat McDermott,
Director of Marketing-Corporate; Jack Enright, Senior Vice
President, Business Development; and Capt. John Giannopoulos,
Managing Director, IRI (Greece).
letter to Mr. Efthimios Mitropoulos, Secretary
General of the International Maritime
Organization (IMO), that the Marshall Islands
Majuro Port Facilities located at the Lagoon
Anchorage, Delap Wharf, Uliga Wharf and
Jaluit Wharf have been certified as complying
with the relevant provisions of the ISPS Code.
To ensure these ports would be in compliance
with the Code, a Marshall Islands Ports
Security Committee had been formally established.
The Committee began working together
in mid-2003 to produce the Port Security
Assessments and Port Security Plans and to set
into place Port Security Regulations.
"We made an early start in developing the necessary
management systems, in communicating
relevant requirements to our shipowners, ship
managers, masters and Recognized Security
Organizations (RSOs), and in having technical
assistance arrangements in place. We started
planning for the ISPS Code implementation the
week after the conclusion of the Diplomatic
Conference that developed the Code," stated
Bill Gallagher, President, International
Registries, Inc. (IRI).
IN THE NEWS...
CELEBRATING
CELEBRATING
22
MILLION GROSS TONS ONS
AT POSIDONIA 2004
Posidonia, the shipping industry's largest
maritime convention, saw a 25% increase
in visitors in 2004 over that in 2002. Not
only was this a time for the Marshall
Islands Registry to network with current
clients and new contacts, but it was also a
time for celebration. The Registry reached
its goal of 22 million gross tons during the
week of Posidonia and invited many of the
industry players to celebrate during IRI's
reception at the Piraeus Yacht Club. "The
Greek shipping community is one of the
Registry's greatest supporters. Posidonia is
a time when we can thank our clients for
their continued support of the Registry,"
said Melissa Hurst, Vice President and
General Counsel.
"We are an active participant at Posidonia -
both this year and in the past. Here is
where everyone who's anyone in shipping
congregates to get updates, find out who's
"Although the Code is not going to be a miracle
cure for the terrorist threat, if properly implemented,
it will reduce the opportunities avail-
able to those who seek to attack ships or use
them for their own nefarious purposes, whether
they be pirates or terrorists," added Gallagher.
"A strong commitment to the Code by all the
participants will also yield unexpected safety
benefits. The challenge now, for the maritime
industry in general, is to make sure the ISPS
Code is implemented properly and in the right
spirit so that it becomes a central element of
shipping's safety and security culture."
new in the shipping industry and network
with each other," said Bill Gallagher. "This
year, unprecedented profitability levels
have been reached by the shipping industry.
I think this contributed to the success of the
show and the high spirits that everyone displayed
during the week," he continued.
MARPOL Annex VI to enter into force.
Regulations for the Prevention of Air
Pollution from Ships are set to enter into
force on May 19, 2005. The 1997 Protocol
to the MARPOL Convention, which
includes Annex VI, sets limits on sulphur
oxide and nitrogen oxide emissions from
ship exhausts and prohibits deliberate emissions
of ozone-depleting substances. With
the entry into force of Annex VI, the full set
of MARPOL international regulations for
the prevention of pollution by ships will be
in force. These requirements are retroactive
to January 1, 2000, as previously advised.
For more information visit:
www.register-iri.com/marinesafetyadvisories/msadvisory_36-04.doc
continued on page 3

By: Captain David Bruce
The winds of change are blowing -
so we were told at the beginning of
the year, after Mr. Efthimios
Mitropoulos had been appointed as
Secretary General of the International
Maritime Organization (IMO) - throughout
the maritime world and within the IMO
and its Secretariat. Since the time when
winds drove ships, the requirements for
ships and shipping have evolved, but it is
only in more recent years that there has
been an international body with the specific
function of permitting States to discuss
and adopt international regulations to benefit
maritime safety, protect the environment,
and more recently, secure ships and
ports.
...assurances are needed that
trade will not be hampered or
brought to a standstill...
During this term, Mr. Mitropoulos inherited
a broad range of issues for the
Organization, which focus on heightened
maritime safety, security and environmental
concerns. In light of the difficult deci-
The Marshall Islands Delegation
From left to right: Captain David Bruce,
Admiral Robert North, Dan Sheehan, Captain
Tom Heinan and Joseph Bigler
July 5th - 9th: Sub-Committee on Safety of Navigation
(NAV) - 50th session
July 12th - 16th: Suppression of Unlawful Acts (SUA)
July 19th - 23rd: Facilitation Committee (FAL) - 31st
session
August 30th - September 3rd: Working Group on
Evaluation of Safety and Pollution Hazards of
Chemicals (ESPH Working Group)
September 13th - 17th: Sub-Committee on Stability and
Page 2, MARSHALL ISLANDS REPORT, JULY 2004
LOOKING TO O THE FUTURE
sions that must be
made concerning all
of these issues, the
public image of the
IMO is critical. To
achieve a realistic balance
between commercial
shipping and
regulations, assurances
are needed that
trade will not be hampered
or brought to a
standstill with the
development of more
rules. One way to
improve the public
perception of the IMO
and the regulations
that result is to develop
a more "public" image. To achieve
transparency, proposals to open all committee
meetings to the press and/or the
public are being discussed.
Public image is not the only hurdle facing
the IMO. For the IMO to retain its role as
the premier body for the development of
and responsibility to maritime safety and
environmental issues, it is necessary for it
to be proactive. There is considerable danger
from activities in other UN bodies or
of regional or national regulations being
developed and implemented, which could
encroach on the areas of expertise of the
IMO and destroy the global implementation
of international standards that
have been achieved by the IMO since
its inception.
A further dilemma is the fact that the IMO
does not have enforcement powers - these
being delegated to the member States.
With the member State audit scheme
being developed, the Secretariat will provide
an oversight function - a greater function
than that provided in connection with
IMO UPCOMING EVENTS 2004
Load Lines and on Fishing Vessels Safety (SLF) - 47th
session
September 27th - October 1st: Sub-Committee
on Dangerous Goods, Solid Cargoes and Containers
(DSC) - 9th session
October 4th - 8th: Strategic Plan Working Group
October 4th - 8th: Ballast Water Management Working
Group
October 11th - 15th: Marine Environment Protection
Committee - 52nd session
the STCW white list. But still, the
Secretariat may only make recommendations,
or possibly arrange for technical
assistance to be given to a State. The IMO
cannot take sanctions or force a State to
take any action. So, as a way forward,
should there be further evolving of the role
of the IMO into that of an enforcement
body? That is up to the member States to
determine in the future.
The IMO is guaranteed to encounter many
more obstacles in its pursuit to assure safety,
security and environmental awareness
on the high seas, but it will always play a
key international role in the maritime
world. May the wind always be at the
back of Secretary General Mitropoulos
and allow him to use his considerable
diplomatic skills to ensure the continuing
unity of the membership, and to maintain
the IMO spirit of consensus.
Captain Bruce is the Permanent Maritime
Representative of the Republic of the
Marshall Islands to the IMO.
October 18th - 22nd: IMSO Assembly
October 18th - 22nd: IOPC Funds
October 25th - 29th: Legal Committee - 89th session
November 1st - 5th: 26th Consultative Meeting of
Contracting Parties to the London Convention 1972
November 15th - 19th: Council - 93rd session
December 1st - 10th: Maritime Safety Committee -
79th session

IN THE NEWS ...CONTINUED
The President of the Republic of the Marshall Islands,
The Honorable Kessai H. Note and First Lady, Mary Note, took
time out of their busy
schedules on June 16,
2004, to attend a dinner
held by International
Registries, Inc. (IRI) in
their honor. The dinner
provided President Note
the opportunity to celebrate
the incredible
From left to right: President Kessai H. Note; First Lady
Mary Note; and from IRI, Bill Gallagher, President and
Melissa Hurst, Vice President and General Counsel
growth of the Maritime
and Corporate Registry
of the Marshall Islands.
Also in attendance from the Marshall Islands delegation were
Minister of Foreign Affairs Gerald Zackios, Ambassador Banny
deBrum and Senator Maynard Alfred. The President was in
Washington, DC to meet with the United States Government to
discuss issues relating to the Compact of Free Association and
nuclear claims.
From left to right: Bill Gallagher; President Kessai Note; First Lady Mary Note; Melissa
Hurst; Tony Guida, Managing Partner; and Minister of Foreign Affairs Gerald Zackios
From left to right: Kathy Haines, Senior
Vice President and Chief Financial
Officer of OMI Corporation and Bill
Gallagher, President, IRI
EVENTS AROUND THE WORLD
6TH ZHEJIANG
INVESTMENT & TRADE
SYMPOSIUM
From left to right: Miss Sharon Chu of Wong
Lam Leung CPA Firm; Paul Hung, Business
Development Manager, International Registries
(Far East) Limited; Chris Yao, Marketing
Executive, Shanghai affiliate; and Sampson
Au, Corporate Administrator, International
Registries (Far East) Limited
POSIDONIA 2004
From left to right: John Wobensmith, Senior Vice President of
American Marine Advisors, Inc.; Conor Warde, Assistant Counsel,
IRI; Erlend Lous, Attorney at Law and Siri Bjørn, Attorney at Law
of Vogt & Wiig in Oslo, Norway; and Clay Maitland, Managing
Partner, IRI
Hans Krijger joined IRI as a full-time Nautical Inspector
based in The Netherlands and is reporting
to the London office. His duties
include conducting inspections for
Marshall Islands registered vessels to
determine their structural condition and
compliance with international and
national safety, security, and environmental
protection requirements and
conduct oversight of the Marshall
Islands nautical inspector program and
of the performance of the recognized organizations acting on behalf
of the Registry. Mr. Krijger graduated from the Maritime Institute,
Vlissingen as a marine engineer. He obtained his chief engineer’s
license after sailing a variety of ships such as general cargo, tugboats,
reefer and passenger ships. Since 1995 he has been working on the
ship management side as superintendent for Vroon Shipping and later
for a dredging company. He will primarily be working in the
Northern Europe, Africa and the Middle East regions.
The Maritime Administration is in the process of reviewing its nautical
inspection procedures due to the rapid growth of the Registry. This
review process will entail an update of the nautical inspector guidelines,
rewrite of the Report of Operational Safety Inspection form, and
evaluation of existing and needed nautical inspection service coverage.
One of the main objectives of this review process is to ensure that
nautical inspectors are provided with past port and flag State inspection
results, Class survey results, and other necessary information, so
that a focused inspection on certain ships may be conducted. The end
result of this revamped process provides inspectors with a list of areas
of concern that will be verified by the Maritime Administration. The
Registry is moving away from a "check-the-box" mentality. Mr.
Krijger is a key player in this new inspection process as he will be the
Marshall Islands exclusive flag State surveyor for ships in need of an
extended inspection.
SHIPORT CHINA 2004
From left to right: Pearl
Zeng, Relationship Manager,
Shanghai affiliate and Annie Ng,
Corporate Manager, International
Registries (Far East) Limited
From left to right:
Theo Xenakoudis,
Business Development
Manager, IRI (Greece)
and Dr. Klaus Dimigen,
Rechtsanwalt of Dr.
Ehlermann & Jeschonnek
in Hamburg, Germany
Page 3, MARSHALL ISLANDS REPORT, JULY 2004

AROUND THE WORLD
IRI's Legal Department in Reston has recently
expanded with the addition of Conor Warde.
Along with Melissa Hurst, Vice President and
General Counsel, are:
Conor Warde, Assistant Counsel, who joined
IRI's Legal Department in March 2004. Prior to joining
IRI, Mr. Warde served as a law clerk at the
Office of the United States Trade Representative.
Additionally, he has worked for the Crown
Prosecution Service in London and lived in
Luxembourg, where he worked as a Securities
Administrator for a financial services company. Mr.
Warde received his B.A. with degrees in Economics
and English Literature from Georgetown University
and his J.D. from The George Washington
University Law School in Washington, DC. He is a
member of the Maryland State Bar and is currently
awaiting admission to the District of Columbia Bar.
Phillip “Phil” Egelston, Associate Counsel, who
has been with IRI since November 2000, earned his
B.A. in History from Cornell College, a M.A. in
History from Virginia Polytechnic and State
University (VA Tech), and a J.D. from Catholic
University's Columbus School of Law. He was
awarded the Roop Scholarship for his Master's studies
at VA Tech and served as the editor of Catholic
University's Columbus School of Law "Journal of
Contemporary Health and Law." He is a member of
the Maryland Bar and American Bar Association.
Diane Gilner, Assistant Counsel, joined the company
in 1991. She received her undergraduate degree
from The State University of New York at
Binghamton and her J.D., with a concentration in
international business law, from American
From left to right: Conor Warde, Assistant Counsel; Diane Gilner,
Assistant Counsel; Phil Egelston, Associate Counsel; and center
Melissa Hurst, Vice President and General Counsel
University's Washington College of Law where she
graduated Cum Laude. Her previous employment
includes work at the Board of Immigration Appeals
(Department of Justice Honors Program) and managing
the London office of an international marketing
company. She is a member of the District of
Columbia Bar and fluent in French with dual
French/American nationality.
“The growth of the Marshall Islands Registry has
dictated the need for another lawyer. The attorneys
are instrumental in assisting IRI's international clientele
with various inquiries regarding the corporate
and maritime programs,” said Melissa Hurst.
“Phil, Diane and Conor's diverse backgrounds complement
each other and are an asset to the Marshall
Islands Registry.”
CORPORATE CORPORATE
FORMATIONS
FORMATIONS
Corporations are quickly and easily formed at low cost and are simple to maintain and administer.
Upon instruction, a company can be formed in one day at any IRI office. Corporate documents are delivered by
courier within two-three days. Ready-made shelf companies are available for immediate purchase from our
offices worldwide. The following should be provided to an IRI correspondent in order to form a corporation:
Choose a corporate name. Include two alternative names in the event that the first
selection is unavailable. Any standard corporate suffix is acceptable.
Share structure. Shares may be issued in registered and/or bearer form. A standard
formation provides for 500 registered and/or bearer shares without par value.
WE NOW ACCEPT AMERICAN EXPRESS PAYMENTS ON-LINE
FREE REDOMICILIATION OF FOREIGN CORPORATIONS FOR A LIMITED TIME
July 30th - August 1st: 2004 Shenzhen
Financial Planning Expo
Shenzhen, China
Booth
September 6th - 8th: WISTA Annual
Conference 2004
Rotterdam, The Netherlands
September 8th - 9th: LSE German Ship
Finance Conference
Hamburg, Germany
Event Speaker Bill Gallagher, President
September 8th - 11th: 8th China
International Fair for Investment &
Trade
Xiamen, China
Booth
IRI UPCOMING EVENTS 2004
September 20th: IRI's Annual Golf
Tournament
Armonk, New York USA
September 21st - 24th: 6th International
Conference on Engine Room Simulators
Wuhan, China
Event Speaker Bill McCuskey,
Maritime Manager
September 22nd - 25th: Monaco Yacht Show
Port Hercules, Principality of Monaco
Booth
October 14th: Marine Money 6th Annual
Greek Ship Finance Forum
Athens, Greece
Event Panelist Clay Maitland,
Managing Partner
October 15th: Marine Money China Ship
Finance Forum
Shanghai, China
Event Speaker Bill Gallagher, President
October 28th - November 1st:
Ft. Lauderdale Boat Show
Ft. Lauderdale, Florida USA
Booth
October 29th: Mare Forum Ship Finance
2004 Conference
Amsterdam, The Netherlands
Event Speaker Bill Gallagher, President
For updates on IRI’s upcoming events
visit www.register-iri.com.
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VISIT IRI ON THE WEB
www.register-iri.com
MI REPORT
Managing Partners
Tony Guida Clay Maitland
President
William R. Gallagher
Vice President & General Counsel
Melissa A. Hurst
Director, Marketing/Corporate
Patricia McDermott
Marketing Coordinator
Laura Sherman Colbert
Graphic Designer
Victoria L. Cooper
Page 4, MARSHALL ISLANDS REPORT, JULY 2004