Tag: Cayman Islands Shipping Registry
Ebanks hopes to enhance maritime business
(CNS): Financial Services Minister André Ebanks travelled to Athens, Greece, last week to support Maritime Authority of the Cayman Islands (MACI) CEO Joel Walton and his staff in meetings with members of the Greek shipping community. The trip was part of MACI’s year-long celebrations of the 120-year anniversary of the Cayman Islands Shipping Registry and […]
Commerce minister sells Cayman in Monaco
(CNS): Joey Hew, the minister for commerce and infrastructure, was the keynote speaker at the Mare Forum in Monaco recently, where he told wealthy superyacht owners that Cayman was open for business and that the portfolio of mega yachts operating under the Cayman Red Standard was growing. He told the the audience that Cayman was […]
Premier leads annual Monaco trip
(CNS): Premier Alden McLaughlin, Chief Officer Eric Bush, Senior Political Advisor Roy Tatum, Commerce Minister Joey Hew and Maritime Authority CEO Joel Walton will be ramping up the air miles this week when the group heads to Monaco. The premier is leading another Cayman trade delegation to the annual luxury boat show in Monte Carlo […]
Cayman shipping registry rated top class
(CNS): The Cayman Islands Shipping Registry has been rated as one of the best in the world in the International Chamber of Shipping (ICS) Flag State Performance Table for 2018/19 for the 8th year on the run. Cayman received positive indicators across the board on the Performance Table, one of 16 countries from 117 with […]
Vessels flying CI flag sail through inspections
(CNS): In 2018 just three out of hundreds of vessels flying the Cayman Islands flag were detained in ports for failing inspections conducted under international agreements, which is helping the local shipping registry become the gold standard in the maritime business. The Cayman Islands Shipping Registry said that last year it recorded a detention ratio […]
Growing business buoys shipping registry
(CNS): The Cayman Islands Shipping Registry enjoyed its second best year ever in 2018, and for the first time in its 115-year history ended last year with 2,215 vessels registered — 1,897 pleasure vessels and 318 commercial vessels. The registry has a total of 5.6 million gross tonnes, which is a 8.5% net increase on the previous […]
Premier adds lunch in Athens to Euro trip
(CNS): After rubbing shoulders with European royalty in the playground of the rich and famous in Monaco, the premier lunched with Greek shipping magnates, having added Athens to his European trip this week. According to a press release from his office, Premier Alden McLaughlin, along with officials from the Maritime Authority of the Cayman Islands, […]
Premier and minister at luxury boat show
(CNS): Financial Services Minister Tara Rivers, who is responsible for the Maritime Authority of the Cayman Islands, and Premier Alden McLaughlin will both be in the playground of the wealthy this week as they attend the Monaco Yacht Show, which opens tomorrow. The delegation to the event includes officials from the Shipping Registry, who will be mixing […]
MACI missing cruise business over marriage
(CNS): Cayman’s shipping registry is not attracting cruise lines because current local legislation prevents ships registered here from conducting on-board weddings elsewhere, the chief executive officer of the Maritime Authority of the Cayman Islands has said. During the previous administration then financial services minister Wayne Panton steered through an amendment to the gambling law to […]
Discrimination against local commercial fishermen
Seagem writes: In 2014 the Cayman Islands Shipping Registry was happy to accept the registration of some local commercial fishing boats, charging $150 per year for the privilege. Even though a new annual fee was already in the planning stages for a Casualty Investigation Fund, which would jack up the overall cost by 50% the […]
